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Friday, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it announced the preliminary results of a probe into the industry.
The National Development and Reform Commission (NDRC) had announced the probe a month ago, saying it wanted to standardise conduct in the energy index provider business as part of its crackdown on record-high coal prices that were a key contributor to widespread power shortages in China.
“Judging from the preliminary assessment and compliance review, some coal price index behaviour has non-compliance problems,” the NDRC said on Wednesday, adding that this had “misled the market and … caused the price increase to deviate from the fundamentals of supply and demand.”
It did not name any of the 12 companies it said had been probed or specify how some of them had been noncompliant.
Dozens of organisations provide coal pricing data in China and their assessments can be used by traders as a basis for physical transactions.
China’s thermal coal futures CZCcv1 hit a record high of 1,982 yuan ($310) a tonne on Oct. 19, which was more than five times higher than a year earlier. They have since more than halved to around 940 yuan as authorities signalled a willingness to intervene in pricing and ordered miners to boost output.
Thermal coal was trading up more than 5% by 1400 GMT in night trading on Wednesday and remains up around 80% year-to-date.
The NDRC said it would further verify the issues identified in its probe and take disciplinary measures such as publicly naming the companies found to be non-compliant.
Other possible measures include ordering rectifications by a certain date, suspending publication of an index and including companies on a list of “untrustworthy entities”, it said, adding that any illegal behaviour uncovered would be investigated in accordance with the law.
Source: Reuters
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Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
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- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- The University of Queensland
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
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