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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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Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
Monday, 25 October 21
A QUESTION OF POSSESSION - THE BALTIC EXCHANGE
Possession and tangibility are closely related concepts long established under English law. Yet a change to these concepts is around the corner. Th ...
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Showing 431 to 435 news of total 6871 |
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- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Planning Commission, India
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
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