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Tuesday, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal prices beginning next year for medium and long-term contracts.
Stock of Inner Mongolia Yuan Xing Energy Co jumped 6.63 percent as of press time, Guanghui Energy was up 6.04 percent.
The market spike followed the release of a work plan addressing the signing of medium and long-term coal contracts in 2022, drafted by the National Development and Reform Commission (NDRC), China’s top economic planner.
The supply side will cover all coal production firms with an approved production capacity of 300,000 tons per year and above, and the demand side will achieve full coverage of coal for power generation and heating for the first time, according to a report by the Economic Information Daily on Monday.
The NDRC issued the plan for seeking public input during the National Coal Trade Fair, which concluded on Sunday in Rizhao, East China’s Shandong Province.
China will beef up efforts to ensure stable supply of coal and energy next year, according to officials attending the industry summit, with the main driver – the medium and long-term coal contracts – playing a key role in stabilizing the market.
The plan also set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per ton, with the benchmark price adjusted for the first time from 2017’s 535 yuan per ton to 700 yuan per ton.
The medium and long-term contracts refer to contracts signed by players on both the supply side and the demand side for a period of one year or longer with a clear quantity and price mechanism.
The adjustment partially filled the price difference between contracted coal and spot coal, and allows coal prices to fluctuate within a larger range. The market’s previous pessimistic sentiment regarding the strong supervision of coal contract prices has been significantly eased, and a more reasonable long-term agreement also helps stabilize the fluctuation range, according to an analysis note by Shengang Securities.
China has been pushing coal miners to ramp up output and increase imports to stabilize coal prices and ensure supply during the winter-heating season. Coal output reversed a falling trend to increase in October.
The volume of coal transported by rail and sea in China saw a surge in October and November, official data showed.
On average, about 86,300 trains loaded with coal had departed from local areas in China every day from November 1 to 15, an increase of around 10,000 trains, or 13.5 percent from last year, data from the China State Railway Group Co showed.
Port spot prices and futures prices for coal also fell rapidly.
“Although we see obvious effects in securing coal supply at the moment, there is still pressure and uncertainties in the future. After December, the northern region of the country will enter peak winter season, which will have higher demand for coal supply,” Lu Junling, head of the coal department of National Energy Administration, said at the coal fair, adding that coal firms should strengthen organic connection of production, transportation and supply.
Source: Global Times
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Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...
Tuesday, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.
As expected, Russia – Ukraine war dr ...
Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
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- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Australian Coal Association
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
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