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Wednesday, 05 January 22
CHINA COAL FUTURES SURGE ON SUPPLY WORRIES AMID INDONESIA EXPORT BAN - REUTERS
China’s thermal coal futures surged by as much as 7.8per cent to kick off 2022 on concerns of supply disruptions after Indonesia, its biggest overseas supplier, banned exports.
The most-active thermal coal futures contract, for May delivery, on the Zhengzhou Commodity Exchange opened up 7.3per cent higher and is at 708 yuan (US$111.10) a tonne, up 5.5per cent, at 0225 GMT, on track for its biggest daily increase since Nov. 25.
The increase follows Indonesia’s announcement on Saturday banning coal exports in January because of worries that low supplies at its domestic power plants could lead to widespread blackouts.
China sourced 178 million tonnes of Indonesian coal, mostly thermal coal, in the first 11 months of 2021, accounting for more than 60per cent of its total coal imports, customs data showed.
The ban comes amid a tumultuous time for the coal market after prices surged to records last year because of falling Chinese supply that caused some regional blackouts. Zhengzhou futures climbed to a record 1,848 yuan on Oct. 19.
“Indonesian coal is mainly shipped to coastal regions in eastern and southern China and accounts for about 20per cent of the total supply in the region,” said Zhai Kun, an analyst at Guotai Junan Futures in a note.
The Indonesian export ban is expected to tighten coal supply in the Chinese market since China’s domestic coal output is already at a record high, Zhai said.
China churned out a record 370.84 million tonnes of coal in November to ensure sufficient energy supplies for the winter heating season. But output is forecasted to slip with power plants slowing down their stockpile replenishing while the government carries out crackdowns on illegal mining.
“A supply cut is certain as many Indonesian miners have declared force majeure, but in the meantime China’s domestic supply is ample,” said a Singapore-based coal trader, referring to force majeure, the legal term for when a supplier cannot meet a contract because of forces beyond their control.
Source: Reuters
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Tuesday, 08 March 22
RUSSIA-UKRAINE CONFLICT ADDS IMPETUS TO ASIA'S ENERGY TRANSITION - IEEFA
Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets
Russia’s invasion of Ukra ...
Tuesday, 08 March 22
THE HIGH COST OF INDONESIA’S DOWNSTREAM COAL PROJECTS IS UNDERESTIMATED - IEEFA
Three Indonesian ministries have come up with a DME purchase price of US$378/tonne fixed for 20 years compared to IEEFA’s US$601/tonne estima ...
Wednesday, 02 March 22
SHIPPING MARKET INSIGHT - INTERMODAL
The escalating confrontation between Russia and Ukraine has the potential to disrupt global order and set the world back a few decades. While count ...
Tuesday, 22 February 22
THE DRY BULK MARKET HAS MOVED ON A POSITIVE TRACK - ALLIED
The dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions durin ...
Tuesday, 22 February 22
CHINA'S DAILY OUTPUT OF COAL REBOUNDS TO OVER 12 MLN TONNES - REUTERS
China’s coal output returned to more than 12 million tonnes per day as of Feb. 20, the country’s state planner said on Monday, a level ...
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- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Deloitte Consulting - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
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