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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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Wednesday, 05 January 22
INDONESIA WARNS COAL SUPPLY CRUNCH NOT OVER AS CHINA PRICES RALLY - REUTERS
Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s (Jan 5) review of its export ban, unnerving global ...
Tuesday, 28 December 21
INDIA'S ADANI NEARS FIRST COAL SHIPMENT FROM SHUNNED AUSTRALIAN MINE - REUTERS
India’s Adani Group ADEL.NS is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven- ...
Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament w ...
Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally pu ...
Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
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- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
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- Thiess Contractors Indonesia
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- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
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- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
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- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
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- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Planning Commission, India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
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- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
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- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
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