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Monday, 18 April 22
GERMAN COAL IMPORTERS EXPECT A BRIEF SPIKE IN PRICES ON EU BAN - REUTERS
A European Union embargo on Russian coal imports will push up prices in the short term before alternative supplies become available to steady the cost, German coal importers’ group VDKi said.
A planned phase-out of coal imports is the cornerstone measure in a fifth package of sanctions against Russia proposed by the European Commission this week in reaction to civilian deaths in the Ukrainian town of Bucha.
“The VdKi believes that prices will increase in the short term due to the change in the flow of goods and shortages of certain coal qualities,” it said in a press release that described measures already being taken to switch away from Russian coal.
Citing a survey of its 44 member companies – which import the bulk of coal going to German power stations and steelmakers, foundries and heat providers – the group added that 60% expected prices to remain steady over the medium to long term.
On Wednesday, VDKi said alternative supplies would be in place by the peak demand winter season.
Germany imported around 18.2 million tonnes of Russian coal for power generation and 2.3 million tonnes for other uses last year, accounting for about half of its total requirement.
VDKi said traders and consumers had already begun turning away from Russia due to logistics problems since September.
Benchmark European API2 coal futures for 2023 are just under $214 a tonne, three times the level of a year ago.
Sources told Reuters this week that a EU ban on Russian coal, its first on the country’s energy sector, would take full effect from mid-August, a month later than initially planned following pressure from Germany to delay the measure.
Ifo institute researcher Karen Pittel said an embargo would be “uncomfortable in the short-term, but manageable”.
Russia has said it can sell coal elsewhere. It denies targeting civilians during what it calls a “special military operation” in Ukraine.
Source: Reuters
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Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
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- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- The University of Queensland
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
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