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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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Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...
Tuesday, 26 April 22
INDIA'S COAL IMPORTS ARE SHIFTING, THERMAL MORE THAN COKING - REUTERS
India’s coal imports are starting to reflect shifting world trade and pricing dynamics in the wake of Russia’s invasion of neighbouring ...
Monday, 18 April 22
FINNISH 'LOOPHOLES' ALLOW IMPORTS OF RUSSIAN COAL AND OIL TO CONTINUE - EURONEWS
Activists in Finland are calling for the government to clamp down faster on state-owned companies that continue to import raw materials from Russia ...
Monday, 18 April 22
GOVT IN DISCUSSION WITH WORLD BANK ON FRAMEWORK FOR COAL MINE CLOSURE - BUSINESS STANDARD
The coal ministry is in discussions with the World Bank for collaboration on the mine closure framework, a government official said on Wednesday.
...
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 ...
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- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
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