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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 narrow over time.
According to Fitch Ratings, prices of high-grade coal have been boosted by tight supply and geopolitical intensions, while prices of low-grade coal are constrained by weak demand from China. Newcastle 6,000kcal/kg grade coal reached USD380/tonne (t) in late June, a 105% premium over Newcastle 5,500kcal and close to the hard coking coal price of USD385/t. Fuel costs of north Asian power plants using liquefied natural gas are similar to those burning high-grade coal, suggesting limited upside for coal prices.
China’s benchmark Qinhuangdao 5,500kcal/kg price fell to the current CNY1,200/t and has found support at that level, from over CNY1,600/t in late March. The correction reflects weak demand; thermal power generation declined by 10.9% yoy in May 2022 due to lockdowns to contain Covid-19 outbreaks and strong hydropower generation. Coal inventories at power plants have also rebounded, Fitch Ratings says.
Fitch Ratings also noted that, India’s power demand rebounded by 10% yoy in April 2022 and 20% in May 2022, driven by an economic recovery, as the Covid-19 pandemic ebbed, as well as high temperatures in many regions. This led to tight coal supply, with the nation's average coal stock falling below eight days by end-April, despite a 15% rise in domestic coal production in 4M22. The government has ordered all power plants to use imported coal for 10% of their fuel to improve the availability of coal and meet the strong power demand. We expect the compulsory coal blending, which is likely to continue until 3Q22, to drive coal import growth during the year.
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Wednesday, 09 February 22
OIL PRICES: "IT'S GOING TO BE VERY EASY" TO GET TO $100/BARREL, ANALYST SAYS - YAHOO FINANCE
Energy and oil prices have been on fire over the last six months — and expect them to go higher, says one analyst.
“For ...
Wednesday, 09 February 22
MARKET INSIGHT - INTERMODAL
Iron ore prices have jumped significantly in the week prior to the Chinese New Year with traders and producers stocking up on raw materials. China& ...
Wednesday, 09 February 22
FEBRUARY HBA HITS RECORD HIGH IN 2022 ON INDONESIA’S EXPORT BAN IN JANUARY, WORSEN SUPPLY, UKRAINE TENSIONS
COALspot.com: Indonesian Coal Price Reference for February in a steep climb from January 2022.
As expected in January the Indonesia ...
Wednesday, 09 February 22
CHINESE COAL MARKS BEST DAY IN 4 MONTHS ON TIGHT SUPPLY, HIGH DEMAND - REUTERS
China’s coal futures on Tuesday recorded their best session since Bejing’s mid-October intervention to cool runaway prices, aided by co ...
Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...
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- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
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