We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
 Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal imports as a direct reaction to the threat of a reduction in gas supply from Russia. The ban comes at a time when coal trade is already tight. As a result, thermal coal prices have been surging on the back of tight supply and geopolitical tensions.
Considering that the EU was importing approximately 35-40mn tonnes/year from Russia, these cargoes need to be supplied from elsewhere, namely US, Australia, South Africa, and Colombia. US accounts for the largest exporter of thermal coal to Europe at the moment, with exports surging to 11.2mn tonnes during 1H22, noting a 91.6% y-o-y increase. Amid intensified sanctions, US Government is exerting pressure on miners to increase production, therefore, trade flows from US to EU ports (mainly Netherlands and Germany) are expected to increase within 2H22.
High-quality Australian coal, on the other hand, is also benefiting from the surging demand in the EU. Imports from Australia surged to 10.2mn tonnes, marking a 27.8% y-o-y increase. For instance, thermal coal exports from Australia's Gladstone port in Queensland hit an 11-month high in June. Gladstone shipped 193,000 tonnes to the Netherlands, 76,400 tonnes to Poland, and 40,000 tonnes to Turkey. Trade flows from Australia, however, did not provide adequate relief as part of Australia’s production tied to long-term contracts.
Volumes from Colombia flowing to Europe recently are on an uptick. Although EU’s appetite for Colombian coal has declined during the past years, the country’s recovered production provided a steady flow of imports amid the current energy crunch, while more shipments are expected during the following months.
Lastly, South African coal has seen its exports recovering y-o-y amid the EU’s increased demand. However, the country’s issues with violence waves, logistics issues, and Covid-induced and weather-related disruptions in production have resulted in unpredictable trade flows. Given that the nation will be able to hold its export momentum, more shipments could be anticipated toward the EU during Q3.
In the meantime, new origins are emerging, like Tanzania, Kazakhstan, and Nigeria, which are being positively considered as a backup measure. EU buyers have started exploring them as a viable plan of action due to competitive prices and quality. Over the past 2 months, a few shipments have been imported to the EU from Tanzania and Kazakhstan at competitive prices compared to the US and South African coal. If imports increase, they will provide relief to thermal coal prices.
Thermal coal is now traded at the range of $400/mt compared to $130/mt the year before, marking a 300% y-o-y increase. With supply being already tight and demand rising from the EU, a supply/demand imbalance will continue to add pressure on thermal coal prices. Given the EU will manage to establish alternative coal resources, prices may soften in the medium term.
By Chara Georgousi
Research Analyst
Compiled by:
Intermodal Research & Valuations
Analysts:
Yiannis Parganas
Tamara Apostolou
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 24 April 20
CHINA COAL PRODUCER YANZHOU COAL POSTS 9.6 PCT RISE IN 2019 NET PROFIT - XINHUA
China’s major coal producer Yanzhou Coal Mining Co., Ltd. said Thursday that its net profit saw a 9.6 percent rise in 2019.
Th ...
Tuesday, 21 April 20
INDONESIA ACCOUNTS FOR 19% OF JAPAN'S TOTAL COAL IMPORTS - BANCHERO COSTA
Coal trade in Asia is proving remarkably resilient this year, despite the global economic impact from COVID-19.
We have seen China&r ...
Tuesday, 21 April 20
COVID-19: CHARTERPARTY MATTERS FOR SHIPOWNERS - SKULD
KNOWLEDGE TO ELEVATE
Whilst the plight of cruise ships, stranded off shore with sick passengers and crew, may be dominating media headlines, t ...
Monday, 20 April 20
SUPRAMAX: A 52,000DWT SHIP FIXING AN INDONESIA COAL RUN TO CHINA AT $4400 - BALTIC BRIEFING
Capesize
This week was the strongest period seen for the Capesize market in several months. All routes globally succumbed to improved sentiment ...
Friday, 17 April 20
PANDEMIC TO BRING ASIA'S 2020 GROWTH TO HALT FOR 1ST TIME IN 60 YEARS - IMF: REUTERS
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented ...
|
|
|
Showing 1006 to 1010 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- MS Steel International - UAE
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
|
| |
| |
|
