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Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase if and when Beijing lifts trade sanctions against Australia.
Australian Foreign Minister Penny Wong was set to push China to lift trade sanctions during this week’s trip to Beijing aimed at mending strained diplomatic ties.
Relations between Beijing and Canberra soured after Australia introduced laws to deal with what it said was Chinese interference in Australian politics, and called for an independent investigation into the origins of COVID-19.
Top steel producer China has taken measures to restrict or ban shipments of several Australian commodities, including coal.
The most-traded May coking coal on China’s Dalian Commodity Exchange DJMcv1 ended daytime trade 3.5% lower at 1,841.50 yuan ($263.79) a tonne. It earlier hit 1,822 yuan, its weakest since Dec. 8.
Coke DCJcv1, the processed form of coking or metallurgical coal, shed 4.1% to 2,652 yuan a tonne, after hitting 2,636 yuan, its lowest since Nov. 24.
“There may be signs of recovery in relations between the two countries. If Australian coal is released, domestic coking coal will turn from a shortage to a surplus,” Zhongzhou Futures analysts said in a note.
Concerns over surging COVID-19 infections in China added pressure on prices of the raw materials and steel benchmarks.
Rebar on the Shanghai Futures Exchange SRBcv1 slipped 0.7%, hot-rolled coil SHHCcv1 dipped 0.6%, wire rod SWRcv1 shed 0.4%, and stainless steel SHSScv1 slumped 3.1%.
However, iron ore – which has not been covered by Beijing’s restrictions on Australian commodities – rebounded after sell-offs on Monday.
Dalian iron ore’s most-active May contract DCIOcv1 rose 0.2% to 804.50 yuan a tonne, while the steelmaking ingredient’s benchmark January contract on the Singapore Exchange SZZFF3 was up 1.3% at $109 a tonne, as of 0700 GMT.
Source: Reuters
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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
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- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
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