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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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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- MS Steel International - UAE
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
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