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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 higher in the short term, with strong realised prices in 2022 boosting its annual revenue.
The comments come after China, Australia’s largest coal importer and trade partner, earlier this month lifted an unofficial ban on coal imports and others commodities from the country after a nearly three-year long geopolitical tussle.
The Brisbane, Queensland-based miner, which has not typically sold coking coal to China, said last week it had received enquires for long-term supply as Beijing lifted its unofficial ban on coal imports from Australia.
“Coronado expects Australian metallurgical (met) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or U.S. met coal production, particularly to the Chinese steelmakers in southern regions,” the company said.
Chief Executive Officer Gerry Spindler said he expects met coal prices to remain above historical averages throughtout 2023 due to the ongoing trade constraints for Russian coal and elevated thermal coal demand and prices.
The coal miner posted annual revenue of $3.57 billion, 66% higher than last year with average realised prices more than doubling to $303.1 per tonne.
However, its coal sales volume for the year fell 7.7%, sending shares of Coronado Global 3.3% lower to A$2.07 at 0336 GMT.
Source: Reuters
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Economic Council, Georgia
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Bhatia International Limited - India
- PTC India Limited - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
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