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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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Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...
Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...
Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...
Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...
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- GMR Energy Limited - India
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
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