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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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Tuesday, 17 January 23
MARKET INSIGHT - INTERMODAL
Rumor has it that the New Year has come, to set the pace in, for Russia to continue hostilities against Ukraine. Ten months on the go, into Russia& ...
Tuesday, 17 January 23
INDONESIA IS ACCOUNTING FOR 32.3% OF THE GLOBAL SEABORNE COAL MARKET IN 2022 - BENCHERO 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, Benchero ...
Tuesday, 10 January 23
INDONESIAN HBA IS SEEING A SPIKE IN JANUARY 2023 INSTEAD OF A SIGNIFICANT FALL IN DECEMBER 2022
COALspot.com: Indonesian Coal Price Reference up 8.43% in January 2023.
HBA is seeing a dramatic spike in January 2023 i ...
Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator s ...
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 ...
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- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- CNBM International Corporation - China
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