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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$2.07 at 0336 GMT.
Source: Reuters
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Wednesday, 06 July 22
MARKET INSIGHT - INTERMODAL
Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the ship ...
Tuesday, 05 July 22
WHY ARE VLSFO PRICES SO HIGH, ESPECIALLY IN SINGAPORE? - STEVE CHRISTY, INTEGR8 FUELS
Tightness in products still trumps talks of recession
Last month we wrote about the fears of recession versus the tightness in product markets ...
Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report ...
Tuesday, 05 July 22
CHINA POLICY KEY FOR IRON ORE OUTLOOK - ING
China’s covid lockdowns and recessionary risks hit iron ore
Iron ore prices have fallen significantly from their year-to-date high of US$ ...
Monday, 04 July 22
INDONESIAN COAL PRICE REFERENCE SLIGHTLY DOWN IN JULY
COALspot.com: Indonesian Coal Price Reference for July delivery drops 1.52 per cent month on month.
The Indonesian Coal Price Refere ...
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- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
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