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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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Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Posco Energy - South Korea
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
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