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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, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
Monday, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...
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- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
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