Coal rally continues amid high European gas prices
Since ICR’s most recent energy report , the coal rally continues, driven by high prices for gas and CO2 allowances in Europe. Coal prices for the 4Q22 are currently at US$163/t ...
Coal
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Coal rallies to 2009 highs – increased demand for petcoke as discounts widening – oil stable
By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro tested the lower range but remains bound between US$1.17-1.20. Focus on signs of change in the Fed or ECB’s interest polic...
The increasing trend in coal prices may hit Pakistan’s cement industry
Pakistan’s top cement manufacturers termed the growing trend in coal prices detrimental to the county's cement industry. Its negative impact may dent the cement companies' profi...
Coal handling capacity to increase at Port Qasim
To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qas...
Coal rally reaches 2011 highs while petcoke discounts up to 37%
By Brannvoll Aps, Denmark Following on from ICR’s most recent energy report , the coal rally has now reached levels comparable the highs of 2011, leading to more supply distorti...
Sharp coal rally drives petcoke higher to widen discounts – new demand fears and OPEC+ agreement sent oil falling
By Brannvoll Aps, Denmark The euro is seen in the US$1.17-1.20 range with the US infrastructure package expected to support the dollar in the short-term. As forecast, inflation ...
Pakistan cement producers looking at Afghanistan for coal
Due to a spike in the price of coal imported from overseas countries, cement companies in Pakistan are considering the import of coal from Afghanistan. “Afghan coal is cheaper c...
CAC supports Ontario's plan to phase out coal use
The Cement Association of Canada (CAC) has applauded the Honourable Doug Ford, Premier of Ontario, and the Honourable Jeff Yurek, Minister of the Environment, Conservation and P...
APCMA appeals for expeditious handling of imported coal
Pakistan's cement manufacturers have appealed to the Prime Minister of Pakistan, Imran Khan, the Minister for Industries and Production, Hammad Azhar, and the Minister for Marit...
CemProspects considers important energy markets
After moving online this year, CemProspects 2020 began yesterday by looking at energy markets of importance to the cement sector. The first day of the session provided a conside...