FOB discounts fall while ARA discounts return to neutral
Coal fell sharply below US$100, due to weak demand and large stocks, on 22 January 2024, while oil hovered around the US$80/bbl mark as freight issues in the Suez Canal and the ...
Coal
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Energy complex continued lower with petcoke seeing new lows and higher discounts
By Frank O. Brannvoll, Brannvoll ApS, Denmark The energy complex fell further in December but recovered by the end of 2023. In geopolitical terms, the Israel-Gaza conflict has s...
Red Sea crisis on Pakistan’s cement industry
Pakistan closely monitors the Red Sea crisis as it could disturb the movement of cement export cargoes to the USA and Europe as well as affect coal imports at Pakistani ports. I...
Afghan coal price surge impacts northern Pakistan cement production costs
A spike in Afghan coal prices has affected the cost of cement production in northern Pakistan. JS Research reports that the northern-based cement companies, which operate 20 of ...
FOB discounts decrease but ARA discounts up
Coal, along with oil fell to US$100 on 21 December 2023, and OPEC+ introduced new cuts to support oil at US$75-80. However, oil rose due to naval attacks in the Red Sea and trou...
Oil pressures energy complex lower despite OPEC+ cuts while petcoke collapses, offering new high discounts towards coal
By Frank O. Brannvoll, Brannvoll ApS, Denmark The energy complex fell in November, with oil leading the way. The Israel-Gaza war continued but still without any contagion – and ...
Coal drops and petcoke-coal discounts fall
By Frank O. Brannvoll, Brannvoll ApS, Denmark The price of coal declined after the Israel-Gaza war premium was taken out and oil also moved down. Petcoke saw downward pressure b...
Fecto Cement Ltd is in discussion to install solar plant
According to AHL Research, Fecto Cement Ltd (FECTC) management held a corporate briefing session on 24 November to discuss the FY22-23 and 1QFY23-24 financial results and future...
Energy complex lower on fading war premium while petcoke discounts fall as coal retraces
By Frank O. Brannvoll, Brannvoll ApS, Denmark The Israel-Gaza situation seems to be contained from spreading and the war premium has quickly faded as no disruptions in any marke...
1QFY23-24 is a good omen for Pakistan’s cement industry
Pakistan’s cement industry saw healthy growth in profit after tax (PAT) between July and September 2023 (1QFY23-24) on the back of a 32 per cent YoY advancement in sales, accord...