How energy reforms could impact Mexico's cement industry
This week, we will be taking a look at the proposed Mexican energy reforms and their potential impact on the cement industry. Mexico's president, Andres Manuel Lopez Obrador (AM...
Energy
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Petcoke prices fall while coal sees upward movement
Following on from ICR’s most recent energy report , the price of Brent oil fell to US$78.50. The API2 1Q22 contract edged up to US$129.00 while the API4 1Q22 price increased to ...
Coal sharply lower after Chinese price intervention, petcoke discounts turn negative as petcoke price remains stable
By Frank O. Brannvoll, Brannvoll ApS, Denmark The euro holding tight US$1.15-1.17 trading range in the wider US$1.15-1.20 range. Table 1: Prices at a glance Crude oil (US$/bbl) ...
Petcoke market stable, but coal to see return to normality?
Following on from ICR’s most recent energy report , the coal rally was at an all-time high but is now experiencing a sharp retracement down due to demand destruction and forecas...
Guangdong Tapai Group announces impact of energy regulation plans
China’s Guangdong Tapai Group Co has announced the expected impact on its operations of the local government’s plan to regulate energy consumption in 2021. The energy consumptio...
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 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 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 ...