The Adaro Blog

Climate Promises Can’t Kill Asia’s Coal Addiction
November 4, 2016, 10:37 am
Asia’s demand for coal is likely to increase for years to come even though countries including China, Japan and India have agreed on steps to limit fossil-fuel pollution damaging the climate. That’s the conclusion an analysis of Bloomberg New Energy Finance delivered at its...
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Global carbon intensity falls as coal use declines
November 1, 2016, 10:40 am
The amount of carbon needed to power the global economy fell to record lows in 2015, as coal consumption in major economies plummeted. PricewaterhouseCoopers’ (PwC) annual Low Carbon Economy Index report has found that the global carbon intensity (emissions per unit of GDP) fell by...
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Analysts shave EU carbon price forecasts on lower coal use: Reuters poll
October 28, 2016, 10:43 am
Analysts cut their forecasts for the next two years by 4-5 percent and now expect EU Allowances (EUA) to average 5.39 euros per ton in 2017 and 5.70 euros ton in 2018, according to the poll of eight analysts published on Friday. In August, analysts had forecast prices of 5.59 euros for 2017 and...
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Batubara Memanas Jelang Musim Dingin
October 26, 2016, 10:44 am
JAKARTA. Batubara masih terus melesat setelah mencetak rekor harga baru pekan lalu. Mengutip Bloomberg, Jumat (21/10), harga batubara kontrak pengiriman Desember 2016 di ICE Futures Exchange terbang 3,59% menjadi US$ 93,75 per metrik ton. Dalam sepekan pun harganya berhasil menanjak...
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China Miners Jump as Coal Price Seen Rising on Tight Supply
October 24, 2016, 10:45 am
China’s biggest coal miners jumped on speculation producers won’t be able to boost domestic output fast enough before winter. Coal-fired power generators fell. China Shenhua Energy Co. rose 3.9 percent in Hong Kong trading to close at HK$16.72, the highest since July 2015....
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Indonesia says coal price rally to extend into Q1, boost mining revenues
October 21, 2016, 10:47 am
The current rally in thermal coal prices could extend through to the end of the first quarter of 2017, an Indonesian mining ministry official said on Tuesday, helping cash-strapped miners boost revenues in Southeast Asia’s largest economy. Coal prices sank 70 percent over 2011 and 2015...
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Glencore’s Coal Hedge Gets More Painful as Prices Rally
October 19, 2016, 10:48 am
The rally in thermal coal is taking a bigger bite out of Glencore Plc’s profits after the world’s biggest exporter of the fuel locked in prices prior to the surge. The Swiss company reported a $395 million mark-to-market non-cash loss in the first half on hedges for future sales,...
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Even At $100 For Coal, Asia’s LNG Industry Struggles To Compete
October 17, 2016, 10:49 am
SINGAPORE, Oct 17 (Reuters) – The liquefied natural gas (LNG) sector has watched with joy how thermal coal prices have soared this year, hoping that the unexpected spike would at last make LNG price competitive in Asia. Although much cleaner than coal in terms of pollution and carbon...
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Coal deficit may not go away till 2020
October 14, 2016, 10:50 am
Despite the problem of plenty, India may continue to suffer from deficit in coal requirement due to delays in opening up of commercial mining to private sectors and slow approvals for new state miners, a leading research house has commented. According to a report by BMI Research, an arm of...
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Glencore to hire coal miners as prices rebound on Asia demand
October 12, 2016, 10:51 am
Glencore will hire more than 200 workers at its Collinsville coal mine in Australia after scaling back its payroll earlier this year, amid resurgent demand for coal in Asia, the company said on Tuesday. “We are now seeing increased demand from Southeast Asia for the specific type of coal...
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