Podcasts about thermal coal

TK's back to talk about: "Santa Claus" rallies, a Pulled pork on Resimac RMC, and using an ATR stop loss. In our club episode, we're also talking about how to score N/A on Health Stable or Increasing, and What I Learned About Investing from Darwin by Pulak Prasad, WHC & Thermal Coal, Skill Compensation, Dogs of the Dow, and the proposed Woodside/Santos merger.

Coal Trading with Hayn Park Coal demand reached an all-time peak in 2022. Prices reached levels not seen for over a decade. China is permitting two new coal fired power plants a week and Germany is burning lignite to meet its power demand. Traders reaped huge rewards trying to connect a fragile, disrupted, supply chain. As the world strives for the energy transition, removing coal from our power mix is vital. Financiers and public companies have made firm commitments to this. This has pushed the coal supply chain into ever more private hands and into a more opaque and volatile arena. What is the coal market? What is its structure? How is it traded? And where is it headed. Our guest is Hayn Park, head of European energy trading at DRW and a veteran energy trader. 

Portfolio benchmarking, RBA interest rate rise, Thermal Coal sell line, JHG dividend, what to do when you R1 a stock that's on top of the buy list (IMA), Wheat price on the rise, new Berkshire book, SUL trading update, WHC - MOAB Away, The FAANG index, Oil and Copper are a buy, what about Aluminium, MQG Results are in, Pulled Pork GNG, DRP vs DSSP

Australia's largest thermal coal mine looks set to close by the end of the decade as mining giant BHP shifts away from the fossil fuel. The company has confirmed it will apply to close the Mount Athur mine in the New South Wales Hunter Valley, which it previously hoped to keep open until 20-45.

Yesterday, the ASX200 fell about 46 points in a volatile session. Real Estate shares rebounded, while Materials dropped the most. Goodman Group (ASX:GMG) advanced 5.6%, after a positive trading update. Whitehaven Coal (ASX:WHC) was the worst performer. Its shares fell alongside the price of Chinese thermal coal. In New York overnight, the three major benchmarks closed at a record for the third session in a row. Investors are waiting on a key Federal Reserve decision. Following US equities, the SPI futures are suggesting the Aussie share market will rise 0.97% at the open. What to watch today:In economic news, yesterday, the RBA held the cash rate at its record 0.10%. The RBA also discontinued its monetary policy measures, its yield curve control, and they will drop the 10-point target on the 3-year bond, expiring 2024. Services PMI was released this morning for October, increasing to 52 from 45.5 in September. This indicates a return to expansion, after three months of contraction due to lockdown restrictions. AGMs today include Domino's Pizza (ASX:DMP), Worley (ASX:WOR), Cedar Woods Property (ASX:CWP) and Tyro Payments (ASX:TYR). The most traded stocks by Bell Direct clients yesterday were Westpac (ASX:WBC) and Commonwealth Bank of Australia (ASX:CBA), as financials fell, and investors took profits. Iron ore declined overnight, with BHP and Rio Tinto closing lower in both London and New York. Expect ASX-listed BHP and RIO to follow. The seaborne iron ore price is currently trading more than 3% lower at US$99. Oil is also trading lower as markets await OPEC's meeting. Spot gold is trading lower, below $1,790 amid a weaker dollar. And the coal price has tumbled 6%, as China aims to boost coal production.  Trading ideas:Bell Potter have upgraded software design company Altium (ASX:ALU) from a HOLD to a BUY and have increased their price target by 31% to $42.50, taking into account earnings changes as well as market movements and time creep. ALU closed yesterday at $37.33, implying 13.8% share price growth in a year. Bullish charting signals have been identified in Evolve Education Group (ASX:EVO), Aristocrat Leisure (ALL) and Australian Strategic Materials (ASX:ASM), according to Trading Central.   

Anglo Pacific Group PLC (LSE:APF, TSX:APY, OTC:AGPIF) Chief Executive Julian Treger catches up with Proactive's Katie Pilbeam to talk about selling their 1% gross revenue royalty over the Narrabri mine in Australia to the operator, Whitehaven Coal Limited (ASX:WHC). The deal is for up to US$36mln (£26mln), marking its exit from thermal coal. The sale improves the group's carbon footprint with a remaining portfolio of assets now increasingly weighted towards cobalt, vanadium, copper and nickel - commodities which will be essential to decarbonise energy generation in the years ahead, it said. Anglo Pacific will receive fixed payments totalling US$21.6mln, along with contingent payments which could generate a further US$14mln.

Thermal Coal miners experiencing record prices Westpac's shock $1.3 billion writedown AGM season See omnystudio.com/listener for privacy information.

The Aussie market is eyeing a lift of 0.7% if you go by the futures. But the market will be mulling over travel and tourism stocks as Brisbane bunkers into a three day snap lockdown. What to watch today:Profit reshuffles ahead of the quarter ending tomorrow – expect profit taking in stocks that have had a good rally like banks, travel and tourism stocks. While tech stocks could rally as fund managers attempt to bring their portfolio and asset allocations back into line.  AGL (ASX:AGL) announced it will split its business into two - one entity which it's calling New AGL will create low carbon energy powering 30% of Australia's households. The other entity PrimeCo will provide 20% of the nation's energy into the grid via its thermal coal. Commonwealth Bank (ASX:CBA) is due to pay out $1.50 per share in dividends today, that's worth about $2.6 billion. Other large dividends getting paid out today are by Insurance Australia (ASX: IAG) and Northern Star (ASX:NST). Oil stocks will likely see a bit of price action today as Oil rose 1% ahead of an OPEC meeting, with production cuts expected - which supports the price of oil moving higher. As for other most traded stocks from yesterday at our active trader desk, Bell Direct Advantage they were: Fortescue Metals (ASX:FMG), Golden Mile (ASX:G88) and West Wits Mining (ASX:WWI). Trading ideas:UBS upgraded online beauty retailer Adore Beauty Group (ASX:ABY) from a Hold to a Buy with a $6.20 target. ABY recently delivered a strong maiden result earnings (EBITDA) up 26%, which was ahead of UBS estimates.Car dealership company Eagers Automotive (ASX:APE) was also given a turnaround upgrade with Bell Potter moving it from a Hold to a Buy with a $15.50 target. Bell Potter sees APE's earnings per share growing 10% thanks to the sale of its truck business. Bell Potter upgraded tech athlete management business Catapult Group (ASX:CAT) from a Hold to a Buy, rising its target to $2.25.BetMakers Technology (ASX:BET), Secos Group (ASX:SES) and Pointsbet Holdings (ASX:PBH) are giving off bullish charting signals according to Trading Central. 

While iron ore underpinned BHP's $12.6 billion profit, it's coal assets attracted most of the attention after The Big Australian said it intends to divest its thermal coal assets. BHP Chief Financial Officer Peter Beaven joins Brooke Corte. See omnystudio.com/policies/listener for privacy information.

The decision sits against a backdrop of this year's moves by some of the world's biggest fund managers to divest from businesses with fossil fuel exposure.

Australia's second largest superannuation fund says it's toughening its stance on climate change and is vowing to reduce its exposure to thermal coal.

S&P Global Platts global thermal coal experts Deepak Kannan, Fred Wang and Sarah Matthews discuss key developments driving coal demand in the South Asian region, specifically in Bangladesh and Pakistan, and explain how Platts new assessments shed light on the price impact and supply-demand fundamentals in the region.

S&P Global Platts Asia thermal coal team Deepak Kannan, Fred Wang and Jenny Ma discuss key developments in Northeast and Southeast Asia region amid the coronavirus pandemic, while Platts Analytics analyst Matthew Boyle gives a peek into the outlook for coal demand and supply-demand fundamentals for the rest of 2020.

Global commodity markets have been hit by a combination of the oil price war and the coronavirus pandemic, and European wheat is no exception. Robert Beaman talks to senior grains editor Alexandre Bobylov about how the French and Black Sea Wheat markets are reacting, while Piero Carello looks at...

Clean energy resource capacity in PJM Interconnection states has been increasing in recent years, often spurred by state programs that provide financial support. However, other market participants who do not receive state-level subsidies complained to federal regulators that subsidized resource...

S&P Global Platts editor Eric Yep and pricing specialists Fred Wang and Srijan Kanoi examine the impact of the novel coronavirus, COVID-19, on China's coal and LNG markets, and take a look at potential demand centers that could absorb existing supplies in the market.

Hydrogen is seen across all sectors of the economy, from transportation to industry, power generation and domestic heat, as a potential decarbonisation tool. Huge questions remain about the cost and route to market of low and zero carbon H2 production, and whether governments and industry are...

Brazil, the largest fuel consumer in South America, has been going through many changes in fuel consumption and pricing dynamics. Since state-led oil company Petrobras started to follow the international price parity reference for gasoline and diesel, E100 hydrous ethanol consumption has started to...

A new decade is bringing new challenges for US power markets. The renewables buildout continues to disrupt the market in ways never seen before, mild winter weather and very weak natural gas prices have depressed power prices, and the PG&E situation is ever evolving. Kassia Micek, Mark Watson...

In light of the proposed Green Deal to make Europe carbon neutral by 2050, it is clear that the energy transition is on the forefront of policymakers’ minds. Roman Kramarchuk and Dan Klein of S&P Global Platts Analytics put the European energy transition into a global context, and the...

January 28 marks the one-year anniversary of sanctions imposed by the US Department of Treasury on Venezuela's state-run oil producer, PDVSA, which has been translated as a de facto ban on Venezuelan crude exports to the US market. Since then, PDVSA has seen a deterioration of its oil industry and...

S&P Global Platts senior natural gas writer Harry Weber and S&P Global Market Intelligence natural gas reporter Corey Paul discuss with Platts head of Americas gas news Joe Fisher the outlook for US LNG export projects following the initial trade agreement that the US and China signed...

An initial trade agreement between the US and China signed by officials from both countries January 15 could change the landscape for commodities markets that have been roiled by punishing tit-for-tat tariffs over the last 18 months. The latest installment of the S&P Global Platts Commodities...

Pressure on plummeting coal prices could cascade throughout 2020 as unprecedented events within the wider energy markets have helped the energy mix to connect like never before. Platts reporters Antoine Simon, Joseph Clarke and Amanda Flint discuss with Sarah Matthews where this year could lead in...

The consortium of ExxonMobil, Hess and China's CNOOC recently announced that first oil was being produced from Guyana's offshore. Starr Spencer, S&P Global Platts senior editor for oil news, talks with Laura Huchzermeyer, Platts managing editor of Americas crude markets, about the news from...

As more US municipalities set ambitious goals to cut greenhouse gas emissions from power generation, transportation and other sectors, use cases for hydrogen are emerging that include fuel cells, direct burning in gas-fired turbines and energy storage applications. With these trends in mind,...

Kia ora,and welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead news economic activity in China has perked up but that trend is not evident in the West.But first, with the opening of Wall Street, trade propaganda is in full swing with the American claiming it will "double US exports to China" while the Chinese are much more modest about how much they will import. Although Wall Street isn't buying the Washington hype, it does see positives in the deal for a number of companies and the S&P500 is up +0.9% in mid-day trade.On the ground in the real economy, little has changed with the latest December PMIs unchanged at modest levels for both factories (52.5) and services (52.2). But at least they both show small expansions. The latest regional Fed survey for the industrial Northeast paints the same tame, minor expansion picture.The situation is a little better in China, where industrial production was unexpectedly strong in November, up +6.2% from the same month a year ago and above the +5.6% average over the past year. Similarly, retail sales in November were strong, up +8.0% and at the expected level but that was much higher than the levels over the last four or so months. To keep that going, they have imported +8.5% more thermal coal and generated +4.0% more electricity.The Shanghai equities market followed up its big Friday jump with another +0.6% gain yesterday. For the two days, that is a +2.4% jump on the trade deal news.And still in China, new home prices grew at their slowest pace in nearly two years in November after regulatory tightening continuing to cool the market. [Advert]With Hatch, anyone can invest in the US share markets.Billionaire Warren Buffett says investors should stick to areas they know, so it’s no surprise that Kiwis are backing technology companies through our investing platform. Companies like Nvidia, Apple, Amazon, Netflix, Disney and Tesla regularly feature as our most popular shares. Visit www.hatch.as/investing to buy any of these US-listed shares and learn more. In Canada, their housing market is perking up again, with sales volumes up more than +11% than in November 2018. Vancouver and Toronto led the way.In Europe, their malaise continues with their December PMIs very lackluster. Factories are contracting and services are expanding, but neither is far from stagnation. Things are much better in France than Germany or the UK and it is these latter two who drag the EU results down.In Australia, their Federal Government has blamed "the effects of drought and bushfires" and "weak momentum in the global economy" for a revision that has knocked about -AU$2 bln off their earlier +AU$7 bln forecast surplus this financial year. The business lobby is turning against the Government there, as mediocre conditions drag on, and key policy reforms get delayed.The UST 10yr yield is at 1.89% and up +7 bps since this time yesterday. Gold is at US$1,474/oz and down -US$2 overnight.US oil prices are little-changed at just on US$60/bbl and the Brent benchmark is still just at US$65/bbl.The Kiwi dollar will start today little-changed at just under 66 USc. On the cross rates we are softish at 95.8 AUc. Against the euro we are little-changed at 59.2 euro cents. That puts our TWI-5 at just on 70.9. We should also note that the Chinese let their currency strengthen markedly overnight to now just under seven to the US dollar, its biggest one-day move up since February when they last thought they had a deal with the US.Bitcoin is now at US$7,086 and unchanged since this time yesterday.You can find links to the articles mentioned today in our show notes.Get more news affecting the economy in New Zealand from interest.co.nz and subscribe to receive this podcast in your favourite podcast app - we're on Apple Podcasts, Google Podcasts, Spotify or subscribe on our website.Tell your friends and leave us a review - we welcome feedback from listeners.

In the final Shipping Commodities Focus podcast of 2019, S&P Global Platts editors George Griffiths and Sam Eckett discuss the state of the markets ahead of IMO 2020’s January 1 deadline. They review the inaugural Platts European Shipping Seminar in Athens; how the Kübler-Ross model...

With record-high production and unprecedented exposure to global markets through exports, US natural gas markets are in many ways heading into uncharted territory this winter. S&P Global Platts Americas natural gas manager Ryan Ouwerkerk speaks with senior gas pricing specialists Veda...

Two consecutive campaigns of lower sugar production and trade deficits are forecast in the European sugar market. EMEA agriculture pricing lead Robert Beaman, global market development manager Piero Carello and sugar editor Thomas Wigglesworth discuss, in the latest S&P Global Platts...

What's in store for 2020? As 2019’s heavy turnaround season at all main European petrochemical cracker units came to an end, ethylene supplies returned to a progressively weakening derivatives market. Styrene monomer in particular has been significantly affected and set to remain bearish for...

In today’s Commodities Focus podcast, join EMEA agriculture pricing lead Robert Beaman, oilseeds editor George Duke and global market development manager Piero Carello as they discuss how the global vegetable oil complex is pressuring sunflower oil prices upwards, despite the bumper sunflower...

In today’s Commodities Focus podcast, steel pricing analysts Viral Shah and Pascal Dick speak to Shan Islam, head of ferrous trading at Amalgamated Metals Trading (AMT) about the growing market interest in scrap and rebar futures contracts traded on the London Metal Exchange. The team discuss...

S&P Global Platts senior natural gas writer Harry Weber and S&P Global Market Intelligence natural gas reporter Corey Paul discuss with Platts head of Americas gas news Joe Fisher the outlook for US LNG export growth in 2020, which projects will advance, which ones remain on the bubble, and...

The Gas Exporting Countries Forum (GECF) is holding its fifth heads-of-state summit in Malabo, Equatorial Guinea, next week with gas heavyweights such as Russia, Iran and Qatar set to discuss the state of the global gas market. With gas prices still low across the world and an oversupplied LNG...

The International Energy Agency has released its latest annual long-term energy outlook in which US shale gets a major resource uplift, shifting the oil market dynamic over the coming decades. S&P Global Platts editor Nick Coleman and Market Intelligence editor Peter Marrin join Robert Perkins...

Platts Shipping editors Sam Eckett and George Griffiths interview Alexis Rodriguez on environmental initiatives by the Panama Canal ahead of IMO 2020. In a wide-ranging conversation, they discuss new rules prohibiting the use of marine distillate fuels in canal waters; traffic impacts of the...

The energy transition has become an increasingly important driver of energy and commodity markets, as power generation undergoes a profound transformation across the globe. In this podcast, Bruno Brunetti, S&P Global Platts head of global power planning, analytics; and Morris Greenberg, senior...

London-based editors Jeffrey McDonald, Sarah Matthews and Joseph Clarke discuss the mood of key sectors within the Atlantic basin thermal coal markets amid cheap gas prices and tumbling demand from Europe and the Mediterranean. The mood is bearish, especially for US and Colombian producers. Russian...

Ethanol has been at the forefront of the discussions at Sugar Week in Sao Paulo. The ethanol story will most probably remain bullish, with the renewable fuel accounting for more than 45% of Brazil’s total gasoline pool since 2018 and the launch of the RenovaBio program in 2020. The...

FERC Chairman Neil Chatterjee launched the EnVision Forum in his home state of Kentucky on October 21. The daylong event drew a diverse crowd of power and natural gas stakeholders, including CEOs, utility regulators, consumer advocates and landowners, to discuss challenges posed by the changing...

The middle distillate complex in Asia is expected to maintain a firm footing in the fourth quarter amid looming supply concerns despite Saudi Arabia's full restoration on all of its crude oil production following the September 14 attacks. Industry sources in the bull camp also anticipate rising...

In today’s Commodities Focus podcast, steel pricing analysts Len Griffin and Viral Shah speak to lead news editor Annalisa Villa about the European steel market after the World Steel Association released its outlook for 2019, which revises global steel growth significantly upwards, with...

With domestic steel prices at three-year lows, India's steelmakers are hoping the government's efforts to boost liquidity and investment will stimulate demand. If not, will Indian steel exports increase and how will they fare in an overcrowded Asian market? S&P Global Platts Asian Steel Markets...

The energy transition has become the key talking point among energy and commodity market participants, marking what seems to be the beginning of a paradigm shift in power generation. And who better than S&P Global Platts experts in Global Power to analyse key drivers such as policy, the...

As the annual Oil & Money conference marks its 40th year, the high-profile London event reflects an industry grappling with transition as concerns over the perils of fossil fuels grow more acute. The New York Times has dropped its long-running sponsorship of the event and, in a nod to greener...

S&P Global Platts shipping editors George Griffiths and Sam Eckett look at the alternative marine fuels debate, ahead of IMO 2020’s January 1st deadline. They are joined by Managing Editor for Freight Alex Younevitch, and discuss the ASBA Cargo Conference in Miami, nuclear power’s...

With another year of strong wheat production now hitting the grain silos, the latest S&P Global Platts Commodities Focus podcast discusses developments in two key exporters: Russia and Ukraine. EMEA agriculture pricing lead Robert Beaman discusses the latest production trends with grains...

The last quarter of the year is seasonally weak for Asian gasoline, but the attacks on Saudi Arabia's oil facilities are proving to be largely supportive of the market. S&P Global Platts editors Mark Tan and Wendy Cheong share insights on the region's gasoline supply and the factors that could...

S&P Global Platts pricing specialists Kelli Ainsworth, Arsalan Syed and Olivia Kalb discuss the interplay between natural gas, coal and power pricing in the US Midwest with Amy Gasca, pricing manager, North American power.