We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
 CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
A 26-million-kilowatt power shortage is expected during peak periods in the coming winter and spring, said Tan Rongyao, chief supervisor of the State Electricity Regulatory Commission.
The power squeeze situation will be grim, especially in Guangxi Zhuang autonomous region and the provinces of Guangdong, Guizhou, Yunnan and Hunan, Tan said.
The country's recent moves to support small and medium-sized enterprises will increase power demands because of resumed production, which will then push up demand for coal, said Xing Lei, a professor at the Institute of China Coal Economy of the Beijing-based Central University of Finance and Economics.
The continuing rises in coal prices and the supply shortage will make the situation even worse as coal is China's cornerstone of power generation, analysts said. About four-fifths of China's electricity comes from thermal power plants.
However, the current coal output is not enough to support the growing appetite for power in the world's second largest economy, and the supply strain may worsen in the future, said Zhang Lizi, principal assistant of North China Electric Power University.
Power shortages have been a persistent headache for China. In 2008, many southern provinces were hit by the worst power crunch in five years, with these regions' power-generating capacity going underutilized due to the coal shortage and soaring prices.
Li Chaolin, an industry analyst, expects the country's coal prices to hit the highest level since 2008 in the coming winter because of the supply shortage.
By Oct. 26, the average price of thermal coal rose 14 percent from a year earlier to a record high of 853 yuan (134.33 U.S. dollars) per tonne following eight consecutive weeks of increases, according to the Bohai Rim Steam Coal Price Index, China's government-run coal price gauge.
The expectation of a coal supply shortage and surging demand will further push up prices, Zhang said.
"The vicious circle, if left unchecked, will hurt the country's economic development," she said.
Meanwhile, higher coal prices increase power generators' financial pressures, making them reluctant to boost production because of the widening gap between the government-set electricity price and the market-oriented coal price, Li said.
Analysts have long called for a reform in the mechanism distortion, which they cite as the major reason for repeated power crunches in the country.
Zhang also advised the government to promote energy-efficiency and industrial structure readjustment to ease power demand growth while boosting supplies by stepping up coal imports.
As the world's largest coal consumer, China consumed 2.28 billion tonnes of coal in the first nine months of this year, up 10.3 percent year-on-year.
It has become a net importer of coal in the first nine months, with a net import of 111 million tonnes. In September alone, the country imported 19.12 million tonnes of coal, up 25.1 percent year-on-year.
Source: CRIENGLISH
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
Wednesday, 14 October 20
MARKET INSIGHT - INTERMODAL
The tanker market has experienced severe freight rate and asset value declines over the past 5 months. A potential market upturn may arise in the c ...
Friday, 09 October 20
INDIA'S COAL IMPORTS IMPROVE SOMEWHAT, BUT RECOVERY IS UNEVEN - REUTERS
India’s coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick – shipmen ...
Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
China's coal imports boomed in 2019, surprising many who had expected the government would clamp down strictly on shipments.
...
Thursday, 08 October 20
GLIMMER OF LIGHT FOR COAL, BUT SHORT TERM - FNARENA
Is coal on the rebound? Demand appears stronger and supply reductions have underpinned a tightening market. Certainly, the Newcastle thermal coal p ...
|
|
|
Showing 761 to 765 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
|
| |
| |
|
