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Tuesday, 01 July 14
INDIAN POWER PLANT COAL STOCKPILES VERY LOW
COALspot.com: According to today's Weekly Dry Bulk Report published by Commodore Research, Indian power plant coal stockpiles have now fallen to approximately 12.9 million tons. This is the lowest amount of coal stockpiled since February 2013 and is 7.4 million tons (-35%) less than was stockpiled a year ago. Commodore Research monitors Indian power plant coal stockpiles on daily basis and predicts that Indian coal imports are poised to surge even further during the months ahead (a precise estimate is featured in today's Commodore Research Weekly Dry Bulk Report).
Low power plant coal stockpiles in India are becoming a big issue, and local officials in India are stating that a greater number of power shortages are expected to occur in the near term. India’s larger cities, of course, are faring the best whereas access to electricity is concerned but longer power cuts are being reported in rural India and many small cities. Commodore Research believes that India’s newly elected government is determined to avoid severe power blackouts like the ones that occurred in July 2012.
On July 30, 2012, India had an extremely large power shortage that reportedly affected as many as 300 million citizens. July 31, 2012 saw a second (even larger) electricity shortage that reportedly affected as many as 620 million citizens. These shortages were well documented by the global media and led to a great deal of embarrassment by the Indian government (as well as hardship for Indian citizens).
The following year in 2013, the Indian government was determined to avoid severe blackouts which is why stockpiles were largely kept above 20 million tons during April 2013 all the way through the very end of September 2013. At present, however, India's power plant coal stockpiles stand at only million tons which is why Commodore Research is predicting an upcoming surge in Indian coal imports. India is also experiencing a less active rainy season this year, which is limiting hydropower production.
As a result, Commodore Research anticipates than an even greater proportion of thermal coal derived-electricity production is likely to be needed during the upcoming months to produce enough electricity to meet demand. Going forward, Indian coal imports are likely to find greater support.
By: Jeffrey Landsberg | Commodore Research & Consultancy
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Wednesday, 02 July 14
THE PANAMAX MARKET CONTINUED TO BLEED FOR ANOTHER WEEK - INTERMODAL
COALspot.com: The Dry Bulk market succumbed to mounting pressure this past week, while the Capesize market proved unable to “save the day&rdq ...
Wednesday, 02 July 14
HANDY BULKERS PROVE TO BE THE MOST SOUGHT AFTER VESSELS OVER THE PAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The Handy dry bulker proved to be the most sought after ship by ship owners active in the second hand market, which saw a slight decline in terms o ...
Wednesday, 02 July 14
SHIPPING: MARKET INSIGHT - GEORGE DERMATIS
After 6 months, 57 ministerial meetings and 67 political agreements, the journey of the Greek Presidency in the EU reached its end yesterday; only ...
Monday, 30 June 14
SUB-BIT FOB INDONESIA COAL PRICES ARE STILL STRUGGLING TO RECOVER
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
Monday, 30 June 14
WEEKLY CFR SOUTH CHINA COAL SWAPS DECLINE CONTINUES; Q1'15 LOST US$ 4.55 PMT IN A WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 fell US$ 5.25 month on month on Friday, dipping under $69 a tone. The CFR South Ch ...
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- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Planning Commission, India
- Marubeni Corporation - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- The University of Queensland
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
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