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Monday, 15 September 14
CHINA'S COAL PROPOSALS LEAVE SOME HOPE FOR EXPORTERS - DAILY NEWS
When the best thing you can say about new policies is that they aren’t as bad as they could have been, then you know your industry is in deep trouble, Daily Times of Pakistan reported its today’s edition.
According to Daily Times, China’s proposed cap on coal consumption and ban on low-quality imports won’t have sparked celebrations among export-focused coal miners, but may have given them some hope that the world’s top importer of the fuel will remain open for business.
The State Council, China’s cabinet, on Tuesday published a draft version of a law to tighten air pollution control by cutting the use of coal, which is used to generate about 80 percent of the nation’s electricity. The draft didn’t spell out exactly what the consumption cap would be, nor the quality standards that would be imposed on imported fuel. However, industry sources say the recommendation from the National Energy Administration is that coal with a sulphur content of more than 0.6 percent and ash content of more than 15 percent be banned, said Daily Times.
The paper further said, what is also interesting to note is that the proposed import ban doesn’t specify heating value, meaning low-calorific coal could still be shipped in as long as it has low ash and sulphur.
At face value, this appears to favour Indonesian producers, whose low-calorific coal meets the ash and sulphur standards, while penalising exports from Australia and South Africa. However, Morgan Stanley analysts, in a Sept. 4 report, said about 39 percent of Australian output may be excluded if the proposal becomes law. While this sounds significant, the report points out that only a small proportion of that 39 percent of output goes to China currently, and there is still plenty of supply from the remaining 61 percent that could meet any shortfall. It’s also likely that Australian and South African producers will waste little time in trying to convince Beijing that banning high calorific coal while still allowing low calorific shipments makes little sense from a pollution perspective. More important for exporters to China will be the overall cap on consumption, which the current five-year plans pegged at 4.1 billion tonnes by next year, said Daily Times of Pakistan.
Assuming this level becomes a permanent cap, the main issue is what action Beijing will take to limit domestic production, which stood at 3.7 billion tonnes in 2013, and is likely to be around this level in 2014 as well.
The Daily Times said, if Chinese domestic output is kept around current levels, or increases slightly, it will still mean plenty of opportunities for imports. However, if the domestic industry is allowed to mine over 4 billion tonnes a year, it’s likely that imports will be squeezed even harder than they are by the current low pricing.
The best case scenario for coal exporters is that the new regulations make some Chinese domestic mines unviable, thereby limiting domestic production, the paper concluded.
Source: Daily News
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Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
Monday, 22 September 14
CFR SOUTH CHINA COAL SWAPS LOST ON DAY, WEEK AND MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 3.10 (-4.50%) month over month and $ 0.95 PT MT week over ...
Monday, 22 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.35 (+0.69%) day on day and lost US$ 0.30 (-0.58%) per mt week on week. ...
Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week.
BDI fell 8.97% week on week and closed BDI at 1075 points on ...
Friday, 19 September 14
U.S. WEEKLY COAL PRODUCTION RELATIVELY FLAT AT +0.1% - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
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- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
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- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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