We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 24 July 15
THE IMPACT OF COLLAPSING CHINESE COAL IMPORTS - CLARKSONS
 Global seaborne coal trade is currently projected to drop 1% y-o-y in 2015, which would be the first annual decline in almost three decades. The driving force behind the slump has been a collapse in Chinese seaborne coal imports, which fell 40% y-o-y in the first five months of the year. This month’s Commodity Countdown explores the cause and implications of the drop in Chinese coal import demand.
Global seaborne coal trade is currently projected to drop 1% y-o-y in 2015, which would be the first annual decline in almost three decades. The driving force behind the slump has been a collapse in Chinese seaborne coal imports, which fell 40% y-o-y in the first five months of the year. This month’s Commodity Countdown explores the cause and implications of the drop in Chinese coal import demand.
The Hoover Losing Suction
China’s role in recent global coal trade has been to hoover up coal output and provide a seemingly bottomless source of demand to exporters around the world. Chinese imports accounted for a quarter of growth in seaborne coal trade in 2012 and 65% in 2013. However, as the graph shows, the country’s coal import demand has been in steady decline since the beginning of 2014 and with the acceleration of the downturn in the first half of 2015, China is likely to lose its leading position, while global seaborne coal trade is expected to record its first decline in decades.
The Prognosis
The majority of coal consumed in China is sourced domestically, meaning that even a small change in the country’s coal use can impact heavily on seaborne imports. With that in mind, Chinese coal fired power generation dropped 3% y-o-y in the first five months of 2015 on the back of the government’s measures to tackle air pollution. There have been a number of power plant closures in recent months, while Chinese importers became increasingly particular about their coal purchases, due to the introduction of a series of coal quality regulations. Correspondingly, Chinese thermal coal imports dropped 39% y-o-y in January to May to the lowest level for the period since 2011. Similarly, coking coal imports dropped 41% y-o-y in January to May, coinciding with the 1.3% y-o-y drop in steel production in 1H 2015. The drop has been largely attributed to easing infrastructure development and sluggish construction activity.
The Impact On Exporters
As China’s coal imports from seaborne suppliers have dropped across the board in the year to date, coal miners have been put under severe financial pressure. Indonesian miners have taken a particularly severe blow, with a large number forced to cut output. Total Indonesian coal production dropped 19% y-o-y in January to May, while shipments to China halved y-o-y. Elsewhere, while Australian miners are likely to benefit modestly from a free trade agreement signed in June, forecasts still indicate a difficult remainder of the year, following the 15% y-o-y drop in exports to China in January to May. Finally, while India is on course to become the leading seaborne coal importer in 2015, it is likely to fall considerably short of filling the demand gap left by China. As such, the impact of collapsing Chinese coal import demand on global coal trade is likely to be significant.
Source: Clarksons | Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 04 September 15
GOVERNORS WILL HAVE THE POWER TO REVOKE MINERS' PERMITS: ENERGY MINISTRY - JG
Starting Oct. 1, Indonesia's governors will lawfully become "executors" in revoking the licenses of miners that fail to secure a &quo ...
Thursday, 03 September 15
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO REVISE HBA METHODOLOGY
COALspot.com: Ministry of Energy and Mineral Resources (ESDM) in process to revise Indonesian Coal Price Reference (HBA) and expected to complete b ...
Thursday, 03 September 15
THE CHINESE STOCK MARKET AND THE CHINESE ECONOMY CONTINUE TO SUBSTANTIALLY AFFECT TRADING - INTERMODAL
The last week of the summer season saw the BDI dipping further on the back of another significant drop in rates for Capes, which brought the market ...
Wednesday, 02 September 15
PORT OF NEWCASTLE SHIPPED 13.46 MMT OF COAL IN JULY; UP 0.66 PER CENT M-O-M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.224 billi ...
Wednesday, 02 September 15
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
In the beginning of the summer period SnP activity was firm with numerous buyers, coming mainly from Greece and the Far East, inspecting ships and ...
|
|
|
Showing 2836 to 2840 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- White Energy Company Limited
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- The University of Queensland
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
|
| |
| |
|
