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Tuesday, 17 May 16
CHINA THERMAL-POWER OVERSUPPLY TO WORSEN - FITCH
 COALspot.com: The overcapacity in thermal-power generation in China is likely to worsen in 2016 to 2017, Fitch Ratings says in a new report.
Fitch believes China's electricity producers are likely to keep adding thermal-power capacity between now and end-2017 - undeterred by five straight years of sliding utilization rates and despite Beijing's support of facilities that run on cleaner fuels - as falling coal costs and favorable on-grid tariff rates keep profitability high.
According to Fitch, annual fixed-asset investment (FAI) into thermal power sources increased by 1%, 13% and 22% in 2013, 2014 and 2015, respectively. Despite Beijing's recent attempts to curb over-investment, the projects that have started construction are likely to be completed in the next two years.
Fitch expects investment returns in the thermal-power sector to remain generally robust in the short term even though plants are operating at lower utilization rates and on-grid tariffs were cut at end-2015. This is largely because the sector can still enjoys a healthy dark spread - the difference between the on-grid power tariff and unit generation fuel cost - especially after the government revised the coal-electricity linkage pricing mechanism in late 2015.
However in the longer run, severe overcapacity, without tariff controls by the government, could cause competition that hurts returns. Individual independent power producers' performances will start to diverge based on asset quality and location. The extent of thermal-power overcapacity will become clearer when the central government unveils details of the 13th Five-Year Plan (2016-2020) for the sector in 2016 or 2017.
Fitch believes that China will take further measures to rein in investments in the sector.
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Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs ami ...
Thursday, 14 April 16
DRY BULKERS' PRICES COULD BE HEADING UPWARDS AS BUYERS' APPETITE INCREASES - HELLENIC SHIPPING NEWS
Investment sentiment is beginning to trend upwards in the market for second hand dry bulk carriers. According to the latest weekly report from ship ...
Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst ...
Tuesday, 12 April 16
INDONESIA COAL BENCHMARK PRICE INCREASES FOR SECOND STRAIGHT MONTH
COALspot.com: The Indonesia Coal Benchmark Price Increases For Second Straight Month in April 2016.
The Director General of Mine ...
Tuesday, 12 April 16
NO FURTHER SIGNIFICANT COAL PRICE DECLINES IN THE FUTURE - FITCH
COALspot.com: Fitch does not expect further significant coal price declines because producers sector-wide are suffering losses while China and Indo ...
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- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Planning Commission, India
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Edison Trading Spa - Italy
- The University of Queensland
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
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