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Tuesday, 20 December 16
TURNAROUND IN CHINESE ECONOMY HAS INTENSIFIED RECENTLY, SAYS COMMODORE RESEARCH
 According to the most recent Weekly China Report published by Commodore Research, it has remained encouraging that the turnaround in China’s economy has intensified recently. Particularly important to Commodore Research is that Chinese steel output growth last month rose to the highest level seen this year, Chinese spending set a record in October and was very strong again last month, and Chinese electricity production growth has remained at a robust level since July. China's overall industrial production growth has also stayed strong, as Chinese industrial production grew year-on-year in November by 6.2%.
The strong growth in China's industrial production has continued to represent a particularly stark contrast from many other nations including the United States and even India. According to Commodore Research, each of the last fifteen months have seen US industrial production contract on a year-on-year basis. Most recently in November, US industrial production contracted year-on-year by 0.6%. Prior to this current fifteen-month period, the last time there were even two straight months of year-on-year US industrial production contraction was back in 2009.
Indian industrial production data for October was also released last week (Indian data lags behind Chinese and American data), and October saw India’s industrial production contract year-on-year by 1.9%. Indian industrial production has now contracted on a year-on-year basis during three out of the last four months. Overall, industrial production remains just one area where China continues to fare a great deal better than much of the rest of the world. As highlighted in Commodore Research's December 12th Weekly China Report, China has continued to maintain its overall dominance in both global trade and foreign exchange reserves as well.
China remains one of only two nations holding foreign exchange reserves totaling $1 trillion or greater (Japan is the other nation and currently holds only approximately $1.2 trillion in foreign exchange reserves). Chinese trade also continues to come in at an impressive surplus, and most recently its trade surplus totaled approximately $44.6 billion in November. To put Chinese trade into perspective, many nations (including the United States and India) have not achieved a trade surplus in any month this decade accord to analysis from Commodore Research.
Heading into the new year, it is very encouraging that the turnaround in China's economy has continued to intensify recently. The 5% year-on-year growth in China's steel output last month marked the strongest growth seen this year. Chinese spending has also broken through the 3 trillion yuan barrier in each of the last two months. In addition, China's year-on-year electricity production growth has come in at least 8% during each of the last five months, which marks a huge change from low growth seen in late 2015 and early this year. Three out of the last four months of 2015 did not see any year-on-year growth in China's electricity production and January and February only saw year-on-year growth of just 2%.
Going forward, Commodore Research anticipate that's Chinese lending will stay very strong next year, and that more records in consumer spending will be set. Recently released data showed Chinese consumer spending totaled approximately 3.1 trillion yuan in November, which marked only the second time in history that spending climbed to 3 trillion yuan or higher (the first time was in October). Overall, it is encouraging that each of the last two months have seen China’s consumer spending exceed 3 trillion yuan. The outlook for the Chinese economy next year remains very encouraging, especially in comparison with much of the rest of the world.
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
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Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- White Energy Company Limited
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