We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 21 June 18
CHINESE REDUCED COAL IMPORT RESTRICTIONS - CAIXIN GLOBAL
Caixin Global reported that the Chinese government has reduced restrictions on coal imports at the nation’s major ports in response to concerns about higher prices and regional power shortages, as demand for electricity jumps during the peak summer months.
Limits on how quickly customs ports can process coal imports were eased, with ports in Shandong, Fujian and Guangzhou provinces having accelerated their clearance times to 10 days from 15 working days, according to industry platform Coal Lakes. Other ports across the country have also been told to prioritize handling coal for power generation.
China’s port inventories are well-stocked and coal plants are well-prepared for the extra demand as air conditioners whir into action across the country, according to Zhang Zhibin, an analyst with COSCO Coal. Nevertheless, the National Development and Reform Council has already warned that some areas may suffer power shortages, with provincial bodies in economic powerhouse provinces Guangdong and Shandong announcing they are already under strain due to an unusually warm May.
The country’s electricity demand increased significantly in early 2018, with 2.66 trillion kilowatt-hours consumed from January through May, an increase of 9.75% compared to the same period last year. Coal consumption at China’s six biggest power generators in the country’s southeast reached its second-highest level in history last month, when they burned through 724,000 tons a day. The six include China Guodian Corp. and Guangdong Yudean Group Co. Ltd., and are often used as a benchmark for the country’s coal industry.
The increased demand resulted in unusually high spot coal prices in May, leading the NDRC to make its first direct intervention in the market in two years. The agency ordered utilities to stop stockpiling thermal coal and told miners to increase production by 50%.
NDRC’s intervention initially pushed down prices, but demand continued to rise into June, causing prices to rebound. At the northern port of Qinhuangdao, one of China’s two major coal import points, seaborne thermal coal prices reached 698 yuan (USD 108.40) a ton on June 15, up 8.44% from a week earlier. Despite their recent rapid rise, prices have peaked, argued Zeng Hao, the deputy general manager of consultancy Fenwei Information Services Co, Ltd, due to the lack of any new factors that would push prices higher in the months ahead.
China’s coal-power generation companies are expecting to see a continuation of their strong performance in the first half of this year during the summer months. Power giant China Shenhua Energy Co Ltd said that coal sales in April reached 42.8 million tons, an increase of over 20% compared to the same period last year. China’s total energy sales were up 10% year-on-year in April, with electricity sales rising 11% in the January-to-April period compared to a year earlier. Datong Coal Mine Group Co, Ltd. and Shanxi Coking Coal Group Co Ltd also said they expect higher profits compared to the same period last year.
Analysts appeared unconcerned about the impact of the US-China trade conflict on the domestic coal market. Ms Shirley Zhang, an analyst at consultancy Wood Mackenzie said that “Taking into consideration the higher cost of freight, US coal was never a cost-competitive supplier to China on a delivered-quality-adjusted basis.“
Source:Caixin Global
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 21 June 18
ROBUST ASIAN THERMAL COAL DEMAND CREATES OPPORTUNITIES FOR AUSTRALIA - MINERALS COUNCIL OF AUSTRALIA
Minerals Council of Australia reported, Australia’s world-class coal mining industry can create more jobs in Australia and strengthen t ...
Thursday, 21 June 18
INDIAN GOVERNMENT ADMITS COAL SHORTAGE, ASKS DISCOMS TO IMPORT - TIMES OF INDIA
Times of India reported that the power ministry has advised all state governments and private power distribution companies to import coal as Coal I ...
Tuesday, 19 June 18
WCA RESPONDS TO BP STATISTICAL REVIEW OF WORLD ENERGY 2018
Responding to BP’s Statistical Review of World Energy 2018, Benjamin Sporton, Chief Executive of the World Coal Association (WCA) said, &ldqu ...
Wednesday, 13 June 18
U.S. COAL PRODUCTION TO DECLINE BY 2% TO 756 MILLION SHORT TONS MMST IN 2018 - EIA
EIA forecasts U.S. coal production to decline by 2% to 756 million short tons (MMst) in 2018.
According to EIA's Short-Term Ener ...
Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...
|
|
|
Showing 1696 to 1700 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
|
| |
| |
|
