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Thursday, 19 July 18
VINACOMIN PRODUCES OVER 20 MLN TONNES OF RAW COAL FROM YEAR'S START - VNA
vinacoalThe Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced over 20 million tonnes of raw coal and 19.3 million of clean coal from the beginning of 2018.
 
It has sold nearly 22 million tonnes of coal, up 3.8 million tonnes from the same period last year.
 
The group generated about 66 trillion VND in revenue during the period and estimated to have 6.53 million tonnes of coal in inventory, a decrease of 2.47 million tonnes from the year’s start. The firm’s production of alumina stood at 654,000 tonnes.
 
The positive result was attributed to Vinacomin’s good market research which allowed the group to sell its products at the right time when the prices went up.
 
The local demand for coal for production of electricity, cement, fertiliser and others is forecast to remain high in the time ahead so Vinacomin will manage to balance the coal production and sales to reduce inventory and meet the demand at the same time.
 
This year, Vinacomin sets to sell from 38.5 – 39 tonnes of coal, including 34.2 million tonnes of clean coal, up 1.32 million tonnes year on year.
Source: VNA


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Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origi ...


Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, ...


Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted f ...


Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...


Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
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