We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
 Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal prices and adding order uncertainties for exporters, Fitch Ratings and CRU say. Miners from Australian and Indonesia are the most exposed, but the credit impact is muted thanks to sufficient rating headroom as we have already incorporated a downward pricing trend in our rating assumptions.
The Chinese coal market’s tightness has eased due to a combination of weaker demand and improved domestic supplies. Chinese coal demand has declined as residential power consumption reduced at the end of the winter heating season in mid-March and hydro supply increased in south China due to heavy rains. Chinese domestic coal supply has gradually improved in recent quarters as the pace of capacity closures has slowed and incremental capacity has been expedited to bring down fuel costs, according to CRU. Inventories at the six main power producing groups edged up to 16.0 million tonnes in late March, 13% higher than the average for 2018 of 14.1 million tonnes.
Growing domestic supply is likely to prompt the Chinese government to tighten control over thermal coal imports. This would imply higher order volatility and risks for seaborne coal suppliers targeting the Chinese market, which are mainly miners in Australia and Indonesia. The Chinese government appears to have adopted an on-and-off importing policy since 2017 by implementing stricter checks when domestic supply is sufficient and speeding up clearing when domestic supply is tight. Australian coal cargoes, for example, have been facing increasing delays clearing customs at Chinese ports since February, according to CRU.
While seaborne coal remains price competitive compared to domestic coal, risks of long clearing time and import bans may discourage Chinese consumers from using seaborne coal, especially when domestic supply is sufficient.
Australian coal producers are likely to face the risk of order cancellation, and to some degree, be forced to compete for sales in alternative countries. This may lead to weak prices in the seaborne market, especially for the mid-content-value coal of around 5,500kcal/kg that Chinese importers typically buy from Australia.
Imports from Indonesia have been less affected by the recent Chinese controls, according to press reports, although Indonesian producers are still likely to come under pressure to find new markets due to overall declining Chinese demand for seaborne coal, as well as increasing Indonesian domestic output, and weaker-than-expected domestic demand.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt ...
Friday, 08 March 19
CHINA'S COAL DEMAND FORECAST TO DROP SLOWLY - YONHAP
China’s coal demand is expected to fall at a snail’s pace over the next 20 years due to the country’s preference for the cheap fo ...
Thursday, 07 March 19
INDONESIAN COAL PRICE REFERENCE PLUNGE TO LOWEST IN SEVEN MONTHS
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 06 March 19
KOSPO INVITES BIDS FOR 80,000 MT OF 3800 NCV COAL FOR 21 - 30 MARCH, 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 80,000 MT of min 3,800 kcal/kg NCV low calor ...
Wednesday, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
|
|
|
Showing 1451 to 1455 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- The University of Queensland
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
|
| |
| |
|
