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Thursday, 10 October 19
THERMAL COAL IMPORT LIKELY TO CROSS 200 MT IN 2019-20 - TIME OF INDIA
The country's overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra.
"Thermal coal imports expected to cross 200 MT in FY2020," Icra said in a statement on Monday.
Coal India Ltd's (CIL) production might fall short of its 2019-20 target of 660 million tonne (MT) by around 55-75 MT, Icra .
CIL registered a year-on-year (y-o-y) decline of 23.5 per cent in production in September, as operations were impacted by labour issues and flooding of key mines due to heavy rains.
In the first half of the current financial year, CIL's coal production witnessed a fall of 6 per cent y-o-y, in stark contrast to the healthy production growth of 7 per cent achieved in 2018-19.
"Thus, in order to achieve the targeted annual coal production or come anywhere close to the annual guidance of 660 MT and, given the first half slippages, CIL would have to step up to an average run rate of 2.3 MT coal production per day for the rest of the year," it said.
This looks an unlikely task, given that in recent times, the central miner has been able to briefly sustain at the two million tonnes per day average coal production rate only in the months of March 2018 and March 2019, it said.
Consequently, fully recovering the lost ground during the second half would be challenging, it added.
As Coal India Ltd attempts to make up for the lost volumes in the second half, the power sector is expected to be a much larger beneficiary of the incremental supplies, given that it gets higher priority over supplies to the non-regulated sector, it said.
Consequently, imports by the non-regulated sector are expected to remain elevated for the year as well.
"Given CIL's lacklustre first half performance, coal stocks at domestic thermal power plants have steadily depleted from 33 million tonne at the end of May 2019 to around 22 million tonne at the end of September 2019," Jayanta Roy, senior vice-president and group head (corporate sector ratings), ICRA, said.
Since power plants in the northern region contributed around 50 per cent of this inventory run-down, they would be more vulnerable if the ongoing production shortage persists, Roy said
"Mirroring the lower coal despatches, generation from coal-based thermal power plants fell by 4.0 per cent y-o-y in August 2019, and by a steeper 10.6 per cent y-o-y in September 2019," Roy added
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Friday, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific v ...
Wednesday, 09 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we have already stated in previous insights, we had expected that the recovery on rates and activity across all segments in the offshore market ...
Thursday, 03 October 19
OIL PRICE ASSUMPTIONS UNCHANGED, NBP GAS PRICE LOWERED - FITCH RATINGS PRIMARY - FITCH RATINGS
Our oil price assumptions are unchanged, despite the recent price volatility following the attacks on Saudi Arabia's oil infrastructure, Fitch ...
Thursday, 03 October 19
SHIPPING MARKET INSIGHT
Edible oil products across the board are showing healthy amount of export activity, however, rates in most cases are struggling to move accordingly ...
Friday, 27 September 19
LOWDOWN ON INCOTERMS 2020 OVERHAUL - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
This ninth revision of Incoterms is changed in style and substance. The revisions improve certain aspects of Incoterms 20 ...
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- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- PTC India Limited - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
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