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Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
 China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, countering earlier expectations that shipments would be capped by Beijing at the same level as 2018.
China’s coal imports have already surged 9.5% in the first nine months of 2019 to 250.57 million tonnes, customs data shows, and at least 18.84 million tonnes of seaborne coal are due to arrive this month, according to vessel-tracking and port data compiled by Refinitiv.
With China typically bringing in about 7 million tonnes more a month on trucks and trains from Mongolia and Russia, total volumes are likely to reach 276 million tonnes well before the end of the year.
Last year’s total was 281.23 million tonnes.
“Signs are emerging of a modest recovery in coal import volumes into China, which has led to recent market speculation that the Chinese government may allow a relatively modest uplift in annual imports to around 300 million tonnes,” said Whitehaven Coal Ltd, Australia’s largest independent coal producer, in a note on Tuesday.
Energy consultancy IHS Markit expects that China may bring in around 320 million tonnes of coal this year.
Some Singapore-based coal traders forecast Chinese coal imports could reach at least 305 million tonnes.
The rise in imports comes even after Beijing has pledged to curb coal use to tackle persistent severe pollution in the world’s top energy market.
Last year it took drastic measures to cap its shipments, halting all clearance of coal cargoes at major ports in December, which sent imports plunging to just 10 million tonnes that month, down from an average monthly level of 22 million tonnes.
“Government priority at this moment is to boost the economy … Relaxing coal imports curb would help maintain a moderate coal price and therefore cut electricity prices in order to reduce energy costs for Chinese enterprises,” said Liu Xiaomin, analyst at IHS Markit in Beijing.
Analysts and traders warned that the customs authorities could still take such action however, and said they are closely watching for any change in import policy.
“The market is full of uncertainties at this moment. We have to wait until at least the end of October to see if a new policy will come out,” said a Beijing-based coal trader with a leading German power company.
IHS Markit’s Liu also warned the import policy may be adjusted anytime based on coal prices and the economic situation in China.
Still, buyers have not slowed their purchases, thanks to a large spread between domestic and imported coal prices and increasing demand for the fuel ahead of northern China’s heating season that kicks off next month, said three other traders with major power utilities and trading houses.
Port prices for Chinese thermal coal with energy content of 5,500 kilocalories per kilogramme (Kcal) were around 575 yuan ($81.25) a tonne on Monday, while Australian coal of the same quality was sold at $53 a tonne FOB.
Source: Reuters
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Thursday, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...
Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...
Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
KNOWLEDGE TO ELEVATE
Stuart Edmonston, Loss Prevention at UK P&I Club, discusses an incident in which crew were injured whilst on deck in ...
Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with re ...
Tuesday, 15 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country's Co ...
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- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- White Energy Company Limited
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
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