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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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Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
Capesize
The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play ...
Saturday, 22 June 19
OPEC'S BATTLE FOR CONTROL OF THE OIL MARKET - WOOD MACKENZIE
Oil supply is confounding expectations. We have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. ...
Friday, 21 June 19
INDONESIA'S BAYAN RESOURCES SIGNED A COAL SUPPLY AGREEMENT WITH THE BANGLADESH BCPCL TO SUPPLY 23 MILLION TONS OF COAL FOR 10 YEARS
On Monday, 17th June 2019, PT. Bayan Resources signed a Coal supply Agreement with the Bangladesh- China Power Company (Pvt.) Limited. BCPCL is a j ...
Thursday, 20 June 19
BUMI RESOURCES EXPECTS TO SELL 42 MILLION TONS OF COAL IN FIRST HALF - JAKARTA POST
PT Bumi Resources (BUMI), Indonesia's largest thermal coal miner, expects to close the first half of this year with coal sales of 42 million to ...
Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...
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- PTC India Limited - India
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- White Energy Company Limited
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
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