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Friday, 22 November 19
UNCERTAINTY IN THERMAL COAL MARKET PERSISTED IN 3Q19 - ADARO
 Uncertainty in thermal coal market persisted in 3Q19, mainly due to the actions, or inactions, of China in setting policies for global coal market. Benchmark prices for sub-bituminous and Newcastle off-spec coals declined and remained low during this period amid concern of China import quota and more supply to Pacific market partly due to prolonged dry season in Indonesia said Adaro 3Q19 quarterly activities report. the report further said, although beginning of July saw slight rally in benchmark prices, GlobalCoal Newcastle (gCN) benchmark declined to US$60 level in August, the lowest since July 2016. The average gCN price and Indonesian sub-bituminous price (ICI3) in 3Q19 dropped by 42% and 19%, respectively, compared to the same period last year.
The overall seaborne coal demand in 9M19 increased compared to last year despite the reduced intake from Europe amid low gas prices and uncertainties in China import policy. Demand growth from seaborne market was mainly driven by China, Indian subcontinent and Southeast Asia. The opened arbitrage for imported coal has increased China’s thermal and anthracite import volume by 20% compared to September last year, bringing January-September import volume up by 6% y-o-y.
Adaro says, at the same time, India has increased its coal imports during the quarter to supply its coastal power plants as Coal India underperformed in 3Q19. Vietnam, the Philippines, and Malaysia continue to make progress with constructions of new coal-fired plants. Vietnam led the demand growth in Southeast Asia with total y-o-y increase of 18 Mt in Jan-Sep 2019. From the supply side, although Indonesian production is likely to continue growing, export is expected to be constrained by increased domestic demand and upcoming rainy season. Indonesia’s Ministry of Energy and Mineral Resources approved quota increment from miners to an additional 24-35 Mt of production. Australia and Russia also increased their supply to seaborne market during the first nine months of the year, while the US and Colombia reduced their export volume due to dropping demand from the Atlantic market.
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Saturday, 01 February 20
THERMAL COAL MARKETS: 5 TRENDS TO WATCH OUT FOR IN 2020 - MINING REVIEW
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific.
&n ...
Saturday, 01 February 20
COAL IS NOT GOING ANYWHERE - MINING REVIEW
The coal sector is living under the constant threat of being blamed by environmentalists as being responsible for a world disaster called global wa ...
Saturday, 01 February 20
CIL PRODUCTION TO NOT EXCEED 640 MILLION TON IN FY20: OFFICIAL - PTI
Hit by disruptions due to a prolonged monsoon, mining major Coal India Ltd’s production in the current fiscal will not exceed 640 million ton ...
Saturday, 01 February 20
WHO PAYS FOR IMO 2020? - FREIGHT WAVES
The United Nations’ International Maritime Organization (IMO) implemented its low-sulfur fuel mandate on January 1, 2020. Full enforcement be ...
Friday, 31 January 20
EIA EXPECTS U.S. ELECTRICITY GENERATION FROM RENEWABLES TO SOON SURPASS NUCLEAR AND COAL
In the latest long-term projections, the U.S Energy Information Administration (EIA) projects electricity generation from renewable sources such as ...
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- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- The University of Queensland
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
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