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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, 07 December 19
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 07 December 19
SOUTH AFRICAN COAL PRICE SURGE, WHILE OTHERS LANGUISH, IS TROUBLING - REUTERS
Coal prices around the world are gently sliding as demand from top importers such as China, India and even Europe remains subdued amid a so far mil ...
Saturday, 07 December 19
SUPRAMAX: OVERALL, THE BALTIC SUPRAMAX INDEX REMAINED IN POSITIVE MODE, DESPITE SOME AREAS LACKING FRESH ACTIVITY - BALTIC BRIEFING
Capesize
This week the Capesize market maintained healthy earnings, as an end of year surge took the Capesize 5TC back up to $25,202 by mid-wee ...
Friday, 06 December 19
INDONESIA COAL BENCHMARK PRICE FOR DECEMBER INCREASES BY US 3 CENTS MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Thursday, 05 December 19
IMO 2020 IS ABOUT TO GET REAL - GAVIN THOMPSON
As I write this edition of the APAC Energy Buzz from my desk in Singapore I can see ships. Lots of ships. No surprise given that Singapore is among ...
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- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Planning Commission, India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Australian Coal Association
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
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