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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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Wednesday, 04 December 19
FITCH RATINGS: CASH FLOW GENERATION TO SLOW DOWN FOR INDONESIAN COAL MINERS
Fitch Ratings' negative outlook on the Indonesian coal-mining sector reflects our view of weaker cash flow generation on account of declining c ...
Wednesday, 04 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the marke ...
Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as sup ...
Tuesday, 03 December 19
STABILITY AND COMPATIBILITY OF VERY LOW SULPHUR FUEL OILS - GARD
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics ...
Monday, 02 December 19
COAL PRODUCTION IN INDIA UP BY 164.58 MT IN 5 YEARS - BUSINESS LINE
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Aff ...
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- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- The University of Queensland
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
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