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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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Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize
The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...
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, ...
Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...
Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...
Monday, 21 October 19
SHIPPERS CHANGE COURSE AS FUEL RULES TARGET SULPHUR EMISSIONS - WOOD MACKENZIE
The International Maritime Organization (IMO), the industry’s regulator, will require all ships to reduce the level of sulphur in their engin ...
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- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
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