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Sunday, 29 December 19
AUSTRALIA SUFFERS WORST OF CHINA'S COAL CURBS AFTER EARLIER BOOM - BLOOMBERG
 Australia is bearing the brunt of China’s year-end coal import restrictions, ceding market share to other exporters including Russia and Mongolia, after shipments soared earlier in 2019.
While total purchases by China rose 9% in November from a year ago, Australian shipments to the top buyer sank 31%, according to Bloomberg calculations based on customs data. Imports from Russia jumped 81% while Mongolian cargoes gained 14%. Volumes from the largest exporter Indonesia climbed almost 10%.
The November data signal a shift from the middle of 2019, when Chinese imports from Australia climbed to a record, mainly driven by robust shipments of coking coal. “Traders have been worried since September about import curbs tightening toward the end of the year as annual quotas come close to maxing out,” said Feng Dongbin, chief analyst at China Coal Resource.
“This applies especially to ports in northern China where coking coal imports reached a record,” he added. This type of coal is used to make steel and differs from thermal coal, which is used for energy and heating.
Australia is the world’s biggest exporter of coking coal and No. 2 shipper of thermal coal so it’s particularly sensitive to China’s import policy. The nation’s miners also face environmental pressure at home amid devastating wildfires.
Beijing regularly adjusts import limits to balance protecting domestic miners and power plants, although the policy often lacks clarity as there is no official notice. While China has allowed more lower-priced imports this year to ease an economic slowdown, ports including Caofeidian and Jingtang halted customs clearances after imports rose significantly. These ports mainly serve steel mills in the Tangshan region.
Australian coal was subject to delays at Chinese ports early in the year in suspected retaliation for Canberra’s ban on Huawei Technologies Co. Resources Minister Matt Canavan said in September the slowdown was largely resolved.
Source: Bloomberg
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Tuesday, 04 February 20
CAPE: THE AVERAGE EARNINGS PER DAY FELL BENEATH THE USD 4,000, A LEVEL CONSIDERABLY BELOW EVEN THE MOST CONSERVATIVE OPEX LEVELS - ALLIED
The recent slump in the dry bulk freight market may well have been expected to some degree, but despite this the shock was still overwhelming when ...
Monday, 03 February 20
KOWEPO INVITING BIDS FOR 2.46 MILLION TONS OF MIN.5700 AND MIN.5600 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,460,000 tons of (Sub) Bitum ...
Sunday, 02 February 20
NOVEL CORONAVIRUS OUTBREAK IN CHINA - STANDARD CLUB
Members will be aware of the recent novel coronavirus outbreak in China, which has now been declared a global emergency by the World Health Organis ...
Sunday, 02 February 20
SUPRAMAX: A 52,000DWT SHIP WAS FIXED BASIS DELIVERY SOUTH KALIMANTAN TRIP TO INDIA, AT $6,000 - BALTIC BRIEFING
Capesize
The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing ...
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with ...
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- MS Steel International - UAE
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Minerals Council of Australia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Australian Coal Association
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
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