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Wednesday, 29 January 20
INDONESIA REMAINS AT THE TOP SPOT IN 2019 AS THE LARGEST SUPPLIER OF COAL TO INDIA WITH 91.3 MLN TONNES - BANCHERO COSTA
Despite repeated promises from India’s government to reduce the country’s coal imports and increase domestic self-reliance, volumes just continue to rise. In the 12 months of calendar 2019, India imported 206 mln tonnes of coal, including both thermal coal and coking coal, but excluding petcoke, based on Refinitiv vessel tracking data, Banchero Costa said in its latest weekly report.
According to Banchero Costa. this represented an increase of +5.1% y-o-y from the 195.9 mln tonnes imported in 2018, and was +11.0% more than the 185.6 mln tonnes imported in 2017. What is surprising, is that imports are rising despite India’s sharpest economic slowdown since the global financial crisis. Logistical challenges, heavy rains and frequent strikes and protests have hit output at state-run Coal India, which accounts for more than four-fifths of India’s coal production.
Banchero Costa further noted in its report that, utilities in particular increased coal imports in 2019 despite electricity demand growing at the slowest pace in six years as the broader economic slowdown stifled industrial output. The biggest increase reportedly came from Adani’s “Ultra mega” power plant in Mundra, Gujarat state, with its shipments rising 75% to 17.35 mln tonnes. There has also been some reshuffling in trade patterns, as some suppliers have benefitted more than others. Indonesia remains at the top spot in 2019 as the largest supplier of coal to India with 91.3 mln tonnes, +10.5 percent y-o-y and now accounting for 44 percent of India’s total seaborne coal imports.
Australia, however, shipped only 44.5 mln tonnes of coal to India in 2019, down by -4.3% y-o-y. Nevertheless, Australia remains in second place, accounting for 22% of India’s total seaborne coal Imports said Banchero Costa.
According to Banchero Costa , South Africa shipped 37.4 mln tonnes of coal to India in 2019, up +1.6% y-o-y. South Africa is in third place, accounting for 18% of India’s total imports. Volumes from the USA have significantly declined this year.
India imported 12.2 mln tonnes of coal from the USA in 2019, down by -22.4% y-o-y. The USA still account for 6% of India’s imports. Imports from Russia surged by +33.1% y-o-y to 6.8 mln tonnes. Shipments from Canada also increased, by +8.6% y-o-y, to 6.1 mln tonnes.
Banchero Costa also reported port wise break up for coal imports. The main import terminals on India’s North-West Coast are: Mundra in Gujarat (29.7 mln tonnes in 2019), Kandla in Gujarat (14.2 mln tonnes in 2019), Hazira in Gujarat (11.3), Navlakhi in Gujarat (5.9), Dahej in Gujarat (4.2), Jaigad in Maharashtra (6.4), and Mumbai in Maharashtra (3.9).
On the South–West coast we have: Marmugao in Goa (8.1 mln tonnes in 2019), and New Mangalore in Karnataka (4.3). On the North-East coast: Haldia in West Bengal (5.9 mln tonnes in 2019), Paradip in Orissa (16.6), and Dhamra in Orissa (13.8). On the South-East coast: Krishnapatnam in Andhra (19.1 mln tonnes in 2019), Gangavaram in Andhra (18.9), Visakhapatnam in Andhra (16.0), Kakinada in Andhra (3.3), Ennore in Tamil Nadu (8.8), Tuticorin in Tamil Nadu (6.2), and Karaikal in Puducherry (3.4).
Banchero Costa also further noted that, out of the total 206 mln tonnes of coal shipped to India last year, only roughly 68 mln tonnes (33 percent) were shipped on Capesize vessels, about 81 mln tonnes (39 percent) on Panamaxes or Post-Panamaxes, about 55 mln tonnes on Supramaxes (27 percent), with only sporadic cargoes on Handies.
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Wednesday, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
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- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- MS Steel International - UAE
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Aditya Birla Group - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
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