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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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- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Australian Coal Association
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
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