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Thursday, 06 February 20
CHINESE DEMAND KEY UNCERTAINTY FOR SEABORNE COAL MARKET IN 2020 - THE BRICS POST
Coal trader Noble Resources head of research Rodrigo Echeverri Cardozo had penciled in a 3 Mt drop in Chinese import demand for 2020, but it could drop by 20 Mt depending on how long the disruption caused by the so-called “Wuhan flu” continued, he told the 15th Annual Southern African Coal Conference in Cape Town, South Africa.
“I normally have my presentation ready at least one week before the conference, but this time, I have had to update on a daily basis, as the number of cases is spreading so fast. The bad news is that the first quarter of 2020 is going to be pretty poor, because Chinese traders hold back from buying as they wait for the economic impact to stabilize,” he said.
The coronavirus outbreak, which originated in Wuhan, China, has exceeded a grim comparison milestone, as the number of confirmed cases in mainland China has now surpassed that of the severe acute respiratory syndrome (SARS) during the 2002-2003 epidemic.
It took six months for the number of SARS cases to exceed 5,000 in mainland China and the coronavirus surpassed that in just one month. SARS infected more than 8,000 people and killed some 800, resulting in estimates of global economic costs from disrupted trade and travel of R400 billion to R1.4 trillion.
“European coal burn has been on a downward trend for more than three years and this will continue in 2020, so the only good news is that we are unlikely to see the export supply surge from Indonesia that we saw last year, as domestic demand ramps up, so there will be less extra supply coming for that quarter,” he added.
“From my point of view, South African exports are the easiest to forecast as they have been flat for the past few years. I have got a small 0.4 Mt increase for this year,” he concluded.
The South African coal industry mines some 260 Mt of which some 72 Mt is exported and employs more than 86,000 miners who get R25 billion in salaries.
Richards Bay Coal Terminal (RBCT) achieved an annualised throughput of 95 Mt in December 2018 when they loaded 105 vessels, even though for the year, RBCT coal exports fell to 72.15 Mt in 2019 from 73.47 Mt in 2018 and a record 76.47 Mt in 2017. The rail line to RBCT has a current capacity of 81 Mt, while the port has a capacity of 91 Mt.
South African coal producers will need to boost productivity as competition intensifies in coal export markets, Mike Teke, CEO of coal mining company, Seriti Resources, said.
“The drive to be efficient and best in class regarding exporting coal is imperative,” he said.
Source: The BRICS Post
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Wednesday, 12 February 20
COAL INDIA WILL EXCEED LAST YEAR'S PRODUCTION FIGURES: OFFICIAL - PTI
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year’s production figures, a to ...
Wednesday, 12 February 20
MARKET INSIGHT - INTERMODAL
The recent Coronavirus outbreak in China has led to a global health emergency by World Health Organization and it is yet to be seen how long the ph ...
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may wel ...
Wednesday, 12 February 20
THE SHIPPING INDUSTRY SEES FREIGHT MARKETS IN A COMPLETE STATE OF COLLAPSE AS DEMAND GETS PARALYZED DUE TO CORONAVIRUS OUTBREAK - ALLIED
With China and the world still trying to contain the effects and come to terms with the Wuhan novel coronavirus outbreak, the shipping industry see ...
Wednesday, 12 February 20
WORLD STEEL PRODUCTION IN 2019 - BANCHERO COSTA
In a worrying development, global steel production slowed down considerably in the fourth quarter of 2019. In the final 3 months of 2019, total cru ...
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Showing 1141 to 1145 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- McConnell Dowell - Australia
- White Energy Company Limited
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
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