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Tuesday, 18 February 20
ADARO REMAINS POSITIVE ON THE LONG-TERM FUNDAMENTALS OF COAL MARKET SUPPORTED BY THE SOUTHEAST ASIA AND SOUTH ASIA REGION
 The global seaborne thermal coal market in 2019 was faced with macro and industry challenges which pushed international coal prices to decline y-o-y. Slowing global economy, uncertainty over government policies, US-China trade tension, and lower LNG prices were among the factors that impinged on the market in 2019, said Adaro in its Quarterly Activities Report Fourth Quarter of 2019.
According the one th elargest coal miner in Indoneisa, global manufacturing PMI ended at 50.1 -reflecting marginal expansion -as the market remained cautious of the lackluster global economy. Electricity demand and coal consumption of China and India have also been impacted.
China’s y-o-y power generation growth declinedto 5.4% from 6.2% in 2018, with coastal provinces only growing by 3%, whereas India’s 11M19 y-o-y coal-fired generation has dropped by 2.3%.
Adaro Energy Quarterly Activities Report Fourth Quarter of 2019 further noted that, in addition, coal prices have declined with average GlobalCoal Newcastle (gCN) price in 2019 dropping to US$77.74 per tonne, reflecting a decline of 28% y-o-y.Despite the price pressure, the global trade of seaborne thermal coal has increased beyond 1 billion tonnes. Demand for Indonesian sub-bituminous coal from Southeast Asian countries like Vietnam, Malaysia and the Philippines increased due to robust electricity demand along with the increase in new coal-fired power plants capacity.
Adaro Energy Quarterly Activities Report Fourth Quarter of 2019 noted that, the demand from Indonesian domestic market has also increased significantly by 20%, with industrial sector as one of the greatest contributors to the domestic demand growth. Moreover, Indonesia’s coal production reached a record 610 Mt in 2019 in response to the growing appetite towards Indonesian coal.
Adaro says," We remain positive on the long-term fundamentals of coal market supported by the Southeast Asia and South Asia region as these regions pursue economic development and improve their power sector".
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Saturday, 15 February 20
AFRAMAX: A MORE POSITIVE ATTITUDE EXISTED IN THIS SECTOR WITH RATES IMPROVING ON ALL ROUTES - BALTIC BRIEFING
VLCC
The market in the Middle East was unmoved this week, with Chinese refiners continuing to slow imports, allied with the impact of the Coron ...
Saturday, 15 February 20
A 56,000DWT VESSEL WAS CONCLUDED BASIS DELIVERY SINGAPORE VIA INDONESIA REDELIVERY CHINA IN THE LOW $6,000S - BALTIC BRIEFING
Capesize
Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. With mu ...
Saturday, 15 February 20
U.S. COAL PRODUCTION WILL TOTAL 595 MMST IN 2020, DOWN 14% FROM 2019 - EIA
EIA forecasts that U.S. coal production will total 595 million short tons (MMst) in 2020, down 95 MMst (14%) from 2019.
Lower ...
Friday, 14 February 20
WHY THE WORLD ECONOMY WILL BE FACING CHINA'S CORONAVIRUS FOR A LONG TIME - CNBC
Everywhere we look we see the headlines and commentators talking about the coronavirus and its impact on tourism, trade and investment between Chin ...
Friday, 14 February 20
KOWEPO INVITED BIDS FOR 1.275 MILLION TONS OF MIN. 5,600 NCV COAL
COALspot.com: Korea Western Power Co. Ltd (KOWEPO). as a representative of five Korean Gencos has issued an international tender for total 1,275,00 ...
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- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Deloitte Consulting - India
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