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Thursday, 20 February 20
CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
China’s domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more than demand, Noble Resources’ chief coal analyst said.
The new virus, which originated in China, has claimed over 1,800 lives in the country, and caused widespread disruption to domestic manufacturing and global supply chains.
“Supply has been hampered in the short-term even more than demand. This has created a short-squeeze in the market, which is likely to last 2-3 months,” Rodrigo Echeverri, Noble’s head of hard commodities research, said in a presentation at the Coaltrans India conference.
He expected Chinese demand for thermal coal – mainly used for electricity generation – to fall by about 180 million tonnes due to the disease, outpaced by a loss of about 200 million tonnes of production.
China city air quality indices, which increase when industrial production picks up, and migration data show that very few workers have returned to work after an extended Lunar New Year holiday, Echeverri said.
“China is not producing right now,” he said, adding that lower box office sales and real estate transactions also pointed to a lack of consumption in China.
Elsewhere, coal production in Indonesia, the world’s largest thermal coal exporter, is expected to increase along with local demand, leaving little room for higher exports, Echeverri said.
Global demand for seaborne thermal coal is expected to fall marginally in 2020 due to a further decline in demand from Europe and the Americas, and the market is expected to be adequately supplied this year, he said.
“Going into 2020, we see that market has started to rebalance itself,” Echeverri said.
Supply in 2020 is expected to outstrip demand by 0.8%, compared with tighter market conditions in the previous two years.
Source: Reuters
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Friday, 17 April 20
PANDEMIC TO BRING ASIA'S 2020 GROWTH TO HALT FOR 1ST TIME IN 60 YEARS - IMF: REUTERS
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented ...
Friday, 17 April 20
OPEC BRACES FOR OIL MARKET'S "HISTORIC SHOCK"
OPEC released its much anticipated April monthly report.
Crude Oil Price Movements
Crude oil prices collapsed in March 2020, rec ...
Friday, 17 April 20
SAUDI ARABIA'S MAY 2020 OSPS FOR CRUDE EXPORTS BODE WELL FOR ASIAN REFINERS - WOOD MACKENZIE
On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia ...
Friday, 17 April 20
SEABORNE COAL PRICES UNDER PRESSURE AS DEMAND SOFTENS IN CHINA, INDIA - CLYDE RUSSELL
Worrying signs are emerging for coal exporters to the world’s biggest markets in Asia, as top buyers China and India move to favour domestic ...
Thursday, 16 April 20
THERMAL POWER SECTOR FACES BLEAK SCENARIO POST-COVID SITUATION - THE HINDU BUSINESS LINE
The centre should take a fresh look at coal-energy value chain as the sector tops the chart on loan defaults.
Covid-19 may have serv ...
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Showing 1011 to 1015 news of total 6871 |
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- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
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