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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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Thursday, 16 April 20
CHINA'S BENCHMARK POWER COAL PRICE FALLS 5 YUAN PER TONNE - XINHUA
China’s benchmark power coal price fell by 5 yuan (about 70 U.S. cents) per tonne during the past week.
The Bohai-Rim Steam-Co ...
Thursday, 16 April 20
MARKET INSIGHT - INTERMODAL
As everyone anticipated the results of the OPEC + G20 meeting last week, it was very interesting to watch the reaction of tanker rates that were in ...
Monday, 13 April 20
SUPRAMAX: A 56,000DWT SHIP WAS FIXED DELIVERY PARADIP, REDELIVERY CHINA, AT $4,700 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Saturday, 11 April 20
FAQ: COVID-19 AND CLUB COVER - UK P&I
KNOWLEDGE TO ELEVATE
The Coronavirus (COVID-19) pandemic has generated a significant number of enquiries and questions from Members in recent ...
Saturday, 11 April 20
KOEN POWER PLANTS INVITED BIDS FOR 1.5 -1.62 MMT OF STEAM COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,500,000-1,620,000 Metric Tons (M ...
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Showing 1016 to 1020 news of total 6871 |
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- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Siam City Cement - Thailand
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