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Thursday, 05 March 20
COAL IMPORTS DOWN IN MAJOR ASIAN MARKETS, AND CORONAVIRUS NOT THE DRIVING FORCE - CLYDE RUSSELL
 Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weakness concentrated in other major importers of the polluting fuel.
South Korea’s imports of both thermal and coking coal were particularly hard hit, dropping to 6.9 million tonnes in February from 11.4 million in January and 9.4 million in February 2019, according to vessel-tracking and port data compiled by Refinitiv. That was the lowest monthly import figure for South Korea since Refinitiv started vessel-tracking in January 2015.
South Korea’s weak coal demand was sparked by the country’s decision to close up to 15 coal-fired power plants between December and February in order to limit air pollution over winter. The bad news for coal exporters is that South Korea will extend the closure of coal-fired plants this month, with the Energy Ministry saying on March 1 that up to 28 plants will be idled this month.
India’s coal imports also slipped in February, with Refinitiv data showing a total of 16.4 million tonnes of both thermal and coking coal arriving, down from 18.2 million in January.
India, the world’s second-biggest coal importer behind China, is struggling with softer economic growth, which is curtailing electricity demand. In addition, some coastal power plants that rely on imported coal are struggling to sell electricity at prices high enough to make running the generators financially viable.
A warmer-than-usual winter, ongoing economic struggles and low prices for spot liquefied natural gas (LNG) are the most likely reason for Japan’s lower coal imports. Refinitiv data showed the world’s third-largest coal importer brought in 13.3 million tonnes in February, down from January’s 16 million and 13.8 million in February 2019.
- Clyde Russell -
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Friday, 06 March 20
COLOMBIAN COAL OUTPUT FELL 2% IN 2019 - REUTERS
Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the princi ...
Friday, 06 March 20
SOLID BACKING FOR LNG AS A MARINE FUEL - BALTIC EXCHANGE
When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL ...
Friday, 06 March 20
INDONESIA COAL PRICE REFERENCE UP AGAIN THIS MONTH
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average in ...
Thursday, 05 March 20
SEABORNE COAL'S STRUGGLES IN ASIA ARE MORE THAN JUST CHINA CORONAVIRUS - REUTERS
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
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- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- PTC India Limited - India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
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