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Wednesday, 25 March 20
JAN-FEB 2020, INDONESIA SHIPPED 64.5 MLN TONNES OF COAL, UP +3.4% YOY - BANCHERO COSTA
 In the 12 months of calendar 2019, Indonesia exported 386.4 mln tonnes of coal, according to vessel tracking data from Refinitiv. This represents an increase of +7.1% year-on-year, compared to the 360.9 mln tonnes exported in calendar 2018. In terms of trade patterns, things were changing fast. Mainland China is increasingly the dominant destination, accounting for 31.7% of all exports of Indonesian coal in 2019. This is up from a 30.2% share in 2018, said Banchero Costa in its latest weekly report.
Banchero Costa further noted that, In terms of trade patterns, things were changing fast. Mainland China is increasingly the dominant destination, accounting for 31.7% of all exports of Indonesian coal in 2019. This is up from a 30.2% share in 2018. Total volumes to Mainland China increased by +12.5% in 2019 to 122.5 mln tonnes. This is a significant acceleration from the +2.1% growth seen last year.
Banchero Costa also reported that, volumes also increased to India, by +6.0% y-o-y to 90.1 mln tonnes, from 85.0 mln tonnes in 2018. India now accounts for 23.3% of Indonesia’s exports, essentially same as the 23.5% in 2018.
Exports to Malaysia were up +25.2% in 2019 to 19.9 mln tonnes. Malaysia’s share is now 5.2%. Total shipments to ASEAN countries (excluding Indonesian cabotage) now account for about 10.5% of Indonesia’s total coal exports. Shipments to Taiwan have also jumped, by +8.9% year-on-year in 2019 to 17.1 mln tonnes. Taiwan’s share was 4.4%, same as a year ago.
On the other hand, Banchero Costa said, exports to South Korea crashed last year, by -19.0% y-o-y to 23.0 mln tonnes, from 28.4 mln tonnes in 2018. This follows on a -11.8% decline already seen last year. South Korea now accounts for 6.0% of Indonesia’s coal exports, down from 7.9% in 2018.
Volumes to Japan Banchero Costa said, have also contracted in 2019, by -2.3% year on-year to 25.3 mln tonnes. This follows an even deeper contraction of -9.4% recorded the previous year. Japan now accounts for 6.5% of Indonesia’s exports.
What about 2020?
What we have seen so far is definitely not what you would expect, given the state of world affairs….. In the Jan-Feb period of 2020, Indonesia shipped 64.5 mln tonnes of coal, which was up +3.4% y-o-y. Shipments from Indonesia to China, at 21.5 mln tonnes, are a very strong +18.9% year-on-year in the first 2 months of 2020. China was the destination of 32.6% of all Indonesian coal exports in these two months.
However we have to remember that this is an expected rebound after very modest Chinese imports in Q4 of last year, which were low due to annual quotas on imports imposed by the government.
Another factor which contributed to the increase in Chinese purchases from Indonesia last month was the logistical disruptions and manpower issues which affected domestic mining and distribution of domestic coal making coastal power plants more reliant on seaborne imports.
Exports to Japan are also significantly up +30.9% year-on year to 5.38 mln tonnes in the first 2 months of 2020.
Those to ASEAN countries (primarily Malaysia and Thailand) are also up by a very strong +46.5% year-on-year to 8.4 mln tonnes. On the other hand, shipments to India are down by -14.2% year-on year to 14.3 mln tonnes. Volumes to South Korea contracted even more sharply by -20.3% year on-year to 3.3 mln tonnes.
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Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
Wednesday, 25 March 20
MARKET INSIGHT - INTERMODAL
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. Societies are facing chal ...
Wednesday, 25 March 20
INDONESIA TO CANCEL RULES REQUIRING DOMESTIC SHIPS FOR COAL, PALM EXPORTS : REFINITIV
Indonesia's government will revoke rules requiring exporters of coal and palm oil to use domestic shipping companies for shipments, Coordinatin ...
Tuesday, 24 March 20
MARKET ANALYSIS - ALLIED
As countries around the world struggle to take back control of the ongoing COVID-19 pandemic the global economy shuts down bit by bit, leaving only ...
Tuesday, 24 March 20
THE TRIPLE SHOCK OF CORONAVIRUS IN SHIPPING: WILL IT LAST? - DREWRY
Transport capacity shortages, disruptions to supply chains and inability to plan since late January have been a dangerous combination. But will all ...
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- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- The Treasury - Australian Government
- The University of Queensland
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
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