We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 06 April 20
INDIA'S 21-DAY LOCKDOWN - IMPACT ON COMMODITIES? - WOOD MACKENZIE
 India is under a three-week lockdown from 25 March, to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this means for the power, coal, gas and LNG, and oil products sectors.
Impact on power and coal demand
Principal analyst Pralabh Bhargava said: “India’s power demand has declined on average 30% year-on-year (yoy) and 25% week-on-week basis on 28 March. Demand from the industrial and commercial sectors are already falling. Load shape is moving to residential from industrial due to teleworking and home-schooling. We expect an average overall power demand decline of 35% until 14 April and a progressive recovery thereafter.
“Coal stocks at power plants and mines reached record highs of 40 million tonnes (Mt) and 60 Mt by 25 March, and many are already rejecting shipments from Coal India. This situation is due to lower thermal coal demand over the last 15 days and robust production in recent months.
“Movement of imported coal will be restricted due to constraints at ports and infrastructure. We expect the Force Majeure announced by port operators to have a limited impact on coal imports, as it is considered an ‘essential’ service.”
Impact on gas and LNG
Senior analyst Vidur Singhal said: “The transport and industrial sectors have been impacted. The average daily gas consumption across sectors stood at around 151 mmcm/d (million cubic metres per day) in 2019. We expect about 18-20% reduction in daily gas demand post lockdown. Also, demand from refineries and fertiliser plants, and anchor gas customers, have reduced in line with their utilisation rates with significant downside risk if the lockdown is extended.
“Gas aggregators are in a tight spot. LNG buyers declared Force Majeure once port operations stopped. Regas terminals were oversupplied heading into the lockdown as all major buyers procured low-priced spot volumes in advance. Even long-term LNG volumes are at risk as demand shrinks.”
Impact on oil products demand and refining
Research analyst Qiaoling Chen said: “We estimate that gasoline, jet fuel, and diesel demand will be down by 25%, 33%, and 13% yoy respectively in the second quarter while fuel oil, refinery gas demand will decline by 8%, 20% respectively at the same time.
“Overall, total demand is expected to decline by 871,000 barrels per day (b/d) (-17%) yoy in April. The negative impact is likely to last through Q2 2020 with most oil products returning to normal growth in the third quarter of this year except for jet fuel demand, which is expected to return to normal growth only in the first quarter of next year.”
On refining, research analyst Kendrick Ng said: “Refiners are reducing runs in response to lower oil products demand and weakness in refining margins. We estimate that the country will process about 800,000 b/d less crude in April, month-on-month basis, resulting in about 17% decline in the utilisation rate.
“Indian PSUs (public sector undertaking) are expected to be hurt the most amid tepid domestic demand, high storage level and lesser access to export markets, especially inland refineries.”
Source: Wood Mackenzie
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 11 September 19
THE INDONESIAN COAL PRICE REFERENCE FELL HEAVILY IN SEPTEMBER
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
We are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the bel ...
Monday, 09 September 19
INDIAN COMPANIES READY TO INVEST IN DEVELOPMENT OF NEW COAL DEPOSITS IN RUSSIA'S YAKUTIA - TASS
Indian metallurgical companies, which received trial batches of coal from Kolmar mining company, are satisfied with the quality of the products and ...
Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Colombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same ...
Monday, 09 September 19
ULTRAMAX: ASIA A 58,000-TONNER FIXED DELIVERY FUZHOU, VIA INDONESIA, REDELIVERY CHINA, AT $12,800
Capesize
0px The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013. Fridays 5TC closed ...
|
|
|
Showing 1341 to 1345 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Australian Coal Association
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- The University of Queensland
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
|
| |
| |
|
