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Tuesday, 07 April 20
COAL INDIA'S DISPATCHES DROP, OUTPUT INCREASES - THE HINDU
India’s largest coal producer Coal India Ltd. (CIL) has seen a 10% fall in dispatches in March 2020 due to a sharp fall in demand from the power sector, leading to an increase in inventories both at power plants and coal mines. This comes amid production rising up 6.5% to 84.4 million tonnes (MT). CIL’s dispatches declined 10.3% year-on-year (YoY) to 53.5 MT in March 2020 as demand for power plummeted.
Production declines
For FY20, CIL’s dispatches dropped 4% YoY to 582 MT, while production declined about 1% YoY to 602 MT.
India’s nationwide lockdown came at a time when power demand had largely remained muted and production at Coal India’s mines ramped up following a heavy monsoon season.
Hence, inventories at coal mines and power plants have risen, a general trend seen at the onset of summer but now higher than usual.
Commercial consumers
On the other hand, with industrial and commercial consumers accounting for almost 50% of India’s power demand, generation has been severely dented over the past one week.
In March, after the lockdown was announced, the power demand fell about 25% compared to daily three-year averages (2017–19). In contrast, for the first 21 days in March, demand was up 2.5%.
“On account of such a sharp demand drop and higher coal inventories at power plants, we built-in lower dispatches for CIL in FY21 (-5.5% YoY versus earlier +6.5% YoY).
“While we also anticipate a decline in coal imports (especially from the non-power sector), a subsequent fall in global coal prices may pose a risk and eventually impact CIL’s e-auction realisations,” wrote Motilal Oswal in note to its clients.
Also, given the must-run status for renewables in the country, the brunt of the demand decline is being borne by coal-based plants.
Source: The Hindu
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Friday, 27 March 20
CHINA'S BULKS: THE SENTIMENT GAP BETWEEN STEEL AND COAL WIDENS - WOOD MACKENZIE
China seems to be containing its local coronavirus situation, with imported cases now posing the greater threat. While quarantine measures remain t ...
Friday, 27 March 20
S.KOREA Q1 THERMAL COAL IMPORTS SET FOR 10-YR LOW ON ANTI-POLLUTION MEASURES - REUTERS
South Korea’s first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronaviru ...
Friday, 27 March 20
PORT OF NEWCASTLE OPERATIONS CONTINUE WITH COVID-19 RESPONSE MEASURES IN PLACE
Port of Newcastle, like many organisations, is taking a precautionary approach to help manage COVID-19 risks in the community. Our focus is on ensu ...
Thursday, 26 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
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) ...
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- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- The University of Queensland
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- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
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- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
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- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
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- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
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- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
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- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
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- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Planning Commission, India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Marubeni Corporation - India
- VISA Power Limited - India
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- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
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- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
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- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
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- Economic Council, Georgia
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- TeaM Sual Corporation - Philippines
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- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
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