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Tuesday, 21 April 20
INDONESIA ACCOUNTS FOR 19% OF JAPAN'S TOTAL COAL IMPORTS - BANCHERO COSTA
 Coal trade in Asia is proving remarkably resilient this year, despite the global economic impact from COVID-19.
We have seen China’s coal imports surge by +14.1% year-on-year in the first quarter of this year. We have also seen India’s coal imports similarly surge by +7.1% year-on- year in the same period, said Banchero Costa in its latest weekly report.
Japan is another country which has increased its imports of coal this year, albeit perhaps not by the same magnitude as those other two countries. In the first 3 months of 2020, Japan imported 44.8 mln tonnes of coal, according to vessel tracking data from Refinitiv.
According to Banchero Costa, this represents a net increase of +3.4% y-o-y, compared to the 43.3 mln tonnes imported in the same three-month period of 2019, but down -3.4% from the 46.3 mln tonnes imported in 1Q 2018. On a single-month basis, January showed a +6.0% year-on-year increase to 15.7 mln tonnes, whilst February showed a +4.4% increase year-on-year to 14.3 mln tonnes, and March recorded a -0.2% year- on-year decline to 14.7 mln tonnes.
In April 2020 we could see arrivals as high as 15.2 mln tonnes, based on vessel tracking ETAs. This would be significantly higher than the low 13.1 mln tonnes of April 2019. Actual arrivals in the first 14 days April 2020 reached 6.8 mln tonnes. Of the arrivals in 1Q 2020, at least 18.0 mln tonnes were coking coal, and at least 23.6 mln tonnes were thermal coal, with 3.1 mln tonnes of unknown grade.
Coal imports to Japan are predominantly from Australia, which also this year accounts for 61% of Japan’s total.There have been some interesting shifts in trade patterns however. Shipments from Australia to Japan have been down by -1.5% y-o-y in 1Q 2020, to 27.3 mln tonnes, from 27.7 mln tonnes in the same period last year.
Banchero Costa further noted that, volumes from Indonesia to Japan, on the other hand, increased sharply by +27.0% y-o-y to 8.3 mln tonnes, from 6.5 mln tonnes in 1Q 2019. Indonesia now accounts for 19% of Japan’s total coal imports. Japan also boosted imports from Canada, which went up by +12.3% y-o-y to 3.5 mln tonnes in 1Q 2020.
Imports from Russia also increased by +9% year-on-year to 3.7 mln tonnes, edging above Canada. Imports from the USA continued to decline. Japan imported only 0.9 mln tonnes from the USA in the first quarter of 2020, down -46.3% year-on-year. This is also two-thirds down from the 2.5 mln tonnes recorded two years ago.
We should keep in mind however that all this is a rebound from a relatively poor 2019, and indeed from a negative trend seen already for a number of years, said Banchero Costa.
Banchero Costa further said, looking back at last year, Japan’s total imports reached 169.2 mln tonnes in the 12 months of 2019. This represents a decline of -4.5% y-o-y, compared to the 177.2 mln tonnes imported in the whole of 2018. This in turn was a -1.2% decline from the 179.3 mln tonnes of 2017.
One main trend seen in the past few years was towards diversification of suppliers. During the whole of 2019, imports from Australia to Japan declined by -7.2% y-o-y to 104.3 mln tonnes. Imports from Indonesia declined by -4.6% y-o-y in the whole of 2019 to 25.0 mln tonnes.
On the other hand, shipments from Canada increased by +13.5% y-o-y to 15.6 mln tonnes, and from Russia by +13.2% y-o-y to 14.4 mln tonnes.
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Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...
Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions
“Energy crisis.” The phrase evokes nearly-forgotten ...
Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.
According ...
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...
Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.
Mos ...
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- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- White Energy Company Limited
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- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- PTC India Limited - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
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- GAC Shipping (India) Pvt Ltd
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- ASAPP Information Group - India
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- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
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- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
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- Medco Energi Mining Internasional
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- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
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- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
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- Merrill Lynch Commodities Europe
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- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
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- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
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- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
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- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
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- Bharathi Cement Corporation - India
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- Uttam Galva Steels Limited - India
- Planning Commission, India
- Australian Coal Association
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
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