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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
 We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sector, where two-thirds of coal is consumed: coal power generation fell by around 10%. Industrial use of coal also declined during the period, although reported increases in coal use for steel production in China mitigated the decline - IEA
According to IEA, in China, where more than half of the world’s coal is consumed, the Covid‑19 outbreak triggered a marked decline in coal demand because coal supplies 60% of primary energy and an even higher share of electricity. Coal consumption fell by 8% in Q1 2020 compared with 2019 as the economy contracted by 6.8% and coal power generation fell by close to 9%. Industrial production fell sharply; in January and February, automobile production declined by almost 50% and cement production by 30%, with a slight recovery afterwards.
In India, IEA said, the economy had not yet fully recovered from last year’s slowdown when the government mandated the lockdown of the whole country on March 24. Electricity demand and industrial production declined significantly in late March, likely leading to a new decline in India’s coal use in Q1 2020, after the drop in 2019.
In the United States, IEA said, a mild winter and the abundance of natural gas pushed gas prices down. Along with expanding renewables, this further squeezed coal out of the market. The decline in electricity use after the first states started lockdowns pushed coal use down even further, by around 30% in Q1 2020, with coal’s share in the power mix falling below 20% for the first time since the widespread development of coal-fired electricity generation in the 21st century.
IEA also said, in the European Union, coal demand fell by more than 20% in Q1 2020. The Covid‑19 outbreak and shrinking electricity demand during lockdowns added pressure on coal use, which was already falling because of low gas prices, a mild winter and increasing renewable output, which was also supported by favourable weather conditions. The, fall in CO2 allowances did not improve coal’s competitiveness with gas in the power sector and therefore was not much relief for coal, which declined 20% in Q1.
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Thursday, 14 May 20
OPEC REVISES DOWN GLOBAL OIL DEMAND FORECAST AGAIN
Crude Oil Price Movements
Crude oil prices recorded a second sharp monthly drop in April, amid an increasing oil surplus in the spot market. Th ...
Thursday, 14 May 20
NEW COVID-19 GUIDELINES FOCUS ON SAFE INTERFACE BETWEEN SHIP AND SHORE STAFF - GARD
At a time when the COVID-19 pandemic is affecting the global population, it is important that ships’ crew and port workers protect each other ...
Wednesday, 13 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.4 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.93 points Monday, down 0.4 percent week on week.
The index, released by Chin ...
Tuesday, 12 May 20
IN THE FIRST 4 MONTHS OF 2020, SOUTH KOREA IMPORTED 46.6 MLN TONNES OF CRUDE OIL BY SEA, A NET DECLINE OF 14.1% YOY - BC
South Korea is certainly one of the countries which has handled better the current Covid-19 crisis. In the first week of May 2020, new cases of ...
Tuesday, 12 May 20
OIL MARKET TURBULENCE PIVOTS FOCUS ON FLOATING STORAGE TECHNICAL NEEDS - LLOYD'S REGISTER
KNOWLEDGE TO ELEVATE
Negative oil prices and off-the-scale volatility in crude markets are positive for floating storage, as the next chapter ...
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- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
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