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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, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
Crude oil tanker earnings have come down sharply in recent weeks with Very Large Crude Carrier (VLCC) earnings from the Middle East Gulf to China d ...
Thursday, 07 May 20
UKRAINE PRODUCES 2.5 MLN TONNES OF COAL IN APRIL - UKRINFORM
Ukraine produced 2.5 million tonnes of coal in April 2020, which is 39% less than planned, according to the Coal Miners Union of Ukraine.
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Thursday, 07 May 20
INDIA: GOVT TO DO AWAY WITH MANDATORY WASHING OF COAL FOR THERMAL POWER UNITS - BUSINESS STANDARD
The Centre is planning to do away with the mandatory requirement of washing of coal before it is transported to thermal power stations. The Ministr ...
Thursday, 07 May 20
CIL'S SUPPLY TO POWER SECTOR FALLS IN MARCH AMID SLUMP IN COAL DEMAND - PTI
The supply of coal to the power sector by state-owned CIL registered a decline of eight per cent to 42.30 million tonne in March in the wake of slu ...
Thursday, 07 May 20
COAL PRICE REFERENCE FALL SHARPLY IN MAY 2020 DUE TO CORONAVIRUS OUTBREAK
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
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- VISA Power Limited - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
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