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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, 16 April 20
MARKET INSIGHT - INTERMODAL
As everyone anticipated the results of the OPEC + G20 meeting last week, it was very interesting to watch the reaction of tanker rates that were in ...
Monday, 13 April 20
SUPRAMAX: A 56,000DWT SHIP WAS FIXED DELIVERY PARADIP, REDELIVERY CHINA, AT $4,700 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Saturday, 11 April 20
FAQ: COVID-19 AND CLUB COVER - UK P&I
KNOWLEDGE TO ELEVATE
The Coronavirus (COVID-19) pandemic has generated a significant number of enquiries and questions from Members in recent ...
Saturday, 11 April 20
KOEN POWER PLANTS INVITED BIDS FOR 1.5 -1.62 MMT OF STEAM COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,500,000-1,620,000 Metric Tons (M ...
Friday, 10 April 20
INDIA'S BULKS SUPPLY CHAIN TAKES A HIT DURING LOCKDOWN - WOOD MACKENZIE
India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is ...
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Showing 1016 to 1020 news of total 6871 |
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- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- The University of Queensland
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
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