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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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Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 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 ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
Wednesday, 11 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.07 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.
The index, released by China ...
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Showing 1071 to 1075 news of total 6871 |
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- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- White Energy Company Limited
- Mercator Lines Limited - India
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
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