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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, 05 March 20
INDONESIA'S BUKIT ASAM 2019 OUTPUT RISES 10.2% Y/Y - REUTERS
PT Bukit Asam, Indonesia’s state-owned coal miner, said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes.
Coa ...
Thursday, 05 March 20
SEEING REMOTELY - IN SAFETY: BUREAU VERITAS PERFORMS FIRST SURVEY BY DRONE - BUREAU VERITAS
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection and certification (TIC) services has completed its first survey by ...
Wednesday, 04 March 20
AN EPIDEMIC OF UNCERTAINTY - THE CORONAVIRUS AND FORCE MAJEURE - WFW
KNOWLEDGE TO ELEVATE
Do the effects of the coronavirus give rise to legitimate force majeure claims in connection with shipbuilding contracts ...
Wednesday, 04 March 20
CHINA IMPORTED 76.8 MLN TONNES OF CRUDE OIL FOR JANUARY & FEBRUARY 2020; UP 3.4% YOY - REFINITIV | BC
The COVID-19 crisis has been gripping China already for almost two months now. It’s having a huge negative impact on the economy, and this is ...
Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
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- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
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