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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY ABOUT 8% IN 2020,THE LARGEST DROP SINCE WORLD WAR II - IEA
 We expect global coal demand to fall by about 8% in 2020, the largest drop since World War II, with coal use declining in virtually every sector of every region in the world - IEA
Acording to IEA, in China, coal demand will decline in 2020 by around 5%, despite the gradual recovery since February lockdown. Coal-fired power generation will be hit especially hard, because the power system is crowded by low variable cost hydro, wind, solar and nuclear power. If a more favourable dispatch for coal power plants is established, this could offer some relief for coal power producers.
An even greater decline in coal demand is expected in India, where economic growth and power production are slowing significantly. Despite the recovery expected later in the year, a decline in coal power generation will push coal use down for the second year in a row.
IEA further noted that, in the rest of the world, coal demand will decline steeply in 2020. Even in Southeast Asia, the region with fastest growth in the recent years, where coal power generation is curtailed by lower electricity demand, especially in Malaysia and Thailand. We also expect significant declines in coal demand in advanced economies: by 25% in the United States, around 20% in the European Union, and 5% to 10% in Korea and Japan.
In the current situation, IEA said, the uncertainty about the outlook for coal is the highest among all fuels. In large part, this is because its use is concentrated in the power sector, and is strongly dependent on the level of electricity demand. In particular, coal is dominant in China and India, the largest and the third-largest electricity users in the world. In addition, the use of coal in power generation is squeezed by low-carbon generation, including hydro, wind, solar and nuclear power, which have been less affected by the Covid‑19 crisis. Hence, differences in economic activity and the associated electricity demand have an outsized effect on coal-fired electricity generation and overall coal consumption.
For example, global coal use could decline only half as much if China and other large consumers of coal recover more quickly from the crisis. Even so, many trends would remain unchanged, such as double-digit percentage drops in the European Union and the United States, single-digit declines in Japan and Korea, and a drop in India. In some markets, coal demand may even grow if recoveries are faster, such as in Southeast Asia, driven by Indonesia and Viet Nam.
Projections of 2020 coal trends need a final caveat regarding China, as the Chinese government has pledged to implement a fiscal and monetary stimulus to its economy. The magnitude and design of that stimulus – as well as how energy-, electricity- and coal-intensive it is – might change coal use trends significantly in China and therefore in the world.
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Wednesday, 01 April 20
TRADERS SCRAMBLE TO SELL CHEAP CRUDE CARGOES AS GLUT GROWS - REUTERS
Oil traders across the globe are offering cargoes far in advance as rapidly vanishing demand drives key physical crude prices to multi-decade lows, ...
Wednesday, 01 April 20
MARKET INSIGHT - INTERMODAL
There is an old, allegedly Chinese, saying suggesting that living in “interesting” times usually refers to times of trouble. The latest ...
Tuesday, 31 March 20
FREIGHT MARKET: DRY BULKERS - SPOT MARKET 23-29 MARCH 2020
Capesize
The rebound in freight rates resumed this past week, with rates man-aging to post further gains by week’s end. The BCI is in negat ...
Tuesday, 31 March 20
DRY BULK: Q1 HAS BEEN THE WORST QUARTER NOTED FOR MORE THAN 3 YEARS NOW - ALLIED RESEARCH
At this point, the Covid-19 pandemic seems to be monopolizing all market (as well as all other) discussions across the world and any market insight ...
Tuesday, 31 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.43 PCT - XINHUA
China Taiyuan coal transaction price index stood at 132.17 points Monday, down 0.43 percent week on week.
The index, released by Chi ...
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Showing 1031 to 1035 news of total 6871 |
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- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- The University of Queensland
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
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