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Friday, 15 May 20
CHINA'S COAL CONSUMPTION TO FALL Y/Y IN SECOND QUARTER, IMPROVEMENT EXPECTED IN SECOND HALF - INDUSTRY BODY: REUTERS
 China’s coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second half of 2020 as Beijing’s stimulus efforts boost demand, an industry body said on Thursday.
The China National Coal Association said industrial and economic activities were unlikely to fully restart in the current quarter due to coronavirus control measures, which would weigh on demand for coal.
“The decline of coal consumption will be narrowed in the second quarter but the oversupply situation in the market will not change, and the downward pressure on coal prices will increase,” the association said in a report.
Chinese authorities have reported dozens of new coronavirus cases since Sunday and have reclassified a city in the northeastern province of Jilin as high-risk, stoking fears of a new wave of infections.
The world’s largest coal consumer used around 870 million tonnes of the fuel in the first quarter, down 6.8% from the same period last year, the report showed.
The power sector’s coal consumption fell 6.8% to 507 million tonnes, while that of the construction sector plunged 24.7% to 65 million tonnes.
Coal production, however, only dipped 0.5% in the first three months of the year to 830 million tonnes, as miners cranked up output in response to Beijing’s call for ensuring fuel supply.
Spot prices of benchmark thermal coal with energy content of 5,500 kilocalories per kg was 481 yuan ($67.78) a tonne on Wednesday, below the “green zone” prices set by the state planner of 500-570 yuan.
The coal association also warned of replacement of coal-fired power with non-fossil fuel sources in the second quarter, as increasing rainfall in southern China will boost hydropower generation.
“In the second half of the year, total coal consumption will see improvement from the first six months as China will implement the policies to boost domestic demand and bring industrial and economic growth to a normal level,” said the coal association, without giving detailed numbers in the estimation.
The National Development and Reform Commission said on Wednesday the country will firmly expand domestic demand and step up investment in both traditional and new infrastructure projects.
Source: Reuters (Reporting by Muyu Xu and Shivani Singh; Editing by Aditya Soni)
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Friday, 27 March 20
CHINA'S BULKS: THE SENTIMENT GAP BETWEEN STEEL AND COAL WIDENS - WOOD MACKENZIE
China seems to be containing its local coronavirus situation, with imported cases now posing the greater threat. While quarantine measures remain t ...
Friday, 27 March 20
S.KOREA Q1 THERMAL COAL IMPORTS SET FOR 10-YR LOW ON ANTI-POLLUTION MEASURES - REUTERS
South Korea’s first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronaviru ...
Friday, 27 March 20
PORT OF NEWCASTLE OPERATIONS CONTINUE WITH COVID-19 RESPONSE MEASURES IN PLACE
Port of Newcastle, like many organisations, is taking a precautionary approach to help manage COVID-19 risks in the community. Our focus is on ensu ...
Thursday, 26 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 ...
Wednesday, 25 March 20
CORONAVIRUS CRISIS IS CRUSHING GLOBAL GDP GROWTH - FITCH RATINGS
The coronavirus crisis is crushing global GDP growth according to Fitch Ratings in its latest quarterly “Global Economic Outlook” (GEO) ...
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- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Australian Coal Association
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- VISA Power Limited - India
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
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