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Friday, 12 June 20
CHINA CURBS COAL IMPORTS AFTER 5 MONTHS OF RECORD INFLOWS - SOURCES: REUTERS
 China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as the country seeks to bolster the domestic coal industry.
China is curbing coal arrivals through import quotas and quality restrictions on downstream users, such as utilities, following record imports for the first five months of the year.
As a result, imports can take up to 90 days to clear from roughly 30 days previously, two traders said on condition of anonymity.
Three coal traders said the backlog meant fewer import tenders from clients – mostly utilities in eastern and southern China.
“There are only sporadic cases reported on import denial at this moment. But the market consensus is that more ports may strictly implement the quota policy,” one of the traders said.
Authorities are seeking to support struggling domestic coal miners, and analysts expect imports to fall by as much as a quarter in the second half from the corresponding 2019 period.
Traders at Fuzhou and Guangzhou ports have reported processing delays and protracted document inspections at Fuzhou and Guangzhou ports.
Fuzhou port declined to comment and Guangzhou port could not be reached for comment.
“Due to the coronavirus pandemic and relevant coal policies this year, coal imports are more stringent across the country. Coal purchase has been greatly affected in our company as we do not have an import quota,” Jiangxi Xinyuan Fuel Corp, a coal trading subsidiary of government-backed State Power Investment Corp (SPIC), said in a statement on Tuesday this week.
A Fuzhou port official also said the general customs bureau had set import quotas on utilities and the port authority had denied entry for some shipments that did not conform to quotas.
“I don’t know how or when exactly the quotas were set, but they were lower than previous years and seemed insufficient,” said the official, who is not allowed to speak to media.
Fuzhou port would not allow mooring of a cargo chartered by a power utility that had exceeded its import quota of 1.2 million tonnes in 2020, the Fuzhou port official said. The company previously imported more than 2 million tonnes of coal annually.
The General Administration of Customs did not immediately respond to a request for comment.
China’s coal imports totalled 148.71 million tonnes in the January-May period, up 16.8% on year.
Source: Reuters (Reporting by Muyu Xu and Gavin Maguire; additional reporting by Min Zhang and Beijing Newsroom; editing by Barbara Lewis)
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Thursday, 27 August 20
BANGLADESH POWER MINISTRY SEEKING AUTHORITY TO CANCEL 13,000 MW OF PROPOSED COAL-FIRED CAPACITY - BUSINESS STANDARD
In a bid to move away from dirty energy, the Ministry of Power, Energy and Mineral Resources is seeking the prime minister’s approval to conv ...
Wednesday, 26 August 20
ASIAN COAL PRICES LIKELY TO REMAIN DEPRESSED SAY TRADERS, ANALYSTS - REUTERS
Asian coal prices, which have fallen around 25% this year as power demand slumped due to the coronavirus outbreak, are unlikely to move higher befo ...
Wednesday, 26 August 20
WORLD COAL EXPORTS: INDONESIAN THERMAL COAL EXPORTS HAVE COME UNDER PRESSURE AS THERMAL COAL PRICES WEAKEN - REPORT
Indonesia’s exports to decline sharply from record highs
Indonesia is the world’s largest thermal coal exporter, sellin ...
Wednesday, 26 August 20
JAPAN'S COAL IMPORTS ARE BEING AFFECTED BY COMPETING INFLUENCES - REPORT
Japan is the world’s third largest thermal coal importer, importing an estimated 135 million tonnes of thermal coal in 2019. The country&rsqu ...
Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired p ...
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Showing 811 to 815 news of total 6871 |
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- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
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