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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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Wednesday, 12 August 20
THE COAL MARKET IN ITALY - ASSOCARBONI
Italy, which in 2019 reported a decrease in thermal coal imports, with a volume of 7,5 million tons (-32% compared to 11 million tons in 2018), whi ...
Wednesday, 12 August 20
U.S. COAL PRODUCTION IN 2020 WILL DECREASE BY 29% FROM 2019 LEVELS TO 502 MMST - EIA
U.S. coal consumption, which dropped to its lowest point since April, totaled 95 MMst in the second quarter of 2020.
EIA expec ...
Tuesday, 11 August 20
BHP COAL ASSETS WORTH A BILLION LESS THAN JUST TWO YEARS AGO - IEEFA
Another global investor, the UK’s biggest public pension fund NEST, has withdrawn funds from BHP this week because the company is profiting & ...
Monday, 10 August 20
COAL IMPORT DROPS 43% IN JULY OWING TO HIGH STOCKPILE AT PITHEADS, PLANTS - PTI
“The market participants seem to have adopted a wait and watch approach and are currently looking for a direction. We do not expect to see an ...
Saturday, 08 August 20
GLOBAL COAL POWER PUZZLE - BALTIC EXCHANGE
Global Energy Monitor’s latest Global Coal Plant Tracker has put another nail in the coffin for the coal-carrying fleet with its finding that ...
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- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
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- The University of Queensland
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- Medco Energi Mining Internasional
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- IEA Clean Coal Centre - UK
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- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
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- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
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- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
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- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
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- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
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- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
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- CIMB Investment Bank - Malaysia
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- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
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- Lanco Infratech Ltd - India
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- Maheswari Brothers Coal Limited - India
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- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
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- Aditya Birla Group - India
- Agrawal Coal Company - India
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- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
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- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
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- Renaissance Capital - South Africa
- Indian Energy Exchange, India
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- Georgia Ports Authority, United States
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- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
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- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
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- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
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- Tata Chemicals Ltd - India
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