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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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Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Sunday, 07 June 20
A SCRUBBER FITTED 61,000 ULTRAMAX WAS FIXED DELIVERY PHILIPPINES TRIP VIA SOUTH AFRICA REDELIVERY VIETNAM AT $9,500 - BALTIC BRIEFING
Capesize
The small flicker of hope at the beginning of this week has kindled a small fire under the Capesize market. At a paltry $3369 from the ...
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- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Economic Council, Georgia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
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