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Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a senior company official told Reuters.
The world’s largest coal miner’s production fell to 573,000 tonnes per day over the three days, compared with a June average output of 1.29 million tonnes per day.
Offtake by customers, such as power generators, fell nearly 62% to an average of about 536,000 tonnes per day, the official said.
“The production was higher than what was initially anticipated internally,” the official said, adding that output increased progressively over the three days.
The state-run miner reported a third straight decline in monthly production in June, as national coronavirus lockdowns cut demand.
The company, which wants to produce 1 billion tonnes of coal by 2023/24, saw its annual output fall for the first time in more than two decades in 2019/20.
Provisional government data showed electricity demand fell 9.9% in June, suggesting a recovery amid greater consumption in industrial western states as India slowly lifts restrictions and allows factories and offices to operate.
However, analysts expect power usage during the current financial year to fall for the first time in decades.
Utilities have refrained from purchases of coal amid stockpiles expected to last for weeks and Coal India’s own inventory hitting record highs.
Source: Reuters (Reporting by Sudarshan Varadhan; editing by Jason Neely)
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Friday, 10 July 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
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- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
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