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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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Monday, 29 June 20
ULTRAMAX: A 58,000 FIXING DELIVERY SINGAPORE TRIP, VIA EAST COAST INDIA, REDELIVERY CHINA IN THE LOW $12,000S - BALTIC BRIEFING
Capesize
As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a ba ...
Saturday, 27 June 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 26 June 20
WHAT TODAY'S BAILOUTS CAN DO FOR TOMORROW'S ECONOMIES - WORLD ECONOMIC FORUM
The COVID-19 crisis provides an opportunity for governments to build fairer, more sustainable and more resilient economies.
Governments a ...
Thursday, 25 June 20
ALL YOU WANT TO KNOW ABOUT COAL MINE AUCTIONS - THE HINDU BUSINESS LINE
Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announc ...
Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...
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- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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