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Wednesday, 19 August 20
COAL PRICES TO REMAIN SUBDUED THIS FISCAL AMID WEAK DEMAND, HIGH INVENTORY - THE HINDU BUSINESS LINE
Coal offtake is improving gradually as lockdown eases
Coal prices are expected to remain subdued to weak demand and high inventory levels. While the non-coking coal import prices have shown signs of recovery as the power demand picked up over May 2020, the coking coal import price is yet to catch up because steel sector demand remains subdued.
Non-coking coal import prices in July declined by about 40 per cent from mid-January (pre-Covid levels) and the coking coal import prices have had fallen by about 25 per cent. Considering the nature of the respective end-user industries, the non-coking coal import prices are likely to pick up gradually while coking coal prices may still take a while to recover, said a India Ratings report.
Production and offtake are subdued till July due to employees union strikes at mines against privatisation combined with the onset of the monsoon season. Domestic coal production was down for the third consecutive month in June on the back of a low power demand and high piling inventory at power stations. The offtake is improving slowly with gradual relaxation in lockdown norms.
China bounces back
However, China’s coal production has bounced back to exceed the previous year’s performance, despite the Covid outbreak, it said.
Domestic coal imports are likely to have been lower in July due to the low domestic demand from end-user industries amid the Covid outbreak.
The government has mandated Coal India to replace at least 100 tonnes of avoidable imports with domestic coal in this fiscal, to reduce imports. The share of imports in the total domestic consumption reduced to 22 per cent in June from 28 per cent in FY’20. While the non-coking coal imports reduced 34 per cent, coking coal imports declined 41 per cent.
Faster implementation of commercial coal mining and associated reforms will be key for a more deregulated and competitive scenario.
Some States’ resistance over environmental concerns for some mines on offer is likely to stall the auction of these blocks. Furthermore, a global shift towards green fuels and simultaneous withdrawal from coal-based energy may be a key challenge to participation of industry players.
Source: The Hindu Business Line
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Thursday, 11 June 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 ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
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- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Australian Coal Association
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
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