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Wednesday, 26 August 20
ASIAN COAL PRICES LIKELY TO REMAIN DEPRESSED SAY TRADERS, ANALYSTS - REUTERS
 Asian coal prices, which have fallen around 25% this year as power demand slumped due to the coronavirus outbreak, are unlikely to move higher before the end of 2020 as utilities work through inventories, traders and analysts said.
Coal prices have slumped to near five-year lows after falling by a third last year and are now at around $50 a tonne, a level not seen since 2016.
“We are bouncing along the bottom,” said Dale Hazelton, coal analyst at Woodmac in Singapore. “There was such a demand shock with the global lockdown, which greatly reduced power demand and that leads to greatly reduced coal demand.”
Producers will take a while to cut output to balance out supplies to the market and inventories are high for many utilities in Asia.
Year-on-year demand is going to be down about 60 million to 70 million tonnes, Hazelton said.
Global demand is expected to reach around 5,600 million tonnes by 2024, the International Energy Agency said in a recent report.
In Japan, big utilities are burning more liquefied natural gas (LNG), not only due to lower prices but also because they have contractual supply obligations that are hard to avoid, said a coal specialist at one of Japan’s trading houses.
Prices for LNG have risen in recent months due to supply constraints and seasonal demand increases but they remain well below historical highs.
Adding to the Asian coal market woes are restrictions by China on imports, especially from Australia, due to strict quotas that many analysts argue are partly politically motivated due to tensions between the countries.
“It’s really hard to say how the quota will impact imports because it is only a tiny part of the national supply and demand balance,” said a China-based analyst, who requested anonymity due to sensitivity of the issues.
The following graphic compares returns for prices this year of coal (blue) and LNG (purple), the main fuels for producing electricity in the region.
Source: Reuters (Reporting by Aaron Sheldrick; Editing by Krishna Chandra Eluri)
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Thursday, 27 August 20
BANGLADESH POWER MINISTRY SEEKING AUTHORITY TO CANCEL 13,000 MW OF PROPOSED COAL-FIRED CAPACITY - BUSINESS STANDARD
In a bid to move away from dirty energy, the Ministry of Power, Energy and Mineral Resources is seeking the prime minister’s approval to conv ...
Wednesday, 26 August 20
WORLD COAL EXPORTS: INDONESIAN THERMAL COAL EXPORTS HAVE COME UNDER PRESSURE AS THERMAL COAL PRICES WEAKEN - REPORT
Indonesia’s exports to decline sharply from record highs
Indonesia is the world’s largest thermal coal exporter, sellin ...
Wednesday, 26 August 20
JAPAN'S COAL IMPORTS ARE BEING AFFECTED BY COMPETING INFLUENCES - REPORT
Japan is the world’s third largest thermal coal importer, importing an estimated 135 million tonnes of thermal coal in 2019. The country&rsqu ...
Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired p ...
Tuesday, 25 August 20
INDIA'S IMPORTS FALL AS LOCKDOWNS IMPACT THE POWER AND INDUSTRIAL SECTORS - REPORT
India is the world’s second largest thermal coal consumer and importer, importing an estimated 211 million tonnes of thermal coal in 2019.&nb ...
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Showing 811 to 815 news of total 6871 |
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- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
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