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Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
 In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
Coal India (CIL), the world’s largest coal miner, on Tuesday reported around 7% year-on-year decline in its production to 195.54 million tonne during April to August as against 210.15 million tonne during the same period last year.
Coal off take also declined 13.4% y-o-y to 208.36 million tonne (MT) in the first five months of the current fiscal as compared with 204.65 MT in the corresponding period last fiscal, the state-run coal behemoth said in a stock exchange filing, Financial Express reported.
Financial Express furher said, the company’s production, however, rose 7.1% y-o-y to 37.17 MT in August, 2020 as against 34.70 MT in August, 2019. In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
“Coal India shrugging off the Covid-constricted growth and monsoonal downpour came back strongly in the month of August 2020 logging 9.3% growth in coal off take and 7.1% growth in coal output compared to August a year ago. For the first time in the ongoing fiscal, CIL has clocked growth in both the facets,” the company said in a release.
According to Financial Express, “The growth slowdown is contained and going forward in the ensuing months of the fiscal we endeavour to maintain our production and off-take tempo,” said a senior official of CIL.
Mahanadi Coalfields (MCL), a CIL subsidiary, recorded a 45.6% coal output growth despite having received 41% more rainfall in August, 2020 than a year ago month. Since the beginning of the monsoon from, June 1 till end August, 2020, MCL was beleaguered by 45% of increased rainfall compared to same period last year.
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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 befo ...
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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- Georgia Ports Authority, United States
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- Global Coal Blending Company Limited - Australia
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- The University of Queensland
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- Karbindo Abesyapradhi - Indoneisa
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- Minerals Council of Australia
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- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
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- Global Business Power Corporation, Philippines
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- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
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- LBH Netherlands Bv - Netherlands
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- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
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- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
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- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
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- Rio Tinto Coal - Australia
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- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
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- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
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- Eastern Energy - Thailand
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- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
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- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
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- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
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- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
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