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Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
 China's coal imports boomed in 2019, surprising many who had expected the government would clamp down strictly on shipments.
Even this year, with the pandemic hitting hard the world economy, and global demand for coal crashing, imports to China remained surprisingly resilient, Banchero Costa research said in its latest report.
The report further noted that, however, the third quarter of 2020 proved to be much more disappointing than the rosy first half of the year.
In the first 9 months of 2020, China imported 197.8 mln tonnes of coal by sea (including both thermal and coking), according to vessel tracking data from Refinitiv. This represents a net decline of -2.5% y-o-y compared to the 202.8 mln tonnes imported in the same period of 2019, but is still significantly higher than the 181.1 mln tonnes imported in Jan-Sep 2018, and the 178.3 mln tonnes in the same period of 2017.
According to the report, things started very well in the first quarter of 2020. In the first 3 months of the year, China imported 69.4 mln tonnes of coal, which was a +14.8% increase on the same period last year. Things were more disappointing in the second quarter of 2020. The country imported 70.4 mln tonnes of coal in the April-June period, essentially flat on the first quarter, and just +1.8% compared to the same period last year. Things went really downhill in the third quarter. In the July- September period, China imported just 58.0 mln tonnes of coal, which was a sharp -20.8% less than in the same quarter last year.
Banchero Costa’s report also noted, China routinely restricts imports of coal to help domestic miners through a wider effort to reduce the fuel dependency of the country. For a nation that consumes and produces half of the world's coal, the strength of China's import curbs may vary based on the competing priorities of the government to protect domestic miners and power plants. In previous years, China’s coal imports tended to taper off in the fourth quarter, as imports reached official or unofficial annual quotas.
For import volumes to halt so sharply so early in the year is therefore worrying, as even sharper cutbacks could now be expected in the final quarter. Despite much press coverage of supposed restrictions on Australian coal, allegedly a consequence of the deteriorating political relations between Australia and China, it is actually Indonesia that has seen the sharpest fall this year.
Banchero Costa also said in its report that, Indonesia had been the main beneficiary in last year’s increase in China’s demand for coal. In the 12 months of 2019, China imported 124.4 mln tonnes of coal from Indonesia, up +15.1% y-o-y. This year, however, imports from Indonesia declined by a sharp -16.4% y-o-y, to 80.2 mln tonnes in the first 9 months of 2020.
Imports from Australia had also increased by +6.6% y-o-y last year, despite the widely reported Customs clearance difficulties and port restrictions, to 89.7 mln tonnes in the 12 months of 2019.
This year, despite all the politics, coal shipments from Australia to China continued to increase, rising by +0.8% y-o-y in the Jan-Sep period of 2020 to 68.7 mln tonnes.
Elsewhere, volumes from Russia have continued to grow as more export capacity has become available, especially on small vessels from Russia’s Far East ports – total seaborne volumes to China increased by +29.5% y-o-y to 25.3 mln tonnes in the first 9 months.
Exports from Ukraine to China also surged, by a massive 78.9% y-o-y to 5.8 mln tonnes in the first three quarters of 2020.
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Friday, 14 August 20
EIA: COAL PLANTS UNECONOMICAL IN MOST REGIONS - IEEFA
U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables ...
Thursday, 13 August 20
INDIA SHOULD RECORD A SLIGHT DECREASE IN THERMAL COAL IMPORTS, REACHING A VOLUME OF 167 MILLION TONS BY THE END OF 2020 - ASSOCARBONI
Regarding 2020 thermal coal imports forecasts, Vietnam’s coal imports showed a very strong growth in the first half of 2020 and it is believe ...
Thursday, 13 August 20
INDONESIA REMAINS THE LARGEST EXPORTER OF COAL IN THE WORLD - ASSOCARBONI
According to the last Assocarboni data for 2019, Indonesia remains the largest exporter in the world. Thermal coal exports have in fact reached 456 ...
Wednesday, 12 August 20
VIETNAM WAS THE PROTAGONIST OF A SIGNIFICANT INCREASE IN COAL IMPORTS IN 2019 - ASSOCARBONI
The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.
According to Assocarbon ...
Wednesday, 12 August 20
THE COAL MARKET IN ITALY - ASSOCARBONI
Italy, which in 2019 reported a decrease in thermal coal imports, with a volume of 7,5 million tons (-32% compared to 11 million tons in 2018), whi ...
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- Romanian Commodities Exchange
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
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