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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
 Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year period is unprecedented in IEA records, which go back as far as 1971, said IEA in its latest Coal 2020 report.
IEA report furhter noted that, Based on the assumption of a global economic recovery in 2021, we expect both electricity demand and industrial output to increase. As a result, we forecast a rebound in global coal demand of 2.6%, led by China, India and Southeast Asia. Higher natural gas prices and electricity demand are set to slow the structural decline of coal use in the European Union and the United States, which both might see their coal consumption grow for the first time in nearly a decade.
According to IEA, by 2025, global coal demand is forecast to flatten out at around 7.4 billion tonnes. Trends are expected to vary by region over the next five years. In Europe and North America, coal continues its decline after a temporary uptick in 2021. Given that the combined coal consumption of the European Union and the United States now represents around 10% of global coal use, further declines in those markets will have a limited effect at a global level. In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese government’s 14th Five-Year Plan. China’s pledge of reaching carbon neutrality before 2060 requires a long-term roadmap to enable the smooth transition of an economy which consumes 4 billion tonnes of coal each year.
India and some other countries in South and Southeast Asia are forecast to increase coal use through 2025 as industrial production expands and new coal-fired capacity is built. In India, however, the demand outlook to 2025 is considerably lower than it was a year ago as a result of the pandemic. By 2025, ASEAN will become the third-largest coal-consuming region, surpassing the United States and the European Union.
In 2020, some countries made pledges that involve reducing coal use in the coming years (Korea, Japan), downsizing planned coal expansion (Viet Nam, Bangladesh, Philippines), and cancelling plans for coal development (Egypt).
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Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...
Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...
Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The Ministry of Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...
Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes (mt) i ...
Wednesday, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...
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- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- PTC India Limited - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Australian Coal Association
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- CNBM International Corporation - China
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