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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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Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.
The global shipping industry is on course to perform better overall than we had previously ex ...
Friday, 13 November 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 ...
Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and ...
Monday, 09 November 20
SOUTH AFRICA: COAL MARKET CONDITIONS HAVE ' DETERIORATED MATERIALLY' - IEEFA
The Asian seaborne thermal coal pool is drying out
Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine i ...
Friday, 06 November 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 ...
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- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- The University of Queensland
- Deloitte Consulting - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
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