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Monday, 12 April 21
GLOBAL COAL PRODUCTION EXPECTED TO RISE BY 3.5% IN 2021, SAYS GLOBALDATA
 Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%). These were only partially offset by increases in China (4%) and India (0.7%). Additionally, during the last year, there was an estimated 3.5% reduction in the global thermal coal demand, while the world’s mettullurgical coal demand fell by 5.9%. However, global coal production is set to recover by 3.5% to 8bnt in 2021, according to GlobalData, a leading data and analytics company.
With the US coal industry already challenged by high production costs and low natural gas prices, the country’s output was severely impacted by the COVID-19 pandemic, with key companies halting their operations as part of preventive measures. Additionally, a decline in domestic demand as well as export market demand affected output from Indonesia and Russia.
Global coal production is expected to grow at a compound annual growth rate (CAGR) of 2.3% between 2021 and 2025 to reach 8.8bnt in 2025. While thermal coal production is expected to have a relatively marginal 2% CAGR to reach 7,549.6Mt, metallurgical coal is forecast to register stronger growth of 4.2% per year, to reach 1,216.9Mt in 2025.
Vinneth Bajaj, Associate Project Manager at GlobalData, comments: “India will be the largest contributor to this growth. Its production is expected to increase from 777.7Mt in 2020 to 1.2bnt in 2025. This will be followed by China, Indonesia, Australia and South Africa, whose combined production is expected to increase from an estimated 5bnt in 2021 to 5.43bnt in 2025. Other countries that are anticipated to bounce back strongly during 2021 include the US (9.3%) and Russia (8.4%). In contrast, production from Australia is expected to decline by around 4% in 2021, mainly because of concerns over the future of China-Australia trade.”
Looking ahead, 2.5% growth is expected in China in 2021, supported by the commencement of projects including Dahaize and Xinjiang Zhundongs. In addition, India, which, after flagging coal as an essential commodity, reported 0.7% growth in 2020, is expected to deliver 9% growth in output to reach 827.8Mt in 2021. The commercial auction of coal mines in India is expected to be a key production booster for the world’s second-largest coal producer. In early 2020, the Indian Government gave clearance to begin operations for 10 coal projects that included Kusmunda (62.5Mt at full capacity) in Chhattisgarh, and Rajmahal (24Mt) and Lakhanpur (21Mt) in Jharkhand.
Source: GlobalData
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Friday, 12 March 21
BATTERIES ARE REPLACING COAL NOT GAS - IEEFA
No amount of government subsidies can halt gas’s decline
Batteries are replacing coal not gas.
Today the early ...
Friday, 12 March 21
RENEWABLES SHOULD BE FOCUS OF VIETNAM’S DRAFT PDP8, NOT COAL AND GAS - IEEFA
Evidence was clear to inform the next stage of Vietnam’s power development
Vietnam’s recently published draft power deve ...
Thursday, 11 March 21
U.S. TO PRODUCE 581 MMST IN 2021, UP 8% FROM 2020 - EIA
EIA expects U.S. coal production to total 581 MMst in 2021, 42 MMst (8%) more than in 2020. In 2022, EIA expects coal production to rise by a furth ...
Thursday, 11 March 21
MARKET INSIGHT - INTERMODAL
Assessing the ship repair sector during the first months of 2021, we have come across a new era in which Owners chose the shipyards to repair their ...
Monday, 08 March 21
MARCH 2021 INDONESIA COAL PRICE REFERENCE SETTLES LOWER
COALspot.com: The Indonesia coal price reference for March 2021 settles at US$ 84.49 per ton FOB vessel.
The Indonesia coal pr ...
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- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
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