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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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Wednesday, 10 February 21
MARKET INSIGHT - INTERMODAL
We have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of ...
Tuesday, 09 February 21
SWITCHING COAL PLANTS TO PLN'S BIOMASS COFIRING PLAN IS NO MAGIC BULLET - IEEFA
Implementation risks for Indonesia PLN's switch from coal to biomass cofiring
PLN’s biomass cofiring plan will require not ...
Friday, 05 February 21
THE INDONESIA COAL PRICE REFERENCE FOR FEBRUARY 2021 SETTLES AT US$ 87.79 PER TON FOB VESSEL
COALspot.com: The Indonesia coal price reference for February 2021 settles at US$ 87.79 per ton FOB vessel. The February reference price is the hig ...
Thursday, 04 February 21
WHY BANGLADESH SHOULDN’T COUNT ON A FOSSIL FUEL FUTURE - IEEFA
Around US$50 billion of LNG projects in Asia at risk of cancellation
Two astonishing figures have circulated in the Asian energy sector in the ...
Wednesday, 03 February 21
INDONESIA TO EXPORT 395 MILLION TONS OF COAL IN 2021 - ESDM
Data from the Ministry of Energy and Mineral Resources shows that, Indonesia is planning to produce 550 million Ton of coal in 2021 and as of t ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Australian Coal Association
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- The University of Queensland
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
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