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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, 25 November 20
CHINA KICKS AN OWN GOAL WITH AUSTRALIAN COAL - FORBES
China’s annoyance at Australia’s hardline stance on political interference and demands for an independent inquiry into the root cause o ...
Wednesday, 25 November 20
MINISTER - INDONESIA JAN-OCT COAL OUTPUT AT 459 MILLION TONNES - REUTERS
Indonesia coal output in the January to October period was 459 million tonnes, the country’s energy minister told parliament on Monday.
& ...
Wednesday, 25 November 20
INDIA: MORE STEPS NEEDED TO MAKE COMMERCIAL COAL MINING ATTRACTIVE TO GLOBAL PLAYERS - LIVEMINT
India concluded its first commercial coal mine auctions earlier this month. A total of 19 coal mines spread across Madhya Pradesh, Jharkhand, Odish ...
Wednesday, 25 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.38 PCT - XINHUA
China Taiyuan coal transaction price index stood at 129.21 points Monday, up 0.38 percent week on week.
The index, released by China ...
Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
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- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
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- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
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- Therma Luzon, Inc, Philippines
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- SMC Global Power, Philippines
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- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
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- Parliament of New Zealand
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- PNOC Exploration Corporation - Philippines
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- Standard Chartered Bank - UAE
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- The University of Queensland
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- Metalloyd Limited - United Kingdom
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- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
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- TNB Fuel Sdn Bhd - Malaysia
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- Price Waterhouse Coopers - Russia
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- Electricity Authority, New Zealand
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- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
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- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
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- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- MS Steel International - UAE
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
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- Economic Council, Georgia
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- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
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- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Indian Energy Exchange, India
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- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
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- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
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- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
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