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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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Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
Thursday, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
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- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
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