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Monday, 12 April 21
CHINA'S ECONOMIC RECOVERY PUSHES COAL MINES TO INCREASE YIELD - GLOBAL TIMES
China’s fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising prices, an energy expert said following a meeting requiring coal plants to increase production to the maximum level.
The nation’s top economic planner, the National Development and Reform Commission (NDRC) convened a meeting of the coal department of the National Energy Administration, China Railway, state-owned generators, coal miners Shenhua China and China Coal Group, the world’s largest public coal terminal Qinhuangdao Port, and relevant associations on Wednesday, futures news site qhrb.com reported, citing people familiar with the matter.
The power generators said that coal prices are elevated, with the average exceeding 760 yuan ($116) per ton, according to the report. Coal inventories are low but daily consumption is high, and some companies said they desperately need coal for later this month and in May.
Some coal giants said that coal output in the first quarter rose 15 percent year-on-year, qhrb.com said.
“China’s brisk economy drove up power demand, causing tight coal supplies and rising prices,” Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University told the Global Times on Thursday.
Even though renewable energy for power generation is frequently discussed in relation to China’s carbon neutrality goal, Lin said that the contribution of such sources remains small.
In the first two months of 2020, electricity use in regions served by State Grid Corp of China grew 21.3 percent year-on-year, showing that China’s economy was firing on all cylinders.
Lin added that there is no coal shortage at present as China’s production capacity is enough, even if coal imports – which play a supplementary role – dropped in the first two months.
Official data revealed China’s coal imports dived 39.5 percent year-on-year to 41.126 million tons in January and February.
At Wednesday’s meeting, the NDRC told companies to increase coal production and set targets for them. It also said that coal prices should be stabilized and that producers should avoid price hikes, qhrb.com reported.
Coal imports should serve the domestic economy, the commission added.
Separately, the national coal transportation and distribution association summoned 12 companies on Thursday to learn about the coal market in Northeast China and the eastern part of the Inner Mongolia Autonomous Region.
Some companies vowed to strengthen the monitoring of coal demand, output and shipments, and they vowed to enhance emergency supplies of the fossil fuel.
Source: Global Times
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Wednesday, 03 February 21
MARKET INSIGHT - INTERMODAL
"2020 the year from hell for the entire world, had everything for shipowners. The introduction of the sulphur cap and VLSFO, a Pandemic outbre ...
Tuesday, 02 February 21
WILL THE ELECTRONIC B/L BE FULLY IMPLEMENTED? FIVE POINTS TO CONSIDER - MOL
KNOWLEDGE TO ELEVATE
The trend towards digitization of Bills of Lading (B/L) has begun to attract attention in the trade and shipping industrie ...
Monday, 01 February 21
A 56,000-DWT OPEN MANILA WAS FIXED FOR A TRIP VIA INDONESIA REDELIVERY CHINA AT $11,500 - THE BALTIC BRIEFING
Capesize
The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. D ...
Monday, 01 February 21
PAKISTAN: COAL DEMAND EXPECTED TO SPIKE IN 2021 - DAWN
Coal demand is expected to remain upbeat in 2021 as more coal-fired and captive power plants are coming up in the current year.
Acco ...
Friday, 29 January 21
COAL EXPORTS FROM AUSTRALIA TO MAINLAND CHINA DECLINED BY -22.2% Y-O-Y IN 2020 - BANCHERO COSTA
In the 12 months of 2020, global seaborne coal trade declined by as much as -12.7% year-on-year, according to vessel tracking data from Refinitiv, ...
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- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Bhatia International Limited - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
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- Meralco Power Generation, Philippines
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- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
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