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Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
 Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough to run India’s power plants for two months – greatly exceeding the average of the previous five years, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).
The note by analyst and guest contributor Charles Worringham says that while power plants have reduced their stocks from record peaks at the start of the year, an even greater quantity has built up at coal mine pitheads managed by Coal India and SCCL, reaching 103 million tonnes.
“As coal quality degrades with prolonged storage and has a heightened risk of spontaneous combustion, operators and the community would be very keen to see the reduction of these stocks being given priority over new coal production,” says Worringham.
“The record-level coal stockpiles should be able to meet any continuation of the current electricity demand surge even if domestic coal production, which dipped this financial year, remains static into the near future.
“In fact, these large stockpiles are likely to put downward pressure on domestic coal production growth.
“While this could be seen as an opportunity to rethink the nation’s coal requirements in the near and longer term, Coal India remains intent on expanding production at the same time as new commercial mining blocks are on offer.”
A second tranche of coal block auctions representing some 67 potential new mines was recently announced. This is despite India experiencing lower-than-expected coal use, in part due to the effect of the pandemic.
“Our analysis shows coal stockpiles are growing disproportionately relative to thermal power generation,” says Worringham.
“And the financial year just ending, FY21, also saw Coal India claim success in their drive to substitute imported coal with domestic production.
“If stockpiles can continue to build up in a year when, despite the pandemic, total electricity generation was stable, coal production slipped, and some imports were substituted, it does not augur well for massive production increases.
“This situation puts both Coal India’s billion tonne production plans for FY24 and the expansion of commercial domestic coal mining increasingly at odds with the reality of flat demand and a record quantity of stockpiled coal.”
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Monday, 23 August 21
CHINESE COAL PRODUCTION RISES 4.9 PCT IN 1ST 7 MONTHS OF 2021 - NBS
Official figures demonstrated that the Chinese raw coal production surged 4.9 percent annually to 2.26 billion tonnes in the January-July period of ...
Friday, 20 August 21
ARE WE LOOKING AT THE NEXT DRY BULK SUPER CYCLE? IS IT EVEN A CYCLE? - BIMCO
Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs ...
Friday, 20 August 21
BIMCO'S SHIPPING NUMBER OF THE WEEK: CHINESE IRON ORE IMPORTS FALL TO 14-MONTH LOW IN JULY - PETER SAND
Chinese iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. The fall in July means that accumulated imports are ...
Friday, 20 August 21
SOARING DEMAND FOR THE WORLD’S LEAST-LIKED COMMODITY SEES THERMAL COAL PRICES JUMP 106% THIS YEAR - CNBC
Soaring electricity demand, infrastructure woes and a surge in global gas prices have triggered an extraordinary rally for the world’s least ...
Friday, 20 August 21
CHINA’S IRON ORE IMPORTS CONTRACTED YEAR-ON-YEAR BY 2% IN 2018 AND GREW YEAR-ON-YEAR BY ONLY 1% IN 2019 - COMMODORE RESEARCH
Examining the last ten years of China’s crude steel output and iron ore imports shows that China’s iron ore imports have stayed r ...
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- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Economic Council, Georgia
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- The University of Queensland
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
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