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Monday, 09 August 21
CHINA COAL INVENTORY THINS AMID PEAK POWER DEMAND- STATE MEDIA : REUTERS
China’s coal inventories have dropped to near historic lows since August due to peak summer electricity demand and transportation bottlenecks exacerbated by last month’s severe floods and typhoon, state media reported.
To cope with tight coal supplies the government has rallied top miners, such as China National Coal Group and Jinneng Holding Group to ramp up supplies and also pledged to release more fuel from the state reserve.
Coal stocks held by miners have fallen 26% year-on-year and inventories at key ports dropped 21%, state television reported, without giving specific stock levels.
Inventories at major power plants have each dropped 21% and 26.7% from a year ago, it added.
As a result, spot thermal coal prices at northern ports hovered near record highs of more than 1,050 yuan ($162.44) per tonne.
Citing an official with China Coal Industry Association, the report said Chinese coal consumption had in the first half of 2021 expanded by one-tenth over a year earlier to 2.1 billion tonnes.
Source: Reuters
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Thursday, 24 June 21
FEBRUARY'S INCREASE IN COAL-FIRED ELECTRIC GENERATION REDUCED U.S. COAL STOCKPILES - EIA
Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in Feb ...
Wednesday, 23 June 21
MARKET INSIGHT - INTERMODAL
The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong ma ...
Thursday, 17 June 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR GLOBAL SEABORNE COAL TRADE; CHINA'S COAL IMPORTS - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade.
Total global loadings in the 12 months of 2020 were down -12 ...
Thursday, 17 June 21
FITCH RATINGS RAISES SHORT-TERM OIL AND GAS PRICE ASSUMPTIONS
Fitch Ratings has increased its 2021 and 2022 oil price assumptions for the Brent and West Texas Intermediate (WTI) benchmarks due to stronger year ...
Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
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- Indian Energy Exchange, India
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- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
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- Planning Commission, India
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- MS Steel International - UAE
- Minerals Council of Australia
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- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
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- Tamil Nadu electricity Board
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- Australian Coal Association
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- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
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- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
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- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
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- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
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- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
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- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
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- Siam City Cement - Thailand
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- Bangladesh Power Developement Board
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- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
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- Petron Corporation, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
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- Bulk Trading Sa - Switzerland
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- GAC Shipping (India) Pvt Ltd
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- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
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- Eastern Coal Council - USA
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- Bank of Tokyo Mitsubishi UFJ Ltd
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