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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 lower than in the first seven months of 2020. Imports this year have totalled 649.0 million, a 1.5% decline from January to July 2020. In July, imports were down 21.4% from the same month in 2020 when they reached a record high of 112.7m tonnes.
Steel production declines following government restrictions
In addition to the July drop in iron ore imports China’s steel production fell to 86.8m tonnes (source: NBS China) as the government seeks to impose limits on steel production to meet climate emissions goals. Chinese steel production was strong in the first six months of the year, and with a resilient domestic demand, it appears that the government restrictions are limiting further growth rather than the actual appetite for steel.
“A decline in Chinese iron ore imports following record-breaking imports in the first six months to the year seemed inevitable viewing that the Chinese government wishes to keep emissions growth in check. However, as demand for steel remains strong in China, it remains to be seen to which extend the Chinese government will continue to limit steel supply due to environmental concerns,” says Peter Sand, BIMCO’s Chief Shipping Analyst.
Strong iron ore imports from Brazil
In the first six months of the year, which is the most recent data available by origin, Brazil is the only major exporter of iron ore to China that has experienced growth. Brazilian export volumes are up by 14.3% in the first half of the year, reaching 108.3 million tonnes, and thereby cementing its second spot. This is however still down from the record of 109.2m tonnes of iron ore which China imported from Brazil in the first six months of 2017. Australia remains solidly in the top spot despite a fall in imports. In the first six months of the year imports from Australia have fallen by 1.3% to 344.8 million tonnes.
Source: BIMCO, By Peter Sand, Chief Shipping Analyst
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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
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 ...
Friday, 13 August 21
INDONESIA’S COAL EXPORTS TO JAPAN DECLINED BY -26.3% YOY TO 11.9 MLN TONNES IN THE FIRST 7 MONTHS OF 2021; STILL THE SECOND LARGEST SOURCE FOR JAPAN’S COAL IMPORTS IS INDONESIA - 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 -12.7% year-on-yea ...
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- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Central Electricity Authority - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
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