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Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts in recent weeks.
Three major coal-producing provinces have pledged to increase production, Chinese news agency Caixin said.
Several provinces across the country have been suffering from blackouts since the middle of last month.
Demand for electricity is soaring as the country emerges from lockdowns.
North China’s Inner Mongolia region has told more than 70 mines to boost annual output capacity by nearly 100 million tonnes, according to the Reuters news agency, citing a government official and coal traders.
The area is the country’s second-largest producer of coal.
The proposed increase in output of 100 million tonnes would amount to almost 3% of China’s total annual thermal coal consumption.
The move is the latest attempt by authorities to increase coal supplies as prices hit record highs and electricity shortages have forced energy firms to ration power in large parts of the country.
Last week China’s state planner, the National Development and Reform Commission, called on mining companies and power firms to sign up to new agreements to resolve the problem.
Since last month, a series of power cuts has forced factories to cut back production or stop operations completely.
Manufacturing hubs in the northeast of China have been hit particularly hard.
In recent weeks, energy shortages have raised concerns in countries around the world, including the UK, mainland Europe and India.
UK consumers have been warned that household energy bills are set to rise sharply as prices surge on the wholesale market.
Meanwhile, India is on the brink of an unprecedented energy crisis as the country’s power suppliers are struggling to secure enough coal to meet rising demand for electricity.
Source: BBC
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Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
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- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Deloitte Consulting - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- The University of Queensland
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
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