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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, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Bhatia International Limited - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Planning Commission, India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
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