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Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while coal prices have also stabilised, the state planner said.
The government has since July approved capacity expansions at hundreds of coal mines across the country amid a widespread power shortage partly due to insufficient supply, and has rolled out a raft of measures to tame runaway coal prices which soared nearly 190% this year.
“Average daily coal production has reached more than 11.5 million tonnes for a few consecutive days since mid-October, hitting as high as 11.72 million tonnes,” said the National Development and Reform Commission (NDRC) in a statement issued on Sunday night.
Reuters calculations show that China’s new coal output rate puts it on pace to produce more of the fuel this year than ever before if the increase is sustained.
Meanwhile, daily coal supply to the key coal-fired power plants has topped to 8.32 million tonnes, the highest ever level in history.
That helps drive up total coal inventory at Chinese power plants to 106 million tonnes, up more than 28 million tonnes from end-September, and these could support 19 days of consumption, the NDRC said.
The NDRC estimated coal stocks at power plants to exceed 110 million tonnes within three days.
Spot prices for thermal coal with an energy content of 5,500 kilocalories have dropped to below 1,200 yuan ($187.35) a tonne at mines and to less than 1,500 yuan a tonne at ports, while most-traded thermal coal futures contract CZCcv1 plunged 51% in the last eight trading days, the state planner said.
Separately on Sunday, the NDRC said it has set up an online platform monitoring the implementation of long-term coal contracts signed between coal miners and downstream users, and the system will officially launch in early November.
China has repeatedly urged coal companies to strictly perform their contractual obligations at an aim to steady coal prices.
Source: Reuters
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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 ...
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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- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- London Commodity Brokers - England
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- The University of Queensland
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
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