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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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Tuesday, 14 December 21
COAL LOCK-IN IN SOUTHEAST ASIA PRESENTS A CHALLENGE FOR THE ASIAN DEVELOPMENT BANK'S COAL RETIREMENT PLAN - IEEFA
In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire ...
Saturday, 11 December 21
BUNKER BUYERS LOSE UP TO $5/MT FOR NOT COVERING ENOUGH SUPPLIERS - INTEGR8 FUELS
With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen ...
Tuesday, 07 December 21
SUPERCYCLE DEMAND: ARE WE THERE YET? - WOOD MACKENZIE
Taking young children on a long journey is fraught with challenges, not least the inevitable question a few minutes after leaving: are we there yet ...
Tuesday, 07 December 21
COAL WOULD REMAIN ENERGY LEADER FOR AT LEAST 15 YEARS - LIVEMINT
Coal India Ltd (CIL) has been in the eye of the storm after fuel stocks at coal-fuelled power plants depleted in October. Fuel stocks since are bei ...
Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping su ...
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- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Planning Commission, India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Australian Coal Association
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
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