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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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Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline
Coal prices have surged to the highest level in years in the U.S., and have soare ...
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- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- White Energy Company Limited
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
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