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Tuesday, 16 November 21
CHINA'S MONTHLY COAL OUTPUT RISES TO HIGHEST SINCE MARCH 2015 - REUTERS
China’s October coal output rose to the highest since at least March 2015, after Beijing approved a raft of coal mine expansions to tame record prices and boost supply.
The world’s biggest producer and consumer of the dirty fossil fuel churned out 357.09 million tonnes of coal last month, up from 334.1 million tonnes in September, data from the National Bureau of Statistics showed on Monday.
Output over the first 10 months of 2021 was 3.3 billion tonnes, up 4% year-on-year.
Since July, China has approved expansions at more than 153 coal mines, which could add 55 million tonnes of coal output in the fourth quarter, the National Development and Reform Commission (NDRC) said last month.
The central government, striving to put an end to power shortages, has also forbidden local governments to shut coal mines without authorisation and urged a restart at closed mines as soon as they have rectified any problems.
The increase comes as India, backed by China and other coal-dependent developing nations, brokered a last minute amendment at the COP26 climate talks in Glasgow at the weekend to change the final wording of the agreement to “phase down” rather than “phase out” the use of coal.
President Xi Jinping said earlier this year that China will start cutting its use of coal from 2026. Thermal coal currently provides about 60% of the country’s electricity needs,
China’s top planning body said last Thursday that daily coal production had reached a record high of 12.05 million tonnes, after a cold snap a week earlier knocked daily output down by more than 1 million tonnes.
Spot thermal coal prices have fallen to about half their levels of a month ago at about 1,000 yuan ($156.70) a tonne at northern ports, thanks to the raft of intervention measures rolled out by Beijing.
The most-traded Zhengzhou thermal coal futures contract plunged 6.1% in early Monday morning trade to 819.4 yuan a tonne.
However, traders and analysts are still wary of domestic coal supply in the upcoming winter when bleak weather typically curbs operations at open-pit mines and impedes logistics.
Source: Reuters
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Thursday, 12 August 21
ONLY 3 VLCCS SOLD FOR DEMOLITION IN 2021 AS SECONDHAND PRICES TEMPT - BIMCO
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current mar ...
Wednesday, 11 August 21
U.S: EIA EXPECTS COAL EXPORTS TO TOTAL 90 MMST IN 2021, 30% INCREASE FROM 2020
Coal production in EIA's forecast totals 607 million short tons (MMst) in 2021, an increase of 13% over 2020.
EIA is also ...
Wednesday, 11 August 21
MARKET INSIGHT - INTERMODAL
Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge. Policy experts around the world a ...
Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNB ...
Monday, 09 August 21
AIIB MAY OFFICIALLY END COAL FINANCING IN 2022 - CHINA DAILY
The Asian Infrastructure Investment Bank may officially rule out coal projects if it updates its energy strategy next year, after shunning funding ...
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- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
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