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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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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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- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- CNBM International Corporation - China
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
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