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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, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...
Wednesday, 29 September 21
THE WRITING IS ON THE WALL: AUSTRALIA’S COAL ERA IS OVER - YAHOO!FINANCE
As the fringe of Australian politics strives to pump up the coal industry, facts show that coal production has started its long run decline.
&n ...
Wednesday, 29 September 21
SURGING COAL PRICES SPLIT ASIAN BUYERS INTO RICH AND POOR - REUTERS
As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers suc ...
Wednesday, 29 September 21
MARKET INSIGHT - INTERMODAL
Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market. Tanker rates have been hovering close to the ...
Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
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- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- The University of Queensland
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
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