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Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and 2021, significantly outpacing all other commodities which combined grew at an average of just 4.3% per year. So far in 2022, the appetite for bauxite imports has remained high and the price of aluminium has reached its highest level in 14 years.
The Russia-Ukraine war has caused aluminium prices to surpass USD 3,000/tonne for the first time since 2008, which is expected to lead to an increase in domestic aluminium production.
“In the first quarter of 2022, China’s bauxite imports hit record levels, increasing 15.4% y/y. This is in stark contrast to China’s total bulk imports which, excluding bauxite, dropped by 10.5% y/y,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Compared to the last quarter of 2021 bauxite arrivals increased 13.6% and particularly shipments from Guinea drove the increase as they contributed 57% of overall volumes.
“Despite being named for the Guinean port, Kamsarmaxes play only a very small role in the Guinea-China shipments and Capesizes are the main beneficiary of China’s demand for the commodity, carrying a little more than 70% of all volumes,” says Rasmussen.
In the long run, the aluminium supply chain may alter once again, as Guinea’s interim government has challenged international companies mining in the country. The military junta has demanded mining companies to present investment plans for alumina refining plants by May 2022.
“If the government succeeds in establishing large alumina refineries in Guinea, bulk shipping patterns will change. It takes four tonnes of bauxite to produce one tonne of alumina, which would cause a decline in the number of shipments between Guinea and China,” says Rasmussen.
By Chief Shipping Analyst, Niels Rasmussen
Source: BIMCO
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Tuesday, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.
As expected, Russia – Ukraine war dr ...
Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
Tuesday, 29 March 22
MEMR OF INDONESIA HAS FIXED COAL PRICE AT US$ 90 PER TONNE FOR DOMESTIC INDUSTRIES EXCEPT SMELTER INDUSTRIES; FOR PLN USD 70 IS APPLICABLE
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has set the selling price of coal for domestic, industrial except metal processing an ...
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- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- The University of Queensland
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
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