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Thursday, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY’22.
According to the BSE release data, CIL produced 159.8 million tonnes (MTs) of coal as of Q1 end, which is 35.8 MTs more than the 124 MT output of April-June’22. All the coal companies of CIL have registered growth.
At around 10:16 AM, Coal India was trading at Rs183.90 per share up by Rs1.8 or 0.99% from its previous closing of Rs182.10 per share on the BSE.
“The likeness of such whopping growth was never witnessed in any Q1 since CIL’s inception. Our first quarter production surge of nearly 36 MTs surpassed the entire annual increase of 26.4 MTs of FY’22” said a senior official of the company.
Only twice before, CIL’s total yearly production was higher than what it achieved during the current year’s first quarter alone.
In its bid to achieve the fiscal’s 700 MT output target CIL began FY’23 with an asking rate of 12.4%. The steep production gain of Q1 helped the company bring down the asking growth rate to 8.3%. Increased production enables better stock build up.
Coal output for June’22 at 51.6 MTs also registered an unmatched 29% growth with volume increase of 11.5 MTs. CIL produced 40 MTs in June’21.
With the coal demand from power plants reaching a higher pitch, CIL’s supplies to power sector peaked to a new high of 153.2 MTs during the quarter registering a strong growth of 19.8%. The expansion in absolute terms was a robust 25.3 MTs over 127.9 MTs of last fiscal’s Q1.
CIL on an average supplied 1.684 MTs of coal per day to power sector during the quarter ended June’22 against requirement of 1.650 MTs per day, resulting in 102% materialization.
In June’22 supplies to coal fired plants have gone up to 1.713 MTs per day against projected requirement of 1.6 MTs resulting in 107% materialization.
CIL’s offtake to power sector, during June’22, clocked a sharp 27% growth at 51.4 MTs. This is 11 MT jump compared to 40.4 MTs in June’21. Higher supplies during the month resulted in coal stock accretion to the tune of 77,000 tons per day at power plants end.
Total coal off-take of 177.6 MTs during the quarter ended June’22 posted nearly 11% growth. Increase in absolute terms was 17.3 MTs compared to offtake of was 160.3 MTs in April-June’21.
CIL’s total off-take for June’22 clocked 15.4% growth at 59 MTs. The increase was 7.8 MTs compared to 51.2 MTs in June’21.
Source: IIFL Securities Ltd
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Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
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- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
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