We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
 India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power generation and is the third largest energy consumer, making it a vital commodity for India. According to Reuters, the country's coal demand for power generation is expected to be 821,000 kt in the focus year 2023-2024, an increase of 8% compared to last year.
Looking at India's seaborne coal imports, there is an increase of 19% from 2021 to 2022, with imports standing at 208,034.13 kt. This year, the country has already imported volumes equivalent to 37% of last year's imports, or 76,728.95 kt, a figure that is expected to rise further as we enter the second half of the year, and it is expected that more coal will be needed to meet the country's electricity demand. A closer look at quarterly coal imports shows that in 2021 and 2022, Q2 was the strongest period with 51,859.07 kt and 64,261.28 kt respectively. This makes sense as India's peak power season is in the summer months and stockpiling is needed to ensure energy security. On the steel front, the country is also experiencing growth in this industry. In 2023, India's steel demand is expected to be in the range of 130mmt -135mmt, about 6% higher than last year.
Taking a look at India's top importers, the top 4 are Indonesia, Australia, South Africa and Russia. As far as Indonesia is concerned, shipments to India have been increasing since 2021 and the trend is likely to continue. They totalled 49,417.93 kt in 2021, 86,675.97 kt in 2022 and currently stand at 31,530.67 kt for 2023, which is 36% of last year's imports. The same cannot be said for Australia and South Africa, as both countries' coal exports to India have been declining since 2021. Australia exported 68,003.09 kt in 2021, 55,440.31 kt in 2022 and 13,384.15 kt so far in 2023, 24% of last year's exports. South Africa exported 24,347.48 kt in 2021, 17,255.53 kt in 2022 and 9,230.68 kt so far in 2023, which is 53% of the 2022 volume, a remarkable figure, and the biggest amongst the top 4 exporters.
The same is true for Russia. India imported 6,987.85 kt in 2021, 18,941.25 kt in 2022, while imports so far stand at 9,523.40 kt, which is 50% of last year's imports. This could be explained by the traditionally lower price of South African coal compared to Australian coal, while Russian coal became more lucrative after the invasion of Ukraine.
The largest percentages of volume shipped to India this year compared to last are from South Africa and Russia, indicating a strong interest to continue on this path. This means that the demand for tonne miles is increasing, which in turn supports freight rates. The vessel types most used in this trade are Kamsarmax and Capesize. If the trend continues and India continues to import more coal from distant countries, rates for the trade may increase.
By Fotis Kanatas
Research Analyst
Compiled by:
Intermodal Research & Valuations
Analysts:
Yiannis Parganas
Tamara Apostolou
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
Monday, 19 December 22
ENERGY CRISIS FUELS COAL COMEBACK IN GERMANY - REUTERS
Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis.
...
|
|
|
Showing 161 to 165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
|
| |
| |
|
