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Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
 Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coal loadings increased by a whooping +18.8% y-o-y to 417.7 mln t (excluding cabotage), admittedly from a fairly low 351.6 mln t in the same period of 2022, Banchero costa said in its latest weekly report.This was also higher than the 363.9 mln t loaded in Jan-Apr 2021, and the 379.7 mln t in Jan-Apr 2020. It was just a shade below the 418.3 mln t loaded in Jan-Apr 2019.
The report further noted that, in Jan-Apr 2023, exports from Indonesia increased by +48.7% y-o-y to 143.3 mln t, whilst from Australia were down -3.2% y-o-y to 108.6 mln t, from Russia were up +21.4% y-o-y to 61.3 mln t, from the USA increased by +25.0% y-o-y to 26.9 mln t, and from South Africa +8.9% y-o-y to 22.6 mln t.
Seaborne coal imports into Mainland China surged by +90.6% y-o-y to 108.9 mln t in Jan-Apr 2023, whilst imports to India increased by +17.5% y-o-y to 67.1 mln t, imports to Japan by -0.4% y-o-y to 56.7 mln t, to South Korea by -0.8% y-o-y to 38.1 mln t, to the EU -4.1% y-o-y to 34.7 mln t.
Banchero costa’s weekly report further noted that, Canada is the seventh largest exporter of coal in the world. In 2022, Canada accounted for 3.8% of global seaborne coal shipments. Canada’s seaborne coal exports in the 12 months of 2022 declined by -7.6% y-o-y to 41.3 mln tonnes.
This followed an equally strong decline of -5.7% y-o-y in 2021, and a -18.8% y-o-y decline in 2020. In the first 4 months of 2023, coal exports from Canada rebounded by +6.3% y-o-y to 15.9 mln tonnes, which was the highest for this part of the year since the 16.1 mln tonnes in Jan-Apr 2020.
Nearly half of the coal produced in Canada is thermal and half is metallurgical. Canada's exports are primarily metallurgical coal. Alberta and British Columbia produced 85% of Canada's coal. Canada exports about half of its coal production. Given the location of its mining resources, the overwhelming majority of Canadian coal exports are shipped from ports in British Columbia, on the Pacific coast. Of the 41.3 mln tonnes shipped in calendar 2022, 54.2% (22.4 mln tonnes) were shipped from Roberts Bank, 27.8% (11.5 mln tonnes) from Vancouver, and 17.9% (7.4 mln tonnes) from Prince Rupert.
According to Banchero costa, the vast majority of Canada's coal exports go to Asia, which is still a significant consumer. In 2022, as much as 32.9% of Canada’s seaborne coal exports were shipped to Japan. In Jan-Dec 2022, coal exports to Japan from Canada remained flat with a +0.2% y-o-y growth at 13.6 mln tonnes. The second largest destination for Canadian coal is South Korea, accounting for 25.4% of Canada’s exports in 2022.
The report also said, in 2022, exports from Canada to South Korea declined by -9.8% y-o-y to 10.5 mln tonnes. In third place is Mainland China which accounted for a 18.0% share in 2022.
In 2022, shipments from Canada to China declined by -17.4% y-o-y to 7.4 mln tonnes, although this represents a correction from a +53.3% y-o-y increase recorded in 2021. The volume seen last year was still significantly above anything seen up until 2021.
In fourth place was the European Union, with a 7.2% share of Canada’s coal exports. In 2022, 3.0 mln tonnes of coal were exported from Canada to the EU, down -3.7% y-o-y.
In fifth place was India, with a 6.1% share of Canada’s coal exports. In 2022, India imported 2.5 mln t from Canada, up +24.4% y-o-y from
just 2.0 mln t in 2021.
However this was still significantly below the 3.9 mln tonnes shipped to India in 2020 and the 5.7 mln tonnes shipped in 2019.
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Australian Coal Association
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
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