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Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply, but the volume dropped from a record high set in March.
The immediate outlook for demand is not strong, however.
China, the world’s top coal producer, mined 362.8 million tonnes of the fuel last month, data from the National Bureau of Statistics showed on Monday, equivalent to 12.09 million tonnes per day.
That compares with the record of 12.77 million tonnes per day in March and 10.74 million tonnes per day a year before.
Production over the January-April period was 1.45 billion tonnes, also 11% higher than in the same period a year earlier, the bureau’s data showed.
China is aiming at lifting daily coal output above 12.6 million tonnes and building a national inventory of 620 million tonnes to ensure it has sufficient supply.
The government has also urged regions that largely rely on imported coal to sign more contracts of at least a year’s duration with domestic coal producers, to secure supply.
China’s central bank said that, to support more output, it had allocated an additional 100 billion yuan ($14.7 billion) of loans dedicated to coal production, storage and purchases by power plants.
Beijing has also set price caps for thermal coal under spot trade and term contracts to ease inflation pressures and balance profits between coal miners and utilities.
However, lean demand from downstream sectors, following a wide range of industrial plant shutdowns because of COVID-19 outbreaks, could weigh on further growth of coal output.
China’s April power generation plunged to a level last seen in May 2020, with thermal power output dropping 12% from a year before.
Coal inventories at utilities in eight Chinese coastal regions reached 29.66 million tonnes by May 7, 25% higher than the same period last year, data tracked by China Coal Transportation and Distribution showed.
Source: Reuters
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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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