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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, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
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- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
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