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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, with electricity demand boosting imports as fuel use outpaced supply.
Inventories held by power plants fell by 12.6% to 20.58 million metric tons in the sharpest fortnightly decline since the second half of September 2021. Stocks fell to their lowest level since November 2021.
While India’s power demand typically peaks during May, unusually dry weather and an uptick in economic activity has boosted consumption this month.
Stockpiles fell as coal-fired power generation jumped 33% year on year – much faster than the 21.6% increase seen in September. Utilities faced a 20.4% increase in power demand and a 26.8% decline in hydropower output, data from the federal grid regulator showed.
India also ramped up coal-fired power output to make up for a seasonal decline in generation from renewable sources such as wind and solar, whose share in total output fell to 10.1% in the first half of this month from 12.1% in September, the data showed.
The demand surge was so steep that coal stockpiles at power plants fell despite state-run Coal India, the dominant miner, ramping up supplies to power plants by 6% year on year to 23.5 million tons between Oct 1 and Oct 15.
Higher coal-fired power generation is driving an increase in imports, with India-bound shipments of thermal coal set to increase to 19.35 million tons in October, the highest level since June 2022, data from analytics firm Kpler showed.
There was also a nearly three-fold surge in natural gas-fired power generation in the first half of October to 1,993 million kilowatt-hours (kWh), up from 700 million kWh a year earlier.
Stepped-up buying of seaborne thermal coal and liquefied natural gas by India could boost global benchmark prices, which have also benefited from Chinese demand in recent months.
“Steady coal prices and increased demand ahead of the festive season and after the monsoon are the main factors driving the Indian imports,” a Indian coal trader said.
The power demand spike also resulted in more outages in parts of the country. Average shortages jumped by 33.1% to 19.3 million kWh a day during the first half of October from 14.5 million units in September, the grid regulator data showed.
Power cuts reported by states to the regulator nearly halved during the first nine months of this year but have increased in recent weeks, the data showed.
Source: Reuters
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Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
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- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Australian Coal Association
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
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