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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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Wednesday, 07 December 22
INDIA'S STEEL MINISTRY SEEKS IMPORT TAX WAIVER FOR COKING COAL - SOURCES REUTERS REPORTED
India’s steel ministry has asked the finance ministry for a waiver of import tax on coking coal among a slew of raw materials, as it scramble ...
Tuesday, 06 December 22
INDIA'S COAL PRODUCTION RISES 17% IN APR-NOV PERIOD - PTI
The country’s coal production increased 17 per cent to 524.20 million tonnes in the April-November period of the ongoing fiscal.
...
Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for ...
Saturday, 03 December 22
COMPLEX RUSSIAN PRICE CAP MAKES MARITIME VISIBILITY A MUST - WINDWARD
Many commentators and analysts are speculating about the potential impact the Russian seaborne oil price cap will have on organizations and entitie ...
Friday, 02 December 22
INDONESIAN COAL PRICE REFERENCE PLUNGE TOWARD US$ 281.48 A TON AS DEMAND DROPS WORLDWIDE
COALspot.com: The cost of coal is falling so fast that it is beginning to put real money back in the pockets of end-users.
Indonesia ...
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- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- India Bulls Power Limited - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
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