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Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy security and a rise in demand after pandemic-related restrictions eased.
The world’s biggest coal producer mined 4.66 billion metric tons of the fuel last year, up 2.9% from a year earlier, according to the National Bureau of Statistics.
For December, output reached 414.31 million tons, nearly flat with November’s 414 million tons and up 1.9% from the year-earlier level.
Daily output over the month was 13.36 million tons, slipping from November’s record high daily average of 13.8 million tons.
The country’s overall power generation, which is dominated by coal-fired plants, rose 8% year-on-year in December.
Analysts are predicting another modest coal production increase in 2024. The rate of growth has slowed over the past year, following an energy security push that drove a ramp-up of output beginning in 2021.
In 2023, domestic production growth was “roughly flat, largely due to safety-related mining suspensions”, analysts at Macquarie wrote in a note, resulting in demand growth outpacing supply growth.
That pushed China’s coal imports higher, to a record high of 474.42 million tons in 2023, the customs administration said last week, as users turned to imports due to rising prices and diminished quality of domestic coal.
Source: Reuters
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Saturday, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to ...
Saturday, 11 September 21
IN 2022, EIA EXPECTS U.S. COAL PRODUCTION TO INCREASE BY 47 MMST TO 648 MMST
U.S. Coal production accordng to EIA's forecast, totals 601 million short tons (MMst) in 2021, 66 MMst more than in 2020, EIA's Short-Term ...
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions ...
Wednesday, 08 September 21
COAL IS STILL KING; INDONESIAN COAL PRICE REFERENCE ABOVE $150 FOR FIRST TIME IN HISTORY
COALspot.com: The Indonesian Coal Price Reference rose dramatically from US$ 127.05 in February 2011, to a peak of US$ 150.03 in September 2021, be ...
Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Krishnapatnam Port Company Ltd. - India
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- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
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- Eastern Energy - Thailand
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- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
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- Siam City Cement - Thailand
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- Latin American Coal - Colombia
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- Videocon Industries ltd - India
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- Wood Mackenzie - Singapore
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- Intertek Mineral Services - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
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- Romanian Commodities Exchange
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- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
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- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
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- Merrill Lynch Commodities Europe
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- Global Business Power Corporation, Philippines
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- Australian Coal Association
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- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Anglo American - United Kingdom
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- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
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- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
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- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
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- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
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- Bulk Trading Sa - Switzerland
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- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Energy Development Corp, Philippines
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- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
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- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
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- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
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- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
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- Sindya Power Generating Company Private Ltd
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