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Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry group said on Wednesday, slower than last year’s 2.9% growth.
The projection comes on the back of record output in 2023, when the world’s largest coal consumer mined 4.66 billion tons of the polluting fossil fuel.
The China Coal Transportation and Distribution Association (CCTD) expects domestic coal prices to decline at an accelerated pace, partly due to weakness in its real estate markets, said Feng Huamin, senior analyst at CCTD’s research department.
Feng pointed to government orders to suspend infrastructure projects in some heavily indebted provinces as one of the key reasons for the pressure on prices.
Declines in property investment and sales in China have slowed amid government efforts to arrest a protracted downturn in the sector, but analysts were wary of calling an end to the pain in the fragile housing markets just yet.
Output from non-fossil sources will add to pressure on thermal output this year, with power output expected to grow in line with its 5% economic growth forecast, Feng said.
“A large portion of forecasting institutions believe that hydropower generation will see clear improvement this year,” Feng said, adding that higher solar and wind installations could help address about 70% of the expected growth in power demand.
Drought-like conditions in key generating regions resulted in China headlining an alarming decline in hydroelectricity output in Asia last year, as its output plunged at the steepest pace in decades.
Some miners have paused production for longer after the Lunar New Year break, sources familiar with the matter said. Feng said a few mines are already at risk of hitting their storage limits due to high inventory levels.
Separately, the top coal producing hub of Shanxi is expected to cut output by 40 million tons this year, partly due to a slew of accidents in the recent past, Feng said.
Shanxi saw mine accident-related deaths surge over 50% in 2023, pushing the mining safety regulator to issue a notice last month asking mines to curb overproduction to prevent accidents.
However, power use by industries during the first two months of 2024 grew at a surprisingly high 9.7%, Feng said, a trend which could push stockpiles lower if it continues.
Source: Reuters
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Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.
The country produced 380 million tonnes of raw ...
Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...
Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...
Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
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Showing 101 to 105 news of total 6871 |
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- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
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