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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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Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel unde ...
Monday, 08 April 19
SULPHUR 2020 - COUNTDOWN TO THE SWITCHOVER - LLOYD'S REGISTER
Sulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that ...
Monday, 08 April 19
INDONESIAN COAL PRICE REFERENCE PRICE PLUMMETS TO LOW NOT SEEN SINCE AUGUST 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Sunday, 07 April 19
SHIP PASSAGE PLANS - NO ROOM FOR ERROR! - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The English High Court’s judgment in Alize 1954 v Allianz Elementar Versicherungs AG (The CMA CGM Libra) is an impo ...
Sunday, 07 April 19
IMO 2020: READY OR NOT? - WOOD MACKENZIE
New Year’s Day 2020 is firmly marked in the calendar as the refining and shipping industries prepare for change.
The International Marit ...
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- Lanco Infratech Ltd - India
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- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
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- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
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- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
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- Alfred C Toepfer International GmbH - Germany
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- Petron Corporation, Philippines
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- Thiess Contractors Indonesia
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- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
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- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
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- Medco Energi Mining Internasional
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- The Treasury - Australian Government
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- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
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- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
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- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- PTC India Limited - India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- VISA Power Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- SMC Global Power, Philippines
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
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- Sarangani Energy Corporation, Philippines
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- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Planning Commission, India
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- MS Steel International - UAE
- Mercator Lines Limited - India
- Economic Council, Georgia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
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