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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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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
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Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Planning Commission, India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
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