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Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
 Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its latest report.
According to Banchero Costa, In Jan-Jul 2024 the positive trend continued, with global coal loadings increasing by +1.8% y-o-y to 783.0 mln t, from 768.9 mln t in the same period last year, based on vessel tracking data from AXS Marine. In Jan-Jul 2024, exports from Indonesia increased by +8.4% y-o-y to 300.7 mln t, whilst from Australia were up +1.1% y-o-y to 200.0 mln t.
Russian coal exports declined by -14.0% y-o-y to 96.9 mln t in Jan-Jul 2024, from the USA increased by +5.5% y-o-y to 51.3 mln t, from South Africa declined -5.0% y-o-y to 33.7 mln t, the report further noted. Shipments from Colombia increased by +9.3% y-o-y to 34.7 mln t in Jan- Jul 2024, from Canada increased by +1.3% y-o-y to 29.0 mln t, and from Mozambique were down by -7.4% y-o-y to 12.5 mln t.
Banchero Costa Research's weekly report also says, seaborne coal imports into Mainland China increased by +10.9% y-o-y to 230.2 mln t in Jan-Jul 2024, to India increased by +9.9% y-o-y to 146.6 mln t, to Japan declined by -5.1% y-o-y to 88.2 mln t in Jan-Jul 2024. Shipments to South Korea declined by -6.8% y-o-y to 64.6 mln t, to Vietnam surged by +27.7% y-o-y to 35.7 mln t, to the EU down -39.7% y-o-y to 35.2 mln tonnes, to Taiwan declined by -2.2% y-o-y to 33.6 mln tonnes in Jan-Jul 2024.
According to the report, India is the world’s second largest seaborne importer of coal after Mainland China, accounting for 18.7% of the global seaborne coal market so far in 2024.
Import volumes into India were relatively depressed during 2020 and 2021, due to disruption from Covid-19, but bounced back to near all- time records in 2022. Total seaborne coal imports into India in 2022 reached 225.4 mln tonnes, +10.3% y-o-y, according to AXS Marine vessel tracking data. In 2023, India imported 240.8 mln t of coal, up +6.9% y-o-y. 34% of coal volumes delivered into India in 2023 were loaded on Capesize vessels, with 8% on Post-Panamax vessels, 36% on Panamax tonnage, and 22% on Supramaxes. About 60 percent of coal imports into India are delivered to the East coast of the country, primarily to the states of Odisha and Andhra Pradesh. The majority of the rest is discharged in the North-Western state of Gujarat, India’s most industrialized state, which alone accounts for 30 percent of India’s total coal imports, the report says.
The main coal import terminals in India are:
Mundra in Gujarat (24.6 mln t discharged in Jan-Dec 2023), Paradip (22.7 mln t), Krishnapatnam (21.6 mln t), Dhamra in Odisha (20.6 mln t), Visakhapatnam (20.5 mln t),Gangavaram in Andhra Pradesh (18.9 mln t), Hazira (13.3 mln t), Jaigad (12.4 mln t), Ennore (9.5 mlnt), Kandla (9.3 mln t), Tuticorin (8.1 mln t), Mumbai (7.0 mln t), New Mangalore (6.7 mln t), Dahej (6.6 mln t), Mormugao (5.8 mln t). Trade patterns for Indian imports saw significant shifts due to both commercial and political factors.
Indonesia continues to be the top exporter of coal to India, accounting for 42% of total Indian imports in Jan-Dec 2023. In Jan-Dec 2023, shipments from Indonesia to India declined by -3.3% y-o-y to 100.5 mln tonnes but were still above the 71.6 mln t in 2021. In Jan-Jul 2024 volumes from Indonesia to India rebounded back by +30.9% y-o-y to 65.9 mln t.
About 21% of imports, 50.2 mln t in Jan-Dec 2023, were shipped from Australia, down by -7.2% y-o-y from 54.2 mln t in 2022, and well below the 74.2 mln t in 2021. Shipments from Russia surged by a further +34.7% y-o-y in Jan-Dec 2023 to 25.3 mln tonnes, and well above the 7.3 mln t in Jan-Dec 2021, with Russia now accounting for 11% of Indian coal imports. South Africa exported 26.9 mln tonnes of coal to India in Jan-Dec 2023, up +33.9% y-o-y. Imports from the USA also surged by +53.8% y-o-y to 20.8 mln t.
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Sunday, 03 July 22
CHINESE VICE PREMIER STRESSES CLEAN, EFFICIENT USE OF COAL - XINHUA
Chinese Vice Premier Han Zheng has stressed efforts to promote the clean and efficient use of coal, and pursue green, low-carbon and high-quality d ...
Sunday, 03 July 22
SOVEREIGN SECTOR OUTLOOK REVISED TO NEUTRAL ON UKRAINE WAR IMPACT - FITCH RATINGS
The deterioration in global sovereign credit conditions this year relative to our expectations at end-2021 has caused Fitch Ratings to change its g ...
Saturday, 02 July 22
GLOBAL SEABORNE COAL EXPORTS IN 2021 INCREASED BY 4.4% Y-O-Y TO 1147 MLN TONNES - BANCHERO COSTA
In the full 12 months of 2021, global seaborne coal exports increased by +4.4% y-o-y to 1147 mln tonnes, from 1099 mln tonnes in 2020, according to ...
Friday, 01 July 22
INDIA'S TOP CEMENT MAKER PAYING FOR RUSSIAN COAL IN CHINESE YUAN - REUTERS
India’s biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to a ...
Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
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- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Australian Coal Association
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Deloitte Consulting - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
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