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Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply, but the volume dropped from a record high set in March.
The immediate outlook for demand is not strong, however.
China, the world’s top coal producer, mined 362.8 million tonnes of the fuel last month, data from the National Bureau of Statistics showed on Monday, equivalent to 12.09 million tonnes per day.
That compares with the record of 12.77 million tonnes per day in March and 10.74 million tonnes per day a year before.
Production over the January-April period was 1.45 billion tonnes, also 11% higher than in the same period a year earlier, the bureau’s data showed.
China is aiming at lifting daily coal output above 12.6 million tonnes and building a national inventory of 620 million tonnes to ensure it has sufficient supply.
The government has also urged regions that largely rely on imported coal to sign more contracts of at least a year’s duration with domestic coal producers, to secure supply.
China’s central bank said that, to support more output, it had allocated an additional 100 billion yuan ($14.7 billion) of loans dedicated to coal production, storage and purchases by power plants.
Beijing has also set price caps for thermal coal under spot trade and term contracts to ease inflation pressures and balance profits between coal miners and utilities.
However, lean demand from downstream sectors, following a wide range of industrial plant shutdowns because of COVID-19 outbreaks, could weigh on further growth of coal output.
China’s April power generation plunged to a level last seen in May 2020, with thermal power output dropping 12% from a year before.
Coal inventories at utilities in eight Chinese coastal regions reached 29.66 million tonnes by May 7, 25% higher than the same period last year, data tracked by China Coal Transportation and Distribution showed.
Source: Reuters
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Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...
Wednesday, 17 April 19
LNG WESTERN AFRICA CONFERENCE 2019
The only LNG Focus Platform to Accelerate Investment and Cooperation in Western African Countries
LNG Western Africa Conference 2019 ...
Saturday, 13 April 19
IMO 2020 - DON'T SCRUB IT! - IVAR MYKLEBUST
KNOWLEDGE TO ELEVATE
Höegh Autoliners stands firm on its decision not to implement scrubbers but comply with the IMO 2020 regulations by ...
Saturday, 13 April 19
CAPESIZE: WEST AUSTRALIA TO CHINA IRON ORE CARGOES LIFTING FROM $4.60 PMT TO ABOVE $5.00 - BALTIC BRIEFING
Capesize
The market saw a steep ascent from the depths of last week. The Baltic Capesize Index (BCI) 5TC opened on Monday at $5,099, although b ...
Friday, 12 April 19
OIL MARKET REPORT: MIXED SIGNALS - IEA
The huge increase in oil production we saw in 2H18 has reversed following the implementation of the new Vienna Agreement and the increasing effecti ...
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Showing 1391 to 1395 news of total 6846 |
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- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
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