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Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-demand relations. The coal economy remained stable as a whole with domestic market price keeping stable and imported coal price rising.
Since the beginning of the year, China had witnessed its capability of supplying coal going up, making coal supply a little bit higher than demand. High grade coal had been relatively tight in northeast China, north China and southwest China, while coal resource was sufficient in southeast and east China and it also remained slack in central and southwest China.
China's coal production and sales volume, as well as coal stock all pointed to the upside in the first five months. Statistics from National Bureau of Statistics of China indicate China's raw coal production remained at 1.07 billion tonnes in total from January to May, increasing by 70.4 million tonnes or 7% YoY. Statistics from China's Coal Industry Association show China's coal sales volume in this period remained at 991.61 million tonnes, up by 15.97 million tonne or 1.64% YoY. In the end of May coal stockpiles in the market stayed at 181.73 million tonne increasing by 5.5 million tonne or 3.12% compared with the end of Apr.
The following points stand out as the features of coal industry development in this period.
First, raw coal production volume increased rapidly and it posted large differentiation in different regions. State-owned coal enterprises saw raw coal production volume went up swiftly, while local coal mines witnessed their volume dropping. Township coal mines experienced further decline in raw coal production. In Shanxi and Henan, raw coal production volume dropped dramatically, while that in Inner Mongolia, Shaanxi and Shenhua went up significantly.
Second, transportation had recovered, and railway delivered more coal than before. In May, coal delivering volume by railway stayed at 147.29 million tonne rising by 4.3% YoY. Among the quantity power coal took up 86.53 million tonne decreasing by 3.02 million tonne or 3.4%, but the declining rate went down by 7.9% compared with Apr.
Third, the quantity of coal consumed by the power sector declined, and that by the construction material sector rose. Statistics from China Electricity Council indicate coal consumption by power sector remained at 548 million tonnes, decreasing by 42.6 million tonnes or 7.77% YoY. Locally served power plants consumed 258.67 million tonnes, declining by 27 million tonne or 8.9%.
According to the estimate of China's Coal Industry Association, China's iron and steel industry consumed 186 million tonne of raw coal in the first five months, increasing by 2.75 million tonne or 1.5% YoY and that by the construction material industry stood at 139 million tonnes, increasing by 10.3 million tonne or 8%. The chemical industry consumed 58.64 million tonnes of raw coal, rising by 2.47 million tonne or 4.4% YoY.
Fourth, the spot price of imported coal rose rapidly. Since the beginning of the year when China increased overseas coal purchase, the spot price of international thermal coal and ocean freight both went up. International coal price, since May, had increased for one month, and till Jan 12, Australia's BJ coal index rose by USD 9.66 per tonne from the end of May to USD 76.75 per tonne up by USD 13 per tonne compared with Apr.
Fifth, coal price had remained stable, but it fluctuated slightly in consuming areas. In May, coal ex-mine price in Shanxi edged up by CNY 10 per tonne. In the month the transaction price of thermal coal in Qinhuangdao, Tianjin and Tangshan remained stable. Owing to the surging import volume, coal transaction price at ports in Guangdong and Zhejiang had pointed to the downside.
Source:Steel Guru (http://steelguru.com/news/index/2009/06/28/MTAwMTc1/China_enjoys_stable_coal_economy_in_the_first_five_months_of_2009.html)
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
...
Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- The University of Queensland
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
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