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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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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.
...
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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- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- ASAPP Information Group - India
- The University of Queensland
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Planning Commission, India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
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