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Monday, 15 September 14
CHINA'S COAL PROPOSALS LEAVE SOME HOPE FOR EXPORTERS - DAILY NEWS
When the best thing you can say about new policies is that they aren’t as bad as they could have been, then you know your industry is in deep trouble, Daily Times of Pakistan reported its today’s edition.
According to Daily Times, China’s proposed cap on coal consumption and ban on low-quality imports won’t have sparked celebrations among export-focused coal miners, but may have given them some hope that the world’s top importer of the fuel will remain open for business.
The State Council, China’s cabinet, on Tuesday published a draft version of a law to tighten air pollution control by cutting the use of coal, which is used to generate about 80 percent of the nation’s electricity. The draft didn’t spell out exactly what the consumption cap would be, nor the quality standards that would be imposed on imported fuel. However, industry sources say the recommendation from the National Energy Administration is that coal with a sulphur content of more than 0.6 percent and ash content of more than 15 percent be banned, said Daily Times.
The paper further said, what is also interesting to note is that the proposed import ban doesn’t specify heating value, meaning low-calorific coal could still be shipped in as long as it has low ash and sulphur.
At face value, this appears to favour Indonesian producers, whose low-calorific coal meets the ash and sulphur standards, while penalising exports from Australia and South Africa. However, Morgan Stanley analysts, in a Sept. 4 report, said about 39 percent of Australian output may be excluded if the proposal becomes law. While this sounds significant, the report points out that only a small proportion of that 39 percent of output goes to China currently, and there is still plenty of supply from the remaining 61 percent that could meet any shortfall. It’s also likely that Australian and South African producers will waste little time in trying to convince Beijing that banning high calorific coal while still allowing low calorific shipments makes little sense from a pollution perspective. More important for exporters to China will be the overall cap on consumption, which the current five-year plans pegged at 4.1 billion tonnes by next year, said Daily Times of Pakistan.
Assuming this level becomes a permanent cap, the main issue is what action Beijing will take to limit domestic production, which stood at 3.7 billion tonnes in 2013, and is likely to be around this level in 2014 as well.
The Daily Times said, if Chinese domestic output is kept around current levels, or increases slightly, it will still mean plenty of opportunities for imports. However, if the domestic industry is allowed to mine over 4 billion tonnes a year, it’s likely that imports will be squeezed even harder than they are by the current low pricing.
The best case scenario for coal exporters is that the new regulations make some Chinese domestic mines unviable, thereby limiting domestic production, the paper concluded.
Source: Daily News
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Thursday, 04 September 14
PUNJAB STATE POWER CORPORATION LIMITED OF INDIA HAS DECIDED TO BUY IMPORTED COAL - HINDUSTAN TIMES
COALspot.com: The Punjab State Power Corporation Limited (PSPCL) has decided to buy imported coal to run its thermal plants, as reported by Hindust ...
Thursday, 04 September 14
INDONESIAN COAL MINERS MAY GET MORE TIME ON ROYALTIES - FITCH RATINGS
COALspot.com: Fitch Ratings says that coal miners in Indonesia are likely to get more time to repay the government the royalties that were set off ...
Thursday, 04 September 14
INDONESIAN COAL SWAPS SLIDE THIS PAST WEEK
COALspot.com: Indonesian coal swaps for average October 2014 decreased US$ 0.90 (-1.68%) day on day and US$ 1.80 (-3.31%) per mt week on week. The ...
Thursday, 04 September 14
CAPESIZE : SENTIMENT REMAINS POSITIVE FOR Q3/Q4 - FEARNRESEARCH
Handy
The Atlantic market has experienced more activity this week. Rates for TA´s are up about 8% w-o-w, much lead by an increasing number ...
Wednesday, 03 September 14
KOREA MIDLAND POWER CO. LTD INVITES BIDS FOR 1 MMT OF BITUMINOUS & SUB-BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: KOMIPO again in the market for 1 million tons of 5700 NAR and 4600 NAR coal for Jan – March 2015. South Korean state-owned util ...
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Showing 3506 to 3510 news of total 6871 |
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- Indian Energy Exchange, India
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- White Energy Company Limited
- Anglo American - United Kingdom
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Latin American Coal - Colombia
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