We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 13 November 15
WEAK CHINA POWER DEMAND DAMPENS COAL CONSUMPTION - FITCH
 The weak growth in China's electricity consumption in 2015, together with increasing non-thermal power generation capacity are exerting more pressure on the thermal coal market, which is already suffering from over capacity, says Fitch Ratings.
Fitch Ratings further says, overcapacity looms in China's power generation industry, with coal-fired power at most risk. China is experiencing the slowest power consumption growth in three decades - power consumption only increased 0.8% yoy during 9M15, largely due to a 0.9% yoy drop in industrial demand that accounts for 70% of overall power usage. Despite weak electricity demand, generation capacity increased by 9.4% yoy in the same period, of which half came from renewable and nuclear generation sources. Coal-fired power supply contracted 2.2% yoy during 9M15. China's total coal consumption in 9M15 was 2.9bn metric tonnes (MT), down 4.6% from the same period last year.
Consumption of coal-fired power is unlikely to increase significantly in the next 12 to 18 months, given our expectation of weaker economic growth in China, as well as the overall reduction in the energy intensity of the Chinese economy.
Furthermore, "we expect significant addition of renewable-energy generation capacity in the medium term, which is likely to further depress utilisation levels of coal-fired power plants in the absence of a substantial pick up in the energy-intensive industries. Some 177GWs of new generation capacity was under construction as of September 2015, or 13% of 2014 total installed capacity; clean energy sources account for just over 50% of this additional capacity.", says Fitch.
China's key thermal coal reference price, the Qinhuangdao 5,500-kilocalorie power coal price, has fallen 30% to CNY360/MT at end-October 2015, from CNY515/MT at the beginning of 2015. Prices have continued to be under pressure despite imports falling 29.8% yoy to 156m MT in 9M15, and domestic production falling 4.3% yoy to 2.7bn MT in 9M15 following production cuts, including cuts by large operators such as China Shenhua Energy Company Limited (A+/Stable) and China Coal Energy Company
Limited.
"We expect sustained low coal prices and the limited potential for further cost cuts to lead to more mine closures, which will bring some balance to the market over the medium-term. This may also lead to some consolidation in the highly fragmented coal mining industry in China, with large players increasing their market share - this is more likely to happen via stronger players sustaining or increasing their production as the weak leave the market, than by strong players acquiring distressed assets."Fitch Concluded.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 09 November 15
INDIAN THERMAL COAL IMPORTS SURGED 18%; COKING COAL 6.31% DURING APRIL-OCTOBER: BUSINESS-STANDARD
Indian thermal coal imports surged 18% at the country's top 12 major ports to 55.90 million tonnes (MT) in the first seven months of the curren ...
Sunday, 08 November 15
THE FREIGHT MARKET KEEP DROPPING THIS WEEK - VISTAAR
COALspot.com: The freight market keep dropping this week.
The BDI down 12.48 percent week on week and closed at 631 points on 6 November 2015. ...
Sunday, 08 November 15
CAPESIZE FREIGHT RATES IN AUSTRALIA-CHINA ROUTES OVER 50% CHEAPER THAN BRAZIL-CHINA ROUTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s mining and steel industries are facing tectonic shifts over the past couple of years, with the country’s limiting of coal use, ...
Friday, 06 November 15
COAL PRODUCTION IN THE U.S. FELL SHARPLY FOR THE WEEK ENDING OCTOBER 31
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...
Thursday, 05 November 15
Q2'16 INDO THERMAL COAL SWAP CONTRACT FOB INDONESIA FALLS TO $39.90/T
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week. Price of coal seen no improvements this past we ...
|
|
|
Showing 2726 to 2730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
|
| |
| |
|
