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Tuesday, 17 May 16
CHINA THERMAL-POWER OVERSUPPLY TO WORSEN - FITCH
 COALspot.com: The overcapacity in thermal-power generation in China is likely to worsen in 2016 to 2017, Fitch Ratings says in a new report.
Fitch believes China's electricity producers are likely to keep adding thermal-power capacity between now and end-2017 - undeterred by five straight years of sliding utilization rates and despite Beijing's support of facilities that run on cleaner fuels - as falling coal costs and favorable on-grid tariff rates keep profitability high.
According to Fitch, annual fixed-asset investment (FAI) into thermal power sources increased by 1%, 13% and 22% in 2013, 2014 and 2015, respectively. Despite Beijing's recent attempts to curb over-investment, the projects that have started construction are likely to be completed in the next two years.
Fitch expects investment returns in the thermal-power sector to remain generally robust in the short term even though plants are operating at lower utilization rates and on-grid tariffs were cut at end-2015. This is largely because the sector can still enjoys a healthy dark spread - the difference between the on-grid power tariff and unit generation fuel cost - especially after the government revised the coal-electricity linkage pricing mechanism in late 2015.
However in the longer run, severe overcapacity, without tariff controls by the government, could cause competition that hurts returns. Individual independent power producers' performances will start to diverge based on asset quality and location. The extent of thermal-power overcapacity will become clearer when the central government unveils details of the 13th Five-Year Plan (2016-2020) for the sector in 2016 or 2017.
Fitch believes that China will take further measures to rein in investments in the sector.
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Tuesday, 17 May 16
INDONESIAN COAL PRICE REFERENCE DECLINE AGAIN
COALspot.com: The Indonesia Coal Benchmark Price declined in May 2016.
The Director General of Mineral and Coal of Indonesia, the regulator of ...
Tuesday, 17 May 16
ON YOUR MARKS: TRACKING CHINESE TRADE - CLARKSONS
One of the major drivers behind the challenges currently facing many of the shipping markets has been slower demand growth. World seaborne trade gr ...
Monday, 16 May 16
INDONESIAN WEEKLY COAL INDICES AT POSITIVE LEVELS - CS (I) COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.31 percent week over week to averaging $38.94 per ton this past week, shows CS ...
Monday, 16 May 16
OPEC SEES RIVAL OIL PRODUCTION DECLINING
Crude Oil Price Movements
The OPEC Reference Basket averaged $37.86/b in April, a gain of $3.21 or 9.3%. This was 40% higher than the lows reache ...
Monday, 16 May 16
THE FREIGHT MARKET WAS WEAK AND ALL SEGMENTS EXCEPT PANAMAX WERE DOWN
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and a ...
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- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
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