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Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
 Global Hard Coal Production Increases By 1.7%.
According to provisional calculations by the German Coal Importer Association (VDKi), hard coal world trade in 2018 rose by 3.7% to 1,202 million tonnes while global hard coal production increased by 1.7% to 7.1 billion tonnes. India’s production alone rose by 54 million tonnes (8.2%) to 714 million tonnes. Seaborne exports in Australia, Indonesia, Russia and the USA (i.e. in all important export countries) increased.
The German Coal Importer Association further noted in its latest press release, the German hard coal imports moved contrary to the global trend and fell massively by 7 million tonnes (about 13%). While imports of coking coal fell by 5%, the imports of steam coal collapsed by 17%. The causes for the collapse are the growing electric power generation from renewable energy sources and the heightened competition with natural gas after the strong rise in the CO2 price.
The association says, the German steam coal imports collapse by 17% in 2018 – use of hard coal for electric power generation has been cut in half since 1990. The existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
The large producing countries China and India are simultaneously large consumers of import coal and important pillars of hard coal world trade. The growth in hard coal world trade is also a result of the growing demand in South-east Asia.
These figures more than clearly demonstrate that the exit from hard coal-fired generation of electric power is already reality in Germany said VDKi. Nevertheless, the existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- PTC India Limited - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
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