We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
 Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal prices and adding order uncertainties for exporters, Fitch Ratings and CRU say. Miners from Australian and Indonesia are the most exposed, but the credit impact is muted thanks to sufficient rating headroom as we have already incorporated a downward pricing trend in our rating assumptions.
The Chinese coal market’s tightness has eased due to a combination of weaker demand and improved domestic supplies. Chinese coal demand has declined as residential power consumption reduced at the end of the winter heating season in mid-March and hydro supply increased in south China due to heavy rains. Chinese domestic coal supply has gradually improved in recent quarters as the pace of capacity closures has slowed and incremental capacity has been expedited to bring down fuel costs, according to CRU. Inventories at the six main power producing groups edged up to 16.0 million tonnes in late March, 13% higher than the average for 2018 of 14.1 million tonnes.
Growing domestic supply is likely to prompt the Chinese government to tighten control over thermal coal imports. This would imply higher order volatility and risks for seaborne coal suppliers targeting the Chinese market, which are mainly miners in Australia and Indonesia. The Chinese government appears to have adopted an on-and-off importing policy since 2017 by implementing stricter checks when domestic supply is sufficient and speeding up clearing when domestic supply is tight. Australian coal cargoes, for example, have been facing increasing delays clearing customs at Chinese ports since February, according to CRU.
While seaborne coal remains price competitive compared to domestic coal, risks of long clearing time and import bans may discourage Chinese consumers from using seaborne coal, especially when domestic supply is sufficient.
Australian coal producers are likely to face the risk of order cancellation, and to some degree, be forced to compete for sales in alternative countries. This may lead to weak prices in the seaborne market, especially for the mid-content-value coal of around 5,500kcal/kg that Chinese importers typically buy from Australia.
Imports from Indonesia have been less affected by the recent Chinese controls, according to press reports, although Indonesian producers are still likely to come under pressure to find new markets due to overall declining Chinese demand for seaborne coal, as well as increasing Indonesian domestic output, and weaker-than-expected domestic demand.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS
Capesize
The Capesize market has hit new low's in the first week of the new year, with the West Australia route being fixed at USD 6.6 being ...
Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
|
|
|
Showing 1206 to 1210 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- PTC India Limited - India
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Bhatia International Limited - India
|
| |
| |
|
