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.
|
|
Sunday, 09 June 19
SUPRAMAX: ASIA LOST GROUND; THE INDIAN OCEAN SAW SLOWER ACTIVITY - BALTIC BRIEFING
Capesize
The market continued in an unusually steady ascent last week. With no major news in the market, each day improved on the last, breakin ...
Friday, 07 June 19
KOEN INVITED BIDS FOR 1.87 MILLION TONS OF COAL FOR JULY - OCTOBER 2019 DELIVERY
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,700,000 to 1,870,000 Metric Tons ...
Wednesday, 05 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
The first semester of 2019 started as a fairly positive semester for the offshore sector whilst there was a recovery on crude prices, as well as a ...
Tuesday, 04 June 19
MARPOL ANNEX VI - SULPHUR CAP 2020 - DEMYSTIFYING THE FONAR - SKULD
KNOWLEDGE TO ELEVATE
Fuel Oil Non-Availability Report (FONAR) is primarily a discretionary tool for a Member State to lessen the breach of MAR ...
Monday, 03 June 19
SUPRAMAX: A 61,000 TONNER OPEN NORTH CHINA, FIXING A TRIP VIA INDONESIA, REDELIVERY SOUTHEAST ASIA AT $7,500 - BALTIC BRIEFING
Capesize
The market continued its steady ascent over the past week to improved levels. The TC average opened the previous week at $12,243 and c ...
|
|
|
Showing 1391 to 1395 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Parliament of New Zealand
- The University of Queensland
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
|
| |
| |
|
