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.
|
|
Saturday, 06 April 19
SUPRAMAX: IT WAS A POOR WEEK OVERALL FOR THE BALTIC SUPRAMAX INDEX, WHICH LOST GROUND - BALTIC BRIEFING
Capesize
The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest ...
Thursday, 04 April 19
OVERSUPPLY STILL MAJOR CHALLENGE WARNS ICS
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned that avoiding overcapacity and ...
Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for ...
Monday, 01 April 19
FORCE MAJEURE SUCCESS NOT A SEA CHANGE - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
It is difficult to successfully argue that contractual performance has been prevented or delayed by force majeure. This i ...
Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...
|
|
|
Showing 1436 to 1440 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Eastern Coal Council - USA
- Australian Coal Association
- Ministry of Mines - Canada
- The University of Queensland
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
|
| |
| |
|
