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, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company&r ...
Thursday, 15 November 18
OIL MARKET REPORT: HEEDING THE WARNINGS - IEA
In last month’s Report, we noted that since the middle of the year oil supply had increased sharply, with gains in the Middle East, Russia an ...
Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
...
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing ...
Tuesday, 13 November 18
INDIA: POWER DEMAND UP; COAL STOCKS AT MINES AT A 5-YEAR LOW - FINANCIAL EXPRESS
Stocks at Coal India mines plunged to a five-year low of 21 million tonne (mt) in October, as a sudden surge in demand for the fuel from the power ...
|
|
|
Showing 1561 to 1565 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
|
| |
| |
|
