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.
|
|
Wednesday, 07 December 22
MARKET INSIGHT - INTERMODAL
China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m mt). The question is if t ...
Wednesday, 07 December 22
INDIA'S STEEL MINISTRY SEEKS IMPORT TAX WAIVER FOR COKING COAL - SOURCES REUTERS REPORTED
India’s steel ministry has asked the finance ministry for a waiver of import tax on coking coal among a slew of raw materials, as it scramble ...
Tuesday, 06 December 22
INDIA'S COAL PRODUCTION RISES 17% IN APR-NOV PERIOD - PTI
The country’s coal production increased 17 per cent to 524.20 million tonnes in the April-November period of the ongoing fiscal.
...
Tuesday, 06 December 22
INDONESIA AIMS TO STARTS COLLECTING COAL LEVY IN Q1 2023 - MINISTER, REUTERS REPORTED
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, to help ensure supply security for ...
Saturday, 03 December 22
COMPLEX RUSSIAN PRICE CAP MAKES MARITIME VISIBILITY A MUST - WINDWARD
Many commentators and analysts are speculating about the potential impact the Russian seaborne oil price cap will have on organizations and entitie ...
|
|
|
Showing 176 to 180 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- PTC India Limited - India
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
|
| |
| |
|
