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, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY&rsq ...
Wednesday, 06 July 22
MARKET INSIGHT - INTERMODAL
Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the ship ...
Tuesday, 05 July 22
WHY ARE VLSFO PRICES SO HIGH, ESPECIALLY IN SINGAPORE? - STEVE CHRISTY, INTEGR8 FUELS
Tightness in products still trumps talks of recession
Last month we wrote about the fears of recession versus the tightness in product markets ...
Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report ...
Tuesday, 05 July 22
CHINA POLICY KEY FOR IRON ORE OUTLOOK - ING
China’s covid lockdowns and recessionary risks hit iron ore
Iron ore prices have fallen significantly from their year-to-date high of US$ ...
|
|
|
Showing 301 to 305 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
|
| |
| |
|
