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Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal growth of 1.9 per cent to 294 million tonnes, rating agency Icra said.
Healthy volume growth in container, crude and iron ore segments was offset by the decline in coal and some other bulk cargo volumes, it said.
“The volume growth at major ports has been impacted by 4 per cent fall in coal volumes – 63.6 MT vs 66.3 MT – and some decline in fertiliser and liquid volumes,” Icra said in a statement.
Coal volumes at major ports grew 11 per cent in FY2019.
“The decline in imports is despite the fact that Coal India Ltd’s dispatches have also fallen by 3 per cent during this period to 247 MT from 241 MT. Thus, the slowdown in coal imports is most likely attributable to the economic slowdown in recent months which has brought down the overall demand and is likely to impact the domestic port sector,” K Ravichandran, Senior Vice President and Group Head – Corporate Ratings, Icra said.
Also, thermal power generation has increased during the first five months by 4-5 per cent, indicating that the decline in thermal coal demand is driven by other consuming industries. Some of the growth in coal demand is also stifled by the impact of higher generation from newly added renewable capacities. Systemic inventory with users is also possibly down on account of lower ordering following the anticipation of a further slowdown in demand.
Over the long-term, a sustainable pick-up in industrial activity and power demand will be crucial for the sustenance of healthy coal imports as domestic production also ramps up to meet the incremental demand, it said.
“If demand from power sector remains tepid and industrial demand also remains slack, there is a possibility of further pressure on coal import volumes. Over the long term, a sustainable pick-up in industrial activity and power demand will be crucial for the sustenance of healthy coal imports as domestic production also ramps up to meet the incremental demand,” Ankit Patel, Vice President and Co-Head – Corporate Ratings, Icra said.
He said CIL’s supply is likely to increase every year by 5-7 per cent at least and this will continue to be a risk for port players that are highly dependent on coal volumes for optimal utilisation of their port capacities.
In FY19, total cargo handled at Indian ports had registered a moderate increase of 5.9 per cent to 1,280 million tonnes from 1,209 million tonnes during FY18. Major ports handled 699 MT, whereas non majors handled 581 MT.
Source: PTI
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Wednesday, 31 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
It was a fairly busy week in the dry S&P market. Despite the ease of Capesize rates which impacted Panamaxes as well, interest from potential b ...
Sunday, 28 July 19
ULTRAMAX - INDONESIAN COAL CARGOES SAW A 63,000DWT SHIP FIXING DELIVERY FOR A SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY CHINA, AT $11,700 - BALTIC BRIEFING
Capesize
The market was a white knuckled ride this past week as a large downside movement shed value quickly leaving many in bewilderment. The ...
Wednesday, 24 July 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.27 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.78 points Monday, down 0.27 percent week on week.
The index, released by Chi ...
Wednesday, 24 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
Tonnes of ink has been spent analysing the rebound of the dry bulk market the last weeks with the most representative example being the rising perf ...
Wednesday, 24 July 19
COAL'S DEMISE QUICKENS IN EUROPE AS MARKET SHIFT IDLES PLANTS - BLOOMBERG
Commodity markets are stripping away the case for coal in Europe, moving quicker than government efforts to close the most polluting power plants.
...
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- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- VISA Power Limited - India
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
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