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Thursday, 20 February 20
CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
China’s domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more than demand, Noble Resources’ chief coal analyst said.
The new virus, which originated in China, has claimed over 1,800 lives in the country, and caused widespread disruption to domestic manufacturing and global supply chains.
“Supply has been hampered in the short-term even more than demand. This has created a short-squeeze in the market, which is likely to last 2-3 months,” Rodrigo Echeverri, Noble’s head of hard commodities research, said in a presentation at the Coaltrans India conference.
He expected Chinese demand for thermal coal – mainly used for electricity generation – to fall by about 180 million tonnes due to the disease, outpaced by a loss of about 200 million tonnes of production.
China city air quality indices, which increase when industrial production picks up, and migration data show that very few workers have returned to work after an extended Lunar New Year holiday, Echeverri said.
“China is not producing right now,” he said, adding that lower box office sales and real estate transactions also pointed to a lack of consumption in China.
Elsewhere, coal production in Indonesia, the world’s largest thermal coal exporter, is expected to increase along with local demand, leaving little room for higher exports, Echeverri said.
Global demand for seaborne thermal coal is expected to fall marginally in 2020 due to a further decline in demand from Europe and the Americas, and the market is expected to be adequately supplied this year, he said.
“Going into 2020, we see that market has started to rebalance itself,” Echeverri said.
Supply in 2020 is expected to outstrip demand by 0.8%, compared with tighter market conditions in the previous two years.
Source: Reuters
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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
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