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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
 We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sector, where two-thirds of coal is consumed: coal power generation fell by around 10%. Industrial use of coal also declined during the period, although reported increases in coal use for steel production in China mitigated the decline - IEA
According to IEA, in China, where more than half of the world’s coal is consumed, the Covid‑19 outbreak triggered a marked decline in coal demand because coal supplies 60% of primary energy and an even higher share of electricity. Coal consumption fell by 8% in Q1 2020 compared with 2019 as the economy contracted by 6.8% and coal power generation fell by close to 9%. Industrial production fell sharply; in January and February, automobile production declined by almost 50% and cement production by 30%, with a slight recovery afterwards.
In India, IEA said, the economy had not yet fully recovered from last year’s slowdown when the government mandated the lockdown of the whole country on March 24. Electricity demand and industrial production declined significantly in late March, likely leading to a new decline in India’s coal use in Q1 2020, after the drop in 2019.
In the United States, IEA said, a mild winter and the abundance of natural gas pushed gas prices down. Along with expanding renewables, this further squeezed coal out of the market. The decline in electricity use after the first states started lockdowns pushed coal use down even further, by around 30% in Q1 2020, with coal’s share in the power mix falling below 20% for the first time since the widespread development of coal-fired electricity generation in the 21st century.
IEA also said, in the European Union, coal demand fell by more than 20% in Q1 2020. The Covid‑19 outbreak and shrinking electricity demand during lockdowns added pressure on coal use, which was already falling because of low gas prices, a mild winter and increasing renewable output, which was also supported by favourable weather conditions. The, fall in CO2 allowances did not improve coal’s competitiveness with gas in the power sector and therefore was not much relief for coal, which declined 20% in Q1.
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Thursday, 16 April 20
MARKET INSIGHT - INTERMODAL
As everyone anticipated the results of the OPEC + G20 meeting last week, it was very interesting to watch the reaction of tanker rates that were in ...
Monday, 13 April 20
SUPRAMAX: A 56,000DWT SHIP WAS FIXED DELIVERY PARADIP, REDELIVERY CHINA, AT $4,700 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Saturday, 11 April 20
FAQ: COVID-19 AND CLUB COVER - UK P&I
KNOWLEDGE TO ELEVATE
The Coronavirus (COVID-19) pandemic has generated a significant number of enquiries and questions from Members in recent ...
Saturday, 11 April 20
KOEN POWER PLANTS INVITED BIDS FOR 1.5 -1.62 MMT OF STEAM COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,500,000-1,620,000 Metric Tons (M ...
Friday, 10 April 20
INDIA'S BULKS SUPPLY CHAIN TAKES A HIT DURING LOCKDOWN - WOOD MACKENZIE
India is under a three-week lockdown from 25 March to contain the spread of the coronavirus outbreak. Businesses are shut, and the supply chain is ...
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Showing 1016 to 1020 news of total 6871 |
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- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- The University of Queensland
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
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