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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY ABOUT 8% IN 2020,THE LARGEST DROP SINCE WORLD WAR II - IEA
 We expect global coal demand to fall by about 8% in 2020, the largest drop since World War II, with coal use declining in virtually every sector of every region in the world - IEA
Acording to IEA, in China, coal demand will decline in 2020 by around 5%, despite the gradual recovery since February lockdown. Coal-fired power generation will be hit especially hard, because the power system is crowded by low variable cost hydro, wind, solar and nuclear power. If a more favourable dispatch for coal power plants is established, this could offer some relief for coal power producers.
An even greater decline in coal demand is expected in India, where economic growth and power production are slowing significantly. Despite the recovery expected later in the year, a decline in coal power generation will push coal use down for the second year in a row.
IEA further noted that, in the rest of the world, coal demand will decline steeply in 2020. Even in Southeast Asia, the region with fastest growth in the recent years, where coal power generation is curtailed by lower electricity demand, especially in Malaysia and Thailand. We also expect significant declines in coal demand in advanced economies: by 25% in the United States, around 20% in the European Union, and 5% to 10% in Korea and Japan.
In the current situation, IEA said, the uncertainty about the outlook for coal is the highest among all fuels. In large part, this is because its use is concentrated in the power sector, and is strongly dependent on the level of electricity demand. In particular, coal is dominant in China and India, the largest and the third-largest electricity users in the world. In addition, the use of coal in power generation is squeezed by low-carbon generation, including hydro, wind, solar and nuclear power, which have been less affected by the Covid‑19 crisis. Hence, differences in economic activity and the associated electricity demand have an outsized effect on coal-fired electricity generation and overall coal consumption.
For example, global coal use could decline only half as much if China and other large consumers of coal recover more quickly from the crisis. Even so, many trends would remain unchanged, such as double-digit percentage drops in the European Union and the United States, single-digit declines in Japan and Korea, and a drop in India. In some markets, coal demand may even grow if recoveries are faster, such as in Southeast Asia, driven by Indonesia and Viet Nam.
Projections of 2020 coal trends need a final caveat regarding China, as the Chinese government has pledged to implement a fiscal and monetary stimulus to its economy. The magnitude and design of that stimulus – as well as how energy-, electricity- and coal-intensive it is – might change coal use trends significantly in China and therefore in the world.
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Saturday, 25 April 20
KOREA SOUTH-EAST POWER CO. INVITED BIDS FOR 780K - 900K MT OF 5600 NCV COAL FOR JULY TO OCTOBER 2020 LOADING
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 780,000~900,000 Metric Tons (MT) s ...
Saturday, 25 April 20
SEAFARER MENTAL WELLBEING DURING THE COVID-19 PANDEMIC - STANDARD CLUB
KNOWLEDGE TO ELEVATE
COVID-19 has forced many parts of the world to enforce a lockdown in a bid to flatten the curve in terms of transmissions ...
Friday, 24 April 20
KOMIPO INVITED BIDS FOR 5700 NAR COAL FOR JUNE & JULY LOADING
COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) Has Issued An International Tender For 260,000 Metric Tons (MT) Steam Coal ...
Friday, 24 April 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 24 April 20
COAL INDIA TO PRODUCE 710 MT COAL - MINISTER OF COAL AND MINES
Coal India Limited (CIL) will produce 710 million tonnes (MT) of coal and company’s coal off take target will also remain at710 MT for this f ...
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- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- The University of Queensland
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
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