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Thursday, 07 May 20
CIL'S SUPPLY TO POWER SECTOR FALLS IN MARCH AMID SLUMP IN COAL DEMAND - PTI
 The supply of coal to the power sector by state-owned CIL registered a decline of eight per cent to 42.30 million tonne in March in the wake of slump in the fuel demand due to lockdown. CIL dispatched 45.84 million tonne (MT) of coal in the corresponding month of 2018-19, the coal ministry said in its latest report to the Cabinet.
In 2019-20, the supply of fuel by Coal India Ltd (CIL) to the power sector dropped by six per cent to 463 MT as compared to 491.5 MT in 2018-19.
CIL, the world’s largest coal producing company, is a major supplier of the dry fuel to the power sector in India.
The coal supply by state-owned Singareni Collieries Company Ltd (SCCL) to the power sector also dropped by 19 per cent to 4.35 MT in March, over 5.35 MT in the year-ago period.
In 2019-20, SCCL dispatched 52.95 MT of coal as compared to 55.38 MT in the previous fiscal, registering a decline of 4.4 per cent.
With the power sector, a major consumer of the dry fuel, witnessing almost 30 per cent drop in fuel consumption amid the lockdown, CIL has shifted its focus to overburden removal — the process of removing the top soil and rock to expose coal seams in its open cast mines.
The enhancement in overburden removal will enable CIL to accelerate production whenever the demand picks up and coal can be supplied to its customers at short notice.
Over 95 per cent of CIL’s production comes from its 171 open cast mines.
The PSU removed 114.43 million cubic metres of overburden in its open cast mines in April 2020, as compared to 104.22 million cubic metres during the same period last year, registering an increase of 9.7 per cent.
A Central Electricity Authority (CEA) report said that as on April 30, 2020, there were 50.89 MT of coal stocked up at the power houses in India, enough to last for 31 days.
CIL itself has a pit-head stock of about 76 MT as on April 30.
The PSU is in regular touch with its customers, especially in the southern states, and is pursuing them to increase the intake of domestic coal as a substitute for imported coal.
CIL, which accounts for over 80 per cent of domestic coal output, is eyeing one billion tonne of production by 2023-24.
Source: PTI
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Wednesday, 01 April 20
TRADERS SCRAMBLE TO SELL CHEAP CRUDE CARGOES AS GLUT GROWS - REUTERS
Oil traders across the globe are offering cargoes far in advance as rapidly vanishing demand drives key physical crude prices to multi-decade lows, ...
Wednesday, 01 April 20
MARKET INSIGHT - INTERMODAL
There is an old, allegedly Chinese, saying suggesting that living in “interesting” times usually refers to times of trouble. The latest ...
Tuesday, 31 March 20
FREIGHT MARKET: DRY BULKERS - SPOT MARKET 23-29 MARCH 2020
Capesize
The rebound in freight rates resumed this past week, with rates man-aging to post further gains by week’s end. The BCI is in negat ...
Tuesday, 31 March 20
DRY BULK: Q1 HAS BEEN THE WORST QUARTER NOTED FOR MORE THAN 3 YEARS NOW - ALLIED RESEARCH
At this point, the Covid-19 pandemic seems to be monopolizing all market (as well as all other) discussions across the world and any market insight ...
Tuesday, 31 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.43 PCT - XINHUA
China Taiyuan coal transaction price index stood at 132.17 points Monday, down 0.43 percent week on week.
The index, released by Chi ...
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- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Parliament of New Zealand
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
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