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Friday, 15 May 20
CHINA'S COAL CONSUMPTION TO FALL Y/Y IN SECOND QUARTER, IMPROVEMENT EXPECTED IN SECOND HALF - INDUSTRY BODY: REUTERS
 China’s coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second half of 2020 as Beijing’s stimulus efforts boost demand, an industry body said on Thursday.
The China National Coal Association said industrial and economic activities were unlikely to fully restart in the current quarter due to coronavirus control measures, which would weigh on demand for coal.
“The decline of coal consumption will be narrowed in the second quarter but the oversupply situation in the market will not change, and the downward pressure on coal prices will increase,” the association said in a report.
Chinese authorities have reported dozens of new coronavirus cases since Sunday and have reclassified a city in the northeastern province of Jilin as high-risk, stoking fears of a new wave of infections.
The world’s largest coal consumer used around 870 million tonnes of the fuel in the first quarter, down 6.8% from the same period last year, the report showed.
The power sector’s coal consumption fell 6.8% to 507 million tonnes, while that of the construction sector plunged 24.7% to 65 million tonnes.
Coal production, however, only dipped 0.5% in the first three months of the year to 830 million tonnes, as miners cranked up output in response to Beijing’s call for ensuring fuel supply.
Spot prices of benchmark thermal coal with energy content of 5,500 kilocalories per kg was 481 yuan ($67.78) a tonne on Wednesday, below the “green zone” prices set by the state planner of 500-570 yuan.
The coal association also warned of replacement of coal-fired power with non-fossil fuel sources in the second quarter, as increasing rainfall in southern China will boost hydropower generation.
“In the second half of the year, total coal consumption will see improvement from the first six months as China will implement the policies to boost domestic demand and bring industrial and economic growth to a normal level,” said the coal association, without giving detailed numbers in the estimation.
The National Development and Reform Commission said on Wednesday the country will firmly expand domestic demand and step up investment in both traditional and new infrastructure projects.
Source: Reuters (Reporting by Muyu Xu and Shivani Singh; Editing by Aditya Soni)
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
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