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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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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Bhatia International Limited - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
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