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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, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
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- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
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- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
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- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Australian Coal Association
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
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