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Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government is planning to bring the country’s ‘avoidable coal imports’ to zero by 2023-24. Demand for coal import is expected to remain subdued in the short-term given the high coal stock levels in pithead and power plants, according to mjunction.
The coal import in May last year stood at 23.57 MT, it said. mjunction — a joint venture between Tata Steel and SAIL — is a B2B e-commerce company that also publishes research reports on coal and steel verticals. However, coal import during last month through the major and non-major ports is estimated to have increased by 10.76 per cent over April 2020, according to a provisional compilation by mjunction services limited, based on monitoring of vessels’ positions and data received from shipping companies.
“The slight uptick in May imports over the previous month might have resulted from the partial re-start of operations in some sectors as well as the continued softness in coal prices in the international markets. “However, given the high coal stock levels in pithead and power plants, we expect import demand to remain subdued in the short-term,” mjunction MD and CEO Vinaya Varma said.
Import of coal in May stood at 18.93 MT (provisional) as compared to 17.09 MT (revised) in April 2020, mjunction said. Of the total imports last month, the import of non-coking coal was at 13.22 MT, against 12.28 MT in April.
Coking coal imports were at 3.81 MT in May, up from 3.23 MT imported a month ago.
During April-May, total coal import was at 36.02 MT, registering a decline of 27.83 per cent from 49.90 MT imported during the same period of the previous year.
During April-May, non-coking coal imports stood at 25.50 MT, from 35.35 MT imported during April-May 2019.
Coking coal imports were at 7.04 MT during April-May, down from 8.77 MT earlier.
Coal India Ltd (CIL), which accounts for over 80 per cent of the domestic fuel output, has been mandated by the government to replace at least 100 MT of imports with domestically-produced coal in the ongoing fiscal.
The Centre had earlier asked power generating companies, including NTPC, Tata Power and Reliance Power, to reduce import of the dry fuel for blending purposes and replace it with domestic coal.
The power sector is a key coal consumer.
Prime Minister Narendra Modi had also given directions to target thermal coal import substitution, particularly when huge coal stock inventory is available in the country this year.
Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import coal and take domestic supply from CIL, which has the fuel in abundance.
The country’s coal imports increased marginally by 3.2 per cent to 242.97 MT in 2019-20.
Source: Hindustan Times
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Friday, 07 August 20
PEABODY'S $1.42 BILLION WRITE-DOWN CONCEDES COAL MINES HAVE LITTLE VALUE AND DIM FUTURE - IEEFA
Trouble at biggest mine in Powder River Basin speaks volumes about state of industry
Peabody Energy, the world’s largest priva ...
Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
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- Larsen & Toubro Limited - India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- The University of Queensland
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Planning Commission, India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
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