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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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Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Sunday, 07 June 20
A SCRUBBER FITTED 61,000 ULTRAMAX WAS FIXED DELIVERY PHILIPPINES TRIP VIA SOUTH AFRICA REDELIVERY VIETNAM AT $9,500 - BALTIC BRIEFING
Capesize
The small flicker of hope at the beginning of this week has kindled a small fire under the Capesize market. At a paltry $3369 from the ...
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- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- The University of Queensland
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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