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Friday, 12 June 20
CHINA CURBS COAL IMPORTS AFTER 5 MONTHS OF RECORD INFLOWS - SOURCES: REUTERS
 China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as the country seeks to bolster the domestic coal industry.
China is curbing coal arrivals through import quotas and quality restrictions on downstream users, such as utilities, following record imports for the first five months of the year.
As a result, imports can take up to 90 days to clear from roughly 30 days previously, two traders said on condition of anonymity.
Three coal traders said the backlog meant fewer import tenders from clients – mostly utilities in eastern and southern China.
“There are only sporadic cases reported on import denial at this moment. But the market consensus is that more ports may strictly implement the quota policy,” one of the traders said.
Authorities are seeking to support struggling domestic coal miners, and analysts expect imports to fall by as much as a quarter in the second half from the corresponding 2019 period.
Traders at Fuzhou and Guangzhou ports have reported processing delays and protracted document inspections at Fuzhou and Guangzhou ports.
Fuzhou port declined to comment and Guangzhou port could not be reached for comment.
“Due to the coronavirus pandemic and relevant coal policies this year, coal imports are more stringent across the country. Coal purchase has been greatly affected in our company as we do not have an import quota,” Jiangxi Xinyuan Fuel Corp, a coal trading subsidiary of government-backed State Power Investment Corp (SPIC), said in a statement on Tuesday this week.
A Fuzhou port official also said the general customs bureau had set import quotas on utilities and the port authority had denied entry for some shipments that did not conform to quotas.
“I don’t know how or when exactly the quotas were set, but they were lower than previous years and seemed insufficient,” said the official, who is not allowed to speak to media.
Fuzhou port would not allow mooring of a cargo chartered by a power utility that had exceeded its import quota of 1.2 million tonnes in 2020, the Fuzhou port official said. The company previously imported more than 2 million tonnes of coal annually.
The General Administration of Customs did not immediately respond to a request for comment.
China’s coal imports totalled 148.71 million tonnes in the January-May period, up 16.8% on year.
Source: Reuters (Reporting by Muyu Xu and Gavin Maguire; additional reporting by Min Zhang and Beijing Newsroom; editing by Barbara Lewis)
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Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
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 ...
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- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- The University of Queensland
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