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Wednesday, 19 August 20
COAL PRICES TO REMAIN SUBDUED THIS FISCAL AMID WEAK DEMAND, HIGH INVENTORY - THE HINDU BUSINESS LINE
Coal offtake is improving gradually as lockdown eases
Coal prices are expected to remain subdued to weak demand and high inventory levels. While the non-coking coal import prices have shown signs of recovery as the power demand picked up over May 2020, the coking coal import price is yet to catch up because steel sector demand remains subdued.
Non-coking coal import prices in July declined by about 40 per cent from mid-January (pre-Covid levels) and the coking coal import prices have had fallen by about 25 per cent. Considering the nature of the respective end-user industries, the non-coking coal import prices are likely to pick up gradually while coking coal prices may still take a while to recover, said a India Ratings report.
Production and offtake are subdued till July due to employees union strikes at mines against privatisation combined with the onset of the monsoon season. Domestic coal production was down for the third consecutive month in June on the back of a low power demand and high piling inventory at power stations. The offtake is improving slowly with gradual relaxation in lockdown norms.
China bounces back
However, China’s coal production has bounced back to exceed the previous year’s performance, despite the Covid outbreak, it said.
Domestic coal imports are likely to have been lower in July due to the low domestic demand from end-user industries amid the Covid outbreak.
The government has mandated Coal India to replace at least 100 tonnes of avoidable imports with domestic coal in this fiscal, to reduce imports. The share of imports in the total domestic consumption reduced to 22 per cent in June from 28 per cent in FY’20. While the non-coking coal imports reduced 34 per cent, coking coal imports declined 41 per cent.
Faster implementation of commercial coal mining and associated reforms will be key for a more deregulated and competitive scenario.
Some States’ resistance over environmental concerns for some mines on offer is likely to stall the auction of these blocks. Furthermore, a global shift towards green fuels and simultaneous withdrawal from coal-based energy may be a key challenge to participation of industry players.
Source: The Hindu Business Line
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Tuesday, 29 December 20
CORROSION-RESISTANT STEELS FOR CARGO OIL TANKS - DNV GL
KNOWLEDGE TO ELEVATE
Crude oil is a complex mixture of substances at varying ratios and in most cases contains at least some salt water. ...
Tuesday, 29 December 20
CHINA COKING COAL FUTURES RISE FOR THIRD DAY ON SUPPLY WORRIES - REUTERS
Chinese coking coal futures extended gains into a third session on Monday, jumping as much as 6.2% as lower imports, sliding inventories and mines ...
Wednesday, 23 December 20
COKING COAL'S DECLINE LIKELY TO FOLLOW THE PATH OF THERMAL COAL’S PROGRESSIVE DEMISE - IEEFA
Technology disruption the likely theme of global energy markets in 2021
There has been a growing tsunami of climate commitment annou ...
Wednesday, 23 December 20
MARKET INSIGHT - INTERMODAL
As we all know, China forges more steel than the rest of the world combined, and even during this unprecedented pandemic, the nation is set to brea ...
Tuesday, 22 December 20
2021 DRY BULK OUTLOOK - SUPPLY GROWTH - TORVALD KLAVENESS
In the first article in the series we mentioned that dry bulk freight was in a super cycle between 2001 and 2008. The growth in global yard capacit ...
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- SMC Global Power, Philippines
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- PTC India Limited - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Aditya Birla Group - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
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