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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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Wednesday, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...
Wednesday, 16 December 20
INDONESIAN COAL RECOVERING - FITCH
Commenting on Indonesian coal, Fitch Ratings, the Indonesian 4,200 kcal index has begun to recover, improving to over USD 29 in November compared t ...
Tuesday, 15 December 20
NEWCASTLE PRICES RECOVER - FITCH
Prices for the benchmark Newcastle 6,000 kcal/kg grade coal have rebounded to over USD 70/tonne since late November as major Asian economies ease l ...
Tuesday, 15 December 20
APAC COAL PRICES REBOUND ON IMPROVED DEMAND AND SUPPLY CUTS - FITCH RATINGS
Prices for the benchmark Newcastle 6,000kcal/kg grade coal have rebounded to over USD70/tonne since late November as major Asian economies ease loc ...
Tuesday, 15 December 20
CHINA EXTENDS FULL OPEN GESTURE TO IMPORTED COAL EXCEPT FOR AUSTRALIA - GLOBAL TIMES
Domestic, overseas suppliers will take up share with easier clearance
China's top economic planner on Saturday gave approval to ...
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- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Planning Commission, India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
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