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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, 07 October 20
U.S. COAL PRODUCTION TO DECREASE BY 26 PERCENT IN 2020 COMPARED TO 2019 - EIA
EIA expects total U.S. coal production in 2020 to be 525 million short tons (MMst), compared with 705 MMst in 2019, a 26% decrease.
COVID-19 a ...
Wednesday, 07 October 20
MARKET INSIGHT - INTERMODAL
The challenges brought forward in 2020 proved to be very different from what we could have ever imagined. Together with placing a significant strai ...
Tuesday, 06 October 20
KOSPO TO IMPORT 80,000 MT OF 3,800 NCV COAL FOR 2H NOV
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 MT Min.3800 kcal/kg NCV coal 2H November, 2020 l ...
Friday, 02 October 20
THE INDONESIA COAL PRICE REFERENCE RISE AFTER HISTORIC CRASH TO US$ 49.42
COALspot.com: The Indonesia Coal Price Reference for the month of October Rise to US$ 51.00 after historic crash to US$ 49.42 in September 2020.
...
Friday, 02 October 20
SRI LANKA MUST LEARN LESSONS FROM AROUND ASIA TO AVOID FURTHER ELECTRICITY CRISES - IEEFA
Overcommitment to fossil-fuelled power generation is leading to excess capacity and rising capacity payments, subsidies, and tariffs around the con ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Minerals Council of Australia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
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