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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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Friday, 12 April 19
U.S : MORE THAN 7 GW OF COAL-FIRED GENERATION IS SCHEDULED TO RETIRE BY THE END OF 2020 - EIA
EIA estimates that U.S. coal production decreased by 19 million short tons (MMst) (2%) in 2018, totaling 756 MMst.
EIA also expects ...
Friday, 12 April 19
GLENCORE WINS $520 MILLION DEAL TO SELL COAL TO MEXICO - REUTERS
Global trader Glencore has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico, state-run power utility the Fed ...
Thursday, 11 April 19
AUSTRALIAN COAL IN THE FRONTLINE OF CHINA'S SUPPLY GLUT - AUSTRALIAN FINANCIAL REVIEW
Australian coal will be hardest hit as China cuts foreign imports of its key energy source to tackle oversupply, and implements policies favouring ...
Wednesday, 10 April 19
COALTRANS ASIA - TAKE PART IN THE LARGEST COAL EVENT IN THE WORLD!
Take part in the largest coal event in the world!
Coaltrans Asia is back this June bringing together the entire international coal s ...
Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...
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Showing 1421 to 1425 news of total 6871 |
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- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
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