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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, 29 June 18
THE LBH GROUP AND RHENUS PLAN TO ESTABLISH A JOINT COMPANY
Press Release: The port services provider, the LBH Group, and the logistics specialist Rhenus, are planning to cooperate closely in the European in ...
Friday, 29 June 18
SUPRAMAX: INDO / CHINA COAL ROUNDS PAYING AROUND USD HIGH 11000 - FEARNLYS
Capesize
Its been an interesting week with a strong demand for ships out of Brazil, making C3 rates remain around USD 19 pmt said Fearnlys in i ...
Friday, 29 June 18
JAPAN'S TOHOKU ELEC, GLENCORE ABANDON APRIL-MARCH COAL CONTRACT TALKS - REUTERS
Japan’s Tohoku Electric Power Co Inc and Glencore Plc have abandoned talks on annual thermal coal supplies after failing to reach an agreemen ...
Wednesday, 27 June 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
After the abolishment of the trade embargo against Iran, there was a lot of optimism from the country’s side, as after quite some time a numb ...
Tuesday, 26 June 18
"ALWAYS ACCESSIBLE": ARRIVAL, DEPARTURE OR BOTH? - INCE & CO
KNOWLEDGE TO ELEVATE
An “always accessible” berth warranty is often used by an owner to transfer the risk of delays in berthing to ...
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Showing 1686 to 1690 news of total 6871 |
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- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Interocean Group of Companies - India
- White Energy Company Limited
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
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