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Wednesday, 26 August 20
ASIAN COAL PRICES LIKELY TO REMAIN DEPRESSED SAY TRADERS, ANALYSTS - REUTERS
 Asian coal prices, which have fallen around 25% this year as power demand slumped due to the coronavirus outbreak, are unlikely to move higher before the end of 2020 as utilities work through inventories, traders and analysts said.
Coal prices have slumped to near five-year lows after falling by a third last year and are now at around $50 a tonne, a level not seen since 2016.
“We are bouncing along the bottom,” said Dale Hazelton, coal analyst at Woodmac in Singapore. “There was such a demand shock with the global lockdown, which greatly reduced power demand and that leads to greatly reduced coal demand.”
Producers will take a while to cut output to balance out supplies to the market and inventories are high for many utilities in Asia.
Year-on-year demand is going to be down about 60 million to 70 million tonnes, Hazelton said.
Global demand is expected to reach around 5,600 million tonnes by 2024, the International Energy Agency said in a recent report.
In Japan, big utilities are burning more liquefied natural gas (LNG), not only due to lower prices but also because they have contractual supply obligations that are hard to avoid, said a coal specialist at one of Japan’s trading houses.
Prices for LNG have risen in recent months due to supply constraints and seasonal demand increases but they remain well below historical highs.
Adding to the Asian coal market woes are restrictions by China on imports, especially from Australia, due to strict quotas that many analysts argue are partly politically motivated due to tensions between the countries.
“It’s really hard to say how the quota will impact imports because it is only a tiny part of the national supply and demand balance,” said a China-based analyst, who requested anonymity due to sensitivity of the issues.
The following graphic compares returns for prices this year of coal (blue) and LNG (purple), the main fuels for producing electricity in the region.
Source: Reuters (Reporting by Aaron Sheldrick; Editing by Krishna Chandra Eluri)
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Thursday, 27 August 20
BANGLADESH POWER MINISTRY SEEKING AUTHORITY TO CANCEL 13,000 MW OF PROPOSED COAL-FIRED CAPACITY - BUSINESS STANDARD
In a bid to move away from dirty energy, the Ministry of Power, Energy and Mineral Resources is seeking the prime minister’s approval to conv ...
Wednesday, 26 August 20
WORLD COAL EXPORTS: INDONESIAN THERMAL COAL EXPORTS HAVE COME UNDER PRESSURE AS THERMAL COAL PRICES WEAKEN - REPORT
Indonesia’s exports to decline sharply from record highs
Indonesia is the world’s largest thermal coal exporter, sellin ...
Wednesday, 26 August 20
JAPAN'S COAL IMPORTS ARE BEING AFFECTED BY COMPETING INFLUENCES - REPORT
Japan is the world’s third largest thermal coal importer, importing an estimated 135 million tonnes of thermal coal in 2019. The country&rsqu ...
Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired p ...
Tuesday, 25 August 20
INDIA'S IMPORTS FALL AS LOCKDOWNS IMPACT THE POWER AND INDUSTRIAL SECTORS - REPORT
India is the world’s second largest thermal coal consumer and importer, importing an estimated 211 million tonnes of thermal coal in 2019.&nb ...
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Showing 811 to 815 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- The University of Queensland
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
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