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Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
 Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a drop in demand for electricity, Deputy Minister of State Assets Artur Sobon said on Friday.
Poland generates most of its electricity from burning coal, which has become costly due to rising prices of carbon emission permits. The industry has also struggled with falling demand for coal, which accelerated during the COVID-19 lockdown because the country used less power.
“The situation in coal mining is not easy … We have a fall in electricity production and a fall in production of electricity from coal. We should expect that this is a sustained trend,” Sobon said during a discussion panel on energy transformation during the European Economic Congress in Katowice, the heart of Poland’s coal region.
He said data provided by power stations showed that next year demand for coal would likely shrink by around 7 million tonnes.
Speaking at the same panel, Tomasz Rogala, chief executive at Poland’s biggest coal producer, state-run PGG, said the group had to adjust its output to the demand from Polish utilities, as it would not find new markets for its products.
PGG produces around 30 million tonnes of coal a year, but its output is expected to drop this year due to falling demand and the COVID-19 pandemic.
The company’s management prepared a restructuring plan, which assumed the closure of two of its coal mines, but the proposal was rejected by the trade unions in July. Since then, the government, PGG and unions have been working on a new restructuring scheme.
“The biggest challenge today is to design this change in such a way that it is as acceptable as possible,” Rogala said, adding that figures reflecting the market trends could not be ignored.
Source: Reuters (Reporting by Agnieszka Barteczko; Editing by Mark Potter)
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Friday, 18 September 20
INDIA'S COAL-FIRED POWER OUTPUT PICKS UP AS INDUSTRIAL USE RISES - REUTERS
India’s coal-fired electricity generation rose 9.4% in the first half of September, provisional government data showed, as demand from indust ...
Friday, 18 September 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 17 September 20
LAST HOPES FOR DEMAND GROWTH SET TO DISAPPOINT THERMAL COAL EXPORTERS - IEEFA
Asian thermal coal exporters are fighting an uphill battle even in new markets
The world’s largest thermal coal exporter is eyeing new m ...
Wednesday, 16 September 20
MARKET INSIGHT - INTERMODAL
Another active week in terms of SnP has concluded in the dry bulk market with a diversified array of transactions recorded. Despite the correction ...
Friday, 11 September 20
IMO 2020: A REVIEW OF THE TRANSITION TO VLSFOS - GARD
KNOWLEDGE TO ELEVATE
Many predictions were made in the run up to the imposition of the MARPOL 2020 sulphur cap, none of which was that the tra ...
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- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- White Energy Company Limited
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
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