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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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Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
Friday, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
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- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- The Treasury - Australian Government
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Kideco Jaya Agung - Indonesia
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