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Wednesday, 21 October 20
BRAZIL EXPORTED 238.7 MLN TONNES OF IRON ORE IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
 Brazil’s iron ore exports have been gradually but steadily recovering following a disastrous winter period of 2019/2020. In the first 9 months of 2020, Brazil exported 238.7 mln tonnes of iron ore by sea, according to vessel tracking data from Refinitiv. This represents a net decline of -4.9% y-o-y compared to the 250.9 mln tonnes exported in the same period of 2019, and is also -15.9% lower than the 283.8 mln tonnes exported in Jan-Sep 2018, Banchero Costa said in its latest weekly report.
However, the report noted that, this is a much better result than what could have been expected at the start of the year.
In January 2020, when China was starting to be hit by the pandemic, Brazil managed to ship out just 20.8 mln tonnes of iron ore. This was a whopping -26.6% less than in December 2019, and -30.8% down on a year-on-year basis. In the whole of the first quarter of 2020, Brazil exported 65.0 mln tonnes of iron ore, which was a disappointing -17.2% decline on the same period last year. At the time, most people thought that things could go even worse, what with all the lockdowns and terrible forecasts for the economy.
However, Accordin to the report, January proved to be the low point of the year. In April-June 2020, ore exports increased to 77.9 mln tonnes, which was +19.9% more than in the first quarter of the year, and actually up +1.4% year-on-year but only due to the low base of a disastrous second quarter last year, which was heavily impacted by the Brumadinho dam disaster. Things were even better in the third quarter of 2020. In the July- September period, Brazil exported 95.9 mln tonnes of iron ore, which was a strong +23.1% more than in the second quarter, and also +0.2% more than in 3Q2019. In terms of trading patters, China is emerging as even more dominating than it already was.
Banchero Costa report further noted, direct shipments to China remained by far the top destination this year, accounting for 66.9% of Brazil’s iron ore exports in Jan-Sep 2020. This is up from a 61.2% share in the same period last year. Total direct volumes to China increased by +3.9% y-o-y in Jan- Sep 2020 to 159.6 mln tonnes. Shipments to Malaysia (essentially Vale’s transhipment facilities) decreased sharply though, by -29.9% y-o-y to 11.6 mln tonnes.
Malaysia was the destination of 4.9% of iron ore shipments from Brazil so far this year. From Malaysia, 8.3 mln tonnes were then shipped onwards to China (70%), and 2.6 mln tonnes to Vietnam (22%), with most of the rest to Indonesia (4%). Volumes also declined from Brazil to Japan, by -33.4% y-o-y to 5.3 mln tonnes, and to South Korea by -21.3% y-o-y to 4.3 mln tonnes.
Direct shipments to Japan now account for 2.2% of Brazil’s total iron ore exports, whilst those to South Korea account for 1.8%. Shipments from Brazil to the EU (excluding the UK) dropped by a sharp -45.0% y-o-y this year.
The European Union accounted for 5.5% of Brazil’s iron ore shipments. Exports to the GCC countries (primarily pelletising plants in Oman and Bahrain) declined by -26.1% y-o-y in Jan-Sep 2020.
The GCC accounted for 4.3% of Brazil’s exports this year. Finally, shipments to Turkey increased marginally by +2.1% y-o- y to 3.7 mln tonnes.
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Wednesday, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
High coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power short ...
Wednesday, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...
Monday, 11 January 21
MUTED COAL RECOVERY IN 2021 - BALTIC EXCHANGE
Coal demand is expected to rebound in 2021
Medium-term outlook is less favourable although demand declines are expected to be subtle ...
Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880 ...
Friday, 08 January 21
INDIA COULD COMPETE AGAINST CHINA IN SOLAR MODULE PRODUCTION WITH THE RIGHT GOVERNMENT SUPPORT - IEEFA
The focus should be on helping manufacturers become globally competitive
Although one of the top 10 solar module producers in the world, India ...
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- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- ASAPP Information Group - India
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- White Energy Company Limited
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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