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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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Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 ...
Tuesday, 22 December 20
SOUTHEAST ASIA'S COAL DEMAND IS SET TO EXPAND AFTER THE PANDEMIC-INDUCED HIATUS IN 2020 - IEA
Coal consumption in Southeast Asia has more than doubled in the last decade, with the largest growth in Indonesia and Viet Nam, followed by Malaysi ...
Tuesday, 22 December 20
COAL DEMAND IS RISING QUICKLY IN PAKISTAN AND MORE SLOWLY IN BANGLADESH - IEA
Pakistan had 150 MW of installed coal power capacity in 2015. Since 2017, in addition to a few small plants for industry, Pakistan has commissioned ...
Tuesday, 22 December 20
AFRICA PERSPECTIVE INDICATES NO MAJOR SHIFTS FOR COAL CONSUMPTION - IEA
Overall countries on the African continent consumed 197 Mt of coal in 2019, 12 Mt less (-6%) than 2018.
South Africa, the continent& ...
Monday, 21 December 20
COAL PRICES WITHSTAND DESPITE COVID-19 AND CHINESE IMPORT QUOTAS - IEA
Coal prices vary by region as well as by grade and quality. The price rebound starting in 2016 ended in 2018, moving in a downward trend in 2019. A ...
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- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- MS Steel International - UAE
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
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