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Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
 Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and prices. Fitch also expects the recovery to continue into 2021, as we do not envisage a second round of strict lockdowns.
Fitch has revised its full-year coal-price assumptions, and also assumes lower volumes of 84%-89% of 2019 levels in 2020, reflecting weaker seaborne coal demand, before recovering gradually in 2021. There are further downside risks to volumes beyond our estimates, from a sustained weakness in coal prices.
Fitch also said, credit metrics of most Indonesian miners and contractors are likely to decline in 2020 close to - or beyond - our negative rating action triggers, affected by lower profitability and weaker volumes before recovering in 2021. Recurring sporadic lockdowns are likely to delay revival in economic growth, and in turn hurt demand for coal in key import markets.
Fitch also said, we envisage the ratings on most of the Indonesian coal companies to be at risk if the current weak coal price and demand environment continues into 2021. PT Bukit Makmur Mandiri Utama (BUMA, BB-), PT ABM Investama Tbk (ABM, B+) and PT Indika Energy Tbk (Indika, BB-), which are currently on Negative Outlook, are the most prone to a rating downgrade.
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Sunday, 14 June 20
INDONESIAN COAL WAS STILL IN DEMAND; A 52,000-DWT SUPRAMAX FIXING DELIVERY CJK FOR A ROUND VOYAGE VIA INDONESIA AT $6,250 - BALTIC BRIEFING
Capesize
The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the mar ...
Friday, 12 June 20
CHINA CURBS COAL IMPORTS AFTER 5 MONTHS OF RECORD INFLOWS - SOURCES: REUTERS
China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as ...
Friday, 12 June 20
COAL INDIA LIMITED SET FOR MARKETING DRIVE TO CREATE DEMAND - FINANCIAL EXPRESS
State-run miner Coal India (CIL), which is primarily focused on supplying coal to the power sector, is now reorienting its marketing to create dema ...
Friday, 12 June 20
MOODY'S REVISES BRENT OIL PRICE OUTLOOK TO $35/BARREL IN 2020 - TASS
Low oil prices are likely to exert the highest pressure on Iraq, Oman and Kuwait due to the limited space for the fiscal policy pursuit and higher ...
Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...
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Showing 911 to 915 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- CNBM International Corporation - China
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
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