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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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Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Sunday, 07 June 20
A SCRUBBER FITTED 61,000 ULTRAMAX WAS FIXED DELIVERY PHILIPPINES TRIP VIA SOUTH AFRICA REDELIVERY VIETNAM AT $9,500 - BALTIC BRIEFING
Capesize
The small flicker of hope at the beginning of this week has kindled a small fire under the Capesize market. At a paltry $3369 from the ...
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Showing 921 to 925 news of total 6871 |
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- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- The University of Queensland
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Australian Coal Association
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
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