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Wednesday, 02 December 20
GLOBAL MINING SECTOR OUTLOOK STABLE DUE TO CHINA'S RECOVERY - FITCH RATINGS
 China’s post-pandemic economic recovery and sizeable infrastructure-focused government stimulus boosted global metals and mining prices, helping to stabilise Fitch Ratings’ expectations for the sector’s performance in 2021. Risks of pandemic-related supply disruptions and slower-than-forecast economic growth will linger next year, but their impact on the sector will be moderate compared with the downturn in 1H20.
Improved demand in the metals and mining sector was primarily driven by a quick recovery in China, fuelled by significant government investments in infrastructure as well as monetary policies that support construction, although a full economic recovery in other regions will take longer. Our stable sector outlook reflects favourable conditions in several important markets, such as iron ore, copper and aluminium. We expect prices to moderate in 2021 and align closer with market fundamentals. Supply-demand dynamics for individual commodities will evolve, reflecting economic growth in various regions and potential supply disruptions driven by pandemic-related restrictions or weather conditions.
Iron ore and gold miners will continue to benefit from robust demand and cash flow generation in 2021. Increasing supply from Brazil is key for reducing the global market deficit, which could be delayed, leading to some upside potential for our price assumptions. We expect the copper and nickel markets to be broadly balanced in the medium term. Demand for nickel, which is used in batteries, could be boosted by the European green recovery pledges that introduce tax breaks and purchase incentives for electric vehicles.
Commodities such as aluminium, zinc, metallurgical coal and thermal coal will remain over-supplied in the near term. Prudent financial policies that could help mitigate emerging risks are key for the ratings in these segments.
Source: Fitch Ratings
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Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S ...
Monday, 04 January 21
BLISS FOR SHIPOWNERS! DAMAGES MAY BE CLAIMED IN ADDITION TO DEMURRAGE FOR VOYAGE CHARTERPARTY DELAY - WFW
KNOWLEDGE TO ELEVATE
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resol ...
Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by ...
Wednesday, 30 December 20
A LOOK BACK INTO 2020: THE HEADWINDS, THE TAILWINDS AND EVERYTHING IN BETWEEN - SIGNAL
There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. T ...
Tuesday, 29 December 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.66 PCT - XINHUA
China Taiyuan coal transaction price index stood at 134.78 points Monday, up 0.66 percent week on week.
The index, released by China ...
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- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Minerals Council of Australia
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
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