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Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
FitchFitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes  (mt) in January-October 2020 due to a fall in power demand.

The revival  in economic activity has led to power demand growth since mid-September, supporting a small rise in coal imports since then. However, Fitch expects coal imports to remain subdued as the government is urging utilities to replace imported coal with domestically produced coal, and state-owned Coal India Limited is raising production. 
 
Fitch expects the PLFs for coal-fired power plants to improve gradually, tracking the economic recovery. However, we believe cost-competitive renewable energy will account for a larger portion of India’s electricity output in the long term and will continue to pressure PLFs of coal-fired power projects.

India’s central government also relaxed the coal-washing requirement of domestic miners supplying thermal  plants.  This should support demand for domestic coal, but will reduce imports when domestic production and logistical bottle necks are better managed in the long term.


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Saturday, 16 January 21
SEABORNE TRADE IN STEAM COAL DECREASED BY 11.6% FROM 937 MILLION TONNES IN 2019 TO 828 MILLION TONNES IN 2020 - COAL IMPORTERS ASSOCIATION, GERMANY
According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), global hard coal production dec ...


Friday, 15 January 21
OVER US$50 BILLION IN GAS POWER PROJECTS AND LNG IMPORT FACILITIES AT RISK OF CANCELLATION IN BANGLADESH, PAKISTAN AND VIETNAM - IEEFA
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Friday, 15 January 21
VIETNAM'S EXTRAORDINARY ROOFTOP SOLAR SUCCESS DEALS ANOTHER BLOW TO THE REMAINING COAL PIPELINE - IEEFA
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Friday, 15 January 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Thursday, 14 January 21
KOREA MIDLAND POWER INVITED BIDS FOR AUSTRALIAN COAL FOR THREE YEARS SUPPLY
COALspot.com: Korea Midland Power Co. Ltd, issued an International tender for total 1,560,000 MT of Min.5,700 kcal/kg NCV coal of Australian Origin ...


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