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Friday, 18 December 20
SOUTH AFRICAN COAL EXPORTERS LARGELY DEPENDENT ON THE ASIAN MARKETS - BANCHERO COSTA
 South Africa is the fourth largest exporter of coal in the world, after Australia, Indonesia and Russia. In calendar 2019 the country exported a total of 67.4mln tonnes of coal by sea, according to Refinitiv vessel tracking data, Banchero costa research said in its latest weekly report.
According to Banchero costa research , South Africa’s economically recoverable coal reserves are estimated at between 15 and 55 billion tonnes. 96% of reserves are bituminous coal; metallurgical coal accounts for approx. 2% and anthracite another 2%.
Production is mainly steamcoal of bituminous quality. The vast majority of coal exports from South Africa are loaded at Richards Bay port in KwaZuluNatal, on the east coast of the country. Occasionally, some cargoes are loaded at nearby Durban port. In the past, South Africa was able to benefit from its location to be a swing supplier to both the Atlantic and Pacific basins.
Banchero costa research further says, this is no longer the case, as coal demand in Europe has largely evaporated in recent years. This has left South African exporters largely dependent on the Asian markets, where they face tough competition from Indonesian and Australian suppliers.
South African coal exports have been generally shrinking in recent years, due to a combination of lower production and lack of competitiveness, but have actually done surprisingly well this year. In the first 11 months of 2020, South Africa exported 63.6 mln tonnes of coal by sea, according to vessel tracking data from Refinitiv.
The report further noted that, this represents an increase of 3.9% y-o-y, compared to the 61.2 mln tonnes exported in the same eleven-month period of 2019. The year can be essentially divided into a really disappointing first half and a much better than expected second half.
The first quarter of 2020 was really mixed, with South Africa exporting 16.7 mln tonnes of seaborne coal, which was a 2.9% increase on the same period last year. This consisted of a good January 2020 with 6.3 mln tonnes (up 43.4% y-o-y from an exceptionally poor January 2019) and a disappointing March 2020 with 5.5 mln tonnes(down 17.1% y-o-y).
The second quarter of 2020 was a disaster, as Indian demand in particular evaporated on lockdown and economic recession. In the period April-June 2020, seaborne coal exports from South Africa declined by 12.9% year-on year to 15.7 mln tonnes. Things then rebounded strongly in the third quarter, with demand from India but also from China and Vietnam picking up. In the Jul-Sep period, South Africa exported 17.2 mln tonnes of coal, which was a 19.6% increase from the 14.4 mln tonnes exported in the same quarter last year.
Overall, exports to India, the top destination of South African coal with a 50% market share, are still down this year. Just 31.6 mln tonnes were shipped to India in the first 11 months of this year, down 7.3% y-o-y. On the other hand, shipments to Vietnam surged spectacularly to 5.2mln tonnes in Jan-Nov 2020, up from just 0.4 mln tonnes in the same period last year.
Vietnam is now the third largest destination for South African coal after India and Pakistan. Exports to Mainland China are also up 101% y-o-y to 3.6 mln t. However to South Korea shipments are down by 64.8% y-o-y to 1.4 mln tonnes.
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Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...
Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...
Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The Ministry of Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...
Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes (mt) i ...
Wednesday, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...
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- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Ministry of Mines - Canada
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
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