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Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
 Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 Mt), followed by thermal coal for non-power applications (226 Mt). The remainder was metallurgical coal used mainly for steel production.
Compared with 2018, coal consumption fell 1.8%, or 18 Mt in 2019, almost exclusively due to lower thermal coal use for power generation. Declining coal demand reflects India’s slower economic growth and significant hydropower output with heavy monsoon rains in 2019. While India’s economy grew 6.1% in 2018, GDP growth in 2019 was just 4.2%.
Coal consumption in India is expected to fall sharply in 2020. This applies to thermal coal (including lignite) for power generation (‑4.5%, ‑31 Mt;), thermal coal for other applications (-10%, -23 Mt) and met coal (-20%,-13 Mt).
This drastic drop results mainly from the Covid‑19 pandemic effects. Measures to contain the virus in India were taken at the end of the first-quarter 2020. A complete lockdown that began 25 March had a drastic effect on key coal consumers. In April, crude steel production fell by more than 90% y-o-y after the collapse of steel demand from construction and automobile production.
In the second-quarter, y-o-y production drops were 33% for pig iron, 43% for sponge iron and 38% for cement. The effects of the restrictions remained evident in the third-quarter. In addition, coal-fired power generation will decline in 2020 (-4.5%) due to lower demand for electricity and preferential dispatch for nuclear and renewables. Gas-fired generation was boosted by low LNG prices.
In April 2020, coal-fired power generation was more than 30% lower than in the previous year. Recovering power demand boosted coal-fired generation in September, accounting for the first y-o-y growth since the start of the pandemic. Assuming that the recovery continues until the end of the year, coal-based power generation will shrink by 4.5%.
For 2021 the IMF expects a recovery of India’s economy, with annual GDP growth of 8.8%. With electricity demand as well as industrial production rebounding, coal use is anticipated to increase 3.8%, or by 35 Mt. In the medium term (to 2025), India has one of the highest potentials to increase coal consumption as electricity demand rises and more steel and cement are required for infrastructure projects. Additionally, the government aims to expand coal gasification considerably, targeting 100 Mt of coal gasification by 2030. Methanol production (with four coal-to-methanol projects already lined up) is a major focus of its policy.
Sourcec; COAL 2020, IEA
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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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- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
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