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Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
 Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in January 2020 was exceptionally high due to restrictions at the end of 2019, shows China and India Data Snapshot of Fitch Ratings.
Data Snapshot further shows, imports of thermal coal edged up 0.1% on a sequential basis in 5M21. China’s thermal power generation rose by 16.0% yoy in 5M21, driven by strong economic growth and limited incremental contribution from hydropower. Wind power generation surged by 47% in 5M21. Still, wind accounts for only one-fifth of the power generation growth in the period due to the limited absolute size. Aggressive installation of wind and solar capacity in China is not yet sufficient to meet the country’s incremental power. demand.
According to Data Snapshot of Fitch Ratings, Fitch estimates that Indian power demand will increase by around 6% in the financial year ending March 2022 (FY22), driving improvement in plant load factors (PLFs) of coal-based thermal power plants in the near term. We expect the impact on power demand from the recent resurgence in Covid-19 to be limited. Furthermore, the slowdown in renewable capacity additions since 2020, as a result of delays in construction and signing of power purchase agreements by distribution companies, should benefit thermal power plants. That said, we believe renewable energy will account for a larger portion of India’s electricity output in the long term and will pressure PLFs of coal-fired power projects. The PLFs of coal-fired plants rose above pre-pandemic levels and remained consistently above 60% during January-April 2021 for the first time in the past five years. PLFs fell by 54% in May, hit by the resurgence in Covid-19 but remained higher than last year (47%).
China and India Data Snapshot of Fitch Ratings noted that, Indonesian coal exports fell by 37% yoy in1Q21 due to adverse weather conditions that hurt production. Fitch expects production to improve throughout the rest of the year, and Indonesian regulators have increased the 2021output target to 625 million tonnes, against 563 million tonnes of production in 2020. Fitch expects the majority of the production increases to be used for exports.
According to China and India Data Snapshot of Fitch Ratings, Australian thermal coal exports continued to decline, falling by 8% qoq and 11% yoy in 1Q21,as exports to China have completely halted.
Exports to India remained at a high level of 4.32 million tonnes in the quarter but were insufficient to compensate fully for the volume loss from China’s soft-ban on Australian coal since mid-October 2020.
Japan's power demand increased by3% yoy in May due to the limited impact from the country’s third state of emergency because of Covid-19. However, power demand in 5M21 stayed below most historical years other than 2020. Japan’s coal import volume declined by 5.4% yoy in 4M21, of which imported thermal coal decreased by 3.1%.
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Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...
Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
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- Georgia Ports Authority, United States
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Minerals Council of Australia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Australian Coal Association
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- White Energy Company Limited
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
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