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Friday, 13 August 21
INDONESIA’S COAL EXPORTS TO JAPAN DECLINED BY -26.3% YOY TO 11.9 MLN TONNES IN THE FIRST 7 MONTHS OF 2021; STILL THE SECOND LARGEST SOURCE FOR JAPAN’S COAL IMPORTS IS INDONESIA - BANCHERO COSTA
 2020 proved to be a truly terrible year for global seaborne coal trade. Total global loadings in the 12 months of 2020 were down -12.7% year-on-year to 1130 million tonnes, according to data from Refinitiv, Banchero Costa said in its latest weekly report.
According to Banchero Costa, in 2021 things started pretty badly, but we are seeing increasing signs of things returning back to “normal”. In the first 7 months of 2021, global seaborne coal trade increased by +2.5% y-o-y to 681.8 mln tonnes, from 665.1 mln tonnes in the January-July 2020 period. However, this is still down -10.2% from 759.4 mln tonnes in the same period of 2019. However, the worst was in the first quarter, as 1Q 2021 recorded a -8.2% y-o-y decline to 278.1 mln t. Things have steadily improved month after month.
In the second quarter of 2021, Banchero Costa says, the global coal loadings reached 298.3 mln tonnes, which was +8.7% y-o-y compared to 2Q 2020. Global coal trade has been steadily climbing month after month, and in July 2021 reached 105.4 mln tonnes, which was +20.1% up from July 2020, and only -5.1% down from July 2019.
Banchero Costa further noted that, the Japan is the third largest importer of coal in the world, after Mainland China and India. In 2020, Japan was the destination for 15.0% of global seaborne coal shipments.
However, imports into Japan have steadily declined over the years, even before Covid, due to limited economic growth and greater reliance on natural gas and renewable energy sources, as well as the restarting of previously shut nuclear power plants.
Accordign to Banchero Costa , the Japan’s seaborne coal imports in the 12 months of 2020 declined by -4.0% y-o-y to 166.8 mln tonnes. Let’s keep in mind says Banchero Costa, though that even in 2019 imports into Japan declined by -2.7% y-o-y, and in 2018 they declined by -0.5% y-o-y. When it comes to last year, the worst was in the third and fourth quarters.
In 1Q 2020, Japan imported 45.7 mln tonnes of coal, which was a positive +3.2% y-o-y increase. In 2Q 2020, imports continued at 39.8 mln tonnes, fairly flat at +0.3% y-o-y (2Q has been seasonally weak for a number of years). In 3Q 2020, imports into Japan stayed at 39.8 mln tonnes, but this was actually down -10.5% y-o-y from the same quarter in 2019. In 4Q 2020, imports nudged upwards to 41.5 mln tonnes, but this again was down -8.4% y-o-y, said Banchero Costa.
Volumes nudged up again in the first quarter of 2021, with Japan importing 44.6 mln tonnes of coal, which was a -2.4% y-o-y decline from the levels of 1Q 2020.
The report from Banchero Costa further said, the second quarter of 2021 was very weak, with just 37.9 mln tonnes, down -4.8% y-o-y from the second quarter of last year. In July 2021 things suddenly improved quite a lot, with 15.6 mln tonnes, which was +26.2% up month-on-month from June 2021, up +9.3% y-o-y from July 2020, and almost identical to the 15.9 mln tonnes recorded in July 2019. Overall in the first 7 months of 2021, Japan imported 98.1 mln tonnes of coal, which was down -1.7% y-o-y from the same period in 2020.
According to Banchero Costa, In terms of sources of coal imports to Japan, things changed a lot.
Australia, which was already the top coal exporter to Japan, further increased volumes as they had to divert the cargoes that in the past they would have sold to China.
Imports to Japan from Australia increased by +9.9% y-o-y to 64.7 mln t in the first 7 months of 2021, from 58.8 mln tonnes in the same period of 2020.
Australia now accounts for 66% of Japan’s coal imports.
The second largest source for Japan’s coal imports is Indonesia, accounting for a 12% share.
Shipments from Indonesia to Japan declined by -26.3% y-o-y to 11.9 mln tonnes in the first 7 months of 2021, from 16.2 mln tonnes in the same period of 2020.
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Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
Wednesday, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the d ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
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- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Romanian Commodities Exchange
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
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