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Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and businesses hit by power cuts in recent weeks.
Three major coal-producing provinces have pledged to increase production, Chinese news agency Caixin said.
Several provinces across the country have been suffering from blackouts since the middle of last month.
Demand for electricity is soaring as the country emerges from lockdowns.
North China’s Inner Mongolia region has told more than 70 mines to boost annual output capacity by nearly 100 million tonnes, according to the Reuters news agency, citing a government official and coal traders.
The area is the country’s second-largest producer of coal.
The proposed increase in output of 100 million tonnes would amount to almost 3% of China’s total annual thermal coal consumption.
The move is the latest attempt by authorities to increase coal supplies as prices hit record highs and electricity shortages have forced energy firms to ration power in large parts of the country.
Last week China’s state planner, the National Development and Reform Commission, called on mining companies and power firms to sign up to new agreements to resolve the problem.
Since last month, a series of power cuts has forced factories to cut back production or stop operations completely.
Manufacturing hubs in the northeast of China have been hit particularly hard.
In recent weeks, energy shortages have raised concerns in countries around the world, including the UK, mainland Europe and India.
UK consumers have been warned that household energy bills are set to rise sharply as prices surge on the wholesale market.
Meanwhile, India is on the brink of an unprecedented energy crisis as the country’s power suppliers are struggling to secure enough coal to meet rising demand for electricity.
Source: BBC
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Wednesday, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- VISA Power Limited - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Australian Coal Association
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- The University of Queensland
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
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