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Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and 2021, significantly outpacing all other commodities which combined grew at an average of just 4.3% per year. So far in 2022, the appetite for bauxite imports has remained high and the price of aluminium has reached its highest level in 14 years.
The Russia-Ukraine war has caused aluminium prices to surpass USD 3,000/tonne for the first time since 2008, which is expected to lead to an increase in domestic aluminium production.
“In the first quarter of 2022, China’s bauxite imports hit record levels, increasing 15.4% y/y. This is in stark contrast to China’s total bulk imports which, excluding bauxite, dropped by 10.5% y/y,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Compared to the last quarter of 2021 bauxite arrivals increased 13.6% and particularly shipments from Guinea drove the increase as they contributed 57% of overall volumes.
“Despite being named for the Guinean port, Kamsarmaxes play only a very small role in the Guinea-China shipments and Capesizes are the main beneficiary of China’s demand for the commodity, carrying a little more than 70% of all volumes,” says Rasmussen.
In the long run, the aluminium supply chain may alter once again, as Guinea’s interim government has challenged international companies mining in the country. The military junta has demanded mining companies to present investment plans for alumina refining plants by May 2022.
“If the government succeeds in establishing large alumina refineries in Guinea, bulk shipping patterns will change. It takes four tonnes of bauxite to produce one tonne of alumina, which would cause a decline in the number of shipments between Guinea and China,” says Rasmussen.
By Chief Shipping Analyst, Niels Rasmussen
Source: BIMCO
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Tuesday, 26 April 22
INDIA'S COAL IMPORTS ARE SHIFTING, THERMAL MORE THAN COKING - REUTERS
India’s coal imports are starting to reflect shifting world trade and pricing dynamics in the wake of Russia’s invasion of neighbouring ...
Monday, 18 April 22
GERMAN COAL IMPORTERS EXPECT A BRIEF SPIKE IN PRICES ON EU BAN - REUTERS
A European Union embargo on Russian coal imports will push up prices in the short term before alternative supplies become available to steady the c ...
Monday, 18 April 22
FINNISH 'LOOPHOLES' ALLOW IMPORTS OF RUSSIAN COAL AND OIL TO CONTINUE - EURONEWS
Activists in Finland are calling for the government to clamp down faster on state-owned companies that continue to import raw materials from Russia ...
Monday, 18 April 22
GOVT IN DISCUSSION WITH WORLD BANK ON FRAMEWORK FOR COAL MINE CLOSURE - BUSINESS STANDARD
The coal ministry is in discussions with the World Bank for collaboration on the mine closure framework, a government official said on Wednesday.
...
Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...
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- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
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