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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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Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...
Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...
Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...
Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...
Wednesday, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
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- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- The University of Queensland
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
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