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Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 million tons to 1.3 billion in 2022 to ensure domestic energy supply.
Shanxi is also seeking to raise coal production by another 50 million tons next year, bringing its annual coal output to 1.35 billion tons, according to a circular issued by the provincial government.
While giving detailed methods to increase output, the local government urged increased attention be paid to coal production safety, including increasing work safety expenditure and accelerating the construction and restoration of smart coal mines.
Thanks to the supply-side structural reform, Shanxi’s coal industry has seen significant improvement in production efficiency, with advanced production capacity representing above 75 percent, Xinhua News Agency reported.
According to the National Bureau of Statistics, major coal mining enterprises in the province produced a total of 528 million tons of raw coal between January and May this year, with an average monthly output above 100 million tons.
Shanxi is a major coal production province in China, with its output accounting for around one-quarter of the country’s total volume. As of the end of February, there were 653 coal mines in the provinces, of which nine are large mines with capacity above 10 million tons a year.
Impacted by the prolonged pandemic and the Russia-Ukraine conflict, the prices of fossil fuels including coal, oil and natural gas surged to record highs, which, along with soaring shipping freight and a strong US dollar, which have constrained China’s coal imports this year.
According to latest data released by the General Administration of Customs of China, China imported 95.96 million tons of coal in the first five months of 2022, down 13.6 percent on a yearly basis.
Source: Global Times
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Wednesday, 13 July 22
MARKET INSIGHT - INTERMODAL
Taking the previous market insight a step further, market sentiment remains bullish regarding the overall ROI of scrubbers, facing tailwinds from a ...
Friday, 08 July 22
AUSTRALIAN COAL PRICE BREAKS AGAIN LEVEL US$ 400/TON!, UP AROUND 4% - CNBC INDONESIA
Coal prices shot up again and crossed the level of US$ 400 per ton. On Thursday (7/7/2022) trading, the selling price of August contract closed at ...
Friday, 08 July 22
INDONESIA MULLS MORE FREQUENT SETTING OF CRUDE PALM OIL REFERENCE PRICE - REUTERS
Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior trade ministry offici ...
Friday, 08 July 22
BUNKER PRICES EXPECTED TO RECOVER LOST GROUND NEXT WEEK - SERGEY IVANOV, MABUX
Over the Week 27, the world bunker indices showed a sharp decline, primarily due to the fall in oil prices on July 05. The 380 HSFO index fell by 5 ...
Thursday, 07 July 22
NTPC MINES 61% MORE COAL AT 4.22 MN METRIC TONNES IN APRIL-JUNE: PTI
State-owned power giant NTPC on Tuesday said that its coal output grew by 61 per cent to Rs 42.40 lakh metric tonnes in April-June quarter from 26. ...
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- The State Trading Corporation of India Ltd
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- Bharathi Cement Corporation - India
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- Parliament of New Zealand
- Planning Commission, India
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- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
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- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
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- Samtan Co., Ltd - South Korea
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- Latin American Coal - Colombia
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- Indonesian Coal Mining Association
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- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Australian Coal Association
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- Larsen & Toubro Limited - India
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- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
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- Indian Oil Corporation Limited
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- Karaikal Port Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
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- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
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- Power Finance Corporation Ltd., India
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- Orica Australia Pty. Ltd.
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- Bhoruka Overseas - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
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- Eastern Coal Council - USA
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- South Luzon Thermal Energy Corporation
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- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- The University of Queensland
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- Electricity Generating Authority of Thailand
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- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Minerals Council of Australia
- Indian Energy Exchange, India
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- Thiess Contractors Indonesia
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- MS Steel International - UAE
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