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Thursday, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY’22.
According to the BSE release data, CIL produced 159.8 million tonnes (MTs) of coal as of Q1 end, which is 35.8 MTs more than the 124 MT output of April-June’22. All the coal companies of CIL have registered growth.
At around 10:16 AM, Coal India was trading at Rs183.90 per share up by Rs1.8 or 0.99% from its previous closing of Rs182.10 per share on the BSE.
“The likeness of such whopping growth was never witnessed in any Q1 since CIL’s inception. Our first quarter production surge of nearly 36 MTs surpassed the entire annual increase of 26.4 MTs of FY’22” said a senior official of the company.
Only twice before, CIL’s total yearly production was higher than what it achieved during the current year’s first quarter alone.
In its bid to achieve the fiscal’s 700 MT output target CIL began FY’23 with an asking rate of 12.4%. The steep production gain of Q1 helped the company bring down the asking growth rate to 8.3%. Increased production enables better stock build up.
Coal output for June’22 at 51.6 MTs also registered an unmatched 29% growth with volume increase of 11.5 MTs. CIL produced 40 MTs in June’21.
With the coal demand from power plants reaching a higher pitch, CIL’s supplies to power sector peaked to a new high of 153.2 MTs during the quarter registering a strong growth of 19.8%. The expansion in absolute terms was a robust 25.3 MTs over 127.9 MTs of last fiscal’s Q1.
CIL on an average supplied 1.684 MTs of coal per day to power sector during the quarter ended June’22 against requirement of 1.650 MTs per day, resulting in 102% materialization.
In June’22 supplies to coal fired plants have gone up to 1.713 MTs per day against projected requirement of 1.6 MTs resulting in 107% materialization.
CIL’s offtake to power sector, during June’22, clocked a sharp 27% growth at 51.4 MTs. This is 11 MT jump compared to 40.4 MTs in June’21. Higher supplies during the month resulted in coal stock accretion to the tune of 77,000 tons per day at power plants end.
Total coal off-take of 177.6 MTs during the quarter ended June’22 posted nearly 11% growth. Increase in absolute terms was 17.3 MTs compared to offtake of was 160.3 MTs in April-June’21.
CIL’s total off-take for June’22 clocked 15.4% growth at 59 MTs. The increase was 7.8 MTs compared to 51.2 MTs in June’21.
Source: IIFL Securities Ltd
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Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
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- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
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