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Thursday, 14 July 22
CHINA'S JUNE COAL IMPORTS SLUMP AS TRADERS SHUN EXPENSIVE OVERSEAS CARGOES - REUTERS
China’s coal imports fell 33% in June from a year ago, with traders turning down expensive overseas cargoes in favor of domestic ones with capped prices as COVID-19 restrictions and higher renewables output dented demand for coal-fired power.
China imported 18.98 million tonnes of coal last month, compared to 28.93 million tonnes in June 2021, data from the General Administration of Customs showed on Wednesday.
Over the first half of 2022, China imported 115 million tonnes of the fuel, 17.5% lower than a year ago.
The decline in coal imports came after Beijing’s rigorous regulation of domestic coal prices. It capped thermal coal with a heating value of 5,500 kilocalories (kcal) at northern Chinese ports at 770 yuan ($114.60) a tonne under long-term contracts and at around 1,200 yuan for spot shipments.
In contrast, benchmark Newcastle 5,500 kcal thermal coal traded at an average of $402.50 a tonne on a free-on-board basis in June, boosted by a global fuel shortage in the wake of the Ukraine crisis.
“Chinese traders don’t have many incentives to buy seaborne coal given the unfavorable prices, and the rise of dollar makes imported cargoes even more expensive,” said a Singapore-based coal trader.
Thermal power generation, mostly from coal-based utilities, plunged 11% in May from a year ago because of surging hydropower output and a drop in total power production during COVID-19 lockdowns.
With temperatures rising in China, however, utilities have increased coal tender issuances for late-July and August arrivals, to prepare for a pick-up in power demand as households turn on air conditioners. But most of the tenders are seeking lower priced and lower quality coal from Indonesia.
Daily coal consumption has climbed to about 2 million tonnes in early July, similar to the same period last year, according to data compiled by the China Coal Transportation and Distribution Association (CCTD).
Source: Reuters
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Friday, 08 July 22
AUSTRALIAN COAL PRICE BREAKS AGAIN LEVEL US$ 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. ...
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&rsq ...
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- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
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