We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 29 June 22
LNG MARKET REMAINS TIGHT - INTERMODAL
LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall ...
Wednesday, 29 June 22
CHINA'S NEW PLAN FOR RENEWABLE ENERGY DEVELOPMENT FOCUSES ON CONSUMPTION - FITCH RATINGS
China’s focus on consumption penetration for renewable energy development in its recently released 14th five-year plan – 2021 to 2025 & ...
Wednesday, 29 June 22
APAC CORPORATE SECTOR OUTLOOKS SHIFT AMID GLOBAL SHOCKS - FITCH RATINGS’
Fitch Ratings’ mid-2022 corporate sector outlook review revealed that the Asia-Pacific (APAC) region saw the largest number of sector outlook ...
Thursday, 16 June 22
MARKET INSIGHT - INTERMODAL
Picking up from my last insight in March, on the early days of the invasion, it's worth pointing out the way that the fast-paced working enviro ...
Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
|
|
|
Showing 316 to 320 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
|
| |
| |
|