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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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Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjus ...
Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...
Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid ...
Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars
Change in Canadian policy could have major implications ...
Tuesday, 26 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
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- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- The University of Queensland
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
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