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Tuesday, 01 November 22
CHINA COAL TRADE DISRUPTED BY COVID OUTBREAKS AS WINTER LOOMS - REUTERS
China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks before the country’s north switches on mostly coal-fired heating systems for winter and demand jumps.
The world’s top coal consumer still relies on the fuel to heat homes across much of the colder north, and Beijing is determined to ensure sufficient supplies this year after shortages led to unprecedented power outages in 2021.
But China’s top three coal production regions have reported hundreds of COVID cases in recent weeks, data from the country’s health commission showed, disrupting coal trade. The provinces introduced strict transport curbs this month, leaving some mines unable to ship coal out and forcing them to slow or halt production.
The curbs include special licences for trucks to enter mines, while drivers are not allowed to leave their cabs during entire shipment journeys, which often cover 1,000 kilometres.
In Zhungeer county, which contributes 27% of Inner Mongolia’s coal production, authorities ordered everyone in the area to stay home since Oct. 19 after a solitary COVID case was reported at a coal mine, local government statements showed.
“Coal mines have to lower operations or even shut down if they cannot find trucks to transport their production out,” said a Zhungeer-based coal trader.
Two coal mines in Wuhai city in Inner Mongolia suspended production two weeks ago, said people managing the mines. The people declined to be named because they are not authorised to speak to media.
Meanwhile a month-long maintenance shutdown at the Daqin railway, China’s biggest coal transport line connecting the coal mining hubs with Qinhuangdao port, has also been extended for a week after dozens of railway staff contracted COVID in mid-October, two coal traders said.
Daqin typically transports about 1.3 million tonnes of coal in a normal day, but daily volumes have plunged to between 200,000 tonnes and 300,000 tonnes, according to traders.
At major ports coal inventories have also fallen by 3% since late September, data from the China Coal Transportation and Distribution (CCTD) agency showed.
‘DELICATE BALANCE’
Spot prices for 5,500 kilocalories thermal coal are up 9% on the month, hitting a seven-month high of 1,650 yuan ($228.26) a tonne, according to coal traders.
However, the impact of lower production has so far been offset to some degree as utilities have yet to step up winter purchases, said CCTD analyst Zhou Jie.
Daily coal use at major coastal power plants has slid from over 2 million tonnes a month ago to below 1.8 million tonnes, which is sufficient for 17 days of use, CCTD data showed.
The number of vessels currently waiting to load coal from northern Chinese ports stands at about 80 per day, about 24% less than the same period last year, according to data compiled by consultancy Sxcoal.
But traders remain worried that an extended outbreak could hit markets in two weeks when heating season starts in north China.
“The market is in a delicate balance. It depends on which one of the factors will come first to break the balance – the end of COVID outbreaks or the pick-up in demand,” said a Beijing-based coal trader.
Source: Reuters
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Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
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- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
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- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
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- Krishnapatnam Port Company Ltd. - India
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- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
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- Bulk Trading Sa - Switzerland
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- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Central Java Power - Indonesia
- Planning Commission, India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
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