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Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations for a demand recovery and after curbs on bringing in Australian coal were removed.
The world’s top coal consumer brought in 41.17 million tonnes last month, the highest level since January 2020, data from the General Administration of Customs showed on Thursday.
That compares to an average of 30.32 million tonnes per month in the January-February period, and represents an increase of 151% from March last year.
For the first quarter of 2023, China imported a total of 101.8 million tonnes of coal, nearly doubling from a low base last year, the data showed.
Coal demand in China is expected to be robust in the second quarter as the economy continues to emerge from the country’s now-abandoned zero-COVID regime.
Australian coal arrivals were expected to have grown in March after Beijing removed restrictions on coal trade with Canberra.
Cheaper pricing has encouraged imports of Australian thermal coal. Domestic thermal coal with energy content of 5,500 kilocalories costs 1,050 yuan ($152.76) a tonne at the northern Chinese port of Qinhuangdao, while Australian coal of the same quality costs around $120 a tonne on a free-on-board basis.
Utilities and traders also stepped up procurement from Indonesia before the Muslim country entered the Ramadan festival in mid-March.
Coal production and transport in Indonesia, China’s top thermal coal supplier, typically slow ahead of the Muslim fasting month. Last year Ramadan fell in early April.
Source: Reuters
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Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
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- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Parliament of New Zealand
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- The University of Queensland
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
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