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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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- The University of Queensland
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
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