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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, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
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