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Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
 Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coal loadings increased by a whooping +18.8% y-o-y to 417.7 mln t (excluding cabotage), admittedly from a fairly low 351.6 mln t in the same period of 2022, Banchero costa said in its latest weekly report.This was also higher than the 363.9 mln t loaded in Jan-Apr 2021, and the 379.7 mln t in Jan-Apr 2020. It was just a shade below the 418.3 mln t loaded in Jan-Apr 2019.
The report further noted that, in Jan-Apr 2023, exports from Indonesia increased by +48.7% y-o-y to 143.3 mln t, whilst from Australia were down -3.2% y-o-y to 108.6 mln t, from Russia were up +21.4% y-o-y to 61.3 mln t, from the USA increased by +25.0% y-o-y to 26.9 mln t, and from South Africa +8.9% y-o-y to 22.6 mln t.
Seaborne coal imports into Mainland China surged by +90.6% y-o-y to 108.9 mln t in Jan-Apr 2023, whilst imports to India increased by +17.5% y-o-y to 67.1 mln t, imports to Japan by -0.4% y-o-y to 56.7 mln t, to South Korea by -0.8% y-o-y to 38.1 mln t, to the EU -4.1% y-o-y to 34.7 mln t.
Banchero costa’s weekly report further noted that, Canada is the seventh largest exporter of coal in the world. In 2022, Canada accounted for 3.8% of global seaborne coal shipments. Canada’s seaborne coal exports in the 12 months of 2022 declined by -7.6% y-o-y to 41.3 mln tonnes.
This followed an equally strong decline of -5.7% y-o-y in 2021, and a -18.8% y-o-y decline in 2020. In the first 4 months of 2023, coal exports from Canada rebounded by +6.3% y-o-y to 15.9 mln tonnes, which was the highest for this part of the year since the 16.1 mln tonnes in Jan-Apr 2020.
Nearly half of the coal produced in Canada is thermal and half is metallurgical. Canada's exports are primarily metallurgical coal. Alberta and British Columbia produced 85% of Canada's coal. Canada exports about half of its coal production. Given the location of its mining resources, the overwhelming majority of Canadian coal exports are shipped from ports in British Columbia, on the Pacific coast. Of the 41.3 mln tonnes shipped in calendar 2022, 54.2% (22.4 mln tonnes) were shipped from Roberts Bank, 27.8% (11.5 mln tonnes) from Vancouver, and 17.9% (7.4 mln tonnes) from Prince Rupert.
According to Banchero costa, the vast majority of Canada's coal exports go to Asia, which is still a significant consumer. In 2022, as much as 32.9% of Canada’s seaborne coal exports were shipped to Japan. In Jan-Dec 2022, coal exports to Japan from Canada remained flat with a +0.2% y-o-y growth at 13.6 mln tonnes. The second largest destination for Canadian coal is South Korea, accounting for 25.4% of Canada’s exports in 2022.
The report also said, in 2022, exports from Canada to South Korea declined by -9.8% y-o-y to 10.5 mln tonnes. In third place is Mainland China which accounted for a 18.0% share in 2022.
In 2022, shipments from Canada to China declined by -17.4% y-o-y to 7.4 mln tonnes, although this represents a correction from a +53.3% y-o-y increase recorded in 2021. The volume seen last year was still significantly above anything seen up until 2021.
In fourth place was the European Union, with a 7.2% share of Canada’s coal exports. In 2022, 3.0 mln tonnes of coal were exported from Canada to the EU, down -3.7% y-o-y.
In fifth place was India, with a 6.1% share of Canada’s coal exports. In 2022, India imported 2.5 mln t from Canada, up +24.4% y-o-y from
just 2.0 mln t in 2021.
However this was still significantly below the 3.9 mln tonnes shipped to India in 2020 and the 5.7 mln tonnes shipped in 2019.
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Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...
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- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- ICICI Bank Limited - India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
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