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Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply, but the volume dropped from a record high set in March.
The immediate outlook for demand is not strong, however.
China, the world’s top coal producer, mined 362.8 million tonnes of the fuel last month, data from the National Bureau of Statistics showed on Monday, equivalent to 12.09 million tonnes per day.
That compares with the record of 12.77 million tonnes per day in March and 10.74 million tonnes per day a year before.
Production over the January-April period was 1.45 billion tonnes, also 11% higher than in the same period a year earlier, the bureau’s data showed.
China is aiming at lifting daily coal output above 12.6 million tonnes and building a national inventory of 620 million tonnes to ensure it has sufficient supply.
The government has also urged regions that largely rely on imported coal to sign more contracts of at least a year’s duration with domestic coal producers, to secure supply.
China’s central bank said that, to support more output, it had allocated an additional 100 billion yuan ($14.7 billion) of loans dedicated to coal production, storage and purchases by power plants.
Beijing has also set price caps for thermal coal under spot trade and term contracts to ease inflation pressures and balance profits between coal miners and utilities.
However, lean demand from downstream sectors, following a wide range of industrial plant shutdowns because of COVID-19 outbreaks, could weigh on further growth of coal output.
China’s April power generation plunged to a level last seen in May 2020, with thermal power output dropping 12% from a year before.
Coal inventories at utilities in eight Chinese coastal regions reached 29.66 million tonnes by May 7, 25% higher than the same period last year, data tracked by China Coal Transportation and Distribution showed.
Source: Reuters
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Wednesday, 21 June 23
CHINA'S MAY COAL IMPORTS FROM AUSTRALIA RECOVER TO PRE-BAN LEVELS - REUTERS
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroecono ...
Monday, 19 June 23
DROUGHT-DEPLETED HYDROPOWER DRIVES CHINA TO TURN TO COAL - REUTERS
China has leant hard on coal-fired power plants as well as wind and solar generators to make up for a shortfall in hydroelectric generation as a re ...
Monday, 19 June 23
CHINA COAL OUTPUT UP 4.2 PCT IN MAY - XINHUA
China’s raw coal output posted steady growth in May, official data showed.
The country produced 390 million tonnes of raw coal ...
Wednesday, 24 May 23
AMMONIA-FUELLED BULK CARRIERS WITHIN FIVE YEARS - BALTIC EXCHANGE
Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia.
A study ...
Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...
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- Aditya Birla Group - India
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- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
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- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Planning Commission, India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
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- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
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- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
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- Bahari Cakrawala Sebuku - Indonesia
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- Sical Logistics Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
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- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
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- Ministry of Finance - Indonesia
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- Simpson Spence & Young - Indonesia
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