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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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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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- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- White Energy Company Limited
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
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