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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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Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
Tuesday, 17 January 23
CHINA'S SHANXI TARGETS 2023 COAL PRODUCTION OF NEARLY 1.37B TONS - XINHUA
China’s coal-rich province of Shanxi has set a coal production target of nearly 1.37 billion metric tons for 2023, according to a government ...
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- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Parliament of New Zealand
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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