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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, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
Tuesday, 29 November 22
SEABORNE COAL FLOWS IN 2022 - SIGNAL
This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the ...
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- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- VISA Power Limited - India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Australian Coal Association
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
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