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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
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