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Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government official said, driven mainly by higher production from mines owned by private companies.
State-run Coal India is expected to boost production to 850 million tons from an estimated 780 million tons in 2023/24, but its share in overall output is expected to drop to 75% from 80% in 2022/23.
If output meets expectations, it will mark the third straight year of India’s coal output rising by more than 10%.
Prime Minister Narendra Modi’s government has cited energy security concerns amid surging power demand and low per-capita emissions to defend India’s high dependence on coal. Power generation in 2023 increased by 11.3%, the fastest pace in at least five years.
The world’s second largest user of coal has also been boosting imports of thermal coal, which increased 9.4% to 176.3 million tons in the year ended December 2023, according to consultancy Coalmint.
Coal-fired energy output surged 14.7% in 2023, outpacing renewable output growth for the first time since at least 2019.
Captive mines – which mine coal for their own use – are seen boosting production to 175 million tons in 2024/25, 30 million tons more than estimated in 2023/24, the official said. Output from mines recently auctioned to private companies are expected to boost output by over 40% to 20 million tons in 2024/25.
Smaller miner Singreni Collieries is expected to produce 72 million tons in 2024/25, compared with an estimated 70 million tons in 2023/24. NLC India is expected to produce 17.8 million tons in 2024/25, compared with 14.44 million tons this fiscal year.
India has contributed most to the rise in Asia’s coal-fired power output, with an increase in generation outpacing other coal-dependent major economies such as Indonesia, Philippines and Vietnam.
Source: Reuters
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Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...
Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...
Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...
Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...
Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...
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- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Australian Coal Association
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- PTC India Limited - India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
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