Saturday, 18 Feb 2012
ET reported that International coal prices are likely to move up further as the world's largest producer CIL needs to go on global shopping for the dry fuel to meet the increased demand of the power sector.
A Committee of Secretaries, set up by Prime Minister Manmohan Singh to sort out issues relating to the power sector, has asked CIL to sign Fuel Supply Agreements with power plants that have already been commissioned or would go on stream on or before March 31st 2015 for 20 years.
The analysts said that "It will be a Herculean task for Coal India Ltd to meet the additional obligations since its entire production now gets exhausted to feed the power sector. In the current situation, CIL's only way out is to go for procuring the raw material in countries like Indonesia, Mozambique, Australia and South Africa.”
Analyst said that "The international prices of coal are likely to go up as India's state run miner Coal India looks for procuring in the global market. The demand for coal in India is likely to go up manifold as projects go on stream.”
The international price of coal is now hovering a little over USD 100 per tonne.
(Sourced from ET)
Showing posts with label thermal coal imports.. Show all posts
Showing posts with label thermal coal imports.. Show all posts
Saturday, February 18, 2012
Monday, November 28, 2011
India coal import in October up by 26pct
Monday, 28 Nov 2011
India Coal Market Watch citing the Central Electricity Authority said that Indian power utilities increased coal imports in October by 26% from a year earlier to 3.27 million metric tones.
It said that the total coal received by power plants, both domestic and imports, fell by 7% last month to 29.9 million tones from a year earlier as local supplies declined.
(Sourced from Bloomberg)
India Coal Market Watch citing the Central Electricity Authority said that Indian power utilities increased coal imports in October by 26% from a year earlier to 3.27 million metric tones.
It said that the total coal received by power plants, both domestic and imports, fell by 7% last month to 29.9 million tones from a year earlier as local supplies declined.
(Sourced from Bloomberg)
Friday, November 11, 2011
Power minister urge power companies to procure imported coal
Friday, 11 Nov 2011
Ministry of Power has asked power utilities across the country to procure imported coal as per given targets in view of the increasing shortage of coal from domestic sources and directed Coal India to arrange coal supply to newly commissioned units.
As per CEA report of November 7 there are 38 thermal plants in country which have coal stock at super critical level implying the coal stock is for less than 4 days. 4 NTPC plants have no coal stock and these are Singrauli, Mejia, Koradama and Durgapur.
Haryana Rajasthan Uttar Pardesh, Andhra Pardesh, NTPC and other utilities have been asked to expedite placement of orders for import of the entire quantity of coal as per their assigned targets. Import of coal is not an easy job in itself moreover pricing of coal is also an important parameter. The costly coal imports lead to higher generation cost and utilities are not able to recover the additional investments made.
NTPC is going for direct coal import to tide over the critical coal stocks at a number of its thermal plants. Gujarat had to back down thermal generation to the extent of 15% due to the high cost of imported coal.
The acute coal shortages and poor quality of coal supplied to thermal stations was also reviewed in the meeting .It may be mentioned that 65% of the country's total power generation is met by thermal generation and of which 85% is coal based generation.
In Haryana Panipat and khedar have coal stock of 2 days and one day respectively. Moreover both plants normally complain about poor coal quality and high transit losses. The oil consumption at the plants has increased due to poor coal quality.
Ministry of Power has sought month wise data from utilities regarding gross calorific value of the coal received at power stations, delivered price along with transportation cost and information with regard to imported coal.
The power utilities are importing substantial amounts of coal to meet their requirements and many have failed to meet their annual targets on account of rising coal costs.
(sourced from Punjabnewsline)
Ministry of Power has asked power utilities across the country to procure imported coal as per given targets in view of the increasing shortage of coal from domestic sources and directed Coal India to arrange coal supply to newly commissioned units.
As per CEA report of November 7 there are 38 thermal plants in country which have coal stock at super critical level implying the coal stock is for less than 4 days. 4 NTPC plants have no coal stock and these are Singrauli, Mejia, Koradama and Durgapur.
Haryana Rajasthan Uttar Pardesh, Andhra Pardesh, NTPC and other utilities have been asked to expedite placement of orders for import of the entire quantity of coal as per their assigned targets. Import of coal is not an easy job in itself moreover pricing of coal is also an important parameter. The costly coal imports lead to higher generation cost and utilities are not able to recover the additional investments made.
NTPC is going for direct coal import to tide over the critical coal stocks at a number of its thermal plants. Gujarat had to back down thermal generation to the extent of 15% due to the high cost of imported coal.
The acute coal shortages and poor quality of coal supplied to thermal stations was also reviewed in the meeting .It may be mentioned that 65% of the country's total power generation is met by thermal generation and of which 85% is coal based generation.
In Haryana Panipat and khedar have coal stock of 2 days and one day respectively. Moreover both plants normally complain about poor coal quality and high transit losses. The oil consumption at the plants has increased due to poor coal quality.
Ministry of Power has sought month wise data from utilities regarding gross calorific value of the coal received at power stations, delivered price along with transportation cost and information with regard to imported coal.
The power utilities are importing substantial amounts of coal to meet their requirements and many have failed to meet their annual targets on account of rising coal costs.
(sourced from Punjabnewsline)
Monday, October 31, 2011
J-Power to use 1 mln tonnes more coal in 2011/12
Mon Oct 31, 2011
* Power wholesaler ups coal plant utilisation rate to 80 pct
* President says does not give up on first nuclear plant
TOKYO Oct 31 (Reuters) - Electric Power Development Co (J-Power) expects to consume 22 million tonnes of thermal coal in the year ending in March, up 1 million tonnes from a year earlier in the wake of the nuclear disaster in March.
J-Power, Japan's wholesale power producer and biggest thermal coal user, revised up its coal-fired plant utilisation rate to 80 percent in 2011/12 from its April projection of 72 percent. The run rate compared with 78 percent in the year ended in March.
In the six months to September, J-Power, which operates 7 coal-fired plants with total capacity of 8,410 megawatts, used 10.45 million tonnes of coal.
J-Power also raised its electricity sale projection for the current year to March 2012 to 65.9 billion kilowatt-hours from its April outlook of 59.5 billion, helped by a fall in nuclear plant utilisation of its customer utilities to a record low amid public concerns over safety.
J-Power has indefinitely suspended construction work on the Ohma nuclear plant in northern Japan since March 12, a day after a massive earthquake and tsunami devastated the northeast coastline, crippled the Fukushima nuclear station and resulted in a halt of supply of power and building materials for the Ohma plant's construction.
But the company's President Masayoshi Kitamura said he was not considering giving up the project to build the firm's first nuclear plant, even though it would take more time than previously planned.
PLAN TO BUILD FIRST NUCLEAR PLANT
The country's nuclear watchdog has given an approval to the project under the latest safety guidelines.
Prime Minister Yoshihiko Noda has said that nuclear power could play a role for decades with ensured safety in the wake of the world's worst nuclear crisis in 25 years at Tokyo Electric Power Co's Fukushima Daiichi nuclear power complex in the northeast.
But it is not yet clear if the government's post-Fukushima energy policy, which is to be finalised next year, will allow the Ohma project to complete.
J-Power is preparing to tell local authorities in Aomori prefecture its intention to resume the construction work, but the time does not seem ripe yet, Kitamura said.
"It may take time, but we have to proceed with necessary steps one by one ... to get support from a majority of local communities," Kitamura told reporters on the sidelines of a news conference on its earnings.
J-Power has kept unchanged its outlook to start commercial operations of the 1,383 MW Ohma plant in November 2014. But Kitamura said that the schedule looks difficult to meet.
(sourced Reuters)
* Power wholesaler ups coal plant utilisation rate to 80 pct
* President says does not give up on first nuclear plant
TOKYO Oct 31 (Reuters) - Electric Power Development Co (J-Power) expects to consume 22 million tonnes of thermal coal in the year ending in March, up 1 million tonnes from a year earlier in the wake of the nuclear disaster in March.
J-Power, Japan's wholesale power producer and biggest thermal coal user, revised up its coal-fired plant utilisation rate to 80 percent in 2011/12 from its April projection of 72 percent. The run rate compared with 78 percent in the year ended in March.
In the six months to September, J-Power, which operates 7 coal-fired plants with total capacity of 8,410 megawatts, used 10.45 million tonnes of coal.
J-Power also raised its electricity sale projection for the current year to March 2012 to 65.9 billion kilowatt-hours from its April outlook of 59.5 billion, helped by a fall in nuclear plant utilisation of its customer utilities to a record low amid public concerns over safety.
J-Power has indefinitely suspended construction work on the Ohma nuclear plant in northern Japan since March 12, a day after a massive earthquake and tsunami devastated the northeast coastline, crippled the Fukushima nuclear station and resulted in a halt of supply of power and building materials for the Ohma plant's construction.
But the company's President Masayoshi Kitamura said he was not considering giving up the project to build the firm's first nuclear plant, even though it would take more time than previously planned.
PLAN TO BUILD FIRST NUCLEAR PLANT
The country's nuclear watchdog has given an approval to the project under the latest safety guidelines.
Prime Minister Yoshihiko Noda has said that nuclear power could play a role for decades with ensured safety in the wake of the world's worst nuclear crisis in 25 years at Tokyo Electric Power Co's Fukushima Daiichi nuclear power complex in the northeast.
But it is not yet clear if the government's post-Fukushima energy policy, which is to be finalised next year, will allow the Ohma project to complete.
J-Power is preparing to tell local authorities in Aomori prefecture its intention to resume the construction work, but the time does not seem ripe yet, Kitamura said.
"It may take time, but we have to proceed with necessary steps one by one ... to get support from a majority of local communities," Kitamura told reporters on the sidelines of a news conference on its earnings.
J-Power has kept unchanged its outlook to start commercial operations of the 1,383 MW Ohma plant in November 2014. But Kitamura said that the schedule looks difficult to meet.
(sourced Reuters)
Friday, October 28, 2011
MahaGenco to increase steam coal import
Friday, 28 Oct 2011
BS reported that amid rising constraints in the availability of coal from Coal India Limited and its associate companies, state run Maharashtra State Power Generation Company has decided to increase the import of coal.
To start with, MahaGenco, whose plants faced a decline in generation, has floated a tender for the import of 0.2 million tonne of coal.
The company may also consider an additional import of up to 1 million tonne of coal.
MahaGenco, with an installed capacity of 7,500 MW, has a total requirement of 45 million tonne, of which it imports 4 to 5 million tonne.
A MahaGenco official told Business Standard, “We are aware that the supply of coal is expected to become a major issue in the days to come and therefore, we are looking at the possibility of more imports. New plants can absorb more quantity of imported coal, unlike old plants, which have limitations in this regard.”
He, however, added increased coal prices and restrictions imposed by several coal rich countries, including Australia, South Africa, Mozambique and Indonesia, are issues which needed to be considered while deciding to import additional coal.
The official also said domestic coal was priced at Rs 1,600-2,000 per tonne, while imported came at a price of Rs 5,000 per tonne.
(sourced from Business Standard)
BS reported that amid rising constraints in the availability of coal from Coal India Limited and its associate companies, state run Maharashtra State Power Generation Company has decided to increase the import of coal.
To start with, MahaGenco, whose plants faced a decline in generation, has floated a tender for the import of 0.2 million tonne of coal.
The company may also consider an additional import of up to 1 million tonne of coal.
MahaGenco, with an installed capacity of 7,500 MW, has a total requirement of 45 million tonne, of which it imports 4 to 5 million tonne.
A MahaGenco official told Business Standard, “We are aware that the supply of coal is expected to become a major issue in the days to come and therefore, we are looking at the possibility of more imports. New plants can absorb more quantity of imported coal, unlike old plants, which have limitations in this regard.”
He, however, added increased coal prices and restrictions imposed by several coal rich countries, including Australia, South Africa, Mozambique and Indonesia, are issues which needed to be considered while deciding to import additional coal.
The official also said domestic coal was priced at Rs 1,600-2,000 per tonne, while imported came at a price of Rs 5,000 per tonne.
(sourced from Business Standard)
Wednesday, October 19, 2011
Spain 2011 thermal coal imports seen at 10 million tonnes
Wed, 19 Oct 2011
Reuters quoted an executive from Spanish utility Iberdrola said Spain is on course to import 10 million tonnes of thermal coal in 2011 due to better margins on burning coal than liquefied natural gas.
Speaking on the sidelines of the annual Coaltrans conference in Madrid, utility sources said they have renegotiated LNG take-or-pay contracts and resold cargoes, mainly to Japan but also to Europe and elsewhere in Asia.
Mr Jorge Palomar a Madrid based executive in Iberdrola's coal and biomass trading department said "All of Spain's coal-fired power plants are currently burning."
Data from national grid operator REE showed coal plants were providing 21.1% of Spain electricity by 1150 GMT which compares to an average of 8% for 2010 as a whole.
(By Reuters)
Reuters quoted an executive from Spanish utility Iberdrola said Spain is on course to import 10 million tonnes of thermal coal in 2011 due to better margins on burning coal than liquefied natural gas.
Speaking on the sidelines of the annual Coaltrans conference in Madrid, utility sources said they have renegotiated LNG take-or-pay contracts and resold cargoes, mainly to Japan but also to Europe and elsewhere in Asia.
Mr Jorge Palomar a Madrid based executive in Iberdrola's coal and biomass trading department said "All of Spain's coal-fired power plants are currently burning."
Data from national grid operator REE showed coal plants were providing 21.1% of Spain electricity by 1150 GMT which compares to an average of 8% for 2010 as a whole.
(By Reuters)
Tuesday, October 18, 2011
Spain 2011 thermal coal imports seen at 10 mln T
Tue Oct 18, 2011
* LNG resold to Japan, Europe
* All Spanish coal-burning plants running
* Dry weather also increases coal burn
MADRID, Oct 18 (Reuters) - Spain is on course to import 10 million tonnes of thermal coal in 2011 due to better margins on burning coal than liquefied natural gas, an executive from Spanish utility Iberdrola said on Tuesday.
Speaking on the sidelines of the annual Coaltrans conference in Madrid, utility sources said they have renegotiated LNG take-or-pay contracts and resold cargoes, mainly to Japan but also to Europe and elsewhere in Asia.
"All of Spain's coal-fired power plants are currently burning," said Jorge Palomar, a Madrid-based executive in Iberdrola's coal and biomass trading department.
Data from national grid operator REE showed coal plants were providing 21.1 percent of Spain's electricity by 1150 GMT, which compares to an average of 8 percent for 2010 as a whole.
"Last year, it was very wet so there was more hydro available, this (year) it's been dry."
Utilities can sell hydropower at a discount to electricity generated from coal and gas, so a lack of it over the recent hot, dry summer has forced up wholesale Spanish power prices .
Spain's coal imports have languished in recent years and many analysts expect them to be compromised this year by the introduction of market regulations favouring domestically produced coal.
"Let's wait and see what happens next year. Spain's increase in coal imports is not enough to compensate for lack of demand across Europe," said a European trader who supplies Mediterranean utilities.
(sourced Reuters)
* LNG resold to Japan, Europe
* All Spanish coal-burning plants running
* Dry weather also increases coal burn
MADRID, Oct 18 (Reuters) - Spain is on course to import 10 million tonnes of thermal coal in 2011 due to better margins on burning coal than liquefied natural gas, an executive from Spanish utility Iberdrola said on Tuesday.
Speaking on the sidelines of the annual Coaltrans conference in Madrid, utility sources said they have renegotiated LNG take-or-pay contracts and resold cargoes, mainly to Japan but also to Europe and elsewhere in Asia.
"All of Spain's coal-fired power plants are currently burning," said Jorge Palomar, a Madrid-based executive in Iberdrola's coal and biomass trading department.
Data from national grid operator REE showed coal plants were providing 21.1 percent of Spain's electricity by 1150 GMT, which compares to an average of 8 percent for 2010 as a whole.
"Last year, it was very wet so there was more hydro available, this (year) it's been dry."
Utilities can sell hydropower at a discount to electricity generated from coal and gas, so a lack of it over the recent hot, dry summer has forced up wholesale Spanish power prices .
Spain's coal imports have languished in recent years and many analysts expect them to be compromised this year by the introduction of market regulations favouring domestically produced coal.
"Let's wait and see what happens next year. Spain's increase in coal imports is not enough to compensate for lack of demand across Europe," said a European trader who supplies Mediterranean utilities.
(sourced Reuters)
Sunday, October 16, 2011
Pvt power firms for level-playing field in coal allocation
Sun,October 16,2011
New Delhi:Private power companies in a letter to the Coal Ministry has asked for a level-playing field in allocation of the natural resource and printed out that imports is not the solution to country's fuel problem.
"Supply of low and varied quantities of indigenous coal may lead to serious functional ramifications for the power plants," Ashok Khurana, Director General, Association of Power Producers said in a letter to Coal Secretary Alok Perti.
"The boilers here can accept only a blend of not more than 15-20% of the imported with domestic coal," he said, adding that this technical constraint makes it difficult for the existing thermal plants to provide undertaking for accepting unspecified quantity of imported coal.
Khurana also said that coal is a scarce natural resource and it must be distributed on the basis of its efficient use and in a manner to maximise benefit to the end consumers of power.
Coal should be allocated, based on the merits of projects and not on the basis of ownership, he said.
The Fuel Supply Agreements (FSAs) are granted for a period of five years, whereas the commitment of supply of energy under the power purchase agreement is between 25-30 years...
....For a developer to meet it's obligations to the procurer, there cannot be any disconnect between PPA and FSA, he added.
The lenders would also be extremely reluctant to finance a project which has no sustained and assured supply of fuel, he said.
(sourced BS)
New Delhi:Private power companies in a letter to the Coal Ministry has asked for a level-playing field in allocation of the natural resource and printed out that imports is not the solution to country's fuel problem.
"Supply of low and varied quantities of indigenous coal may lead to serious functional ramifications for the power plants," Ashok Khurana, Director General, Association of Power Producers said in a letter to Coal Secretary Alok Perti.
"The boilers here can accept only a blend of not more than 15-20% of the imported with domestic coal," he said, adding that this technical constraint makes it difficult for the existing thermal plants to provide undertaking for accepting unspecified quantity of imported coal.
Khurana also said that coal is a scarce natural resource and it must be distributed on the basis of its efficient use and in a manner to maximise benefit to the end consumers of power.
Coal should be allocated, based on the merits of projects and not on the basis of ownership, he said.
The Fuel Supply Agreements (FSAs) are granted for a period of five years, whereas the commitment of supply of energy under the power purchase agreement is between 25-30 years...
....For a developer to meet it's obligations to the procurer, there cannot be any disconnect between PPA and FSA, he added.
The lenders would also be extremely reluctant to finance a project which has no sustained and assured supply of fuel, he said.
(sourced BS)
Saturday, October 15, 2011
Essar Energy revives power purchase pact with Gujarat utility
Sat, Oct15, 2011
London: Essar Energy has revived a 25-year contract to supply Gujarat with 800 MW of power that was terminated two months ago.
The long-term power purchase agreement with Gujarat State electricity utility, Gujarat Urja Vikas Nigam Ltd was terminated in August, just three months after it was signed.
GUVNL had failed to meet certain conditions of the agreement within the agreed timetable, London-listed Essar Energy said at the time, not specifying what they were. Now the contract was being revived after the conditions had been satisfied, it said.
Tariff
Essar Energy will supply GUVNL with power at a levelised tariff of Rs 2.80 per kWh net of transition costs, according to the same terms struck in May. The supplies will come from Salaya II, the 1,320 MW capacity power plant, run on imported coal, due to be commissioned in the first quarter of 2014.
The rate is below that agreed in a contract signed with the Bihar Electricity Board in August. Essar Energy will supply 300 MW of contracted capacity for 25 years from its Tori power station in Jharkand at a levelised tariff of Rs 3.28 per kWh, significantly higher than a previous contract with the same electricity board. The deal prompted hopes that the firm could achieve higher tariffs from deals in the future, according to analysts.
Essar Energy currently has 1,600 MW of capacity operational, and an additional 8,070 MW under construction, as it hopes to increase power generation's contribution to its overall revenues, currently dominated by its refinery business. Other projects under construction include Mahan 1 in Madhya Pradesh, with 1,200 MW capacity, Salaya I, and III in Gujarat, with 1,200 MW and 600 MW capacity respectively.
Keywords: Essar Energy, Gujarat Urja Vikas Nigam, power purchase agreement, coal imports
(sourced Business Line)
London: Essar Energy has revived a 25-year contract to supply Gujarat with 800 MW of power that was terminated two months ago.
The long-term power purchase agreement with Gujarat State electricity utility, Gujarat Urja Vikas Nigam Ltd was terminated in August, just three months after it was signed.
GUVNL had failed to meet certain conditions of the agreement within the agreed timetable, London-listed Essar Energy said at the time, not specifying what they were. Now the contract was being revived after the conditions had been satisfied, it said.
Tariff
Essar Energy will supply GUVNL with power at a levelised tariff of Rs 2.80 per kWh net of transition costs, according to the same terms struck in May. The supplies will come from Salaya II, the 1,320 MW capacity power plant, run on imported coal, due to be commissioned in the first quarter of 2014.
The rate is below that agreed in a contract signed with the Bihar Electricity Board in August. Essar Energy will supply 300 MW of contracted capacity for 25 years from its Tori power station in Jharkand at a levelised tariff of Rs 3.28 per kWh, significantly higher than a previous contract with the same electricity board. The deal prompted hopes that the firm could achieve higher tariffs from deals in the future, according to analysts.
Essar Energy currently has 1,600 MW of capacity operational, and an additional 8,070 MW under construction, as it hopes to increase power generation's contribution to its overall revenues, currently dominated by its refinery business. Other projects under construction include Mahan 1 in Madhya Pradesh, with 1,200 MW capacity, Salaya I, and III in Gujarat, with 1,200 MW and 600 MW capacity respectively.
Keywords: Essar Energy, Gujarat Urja Vikas Nigam, power purchase agreement, coal imports
(sourced Business Line)
Karnataka state will buy 1 million tonnes of imported coal
Sat,Oct15,2011
BANGALORE: Finally, the state has come up with a contingency plan to overcome hurdles in power generation due to coal shortage. It has placed orders to buy 1 million tonnes of imported coal from domestic sources to run its two major thermal power stations in north Karnataka.
"Though we cannot run our thermal plants purely on imported coal, we have decided to blend imported and domestic coal (20:80 ratio)," Karnataka Power Corporation (KPC) managing director Yogendra Tripathi said. Tripathi said the state government is buying imported coal from an Indian company ( Gupta Coal India Ltd) at Rs 5,700 per tonne, that's approximately Rs 570 crore for 1 million tonnes.Officials said use of imported coal will raise generation cost by more than Re 1 per unit.
Energy minister Shobha Karandlaje said the government is also looking at importing coal from Australia or Indonesia. "Our officials are trying to obtain a coal mining lease if it's available,'' she said in New Delhi on Wednesday.
(sourced TOI)
BANGALORE: Finally, the state has come up with a contingency plan to overcome hurdles in power generation due to coal shortage. It has placed orders to buy 1 million tonnes of imported coal from domestic sources to run its two major thermal power stations in north Karnataka.
"Though we cannot run our thermal plants purely on imported coal, we have decided to blend imported and domestic coal (20:80 ratio)," Karnataka Power Corporation (KPC) managing director Yogendra Tripathi said. Tripathi said the state government is buying imported coal from an Indian company ( Gupta Coal India Ltd) at Rs 5,700 per tonne, that's approximately Rs 570 crore for 1 million tonnes.Officials said use of imported coal will raise generation cost by more than Re 1 per unit.
Energy minister Shobha Karandlaje said the government is also looking at importing coal from Australia or Indonesia. "Our officials are trying to obtain a coal mining lease if it's available,'' she said in New Delhi on Wednesday.
(sourced TOI)
Monday, July 25, 2011
Polish coal exports down in H1
Monday, 25 Jul 2011
Polish coal exports fell sharply in the first half of this year, as the country's production continued to decline and domestic demand increased.
Poland's leading exporter Weglokoks exported 4.3 million tonne in the first half of this year, just half the level of its exports in the same period one year earlier. The decline represents a major U turn from the upward trend in Polish exports last year, with total exports rising by around 30% to 8.7 million tonne. The decline has affected all types of coal, but thermal coal exports were hit particularly hard.
The Polish firm said that Weglokoks shipped only 2 million tonne of thermal coal in January to June, a 54% decline year on year. Exports of coking coal declined less dramatically by 27% year on year to 389,000 tonne.
According to Weglokoks figures, in terms of transport, the decline in exports particularly affected seaborne deliveries but rail transport also fell. Seaborne deliveries dropped by 62% on the year to less than 1.2 million tonne. Rail shipments declined by 35% to 840,000tonne.
According to Polish economy ministry figures, the trader is declining shipments as it receives less coal from domestic producers. Polish coal production fell by 5% on year in January to April this year with the decline mainly affecting thermal coal.
(sourced ArgusMedia)
Polish coal exports fell sharply in the first half of this year, as the country's production continued to decline and domestic demand increased.
Poland's leading exporter Weglokoks exported 4.3 million tonne in the first half of this year, just half the level of its exports in the same period one year earlier. The decline represents a major U turn from the upward trend in Polish exports last year, with total exports rising by around 30% to 8.7 million tonne. The decline has affected all types of coal, but thermal coal exports were hit particularly hard.
The Polish firm said that Weglokoks shipped only 2 million tonne of thermal coal in January to June, a 54% decline year on year. Exports of coking coal declined less dramatically by 27% year on year to 389,000 tonne.
According to Weglokoks figures, in terms of transport, the decline in exports particularly affected seaborne deliveries but rail transport also fell. Seaborne deliveries dropped by 62% on the year to less than 1.2 million tonne. Rail shipments declined by 35% to 840,000tonne.
According to Polish economy ministry figures, the trader is declining shipments as it receives less coal from domestic producers. Polish coal production fell by 5% on year in January to April this year with the decline mainly affecting thermal coal.
(sourced ArgusMedia)
Tuesday, February 1, 2011
Indian coking coal imports increase in 2010, 33% YoY JUMP
Tuesday, Feb 01, 2011
India imported 36.1 million tonnes of coking coal in 2010, a 33% year-on-year jump, according to The Salva Report.
Australia was by far the biggest supplier of coking coal to the Asian nation, contributing 84% with US imports accounting for 5%, New Zealand 3% and South Africa 2.3%, Salva Reports.
Indian thermal coal imports for Nov dropped to 5.3 million tonnes, from the record 6.4 million tonnes imported in October, according to Salva which said the fall could be attributed to increased domestic production throughout October and the rising cost of imported thermal coal.
India imported 36.1 million tonnes of coking coal in 2010, a 33% year-on-year jump, according to The Salva Report.
Australia was by far the biggest supplier of coking coal to the Asian nation, contributing 84% with US imports accounting for 5%, New Zealand 3% and South Africa 2.3%, Salva Reports.
Indian thermal coal imports for Nov dropped to 5.3 million tonnes, from the record 6.4 million tonnes imported in October, according to Salva which said the fall could be attributed to increased domestic production throughout October and the rising cost of imported thermal coal.
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