Analyst says rising domestic production will cut China’s need for thermal coal imports in 2019

first_imgAnalyst says rising domestic production will cut China’s need for thermal coal imports in 2019 FacebookTwitterLinkedInEmailPrint分享South China Morning Post:China’s thermal coal imports will decline by between 10 million and 12 million tonnes in 2019, a leading industry analyst said on Tuesday, largely because of rising domestic output in the world’s top producer and consumer.The country’s coal output will increase from the second quarter of 2019, reducing its reliance on overseas supplies, Rodrigo Echeverri, head of hard commodities at trader Noble Group, told an industry conference in Shanghai.China is set to produce an additional 100 million tonnes of coal this year, Wang Hongqiao, vice-president of China National Coal Association, said earlier at the same event. “Coal demand for power generation in China will increase but the growth rate of general coal consumption will slow down,” Wang said, leading to a glut of the fuel and “severely disrupting” the market.China produced 4 billion tonnes of coal in 2018, according to the National Bureau of Statistics. It also added 194 million tonnes in mine capacity that year, despite promising to cut excess capacity for the sector.Echeverri said he expected a drop in thermal coal imports this year of 11 per cent from 2018 volumes to 19 million tonnes, with the reduction hitting top supplier Australia the hardest.That comes after traders have already cut back on purchases of both thermal and metallurgical coal from Australia due to lengthy quality checks on supplies from there that have lasted as long as two months at some ports.More: China’s thermal coal imports ‘will fall 10-12 million tonnes in 2019’last_img read more

COVID-19: TNI ready for worst-case scenario, prepares security contingency plan

first_imgHe further said that the outbreak was not only a health issue as it was also related to other aspects, such as social, political and economic, of peoples’ lives.Read also: Uneasy calm descends on empty Jakarta as capital makes it through first day of social restrictionsThe TNI has also proposed a budget to support its contingency plans through the Defense Ministry that was presented during a meeting with House of Representatives Commission I, which oversees defense affairs, Sisriadi told The Jakarta Post on Wednesday.He did not elaborate further on the budget, but said the TNI would have enough funding to face the potential security turmoil for five months if the budget proposal was approved, including collaborating with the National Police in security, public order and law enforcement operations. “The TNI is organized as a ‘war organization that can function well [during] peacetime and emergencies’ […], so it is understandable that the military leaders on all levels will always respond to the latest situations and prepare to face the worst situation,” he said.Sisriadi explained that the force would also prepare medical assistance to mitigate the outbreak, including preparing 109 of its health facilities to be used as referral hospitals in the regions and dispatching its medical and paramedical units in the field.“New cases are still emerging in some areas and there are still no signs that we are reaching the peak of the outbreak,” he said.The Executive Office of the President has also braced itself for potential social and security conflicts caused by the increase in unemployment, with the National Police’s Security Intelligence Agency (Baintelkam) confirming the risk of riots and crimes in a time of crisis.The government has estimated that up to 3.78 million Indonesians will fall into poverty and 5.2 million will lose their jobs during the coronavirus pandemic.Topics : The Indonesian Military (TNI) is prepared for any potential social unrest stemming from the economic impact of the COVID-19 pandemic that has forced businesses to shut their operations and put millions out of work.TNI spokesman Maj. Gen. Sisriadi said the military was preparing a security contingency plan to face the worst-case scenario.“We’ve prepared troops to face the impact of social unrest that could lead to violence. So that we can minimize any security problems,” he said in an online discussion held by Jakarta Defense Studies on Tuesday as reported by kompas.com.last_img read more

INDOT announces Jennings/Decatur County drainage work for 2018

first_imgSardinia, In. — The Indiana Department of Transportation has announced plans to build two small structures on State Roads 3 & 7 in Decatur and Jennings Counties. North Vernon-based Dave O’Mara Contracting is scheduled to begin the $2,634,279 project in April of 2018. Some incidental work could begin in January.State Road 3 in Decatur County will be closed for 60-days at Turnover Creek while crews remove the existing drainage structure and replace it with a 76-foot-long bridge. The worksite is located about 11 miles north of State Road 7.  A nearby culvert on State Road 3 will also be replaced.Five other small structures will be replaced under this contract.  Each will require a closure of up to 20 days.  Those culvert locations are:S.R. 3 at Wyaloosing Creek in Decatur County, 16.1 miles north of S.R. 7, north of WestportS.R. 3 at Poplar Root Creek in Decatur County, 8.6 miles north of S.R. 7, between CR 1300S and CR 1400SS.R. 3 over an unnamed creek tributary in Jennings County, 1.9 miles north of S.R. 7, just north of North VernonS.R. 7 over a tributary to Six Mile Creek in Jennings County, 0.3 miles north of the S.R. 3 junction at North VernonS.R. 3 over an unnamed tributary in Jennings County , 2.6 miles south of the S.R. 7 junction at Vernonlast_img read more