Vinacomin’s Coal Ambitions Unlikely To Be Fuelled by Indian Demand — Panjiva


Vinacomin’s Coal Ambitions Unlikely To Be Fuelled by Indian Demand

Energy - Coal 43 Energy - Conventional 272 India 283 Vietnam 155

Vietnam’s state coal producer, Vinacomin, plans to expand coal output by 9% in 2018 and 44% annually to 2020 to support export sales. With China sporadically applying coal import limits the most likely targets for growth including India, Japan and South Korea. The opportunity in India is optically significant with $18 billion of imports in the 12 months to June 30, up 45% on a year earlier. However the market is dominated by imports of sub-bituminous coal (89% of the total in the past 12 months) and major producers in Australia (40%) and Indonesia (25%) whereas Vietnam has provided minor...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.