Credit at a Glance - Asia Corporates - May 2019 - Fitch Research

Credit at a Glance - Asia Corporates - May 2019

Credit at a Glance - Asia Corporates - May 2019 - Fitch Research
Credit at a Glance - Asia Corporates - May 2019
Published May 07, 2019
6 pages (3781 words) — Published May 07, 2019
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Brief Excerpt:

...Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by government, putting pressure on seaborne coal prices and adding order uncertainties for exporters. Inventories at the six main power producing groups edged up to 16.0 million tonnes in late March, 13% higher than the average for 2018 of 14.1 million tonnes (see Chart of the Month below). Miners from Australia and Indonesia are the most exposed, but the credit impact is muted thanks to sufficient rating headroom ¡ as we have already incorporated a downward pricing trend in our rating assumptions....

  
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MLA:
Fitch Research. "Credit at a Glance - Asia Corporates - May 2019" May 07, 2019. Alacra Store. May 15, 2025. <http://www.alacrastore.com/fitch-credit-research/Credit-at-a-Glance-Asia-Corporates-May-2019-951549_report_frame>
  
APA:
Fitch Research. (). Credit at a Glance - Asia Corporates - May 2019 May 07, 2019. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/fitch-credit-research/Credit-at-a-Glance-Asia-Corporates-May-2019-951549_report_frame>
  
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