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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
 RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Tuesday, 28 April 15
Q2' 15 FOB RICHARDS BAY COAL SWAP CLOSED 4.18% HIGHER FROM MONTH AGO
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 increased month over month and slightly week over week.
The Q2 swap ha ...
Monday, 27 April 15
U.S. COAL PRODUCTION FELL BELOW ONE BILLION SHORT TONS IN 2013 - EIA
COALspot.com: For the first time in two decades, U.S. coal production fell below one billion short tons to 984.8 million short tons in 2013 from 1, ...
Monday, 27 April 15
Q3' 2015 FOB NEWCASTLE COAL SWAP CLOSED 3.69% LOWER THAN Q2' 2015 PRICE OF $46.36
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery gained US$ 0.19 per MT (0.41%) month over month and US$ 0.78 week on week. ...
Monday, 27 April 15
CFR SOUTH CHINA COAL SWAP SLOWLY IMPROVED THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 0.74 (-1.41%) per MT month over month and increased US$ 0.43 ...
Sunday, 26 April 15
DRY BULK MARKET KEPT IMPROVING THIS WEEK; CAPES AND PANAMAXES SHOW A SLIGHT PICKUP IN RATES
COALspot.com: The freight market was stable this week as BDI closed at 600 points after improving 0.50 percent week over week.
The cape ...
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- Bhoruka Overseas - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- IEA Clean Coal Centre - UK
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- San Jose City I Power Corp, Philippines
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- Dalmia Cement Bharat India
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- Indian Oil Corporation Limited
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- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
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- London Commodity Brokers - England
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- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
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- Standard Chartered Bank - UAE
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- Independent Power Producers Association of India
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- Orica Australia Pty. Ltd.
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- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
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- Anglo American - United Kingdom
- Ministry of Transport, Egypt
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- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
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- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
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- Eastern Coal Council - USA
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
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- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
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- Sical Logistics Limited - India
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- PowerSource Philippines DevCo
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- The University of Queensland
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- Banpu Public Company Limited - Thailand
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- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
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- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
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- Tamil Nadu electricity Board
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- Tata Chemicals Ltd - India
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- Global Coal Blending Company Limited - Australia
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- Wilmar Investment Holdings
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- Karaikal Port Pvt Ltd - India
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- MS Steel International - UAE
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