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Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
 With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Ettore DiCasimirro, president of Skytop Coal Inc., New Boston, said recently that with the rapid industrialization of China, the world's largest producer of coal, the Chinese are not only keeping their domestic product but also importing it from the United States.
Much of that coal is coming from Pennsylvania's Anthracite Region.
China has stricter regulations concerning coal than the U.S., and the U.S. government would like to shut down some of the coal breakers here due to the pollution associated with burning coal, DiCasimirro said.
"It (coal) is something this country seems that they don't want," he said. "This country (U.S.) has over 50 percent of its electricity coming from coal."
Dicasimirro said that as China's economy continues to grow, its number of coal furnaces increases monthly. Since the U.S. and Pennsylvania are large producers of anthracite coal, the Chinese are buying it.
Duane C. Feagley, executive director of the Pennsylvania Anthracite Council, said there are two popular sizes of coal - rice and nut coal - which remain in the domestic market. Sizes smaller than that are being shipped overseas.
"We have significant reserves and high-quality reserves here (in the U.S)," Feagley said.
Anthracite coal is desired because it has the highest carbon count, the fewest impurities and the highest calorific content of any type of coal, allowing it to burn hotter and longer.
Since there are many companies that now strictly only do business with China and overseas, even in Schuylkill County, according to DiCasimirro, the business practice is taking a large amount of coal off the local market and stockpiles are down.
"There are stories going around that people are waiting a couple weeks to get a load of coal out of some of the breakers," he said.
DEP spokesman Kevin Sunday also said DEP is aware it's been difficult for the secondary buyers like home-heating suppliers but orders for coal are still being filled.
"The shortage is mostly because of the increase in demand for anthracite in the industrial world, like steel production, carbon source uses and water filtration," DEP northeast region spokeswoman Colleen Connolly said.
Dicasimirro said that although many coal companies are exporting, some, including his company, are making an effort to take care of local customers first.
"If it wasn't for the local business that we had years ago, we wouldn't be here today," he said. "I'd like to take care of the people that took care of us over the years first."
Feagley said that while there is a coal shortage in Pennsylvania and exports are up, there are other factors influencing the demand for coal.
"We are mining more coal and pulling more people than we have in the past 25 years," he said. "Anthracite coal production for the first six months of 2011 was up 25 percent."
According to Feagley, the Pennsylvania coal mining industry normally produces about 1.5 million to 1.7 million tons of coal annually, and this year, they industry expects to produce about 2 million tons.
As far as exports, while in the past about 150,000 tons were sent overseas, in recent years, there has been as much as 400,000 tons produced for foreign buyers in a year.
One of the other major factors contributing to the increased demand is the loss of production from many of the anthracite deep mines.
Feagley said that in the last five years, about five to six deep mines have gone out of business, which is a loss of about 3 million tons of coal.
Other factors, according to Feagley, include: the increased rainfall in 2011, state and regulatory practices slowing things down, the increased cost for heating oil increases demand for coal, and there were some coal dealers who waited until there was a demand to try to get the coal instead of buying it from June through August, adding to the shortage
Although the demand has increased, he added that the price for coal has not increased significantly and is roughly $170 to $190 a ton, costing about $600 to $800 to heat a home during the winter.
"There's a lot of little things that happened that have contributed to this over the last year," Feagley said. "I've been in contact with the producers and they're telling me they're taking steps to make sure there's adequate production for the winter."
Feagley said that Pennsylvania's coal mining companies are working diligently, and over the next several months, the shortage will start to be worked out.
"Our industry is doing everything we can," Feagley said. "Supplies are starting to return to normal levels."
Source: Republican Herald (by Thomas Leskin )
About Thomas Leskin
Thomas Leskin is a staff writer at The Republican-Herald in Pottsville, Pa. A 2010 graduate of Penn State University with a B.A. in print journalism, before working at his current position, he worked as an intern at China Daily in Beijing, China, and then The News-Item, a sister newspaper to The Republican-Herald.
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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...
Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...
Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for the Panamax which was down by 11.91 pc ...
Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...
Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy
Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...
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- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- The University of Queensland
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Planning Commission, India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
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