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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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- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Parliament of New Zealand
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
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