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Monday, 29 October 12
US COAL EXPORTS ARE EXPECTED TO REACH 125 MILLION TONS THIS YEAR - EIA
COALspot.com - US coal exports are expected to reach 125 million tons this year, surpassing the old record of about 113 million tons set in 1981, said the report from the US Energy Information Administration (EIA). However, EIA expects that coal exports will decline in 2013 but remain above 100 MMst for the third straight year.
Falling international coal prices and slower economic growth, particularly in China, are primary reasons for the expected decline in coal exports. US. exports could be higher if there are significant supply disruptions from any of the major coal-exporting countries.
Exports for the first half of 2012 reached almost 67 million tons, surpassing most annual export volumes dating back to 1949. The United States exported 11.6 MMst of coal in July, the fifth consecutive month with exports exceeding 11 MMst, the EIA noted.
According to EIA, delivered coal prices to the electric power industry increased steadily over the 10-year period ending in 2011, when the delivered coal price averaged $2.40 per MMBtu (a 6-percent increase from 2010),according to EIA. However, EIA expects the decline in demand for coal, combined with large coal inventories, will begin to put downward pressure on coal prices and contribute to the shut-in of higher-cost production.
EIA also forecasts that the delivered coal price will average $2.40 per MMBtu in 2012 and $2.42 per MMBtu in 2013.
In the meantime, EIA forecasts that coal production will decline by 6 percent in 2012 as domestic consumption falls. EIA expects that production will total 1,027 million short tons (MMst) in 2012, 68 MMst below the 2011 total.
EIA expects production to fall by 1 percent (12 MMst) in 2013 as inventory draws and lower exports offset an increase in domestic consumption in the forecast. Electric power sector stocks, which ended 2011 at 175 MMst, are forecast to total 187 MMst at the end of the 2012. Inventories are expected to decline slightly in 2013, but they will remain at elevated levels, the EIA noted.
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Wednesday, 03 October 12
BARCLAYS'S PRICE FORECAST FOR NEWCASTLE COAL HAS BEEN WRITTEN DOWN
“ The main story in the global coal markets has been the growth in supply, with all of the major exporters adding volumes into a market which ...
Sunday, 30 September 12
SUB-BIT INDONESIA COAL SWAPS: MIXED TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 0.73 percent w-o-w but gained 0.41 percent d-o-d on Friday, 28 Se ...
Sunday, 30 September 12
INDONESIA HAS NO PLAN TO CAP COAL PRODUCTION
COALspot.com - “The current low coal prices were mainly due to a global oversupply condition, spurred by numerous mining exploitations in the ...
Sunday, 30 September 12
FREIGHT MARKET UNDER PRESSURE; OVERALL SENTIMENTS ARE STILL BEARISH
COALspot.com - The freight market seemed to have lost steam and all indices were down except for cape index.
The BDI was slightly down by 6 point ...
Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
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- Metalloyd Limited - United Kingdom
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- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
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- Independent Power Producers Association of India
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- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
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- Bulk Trading Sa - Switzerland
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- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
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- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
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- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
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- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
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- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
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- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
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- SMC Global Power, Philippines
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- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Therma Luzon, Inc, Philippines
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