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Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline.
Total production is down 9.9 million short tons (MMst) from the previous quarter and 22.7 MMst from the same period in 2012. The largest year-over-year decline was in the Western region, where production fell by 17.3 MMst (12 percent). Smaller declines were experienced in the Interior (2 percent) and Appalachian (6 percent) producing regions, EIA said in its latest report released on 9th April 2013.
U.S. Coal Consumption.
EIA projects total coal consumption will increase from 889 MMst in 2012 to 948 MMst in 2013 and 957 MMst in 2014. EIA expects consumption in the electric power sector to increase over the forecast period as a result of higher electricity demand and higher natural gas prices.
U.S. Coal Supply
According to EIA, US coal production is expected to increase by 0.5 percent in 2013 as primary and secondary inventory draws, combined with an increase in coal imports, meet most of the growth in consumption. Coal production is forecast to grow by 2.0 percent in 2014.
Coal exports totaled 126 MMst in 2012, surpassing the previous peak of 113 MMst exported in 1981. EIA expects the United States will export 107 MMst in 2013 and 109 MMst in 2014. Continuing economic weakness in Europe (the largest regional importer of U.S. coal), falling international coal prices, and increasing production in other coal-exporting countries are the primary reasons for the expected decline in U.S. coal exports.
U.S. Coal Prices
Delivered coal prices to the electric power industry increased steadily over an 11-year period through 2011, when the delivered coal price averaged $2.39 per MMBtu (a 5-percent increase from 2010).
The delivered coal price averaged $2.40 per MMBtu in 2012, and EIA forecasts average delivered coal prices of $2.41 per MMBtu in 2013 and $2.45 per MMBtu in 2014.
Source: EIA
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Friday, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...
Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended 0700 hours 29 April 2013, Newca ...
Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...
Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...
Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment gai ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
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