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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, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...
Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...
Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...
Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year.
Speaking on t ...
Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended 0700 hours 15 April 2013, Newca ...
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- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Planning Commission, India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
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