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Thursday, 23 May 13
COLOMBIA SHIPPED 11.74 MILLION TONS OF THERMAL COAL IN Q1
 COALspot.om - Colombia produced about 18,388,972.94 mt of coal for the first quarter of 2013.
Q1' 2013 coal production was around 21.42 percent lower compared to the same the period in 2012 and 14.22 percent lesser than 4th Quarter of 2012. Colombia produced 23,403,912.21 mt of coal during 1st quarter of 2012 and 21.439 million MT in 4th quarter 2012.
The data that COALspot.com has obtained from National Mining Agency of Colombia shows that, the Colombian coal ( thermal, metallurgical, coke and semi coking) exports have reached 12,464,476 tons in first three months during this year.
Colombia shipped 6.533 million tons of thermal coal in January 2013. February thermal coal exports slumped by 49.80 percent compared to January 2013 exports. Colombia shipped only 3.2798 million tons of thermal coal in February. In the meantime, the March thermal coal shipments from Colombia sink further by 41.00 percent month on month. Colombia shipped only 1.935 million tons of coal in March which was almost 71.54 percent lesser than January 2013 exports.
Approximately 90 percent of coal produced in Colombia is intend for exports market.
The average selling price of Thermal coal in January 2013 was around US$ 92.70 per mt FOB vessel, and in the meantime the March average price was US$ 86.10 dropped 7.11 percent. March 2013 average selling price was slightly higher (0.84 percent) than February 2013 selling price of US$ 85.38 per mt.
Colombian metallurgical coal’s average selling prices also faced a down trend in March 2013. The average selling price of Metallurgical Coal in March was around US$ 128.91 per mt which is 20.83 percent lesser than the average selling price of Metallurgical coal in January 2013 or 1.35 percent lesser than February price.
However, prices for coke and semi coking coal of Colombia has moved positive in March 2013 compared to Thermal coal and Metallurgical coal. Coke and semi coking coal’s average selling price in March was US$ 253.63 per MT which is 0.73 per cent higher than January 2013 price or 1.18 percent higher than February 2013 price.
Due to lower cape size freight Colombian coal is now moving to Asian countries such as South Korea, China and India.
About Colombian coal ( Source: US Energy Information Administration)
According to the Latin American Energy Organization, Colombia had 5,643 million short tons (MMst) of recoverable (mostly bituminous) coal reserves in 2010, the largest in South America. These deposits are concentrated in the Guajira peninsula bordering the Caribbean and in the Andean foothills. The majority of Colombia's coal production and export infrastructure is located on the Caribbean coast. Colombia's coal is relatively clean-burning, with a sulfur content of less than 1 percent. The country exports most of its production – in 2009 it was the fourth-largest coal exporter in the world after Australia, Indonesia, and Russia.
Production
Colombia produced 82 million short tons (MMst) of coal in 2010, while only consuming 5.6 MMst. According to the Ministry of Mines, the country’s coal production rose to 94.6 MMst in 2011. Colombian coal production is exclusively carried out by private companies and has doubled since 2000. The country’s 2010 production set a record for national production, and the government aspires to double it by 2019.
The largest coal producer in Colombia is the Carbones del Cerrejon consortium, composed of Anglo-American, BHP Billiton, and Xstrata. The consortium operates the Cerrejon Zona Norte (CZN) project, the largest coal mine in Latin America and the largest open-pit coal mine in the world. CZN is an integrated system of mine, railroad, and a Caribbean coast export terminal, and accounted for 38 percent of Colombia’s production in 2011, or about 31 MMst.
US-based Drummond Company operates the second-largest coal mining operation in Colombia, La Loma, which is also an integrated mine-railway-port project, producing about 27 MMst in 2011, or 33 percent. In June 2011, Drummond entered into an 80-20 percent partnership with Japan’s Itochu Corp., known as Drummond International, which now owns and operates its Colombia interests. Itochu’s initial investment of $1.5 billion will enable expansion of the project with the construction of a new export facility and the increase of export capacity to 40-45 MMst per year. The partnership is aiming to increase coal exports to Japan and other Asian countries.
Exports
Colombia exported 76.4 MMst in 2010, mainly to Europe, other South American countries, and the United States. Coal exports are an important part of the Colombian economy. Coal is the country’s second-largest export after oil and represented 15 percent of export earnings in 2010. The United States and Colombia have a major trading relationship in this sector and in 2010 Colombian coal represented 75 percent of U.S. coal imports, or 14.6 MMst. In 2011, the United States imported 9.5 MMst, or 73 percent, as U.S. coal imports declined.
Colombia recently began exporting sizable quantities of coal to Asian markets, especially China. According to Global Trade Information Services, Asia’s share of Colombian coal exports grew from less than one percent in 2009 to 12.7 percent in 2010. A combination of higher prices in Asia, lower freight costs, and falling exports to the United States spurred this expansion into Asian markets. In May 2012, talks were held in Beijing between the presidents of China and Colombia regarding China’s interest in investing in Colombia’s coal sector and the construction of a railroad to the Pacific coast to facilitate exports to Asia. Both the expansion of the Panama Canal (currently slated for completion by 2015) and Chinese-backed transportation infrastructure projects could generate greater exports of Colombian coal to Asia in the future.
*The coal export information within this article is provided by COALspot.com on an "as is" and "as available” basis. All details about, given in good faith and has been collected from various press reports, Related departments, organization and individuals considered reliable but without guarantee. While every care has been taken to ensure the accuracy of information furnished in this article. COALspot.com shall be obliged if errors / omissions are brought to its notice for carrying out corrections in this article.* Figures are subject to verification (cs)
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Thursday, 28 February 13
SHIP OWNERS EXPECTED TO FACE A CHALLENGING YEAR, DESPITE THE FALL OF NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Tonnage oversupply and a lagging growth in world trade demand are expected to keep shipping in the "red", despite a series of measures ado ...
Thursday, 28 February 13
PANAMAX : MARKET HAS SEEN A GOOD UPTURN OVER THE LAST WEEK - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The ...
Wednesday, 27 February 13
NEWCASTLE PORT IN AUSTRALIA SHIPPED 0.358 MILLION MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,178,869 MT of thermal and coking coal for week ended 0700 hours 25 February 2013, Newc ...
Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT
NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a ...
Tuesday, 26 February 13
10TH CLEAN COAL FORUM WILL BE HELD ON JUNE 2013
CDMC Events will be presenting the 10th Clean Coal Forum 2013 on June 13 - 14, 2013 in Beijing,China.
It will make you understand regulatory asp ...
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- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Planning Commission, India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Marubeni Corporation - India
- SMC Global Power, Philippines
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