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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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Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...
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- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Planning Commission, India
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- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
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- Goldman Sachs - Singapore
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- Heidelberg Cement - Germany
- The Treasury - Australian Government
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- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
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- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
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- Indonesian Coal Mining Association
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- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
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- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
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