We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 18 October 13
WOOD MACKENZIE FORECASTS CHINA WILL OUTWEIGH THE REST OF THE WORLD FOR BASE METALS DEMAND BY 2017
 China set to account for 52% of 117mt base metals market by 2017
China is on track to exceed rest of the World demand by 2017, becoming the single largest consumer of base metals. According to Wood Mackenzie’s latest base metals demand forecasts, China will account for 52% of base metals demand by 2017, compared with 46% of the 96 million tonnes (Mt) global base metals market in 2013. While China’s lower GDP targets are reflected in lower demand growth for base metals on a percentage basis over the next five years versus the last half decade, the research firm says that China will maintain its dominance and the outlook for Chinese base metals demand is slower not lower.
Helen Matthews, Head of Base Metals Markets research for Wood Mackenzie says; “Our forecasts for the next five years show that across all of the base metals – aluminium, copper, lead, nickel and zinc – growth in demand will come predominately from China. Demand growth has slowed from the double digits we saw from 2008 to 2013 to single digits - ranging from five to eight percent – however, it’s important to note that in absolute tonnage terms we still see significant numbers.”
Wood Mackenzie says that the global base metals market is set to grow from 96Mt in 2013 to 122 Mt in 2018, with a huge shift set to occur in 2017; “Today, the Rest of the World, excluding China, accounts for 54% of the global base metals market however, as we’re seeing with many other commodities, China’s rampant appetite will overtake the rest of the World, growing to 52% of demand in a 117Mt market.”
Wood Mackenzie’s economic analysis points to the drivers behind this growth as Jonathan Butcher, Senior Economist for Wood Mackenzie explains; “While there are a number of factors behind growth in demand for each base metal, a key theme for China is continued urbanisation and rising domestic wealth. Wood Mackenzie’s proprietary China Activity Index tracks a number of factors, and gives us confidence that economic growth will remain strong in the short term. Looking out to 2030, we see a bright future for Chinese commodity demand. Urbanisation rates will reach 70%, compared to just under half of the population in 2013. This will have a widespread impact on the economy over the next 20 years, with electricity consumption per capita forecast to reach the same level as Korea today.”
Matthews adds; “Our analysis shows that the outlook for key demand drivers is positive, with a firm emphasis on Asia.”
Editor’s notes:
Wood Mackenzie is the most comprehensive source of knowledge about the world’s energy and metals industries. We analyse and advise on every stage along the value chain - from discovery to delivery, and beyond - to provide clients with the commercial insight that makes them stronger. For more information visit: www.woodmac.com
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 15 October 13
NEWCASTLE PORT SHIPPED 6.50% MORE COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 6.50 per cent week on week to 3.19 million mt for ...
Monday, 14 October 13
MEMR OF INDONESIA SETS THE COAL'S SPOT PRICE AT US$ 76.61 FOR OCT'13 DELIVERY
COALspot. com - The Indonesian government has revised down government declared coal bench mark price by US$ 0.28/ MT to US$ 76.61 for October 2013 d ...
Monday, 14 October 13
CARBON POLICIES UNLIKELY TO PREVENT A COAL-FUELLED WORLD - WOOD MACKENZIE
China will propel coal growth but US, Europe and Asia will sustain global demand.
At the World Energy Congress (WEC) today Wood Mackenzie's Pres ...
Sunday, 13 October 13
Q4'13 DELIVERY SUB-BIT INDO COAL SWAP FALLS SEVEN STRAIGHT WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 1.72 percept month on month on Friday 11 October 201 ...
Sunday, 13 October 13
API 8 CFR SOUTH CHINA COAL - AVERAGE Q4 2013 DELIVERY FELL 0.30 PERCEPT ON WEEK
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.30 percept week on week on Friday 11 October 2013. The CFR South ...
|
|
|
Showing 4066 to 4070 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
|
| |
| |
|
