COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Wednesday, 09 October 13
PANAMAX: FIRM ; FIXING ACTIVITY INCREASED IN BOTH BASINS - INTERMODAL
This was another week of gains for the Dry Bulk market, albeit very modest ones compared to the previous ones. Charterers and owners struggled for t ...


Tuesday, 08 October 13
CHINA: INTENSE COMPETITION AMONG DOMESTIC COAL MINERS AS 2013 IMPORT DEMAND REMAINS STRONG - WOOD MACKENZIE
Prices will not fall under RMB500/t or risk supply availability to the coastal market Despite China's lower economic growth, Wood Mackenzie says ...


Monday, 07 October 13
RICHARD BAY COAL TERMINAL SHIPPED 49.94 MMT OF COAL YTD
COALspot.com - Richards Bay Coal Terminal (RBCT), the world's single largest coal terminal has shipped 49,946,509 mt of coals YTD, according to por ...


Monday, 07 October 13
SOUTH AFRICA'S RBCT SHIPPED 7.94% MORE COAL IN SEPT' 13
COALspot.com - Richards Bay Coal Terminal (RBCT), the single largest coal export terminal in South Africa as well as in the world has shipped 7.94 p ...


Monday, 07 October 13
SGX - CFR SOUTH CHINA COAL SWAPS END ALMOST FLAT
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap. API 8 CFR South China Coal s ...


   814 815 816 817 818   
Showing 4076 to 4080 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • The Treasury - Australian Government
  • LBH Netherlands Bv - Netherlands
  • Karaikal Port Pvt Ltd - India
  • CIMB Investment Bank - Malaysia
  • IEA Clean Coal Centre - UK
  • Mitra SK Pvt Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sakthi Sugars Limited - India
  • Thriveni
  • Total Coal South Africa
  • Moodys - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ACC Limited - India
  • bp singapore
  • Australian Commodity Traders Exchange
  • Coal Orbis AG
  • Russian Coal LLC
  • Cigading International Bulk Terminal - Indonesia
  • Malco - India
  • Platts
  • Simpson Spence & Young - Indonesia
  • WorleyParsons
  • Thiess Contractors Indonesia
  • Britmindo - Indonesia
  • IBC Asia (S) Pte Ltd
  • Vale Mozambique
  • Chettinad Cement Corporation Ltd - India
  • New Zealand Coal & Carbon
  • Bayan Resources Tbk. - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Mercuria Energy - Indonesia
  • Coal India Limited
  • GVK Power & Infra Limited - India
  • PTC India Limited - India
  • Star Paper Mills Limited - India
  • GB Group - China
  • Glencore India Pvt. Ltd
  • Sarangani Energy Corporation, Philippines
  • Pinang Coal Indonesia
  • Noble Europe Ltd - UK
  • Jatenergy - Australia
  • Petron Corporation, Philippines
  • Maersk Broker
  • Tanito Harum - Indonesia
  • Shenhua Group - China
  • Ambuja Cements Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Ernst & Young Pvt. Ltd.
  • GAC Shipping (India) Pvt Ltd
  • European Bulk Services B.V. - Netherlands
  • Vizag Seaport Private Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Indonesian Coal Mining Association
  • Heidelberg Cement - Germany
  • London Commodity Brokers - England
  • Credit Suisse - India
  • Energy Development Corp, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Maybank - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Kideco Jaya Agung - Indonesia
  • Rudhra Energy - India
  • International Coal Ventures Pvt Ltd - India
  • Petrosea - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Ince & co LLP
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ind-Barath Power Infra Limited - India
  • Maheswari Brothers Coal Limited - India
  • SMG Consultants - Indonesia
  • Freeport Indonesia
  • Mechel - Russia
  • Latin American Coal - Colombia
  • Central Electricity Authority - India
  • Leighton Contractors Pty Ltd - Australia
  • KPMG - USA
  • Timah Investasi Mineral - Indoneisa
  • Global Coal Blending Company Limited - Australia
  • Port Waratah Coal Services - Australia
  • Thermax Limited - India
  • PetroVietnam
  • Orica Mining Services - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Jindal Steel & Power Ltd - India
  • Bhushan Steel Limited - India
  • Thailand Anthracite
  • Mjunction Services Limited - India
  • Wood Mackenzie - Singapore
  • Mitsubishi Corporation
  • Shree Cement - India
  • Commonwealth Bank - Australia
  • Carbofer General Trading SA - India
  • Dalmia Cement Bharat India
  • Edison Trading Spa - Italy
  • The University of Queensland
  • CoalTek, United States
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Samsung - South Korea
  • Tamil Nadu electricity Board
  • NALCO India
  • Bulk Trading Sa - Switzerland
  • Neyveli Lignite Corporation Ltd, - India
  • Sucofindo - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Barclays Capital - USA
  • Lanco Infratech Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Indorama - Singapore
  • PowerSource Philippines DevCo
  • Thomson Reuters GRC
  • Wilmar Investment Holdings
  • Lafarge - France
  • Toyota Tsusho Corporation, Japan
  • Altura Mining Limited, Indonesia
  • UOB Asia (HK) Ltd
  • Africa Commodities Group - South Africa
  • Uttam Galva Steels Limited - India
  • Geoservices-GeoAssay Lab
  • Thai Mozambique Logistica
  • Price Waterhouse Coopers - Russia
  • IOL Indonesia
  • Directorate Of Revenue Intelligence - India
  • Electricity Authority, New Zealand
  • Indian School of Mines
  • Inspectorate - India
  • Kapuas Tunggal Persada - Indonesia
  • TRAFIGURA, South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Indian Energy Exchange, India
  • Japan Coal Energy Center
  • Grasim Industreis Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • NTPC Limited - India
  • Bukit Baiduri Energy - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Savvy Resources Ltd - HongKong
  • Adaro Indonesia
  • Therma Luzon, Inc, Philippines
  • SN Aboitiz Power Inc, Philippines
  • ETA - Dubai
  • Coalindo Energy - Indonesia
  • Eastern Energy - Thailand
  • Marubeni Corporation - India
  • Indogreen Group - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Tata Chemicals Ltd - India
  • Medco Energi Mining Internasional
  • Reliance Power - India
  • Power Finance Corporation Ltd., India
  • Directorate General of MIneral and Coal - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Cardiff University - UK
  • Jorong Barutama Greston.PT - Indonesia
  • CNBM International Corporation - China
  • Maharashtra Electricity Regulatory Commission - India
  • Ceylon Electricity Board - Sri Lanka
  • Cebu Energy, Philippines
  • Cement Manufacturers Association - India
  • EIA - United States
  • PetroVietnam Power Coal Import and Supply Company
  • Indo Tambangraya Megah - Indonesia
  • Maruti Cements - India
  • GMR Energy Limited - India
  • TGV SRAAC LIMITED, India
  • ING Bank NV - Singapore
  • Cargill India Pvt Ltd
  • Siam City Cement - Thailand
  • SASOL - South Africa
  • Kartika Selabumi Mining - Indonesia
  • Parliament of New Zealand
  • Coeclerici Indonesia
  • Arutmin Indonesia
  • U S Energy Resources
  • BNP Paribas - Singapore
  • Manunggal Multi Energi - Indonesia
  • Riau Bara Harum - Indonesia
  • San Jose City I Power Corp, Philippines
  • Bank of China, Malaysia
  • Cosco
  • Parry Sugars Refinery, India
  • Xstrata Coal
  • Baramulti Group, Indonesia
  • Enel Italy
  • ICICI Bank Limited - India
  • Gupta Coal India Ltd
  • Xindia Steels Limited - India
  • Metalloyd Limited - United Kingdom
  • Posco Energy - South Korea
  • Aboitiz Power Corporation - Philippines
  • CCIC - Indonesia
  • ASAPP Information Group - India
  • Bangladesh Power Developement Board
  • Bukit Asam (Persero) Tbk - Indonesia
  • Larsen & Toubro Limited - India
  • IMC Shipping - Singapore
  • Bhoruka Overseas - Indonesia
  • Malabar Cements Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • GHCL Limited - India
  • Globalindo Alam Lestari - Indonesia
  • SUEK AG - Indonesia
  • Eastern Coal Council - USA
  • Petrochimia International Co. Ltd.- Taiwan
  • KEPCO - South Korea
  • GNFC Limited - India
  • Idemitsu - Japan
  • PNOC Exploration Corporation - Philippines
  • Rashtriya Ispat Nigam Limited - India
  • OCBC - Singapore
  • Gresik Semen - Indonesia
  • Trasteel International SA, Italy
  • Agrawal Coal Company - India
  • Makarim & Taira - Indonesia
  • Inco-Indonesia
  • EMO - The Netherlands
  • Goldman Sachs - Singapore
  • VISA Power Limited - India
  • Bharathi Cement Corporation - India
  • Formosa Plastics Group - Taiwan
  • Bangkok Bank PCL
  • Economic Council, Georgia
  • Indika Energy - Indonesia
  • Mintek Dendrill Indonesia
  • Siam City Cement PLC, Thailand
  • Runge Indonesia
  • Argus Media - Singapore
  • Indonesia Power. PT
  • Cemex - Philippines
  • Videocon Industries ltd - India
  • Coal and Oil Company - UAE
  • Meenaskhi Energy Private Limited - India
  • Sical Logistics Limited - India
  • Aditya Birla Group - India
  • McKinsey & Co - India
  • The State Trading Corporation of India Ltd
  • Surastha Cement
  • Panama Canal Authority
  • Standard Chartered Bank - UAE
  • Peabody Energy - USA
  • SRK Consulting
  • Madhucon Powers Ltd - India
  • Qatrana Cement - Jordan
  • Global Green Power PLC Corporation, Philippines
  • PLN Batubara - Indonesia
  • Rio Tinto Coal - Australia
  • Chamber of Mines of South Africa
  • Ministry of Finance - Indonesia
  • JPMorgan - India
  • Alfred C Toepfer International GmbH - Germany
  • White Energy Company Limited
  • Interocean Group of Companies - India
  • Vitol - Bahrain
  • MS Steel International - UAE
  • Semirara Mining Corp, Philippines
  • South Luzon Thermal Energy Corporation
  • KPCL - India
  • World Bank
  • Berau Coal - Indonesia
  • Coastal Gujarat Power Limited - India
  • Adani Power Ltd - India
  • India Bulls Power Limited - India
  • MEC Coal - Indonesia
  • ANZ Bank - Australia
  • UBS Singapore
  • CESC Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Krishnapatnam Port Company Ltd. - India
  • TANGEDCO India
  • Anglo American - United Kingdom
  • Banpu Public Company Limited - Thailand
  • Asia Cement - Taiwan
  • The India Cements Ltd
  • Core Mineral Indonesia
  • Independent Power Producers Association of India
  • Merrill Lynch Commodities Europe
  • AsiaOL BioFuels Corp., Philippines
  • Binh Thuan Hamico - Vietnam
  • Asian Development Bank
  • World Coal - UK
  • Holcim Trading Pte Ltd - Singapore
  • Platou - Singapore
  • BRS Brokers - Singapore
  • McConnell Dowell - Australia
  • Tata Power - India
  • TeaM Sual Corporation - Philippines
  • Romanian Commodities Exchange
  • Electricity Generating Authority of Thailand
  • Indian Oil Corporation Limited
  • Mitsui
  • globalCOAL - UK
  • Georgia Ports Authority, United States
  • Miang Besar Coal Terminal - Indonesia
  • Salva Resources Pvt Ltd - India
  • Meralco Power Generation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Kobe Steel Ltd - Japan
  • Sojitz Corporation - Japan
  • Samtan Co., Ltd - South Korea
  • Ministry of Mines - Canada
  • Borneo Indobara - Indonesia
  • Arch Coal - USA
  • Singapore Mercantile Exchange
  • Mercator Lines Limited - India
  • Antam Resourcindo - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Deutsche Bank - India
  • HSBC - Hong Kong
  • Energy Link Ltd, New Zealand
  • J M Baxi & Co - India
  • Clarksons - UK
  • KOWEPO - South Korea
  • Karbindo Abesyapradhi - Indoneisa
  • Barasentosa Lestari - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Jaiprakash Power Ventures ltd
  • Bhatia International Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Ministry of Transport, Egypt
  • Global Business Power Corporation, Philippines
  • Essar Steel Hazira Ltd - India
  • Gujarat Sidhee Cement - India
  • SMC Global Power, Philippines
  • Orica Australia Pty. Ltd.
  • TNB Fuel Sdn Bhd - Malaysia
  • APGENCO India
  • Bank of America
  • Fearnleys - India
  • JPower - Japan
  • Planning Commission, India
  • Attock Cement Pakistan Limited
  • Deloitte Consulting - India
  • Humpuss - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Vedanta Resources Plc - India
  • DBS Bank - Singapore
  • Kaltim Prima Coal - Indonesia
  • TNPL - India
  • Australian Coal Association
  • PLN - Indonesia
  • SGS (Thailand) Limited
  • OPG Power Generation Pvt Ltd - India
  • RBS Sempra - UK
  • Permata Bank - Indonesia
  • Minerals Council of Australia
  • Oldendorff Carriers - Singapore
  • Kumho Petrochemical, South Korea
  • Central Java Power - Indonesia
  • Merrill Lynch Bank
  • Billiton Holdings Pty Ltd - Australia
  • Renaissance Capital - South Africa
  • Coaltrans Conferences
  • Infraline Energy - India
  • Intertek Mineral Services - Indonesia