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

Friday, 30 August 13
US COAL PRODUCTION FELL 0.48 PERCENT WEEK ON WEEK - EIA
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.70 million short tons (mmst) of ...


Thursday, 29 August 13
HANDY: THE PACIFIC MARKET STARTED HEALTHY THIS WEEK - FEARNRESEARCH
Handy The Pacific market started healthy this week. We have seen many bauxite, iron ore and few coal fixtures. Ships passing Singapore were able to ...


Thursday, 29 August 13
NO RATING IMPACT ON INDONESIAN ENERGY COMPANIES FROM RUPIAH DEPRECIATION - FITCH RATINGS
Fitch Ratings says the credit profiles of rated Indonesian energy and utilities companies, including thermal coal producers, will largely remain una ...


Wednesday, 28 August 13
THE BDI HAS MOVED TO LEVELS CONSIDERABLY STRONGER THAN THE BEGINNING OF THE YEAR - INTERMODAL
By George Bassakos SnP Broker - Intermodal We have already reached the end of August and whilst students are preparing themselves for another sc ...


Tuesday, 27 August 13
AUSTRALIA NEWCASTLE COAL EXPORTS JUMPED 15.59 PERCENT ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 15.59 per cent week on week to 2.76 million mt for ...


   828 829 830 831 832   
Showing 4146 to 4150 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 ...

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