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Monday, 17 February 14
US COAL PRODUCTION IN 2013 FELL TO ITS LOWEST LEVEL IN 20 YEARS
COALspot.com: U.S coal production for 2013 totaled an estimated 996 million short tons (MMst), 21 MMst (2%) lower than in 2012. It is the first time in 20 years that annual coal production was below 1 billion short tons. Coal production has fallen by nearly 100 MMst since 2011, with nearly identical declines in the Appalachian and Western coal regions, EIA says.
Coal production in the Interior region, which includes the Illinois Basin, increased by about 14 MMst over the same time
U.S. Coal Supply
EIA projects coal production will grow 3.9% to 1,035 MMst in 2014 as inventories stabilize and consumption increases. Coal production is projected to fall 1.5% in 2015 to 1,019 MMst.
U.S. Coal Consumption
EIA estimates total coal consumption for 2013 to be 920 MMst, a 3.5% increase over 2012. The increase was primarily a result of increased consumption in the electric power sector due to higher natural gas prices. Projected consumption grows 4.1% to 958 MMst in 2014 as electricity demand grows and natural gas prices continue to rise. Total coal consumption is projected to decline by 2.1% in 2015, as retirements of coal power plants rise in response to the implementation of the Mercury and Air Toxics Standards.
U.S. Coal Exports
EIA estimates that exports for 2013 totaled 118 MMst, about 8 MMst lower than 2012. Exports are projected to total 106 MMst in 2014 and 105 MMst in 2015. Continuing economic weakness in Europe (the largest regional importer of U.S. coal), slowing Asian demand growth, increasing coal output in other coal-exporting countries, and falling international coal prices are the primary reasons for the expected decline in U.S. coal exports. However, a supply disruption in Colombia could provide a temporary boost to U.S. exports. Columbian steam coal exports are expected to drop by about a third after a new law, which took effect on January 1, only allows coal exporters to load ships using enclosed conveyor belts and prohibits the use of cranes and barges. Upgraded loading facilities are currently slated for completion in March.
U.S. Coal Prices
According to EIA, nominal annual average coal prices to the electric power industry fell for the second consecutive year, from $2.38/MMBtu in 2012 to $2.35/MMBtu in 2013.
EIA forecasts average delivered coal prices of $2.36/MMBtu in 2014 and $2.37/MMBtu in 2015.
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Monday, 31 March 14
CFR SOUTH CHINA COAL SWAP FOR Q2 14 DELIVERY LOST 1.17% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.17 percent month on month and closed at US$ 75.38 per m ...
Sunday, 30 March 14
FREIGHTS FROM INDONESIA TO INDIA IS EXPECTED TO BE SOFT NEXT WEEK - REDDY
COALspot.com: The freight market dropped drastically and all sectors were affected severely.
The BDI was down by 14.13 pct and closed at 1, ...
Friday, 28 March 14
US PRODUCED APPROXIMATELY 18.9 MMST IN A WEEK - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...
Friday, 28 March 14
CHINA'S ENVIRONMENTAL MEASURES WILL NOT CURB GROWTH IN DOMESTIC STEEL PRODUCTION AND SEABORNE IRON ORE - WOOD MACKENZIE SAYS
Steel plants in China have been targeted as a major source of the toxic smog enveloping Beijing and Shanghai. Emergency measures have been impos ...
Thursday, 27 March 14
PANAMAX : SEEMS TO HEAD FURTHER DOWN; CAPESIZE : ANOTHER CHOPPY AND UNPREDICTABLE WEEK - FEARNLEYS AS
Handy
A weaker sentiment for the smaller size as well, with reduced activity in the Atlantic where Owners have to face significantly lower ret ...
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- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
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