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Tuesday, 20 January 15
INDIA TO SURPASS THE UNITED STATES AND BECOME THE SECOND-LARGEST COAL CONSUMER IN THE WORLD BY 2019 - IMF
COALspot.com: In 2013, coal added more primary energy than any other fuel and was the fastest-growing fossil fuel, enhancing its position as the second-largest primary energy source and closing the gap with oil, IMF said in its latest Medium-Term Coal Market Report.
According to IMF, in 2014, coal oversupply persisted and very low coal prices continued to dominate, as they have since 2011. The domestic oversupply in China – accompanied by price reduction from the major producers to protect their market share – has strongly impacted international markets, which were likewise oversupplied by expansions by all major exporters. Imported European steam coal prices, one of the main reference prices worldwide, were in the $70-80/ton range during 2014, compared to over $120/ton in March 2011.
Commented on Australian met coal, IMF noted that, Australian met coal was in a very narrow band between $112/ton and $116/ton since April 2014, compared to March 2011 when it averaged over $320/ton. With persistent low prices, the strategy of producers is to reduce costs. In the medium term, despite low prices, expansions will happen. There are many projects in different phases of development ready to start or ramp up production, although most of them will not do so at current prices.
In Medium-Term Coal Market Report, IMF further noted that, global coal demand grows on average +2.1% per year over the outlook period, from 5690 million tons of coal- equivalent (Mtce) in 2013, to 6462 Mtce by 2019.
Coal demand in non-OECD countries (members of Organisation for Economic Co-operation and Development) will grow on average +3.0% per year from 4239 Mtce in 2013 to 5060 Mtce in 2019. Most incremental demand volumes are projected for China (+471 Mtce) and India (+177 Mtce), enabling India to surpass the United States and become the second-largest coal consumer in the world by 2019, IMF concluded.
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Tuesday, 20 January 15
INDONESIAN COAL OUTPUT SEEN RISING, DESPITE FALL IN ITS PRICE
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 declined month on month and week over week, but Indonesian Coal Output Seen Rising. T ...
Tuesday, 20 January 15
NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY DECLINED 2.83% M-O-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery declined US$ 1.45 per MT (-2.83%) month over month and US$ 0.50 (-0.99%) we ...
Monday, 19 January 15
HBA FALL TO FRESH LOWS; COAL OVERSUPPLY WILL CONTINUE TO PUSH PRICE DOWN
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal bench mark price this month to US$ 63.84. T ...
Monday, 19 January 15
CFR SOUTH CHINA COAL SWAPS REMAIN WEAK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined US$ 3.37 (-5.63%) per MT month over month and US$ 0.74 (-1.29%) ...
Monday, 19 January 15
FOB RICHARDS BAY COAL SWAP FOR Q4 DELIVERY CLOSED 4% LOWER THAN Q1 DELIVERY PRICE
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 declined month over month and week over week.
The Q1 swap has f ...
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- Parliament of New Zealand
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- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- White Energy Company Limited
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Australian Coal Association
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Planning Commission, India
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
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