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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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Thursday, 01 January 15
FOB RICHARDS BAY COAL SWAPS CLOSED AT $63.47 PMT ON 26 DEC, SGX DATA SHOWS
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 3.37 (-4. ...
Wednesday, 31 December 14
COASTAL ENERGEN (C&O) COMMENCES 1ST UNIT OF 1200 MW POWER PLANT IN INDIA
COALspot.com: Coastal Energen, part of the Coal & Oil Group, announced last week the commissioning and commencement of power production at the ...
Wednesday, 31 December 14
SUB-BIT INDONESIA COAL Q2' 15 DELIVERY SWAP CLOSED 1.03% LOWER COMPARED TO AVERAGE Q1' 15 DELIVERY PRICE - SGX
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and gained week over week.
The Q1 swap has lost US$ 1.35 (-2 ...
Tuesday, 30 December 14
SHIP PRICES KEEP ON FALLING, SALES COME EARLY FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship prices keep on falling on the back of low freight rates. According to the latest report from shipbroker Allied Shipbroking, January sales seem ...
Tuesday, 30 December 14
INDIA INC TO BENEFIT AS IMPORTED COAL PRICES SET TO FALL - RAHUL PRITHIANI
The Hindu: India‘s coal import volumes are set to rise by over 30 per cent over the next two years to 214 million tonnes in 2015-16, as domes ...
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- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Australian Coal Association
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
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