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Thursday, 06 August 15
HARD COAL AND COKE IMPORTS TO GERMANY REACH NEW ALL-TIME HIGH OF 56.2M TONES IN 2014
 Demand for German and imported hard coal In 2014, in 2014 fell by almost 8%, or 4.8m TCE, to 56.2m TCE.
According to German Coal Importer Association, this was caused mainly by the overall decline of 3% in power generation and the overall downward trend of 4.7% in primary energy demand, which accordingly also had an impact on hard coal. Another factor was the growing proportions accounted for by renewable energies. As in the previous year, demand for hard coal was satisfied by imports in the amount of some 86% and by domestic coal in the amount of 14%. Total imports of hard coal and coke reached a new all-time high of 56.2m tonnes in 2014, an increase of 3.4m tonnes, or 6%, in comparison with 2013.

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According to press note, the focal point of hard coal sales comprises power plants, which dominate demand with 69% (previous year: 71%) and the iron and steel industry with 28% (previous year: 26%). The heating market plays only a subordinate role with 3%. As regards steam coal, Russia, the USA and Colombia largely satisfied the import needs, while coking coal demand was covered by Australia with a 45% market share, the USA with 29% and Canada with 13% as the main supplier countries.
Clear downward trends are discernible in power generation from hard coal-fired power plants in 2014. The hard coal-fired power plants delivered 109 TWh, some 10% less power than in the previous year. This left hard coal with a share of just under 18% in the energy mix for 2014. But the other conventional types of power generation , too, had negative year-on-year results: lignite -3.2%, nuclear energy -0.2%, natural gas -13.7% and oil - 6.6%.
The balance in the power exchange (the total of exports less imports) came to around 36 TWh in 2014. This corresponds to an increase of 5% in comparison with 2013. The price advantage of coal compared with gas (the difference between the so-called "clean dark spread" less the "clean spark spread") fluctuated between 6 and 37 €/MWh last year. This favourable result for hard coal should not, however, blind one to the reality that almost all gas-fired and very many coal-fired power plants are now making losses and that power revenues are often insufficient to cover the fuel costs.
The VDKi takes a differentiated view of the statement in the white paper. The following should continue to be designated as the basis for market's further development into the energy market 2.0:
- security of supply
- cost efficiency
- innovation and sustainability.
These criteria have been satisfied by power generation from hard coal in the past and the present and will continue to be satisfied in the future. This makes the discrimination against hard coal, which could not have been made more obvious than in the new CHP regulations, impossible to comprehend. In addition to the fact that the expansion target of 25% is being subverted by a radical change in the basis, it is intended that only gas-fired CHP plants should be subsidised in the future. This is discriminatory and a deliberate damnification of highly efficient CHP from existing coal-fired power plants that contribute substantially to the reduction in CO2 emissions and fulfil the key requirements of the power market, said VDKi.
"We need a general framework that opens up a sustainable commercial perspective for hard coal for as long as hard coal continues to be allocated a central role for the safeguarding of renewable power generation, and therefore the success of the energy turnaround, for many years to come," said Dr Wolfgang Cieslik, VDKi CEO.
Despite the increase of 21% in steam coal imports in Q1 2015, the VDKi estimates that only 38m tonnes of steam coal and 53m tonnes of hard coal and coke in total, i.e. 5% less, will be imported during the whole of 2015.
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Wednesday, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week.
The 4Q swap was decli ...
Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...
Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...
Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...
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- Renaissance Capital - South Africa
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- India Bulls Power Limited - India
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- Ministry of Mines - Canada
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- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
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- Planning Commission, India
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- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
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- Energy Development Corp, Philippines
- The University of Queensland
- The State Trading Corporation of India Ltd
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- Indian Oil Corporation Limited
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- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
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- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
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- McConnell Dowell - Australia
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- Chamber of Mines of South Africa
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- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
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- Mercuria Energy - Indonesia
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- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
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- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
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- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
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- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
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