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Wednesday, 13 April 16
U.S COAL PRODUCTION IS EXPECTED TO DECREASE BY 16 PER CENT IN 2016; THE LARGEST ANNUAL PERCENTAGE DECLINE SINCE 1958 - EIA
 EIA estimates that U.S. coal production in March 2016 was 52 million short tons (MMst), a 2 MMst (4%) decrease from the previous month and 29 MMst (36%) lower than in March 2015.
According to EIA’s Short-Term Energy And Summer Fuels Outlook, Forecast coal production is expected to decrease by 143 MMst (16%) in 2016, which would be the largest annual percentage decline since 1958. In 2016, forecast Appalachian and Western region production declines by 14% and 20%, respectively, and Interior region production falls by 6%. In 2017, total coal production is expected to increase by 26 MMst (3%).
Coal Consumption
EIA’s Short-Term Energy And Summer Fuels Outlook noted, Coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 50 MMst (7%) in 2016 as a result of mild winter weather and competition with natural gas. Coal consumption in the electric power sector is forecast to increase by 16 MMst (2%) in 2017 primarily because of rising natural gas prices. Retirements of coal-fired power plants reduce coal-fired generation capacity in the forecast period. The retirements are the result of increased competition with natural gas generation and the industry response to the implementation of the Environmental Protection Agency's (EPA) Mercury and Air Toxics Standards (MATS).
Coal Trade
Slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports, says EIA. Lower mining costs, cheaper transportation costs, and favorable exchange rates are expected to continue to provide an advantage to mines in other major coal-exporting countries compared with U.S. producers over the next few years.
Coal exports in January 2016 were 4 MMst, down 9% from December 2015 and 44% lower than the amount exported in January 2015. EIA forecasts U.S. coal exports to decline by 15 MMst (21%) in 2016 and by 2 MMst (3%) in 2017.
Atlantic and Gulf Coast power generators are forecast to maintain their current levels of coal imports, which are primarily from Latin America. Imports are projected to total about 11 MMst in 2016 and 2017.
Coal Prices
EIA estimates the delivered coal price in U.S averaged $2.23/MMBtu in 2015. Forecast prices are $2.16/MMBtu in 2016 and $2.19/MMBtu in 2017.
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Monday, 24 October 16
U.S WEEKLY COAL PRODUCTION DECLINED 3.2% TO 16 MMST WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16 million short tons ...
Monday, 24 October 16
DRY BULK:MARKET ENDS WEEK WITH MIXED REACTIONS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ending with mixed direction as Cape and BDI was declined ...
Thursday, 20 October 16
THE PORT OF NEWCASTLE SHIPPED 16.97 PERCENT MORE COAL IN SEPTEMBER
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,216.7 m ...
Thursday, 20 October 16
A SUPRAMAX HAVE BEEN FIXED AT $12,500 FOR A INDIA TO BANGLADESH TRIP - FEARNLEYS
Supramax
A bit more activities with modest upturn in rates.
According to Fearnleys weekly report, US Gulf trip to Skaw-Passero has seen cons ...
Wednesday, 19 October 16
THE SHIPPING MARKET IS IN A WAIT AND SEE MODE - INTERMODAL
We are now heading towards the end of a rather volatile 2016 for the dry bulk segment. During the last 10 months there were never any clear indicat ...
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- Global Green Power PLC Corporation, Philippines
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- Global Business Power Corporation, Philippines
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- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
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- Indian Oil Corporation Limited
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- Intertek Mineral Services - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
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- PTC India Limited - India
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- Parliament of New Zealand
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- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
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- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
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- Baramulti Group, Indonesia
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- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Economic Council, Georgia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
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- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Electricity Authority, New Zealand
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- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
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