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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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Friday, 07 October 16
INDONESIA'S DEMAND FOR COAL REMAINS STRONG: BP
Indonesia's domestic demand for coal shows no sign of slowing down as the country is banking on its coal abundance to meet the country' ...
Friday, 07 October 16
CEYLON SHIPPING CORPORATION HAS TAKEN DELIVERY OF COAL CARRIER MV.CEYLON PRINCESS
Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal to pow ...
Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 06 October 16
SHIPS IN PACIFIC ACHIEVE JUST ABOVE $10K DAILY FOR A BRAZIL ROUND VOYAGE - FEARNLEYS
Supramax
Slower week with limited activity due to holidays in the East. Mixed feelings within different markets, with slight downturn in Pacific ...
Wednesday, 05 October 16
OPEC TO SHUT OFF MORE THAN 6 PERCENT OF ITS PRODUCTION; MIXED FEELING AMONGST TRADERS - ALLIED
OPEC recent accord to shut off more than 6 percent of its production this past week has been met with mixed feeling amongst traders. As we mo ...
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- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
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