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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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Wednesday, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
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- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
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