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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, 25 April 16
BALTIC DRY INDEX ENDS WEEK ON A POSITIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 22 April 16
U.S WEEKLY DOMESTIC COAL OUTPUT UP 8.2 PER CENT - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.1 million short tons (mm ...
Thursday, 21 April 16
PANAMAX: A VERY HEALTHY NORTH ATLANTIC FOR BOTH ROUNDS AND FRONTHAUL
Capesize
Correcting after last week's quadrupling.
This year's highest daily average of USD 8000 came on the back of substantial pro ...
Wednesday, 20 April 16
2017 IS EXPECTED TO BE A MUCH BETTER YEAR FOR THE SHIPPING INDUSTRY - INTERMODAL
Some months ago we noted that all projections anticipated 2016 to be a better year from a macroeconomic point of view when compared to 2015. As we ...
Tuesday, 19 April 16
STARS STILL SHINING? KEY IMPORTERS THROUGH THE TELESCOPE - CLARKSONS
As the pace of growth in Chinese seaborne imports has slowed, and prospects for a return to stronger rates of expansion appear to have diminished, ...
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- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
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