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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, 11 November 15
VESSEL VALUES ARE DOWN BY AT LEAST 20% SINCE MID-AUGUST - INTERMODAL
I had promised not to spend another broker’s insight focusing on the dry bulk side. However, the sale of the M/V Churchill Bulker (179,362 dw ...
Tuesday, 10 November 15
SELF-HEATING OF COAL HAS EMPHASISED THE IMPORTANCE OF CHECKING THE ACCURACY OF SHIPPER'S DECLARATIONS - GARD
Recent incidents involving self-heating of coal has emphasised the importance of checking the accuracy of shipper’s declarations for all type ...
Tuesday, 10 November 15
API 5 FOB NEWCASTLE COAL SWAP SLIDES CONTINUE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $3.55 per ton (8.50%) month over month to US$ 38.20 per ton. The swap ...
Monday, 09 November 15
BUNKER PRICES TO KEEP SLIDING THIS WEEK, EXPERT SAYS - MARINE BUNKER EXCHANGE
The oil price volatility has continued this week. Two dollars up one day and the next day two dollars down. The oil market has been trading on the ...
Monday, 09 November 15
CFR SOUTH CHINA THERMAL COAL SWAP FOR Q3' 16 CONTRACT DECLINED US$ 4 PER TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 4.35 (9.03 %) per ton month over month.
A commodity swa ...
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- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- The University of Queensland
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Australian Coal Association
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
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