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Wednesday, 11 May 16
U.S. FORECAST COAL PRODUCTION IS EXPECTED TO DECLINED BY 150 MMST IN 2016; THE LARGEST DECLINE SINCE 1949 - EIA
 COALspot.com: EIA estimates that U.S. coal production in April was 46 million short tons (MMst), a 6 MMst (12%) decrease from the previous month and 29 MMst (38%) lower than in April 2015.
Forecast coal production is expected to decrease by 150 MMst (17%) in 2016, which would be the largest decline in terms of both tons and percentage since data collection started in 1949, says EIA.
In the meantime, according to EIA, In 2017, total U.S. coal production is expected to increase by 32 MMst (4%).
Coal Consumption
EIA further noted that, the Coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 58 MMst (8%) in 2016. The decline is a result of competition with low-priced natural gas and from warmer-than-normal winter weather that reduced overall electricity generation. Coal consumption in the electric power sector is forecast to increase by 25 MMst (4%) in 2017, primarily because of rising natural gas prices.
Retirements of coal-fired power plants reduce coal-fired generation capacity in the forecast period, primarily in 2016. 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). In April, EPA granted units at five power plants an additional one-year extension to comply with MATS. These power plants will continue to operate while emission controls are installed or until reliable alternative generation sources are made available.
According to the most recent data, EIA says, electric power sector coal stockpiles were 189 MMst in February, nearly unchanged from January. This pattern deviates from the normal seasonal pattern where stockpiles decrease during the winter months. U.S. end-of-February coal stockpiles were still at high levels, despite the coal plant retirements that have occurred in recent months. This year, February stocks were 26% (39 MMst) higher than the February 2015 level.
Coal Trade
Commenting on coal trade, EIA noted that, slower growth in global coal demand and lower international coal prices have contributed to a decline in U.S. coal exports. 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.
According to EIA, the coal exports in February were 5 MMst, up 2% from January but 31% lower than the amount exported in February 2015. EIA forecasts U.S. coal exports to decline by 15 MMst (20%) in 2016 and by 3 MMst (4%) in 2017. While, 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 averaged $2.23/MMBtu in 2015. Forecast prices are $2.18/MMBtu in 2016 and $2.21/MMBtu in 2017.
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Monday, 20 June 16
CS COAL INDICES CONTINUE UPWARD TREND SINCE END APRIL
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up again by 0.05 percent week over week to averaging $39.39 per ton this past we ...
Monday, 20 June 16
THE BDI HAS FELL 23 POINTS WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined this past week. The BDI was fell 3.77 percent fr ...
Friday, 17 June 16
CHINA'S NEW POLICY TO REDUCE WASTE IN RENEWABLE ENERGY - FITCH
Chinese renewable energy producers are likely to benefit from a new policy that guarantees a minimum amount of solar and wind power is purchased in ...
Friday, 17 June 16
KOMIPO INVITES BIDS FOR BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
Friday, 17 June 16
U.S WEEKLY COAL PRODUCTION UP 7.7% - EIA
COALspot.com – U.S., the world’s one of the largest coal producer has produced approximately totalled an estimated 12.9 million short t ...
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- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Australian Coal Association
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Economic Council, Georgia
- White Energy Company Limited
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
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