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Wednesday, 08 June 16
U.S COAL IMPORTS ARE PROJECTED TO BE 12 MMST IN 2016 AND 11 MMST IN 2017 - EIA
.jpg) Coal Supply
U.S. coal production in May was 50 million short tons (MMst), a 4 MMst (10%) increase from the previous month but 19 MMst (28%) lower than in May 2015.
According to EIA, forecast coal production is expected to decrease by 155 MMst (17%) in 2016, which would be the largest decline in terms of both tons and percentage since data collection began in 1949. In 2016, forecast coal production in the Appalachian region and in the Western region declines by 18% and by 19%, respectively, while Interior region production declines by 11%. In 2017, total U.S. coal production is expected to increase by 27 MMst (4%).
According to the most recent data, EIA said in its latest report, the electric power sector coal stockpiles were 194 MMst in March, a 5 MMst (3%) increase from February. This March stock build deviates from the normal seasonal pattern where stocks decrease during the winter months, and end-of-March coal stocks were at high levels. Warmer-than-normal temperatures experienced throughout the United States in March 2016 (and the winter as a whole) and coal's continuing loss of market share to natural gas for electric power generation contributed to the increase in coal stockpiles. March stocks were 25% (39 MMst) higher than the March 2015 level.
Coal Consumption
Commenting on U.S coal consumption, EIA 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 72 MMst (10%) in 2016. The decline is a result of competition with low-priced natural gas and from warmer-than-normal winter weather in the first quarter of the year that reduced overall electricity generation. Coal consumption in the electric power sector is forecast to increase by 27 MMst (4%) in 2017, mostly because of rising natural gas prices coupled with increases in electricity generation.
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 U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxics Standards (MATS).
Coal Exports
EIA noted that the Slower growth in global coal demand and lower international coal prices have contributed to a decline in U.S. coal exports. Coal exports in March were 5 MMst, up 15% from February but 32% lower than the amount exported in March 2015. EIA forecasts U.S. coal exports to decline by 8 MMst (10%) in 2016 and by 8 MMst (12%) in 2017.
Coal Imports
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 be 12 MMst in 2016 and 11 MMst in 2017, EIA says.
Coal Prices
EIA estimates the delivered coal price averaged $2.23/MMBtu in 2015. Forecast prices are $2.18/MMBtu in 2016 and $2.20/MMBtu in 2017.
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Friday, 27 May 16
PET-COKE IMPORTS TO FACE PRESSURE IN INDIA
COALspot.com: An Indian environmental activist moved the National Green Tribunal seeking ban on the use of all forms of petroleum coke, also called ...
Friday, 27 May 16
US COAL PRODUCTION ROSE 2.9% WOW, ACCORDING TO EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.7 million short tons (mm ...
Thursday, 26 May 16
GIANT ORE CARRIERS SET TO PLAY A BIGGER ROLE IN THE GLOBAL SHIPPING FLEET: CHINA EMBRACES VALEMAXES - RICHARD SCOTT
Another phase of the giant ships era is approaching. Chinese shipowners placed orders recently for 30 huge ‘valemax’ ore carriers. Thes ...
Wednesday, 25 May 16
MEDIATION AS A WAY TO RESOLVE DISPUTES IN THE SHIPPING INDUSTRY - LANA JACOBS
KNOWLEDGE TO ELEVATE
The shipping market is currently experiencing a serious recession with the Baltic Dry Index and Baltic Capesize Index bot ...
Wednesday, 25 May 16
DRY BULK SNP MARKET DISPLAYS SIGNS OF STRENGTH - GEORGE ILIOPOULOS
Only a couple of weeks away from the world’s most prominent maritime event, the market for tankers displays an evident lack of confidence in ...
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Showing 2416 to 2420 news of total 6871 |
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- Energy Development Corp, Philippines
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- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
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- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
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- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
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- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
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- Ministry of Transport, Egypt
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- Global Business Power Corporation, Philippines
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- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
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- Ministry of Finance - Indonesia
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- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
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- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Planning Commission, India
- White Energy Company Limited
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- The Treasury - Australian Government
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- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
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- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
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- Parliament of New Zealand
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- Indian Energy Exchange, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
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- Karbindo Abesyapradhi - Indoneisa
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- Global Coal Blending Company Limited - Australia
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- Georgia Ports Authority, United States
- PTC India Limited - India
- Medco Energi Mining Internasional
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- Deloitte Consulting - India
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Wilmar Investment Holdings
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- Orica Australia Pty. Ltd.
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- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
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- Videocon Industries ltd - India
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- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
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- Siam City Cement PLC, Thailand
- Economic Council, Georgia
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- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
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- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
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- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
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- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
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- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
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- The University of Queensland
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- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
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- Coal and Oil Company - UAE
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- Trasteel International SA, Italy
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- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
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