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Friday, 02 September 16
EIA FORECASTS U.S. COAL EXPORTS TO DECLINE BY 19 MMST IN 2016 TO 55 MMST
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3 million short tons (mmst) of coal in a week (For the week ended August 27, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 2% higher than last week's estimate and 14.7% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.8 mmst (up 1.72% week over week) and west of the Mississippi River produced totalled an estimated 10 mmst (up 4% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 1, 2016.
U.S. year-to-date (as of August 27, 2016) coal production totalled an estimated 453.9 mmst, 24.5% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in July was 65 million short tons (MMst), an 8 MMst (14%) increase from the previous month but 11 MMst (15%) lower than in July 2015. In 2016, coal production is expected to decrease by 163 MMst (18%), which would be the largest decline in terms of both tons and percentage since at least 1949.
U.S's domestic coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 64 MMst (9%) in 2016, says EIA in its recent report.
EIA, further noted that, the decline is a result of both competition with low-priced natural gas and relatively mild weather in the first half of 2016 that reduced overall electricity generation.
Coal Exports
According to EIA's Quarterly Coal Report, the first quarter 2016 U.S. coal exports (14.2 million short tons) decreased 7.5% from fourth quarter 2015 and decreased 35.6% from first quarter 2015.
EIA forecasts U.S. coal exports to decline by 19 MMst (25%) in 2016 to 55 MMst, the lowest level in 10 years. Exports are expected to decline by 4 MMst (8%) in 2017.
Coal Imports
EIA further says in its Quarterly Coal Report, continued to import coal primarily from Colombia (81.2%), Canada (8.9%), and Indonesia (7.4%). U.S. coal imports in first quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the first quarter 2016 was $63.97 per short ton.
Source: EIA
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Friday, 23 September 16
"COLLATERAL LIES" DO NOT NECESSARILY UNDERMINE AN INSURANCE CLAIM
KNOWLEDGE TO ELEVATE
An insured was not precluded from recovering under an insurance policy even though it had made a false statement during t ...
Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
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- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
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