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Friday, 09 September 16
U.S. WEEKLY COAL OUTPUT DECLINED SLIGHTLY TO 16.1 MMST, EIA SAYS
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short tons (mmst) of coal in a week (For the week ended September 3, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 1% lower than last week's estimate and 15.2% 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 10.2 mmst (up 1.99% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 8, 2016.
U.S. year-to-date (as of September 3, 2016) coal production totalled an estimated 470 mmst, 24.3% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in August was 71 million short tons (MMst), an 6 MMst (9%) increase from the previous month but 12 MMst (14%) lower than in August 2015. In 2016, coal production is expected to decrease by 164 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. However, the EIA’s Short-term energy outlook noted that, U.S. Coal exports in June 2016 were 1 MMst (29%) higher than in the previous month, but exports for the first six months of 2016 were 32% (13 MMst) lower than the amount exported in the first half of 2015.
EIA forecasts that, the 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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Wednesday, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
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- Oldendorff Carriers - Singapore
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- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
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- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
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- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Orica Australia Pty. Ltd.
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- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
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- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
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- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
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- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
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- New Zealand Coal & Carbon
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- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
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- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
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- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
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- Economic Council, Georgia
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- Sakthi Sugars Limited - India
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- Wilmar Investment Holdings
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- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
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- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
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- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Australian Coal Association
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
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- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
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- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
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- Ministry of Finance - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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