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Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short tons (mmst) of coal in a week (For the week ended September 10, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.2% lower than last week's estimate and 14.5% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.5 mmst (down 5.17% week over week) and west of the Mississippi River produced totalled an estimated 9.6 mmst (down 5.88% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 15, 2016.
U.S. year-to-date (as of September 10, 2016) coal production totalled an estimated 485.1 mmst, 24% 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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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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- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Parliament of New Zealand
- Australian Coal Association
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Planning Commission, India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
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