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Friday, 07 October 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALLED AN ESTIMATED 540.5 MMST; DOWN 21.9% Y-O-Y, SAYS EIA
 COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short tons (mmst) of coal in a week (For the week ended October 1, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 6.5% higher than last week's estimate and 6.7% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 6.3 mmst (up 6.77% week over week) and west of the Mississippi River produced totalled an estimated 10.5 mmst (up 1.94% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on October 6, 2016.
U.S. year-to-date (as of October 1, 2016) coal production totalled an estimated 540.5 mmst, 21.9% 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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Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month no ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
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- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Chamber of Mines of South Africa
- MS Steel International - UAE
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