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Monday, 24 October 16
U.S WEEKLY COAL PRODUCTION DECLINED 3.2% TO 16 MMST WEEK OVER WEEK
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16 million short tons (mmst) of coal in a week (For the week ended October 15, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 3.2% lower than last week's estimate and 3.8% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 6 mmst (decline 4.76% week over week) and west of the Mississippi River produced totalled an estimated 10.1 mmst (down 1.94% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on October 20, 2016.
U.S. year-to-date (as of October 15, 2016) coal production totaled an estimated 573.1 mmst, 21.1% 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 Coal exports in July 2016 totaled 3.3 million short tons (MMst), which was 40% lower than in June and the lowest amount of coal exported in any month since February 2007.
Exports for the first seven months of 2016 were 32% lower than in the same period in 2015. EIA forecasts U.S. coal exports will decline by 26% in 2016 to 55 MMst, the lowest level since 2006. Exports are expected to decline by an additional 5% 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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Monday, 07 November 16
INDONESIAN COAL PRICE REFERENCE ROSE 59.57 PER CENT YEAR TO MONTH
COALspot.com: The Indonesia coal benchmark price hits to its highest level since May 2013. The government declared benchmark prices for Indo ...
Monday, 07 November 16
HANDYSIZE: THE ASIAN INDICES RECORDED A GRADUAL DROP EVERY DAY - THE BALTIC BRIEFING
Capesize
A rumour-fuelled market this week but essentially rates a touch firmer and owners cautiously optimistic. The flotilla of vessels heading ...
Monday, 07 November 16
THE SUPRAMAX CHARTER RATES FOR INDONESIA TO INDIA WERE RATING AT AROUND $7500-8000 A DAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose slightly and ending in a positive note this past wee ...
Friday, 04 November 16
U.S COAL PRODUCTION UP WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tons ...
Friday, 04 November 16
INDONESIAN INFRASTRUCTURE DEVELOPMENT TRENDS ARE UNANIMOUSLY AFFIRMED
Press Release: October 20-21, 2016 Indonesia Infrastructure Summit (IIC) opened at the Hyatt Hotel in Jakarta The theme of the meeting was "Pr ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
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- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
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- OPG Power Generation Pvt Ltd - India
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- Economic Council, Georgia
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- Thai Mozambique Logistica
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- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
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- Deloitte Consulting - India
- Parliament of New Zealand
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- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
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- Orica Mining Services - Indonesia
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- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Eastern Coal Council - USA
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- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
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- Global Business Power Corporation, Philippines
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- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Merrill Lynch Commodities Europe
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- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- The University of Queensland
- Indian Oil Corporation Limited
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- Holcim Trading Pte Ltd - Singapore
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- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
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- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
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- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
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- Carbofer General Trading SA - India
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- Standard Chartered Bank - UAE
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- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
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- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Interocean Group of Companies - India
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- Larsen & Toubro Limited - India
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- Georgia Ports Authority, United States
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- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
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- Eastern Energy - Thailand
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