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Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
bpCOALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines.

According to bp, the rise in coal prices further depressed global coal demand particularly in the power sector with natural gas and renewable energy the main beneficiaries.  

The price level remained the highest in Japan.

The steam coal price differential between Japan and North America rose from $7/t in 2015 to $18/t, and the spread between Northwest Europe and North America rose from $3/t to $16/t.

Coal consumption
bp also said, Global coal consumption fell by 1.7%, (-53 mtoe) the second successive annual decline.
 
The largest decreases were seen in the US (-33 mtoe, an 8.8% fall), China (-26 mtoe, -1.6%) and the United Kingdom (-12 mtoe, -52.5%). 
 
Coal consumption in the UK more than halved to its lowest level in our records. 
 
Chinese coal consumption declined for the third consecutive year, although by less than production, with China resuming its position as the world’s largest importer of coal.


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Recent News

Friday, 13 October 17
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS OF 2017 TOTALED 51 MMST; UP 62% YOY, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2  million shor ...


Thursday, 12 October 17
THERMAL COAL PRICES IN EUROPE AND ASIA PUSHING HIGHER - DANIEL HYNES
Coal markets took the lead from the oil market, with thermal coal prices in Europe and Asia pushing higher says Daniel Hynes,Senior Commodity Strat ...


Wednesday, 11 October 17
2020 DEBATE AT IBIA'S LISW EVENT: COMPLIANCE & ENFORCEMENT – IT'S COMPLICATED : IBIA
There is no doubt about the start date for the 0.50% marine fuel sulphur limit in MARPOL Annex VI, but questions remain around how it will be enfor ...


Wednesday, 11 October 17
SHIPPING MARKET INSIGHT - TIMOS PPADIMITRIOU
With the majority of second-hand tonnage transactions taking place in the dry bulk sector it’s easy to lose sight of what is happening over a ...


Tuesday, 10 October 17
DELIVERY OF CARGO WITHOUT ORIGINAL BILLS OF LADING - UK P&I CLUB
KNOWLEDGE TO ELEVATE - It is common in a lot of trades, whether bulk or oil, to accept a Letter of Indemnity (“LOI”) for non-produ ...


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