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Thursday, 21 December 17
COAL CONSUMPTION DROPS AS GAS AND RENEWABLES CHEW INTO TRADITIONAL MARKETS - BABS MCHUGH
 "The share of coal in the global energy mix is forecast to decline from 27 per cent last year to 26 per cent in 2022"
Global demand for coal slumped 1.9 per cent in 2016, a record drop in demand that is not expected to change until 2022.
The International Energy Agency (IEA) Coal 2017 report said 5.36 billion tonnes of coal was used last year, the second year in row consumption dropped.
That is a combined total of 4.2 per cent over 2015 and 2016, which according the IEA is larger than the last two-year slump in the early 1990s.
The agency forecasts that by 2022 global coal demand will be 5.53 billion tonnes, which means total demand will have stagnated for more than a decade.
Coal is Australia's second largest export earner after iron ore and has weathered a difficult few years before an unexpected and sustained spot-price rise over the past 18 months.
The IEA director for energy markets Keisuke Sadamori said global energy systems were rapidly evolving and biting into coal's traditional markets.
"There is much more diversity in the fuel mix: fracked natural gas, especially cheaper fracked gas in the United States," he said.
"And costs are reducing for new technologies in both energy efficiency and renewable energy.
"Despite that, demand will remain essentially the same for the next five years.
"We expect coal-fired generation to increase by 1.2 per cent a year until 2022 although its share of the power mix will fall to just below 36 per cent by then."
Demand moves from west to east
Coal use is forecast to decline further in Europe, Canada, USA and China but demand will rise in rapidly developing countries in South East Asia, India, Pakistan and Bangladesh.
The IEA singles out India as being the major growing consumer of coal with coal-fired generation expected to grow there by more than 4 per cent per annum until 2022.
This may not be of great benefit to Australian coal producers with the Indian government declaring it would double its coal use by 2020, but use only domestic supplies to do so.
However, many market commentators do not believe India was positioned to become self sufficient in coal in the medium term.
Pakistan is predicted to increase its coal consumption four-fold by 2022.
Despite the reduction in coal consumption in China, the IEA still sees the nation as a significant price setter.
"China will remain the key driver although the potential for demand growth is," Mr Sadamori said.
"However the country's supply-side reforms will be critical factors for coal prices in coming years."
Source: ABC News
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Friday, 05 January 18
COAL DEMAND TO REMAIN FLAT TO 2022, RESULTING IN A DECADE OF STAGNATION - IEA
Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the ...
Thursday, 04 January 18
SUPRAMAX: INDO TO CHINA WERE FIXED AT AROUND $8K DAILY; DOWN AROUND 27% WOW
Supramax
Q1 kicked off with an usual standby with all counterparts waiting for the market to take direction. Further holidays in East-Europe adde ...
Wednesday, 03 January 18
KOMIPO TO BUY 130K TONS OF MIN. 5700 NAR COAL FOR FEB 2018 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130k Metric Tons of min. 5700 NAR coal to be burnt a ...
Friday, 29 December 17
PORT OF NEWCASTLE SHIPPED A$ 1.527 BILLION WORTH OF 12.65 MT OF COAL IN NOVEMBER
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export port has shipped $AU 1527.6 M ...
Friday, 29 December 17
U.S WEEKLY COAL PRODUCTION SLIGHTLY UP FOR THE WEEK ENDING 23 DEC, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tons ...
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Showing 1836 to 1840 news of total 6871 |
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- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
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