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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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Wednesday, 29 November 17
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
In line with most expectations for the end of this month, during the past days the Dry Bulk market realized a significant rebound that sent the BDI ...
Tuesday, 28 November 17
THE DRY BULK MARKET HAS SHOWN A REMARKABLE RECOVERY THIS YEAR - GEORGE LAZARIDIS
The Dry Bulk market has shown a remarkable recovery this year with the average earnings having increased by around 63% this year so far compared to ...
Friday, 24 November 17
U.S. PRODUCED 14.9 MMST FOR THE WEEK ENDING NOV 18; UP 0.9% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 23 November 17
PANAMAX: ANOTHER SLOW AND UNEVENTFUL WEEK; DECREASING FREIGHT RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
A quiet start to the week. USG closed last week a bit tighter, and continued into the new week on a positive tone with little concluded, ...
Wednesday, 22 November 17
THERMAL COAL WAS FLAT AMID CONCERNS OF FURTHER GOVERNMENT INTERVENTION IN CHINA, SAYS DANIEL HYNES
Coal prices were mixed. Thermal coal was flat amid concerns of further government intervention in China, said Daniel Hynes Senior Commodity Strateg ...
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Showing 1866 to 1870 news of total 6871 |
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- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
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