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Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal exports. Appalachian region coal production, based largely on the strength of growth in coal exports, increased for the second year in a row, but Interior and Western region production declined by 5% and 3% in 2018, respectively. In both 2019 and in 2020, EIA expects total U.S. coal production to decline by 3% and 7%, respectively, because of anticipated declines in both exports and domestic consumption. The 2020 forecast production of 680 MMst would be the first time annual production totaled less than 700 MMst since 1978.
Coal Consumption
EIA estimates that coal consumption in the electric power sector for 2018 declined by 24 MMst (4%), despite a 4% increase in overall electricity generation. EIA expects power sector coal consumption to decline by 52 MMst (8%) in 2019 and by 44 MMst (7%) in 2020. The decrease in power sector consumption reflects increasing shares of electricity generation from both natural gas and renewable energy sources.
Coal Trade
The United States, with excess coal production and export terminal capacity, is a swing supplier of coal to the global market. When market conditions are favorable (high global coal prices, low shipping costs, disruptions in supply from other exporters, and/or increased demand from major consumers), U.S. coal exports often expand. However, exports often contract with a reversal of these market factors. EIA estimates that U.S. coal exports were 116 MMst in 2018, 20% higher than the amount exported in 2017, marking the fourth time on record that annual exports exceeded 110 MMst. EIA expects that some market conditions that favor U.S. coal exports will diminish and forecasts that coal exports will decline to 102 MMst in 2019 and to 94 MMst in 2020.
Despite EIA’s overall forecast decline in U.S. coal exports, exports to Asia, particularly to India, Japan, and South Korea, are expected to remain strong. Exports to these three countries accounted for 33% (29 MMst) of the coal exported in 2018 through September coal exported in 2018 through September. Coal exports to other countries/regions have also increased recently. U.S. coal exports to North Africa, particularly Egypt and Morocco, have risen, and they accounted for 7% of total exports in 2018 through September. Comparatively, coal exports to Canada and Mexico accounted for 9% of total exports during the same period.
Coal Prices.
EIA estimates the delivered coal price to U.S. electricity generators averaged $2.07 per million British thermal units (MMBtu) in 2018, which was 1 cent/MMBtu higher than the 2017 price. EIA forecasts that coal prices will be close to the same in 2019 and in 2020.
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Sunday, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company&r ...
Thursday, 15 November 18
OIL MARKET REPORT: HEEDING THE WARNINGS - IEA
In last month’s Report, we noted that since the middle of the year oil supply had increased sharply, with gains in the Middle East, Russia an ...
Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
...
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing ...
Tuesday, 13 November 18
INDIA: POWER DEMAND UP; COAL STOCKS AT MINES AT A 5-YEAR LOW - FINANCIAL EXPRESS
Stocks at Coal India mines plunged to a five-year low of 21 million tonne (mt) in October, as a sudden surge in demand for the fuel from the power ...
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- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- The University of Queensland
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
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