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Thursday, 19 March 20
U.S. COAL EXPORTS DECLINED IN 2019 - EIA
 In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Information Administration’s Annual Coal Report. The United States exports metallurgical coal and steam coal, and exports of both decreased in 2019. U.S. steam coal exports were affected by the downturn in global coal demand, dropping 30% in 2019 from 2018. Metallurgical coal had a more moderate decline of 12%.
Steam coal, also known as thermal coal, is used for electricity generation. Steam coal is ground into a fine powder that burns quickly at high heat. Power plants use this powder to heat water in boilers, which run steam turbines to generate electricity. Steam coal can also be used to provide space heating for homes and businesses. Although steam coal is mined across the United States, most steam coal originates in the Powder River Basin in Wyoming and Montana, which produced about 44% of all U.S. coal in 2019.
Metallurgical coal or coking coal can be used to produce coke, a primary fuel and reactant in the blast furnace process for steelmaking. Demand for metallurgical coal is correlated with the demand for steel. Most metallurgical coal produced in the United States comes from basins in Appalachia.
In 2019, India, Japan, the Netherlands, Brazil, and South Korea were the top five destinations for U.S. coal exports. Together, these countries accounted for 53% of coal exports.
About 75% of India’s electric power was generated by burning coal in 2019, 85% of which was covered by domestic production and the rest was imported. India continues to demand relatively large imports of steam coal. In 2019, India received 8.1 MMst of steam coal from the United States, making it the largest destination for U.S. shipments for the third consecutive year. Total coal exports to India in 2019 were 12.8 MMst.
Japan’s coal consumption is almost evenly split between steam and metallurgical coal. Japan’s imports of U.S. coal remained steady at 2018 levels despite the country’s overall steel production falling almost 5%.
The Netherlands was the third-largest destination for U.S. coal exports at 10 MMst, although not all of the coal shipped to the Netherlands remained there. The Netherlands serves as the primary transshipment hub for the rest of the European Union, and in 2019, most of the country’s imports of coal from the United States were shipped to Germany. Only 30% stayed in the Netherlands for domestic consumption. Germany imported about 40 MMst of coal in 2019, and 1.8 MMst came directly from the United States.
Brazil was the largest U.S. metallurgical coal destination in 2019, importing 6.6 MMst. South Korea was the third-largest importer of U.S. steam coal in 2019, importing 4.7 MMst, down from 6.4 MMst in 2018. South Korea’s imports of U.S. steam coal will likely fall further in 2020 as the country undergoes a series of organized short-term coal-fired plant shutdowns to improve air quality.
Although exports to some of the largest U.S. coal-importing countries declined, growth in smaller electricity markets increased in 2019. For example, U.S. steam coal exports to Egypt increased by 28% during 2019, mainly for cement production.
Source: EIA
Principal contributor: Bonnie West
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Thursday, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
Thursday, 19 March 20
BIMCO REVISES 2020 FORECAST FOR MAIN SHIPPING MARKETS
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the fu ...
Thursday, 19 March 20
SOUTH KOREA'S KOSPO INVITED BIDS FOR MIN 3,700 OR MIN 4,200 NCV LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO), has issued an international tender for total 160,000 MT (±10%) (80,000 x 2 Panamax) of ...
Wednesday, 18 March 20
DRY BULK: INDONESIAN COAL CARGOES PROVIDING A BIG BOOST IN THE EAST WHERE SENTIMENT FOR HANDIES ALSO STARTED IMPROVING - INTERMODAL
The BDI ended last week with small gains on the back of an encouraging number of cargoes out of key trading regions that helped sustain the reserve ...
Wednesday, 18 March 20
SHIPPING MARKET INSIGHT - INTERMODAL
Despite we all knew about the Covid-19 weeks ago, few could realize the size of the thread until the last few days. The examples of China and Italy ...
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- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
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