COALspot.com keeps you connected across the coal world
  • JULY 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 71.92 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Friday, 08 February 19
LOWER-QUALITY INDONESIA EXPORTS ROSE 39 MT IN 2018 YOY PRIMARILY IN RESPONSE TO INCREASED DEMAND FROM CHINA AND INDIA - PEABODY
Peabody"Underlying seaborne met and thermal coal conditions remain quite positive and the pace of U.S. coal-fueled power plant retirements is expected to substantially ease in 2019, even as macro concerns of slowing global GDP growth, trade issues and easing commodity prices create cause for caution," said Peabody Executive Vice President and Chief Financial Officer Amy Schwetz, as reported in Peabody Reports Earnings For Quarter and Year Ended December 31, 2018.
 
Continued tightness in seaborne thermal supply-demand dynamics in 2018 contributed to ongoing strength in the 6,000-specification Newcastle thermal price.  The fourth quarter average prompt Newcastle thermal price eased 10 percent from the third quarter 2018 to $105 per tonne.  The spread between the 6,000 Newcastle specification product and the lower-quality 5,500 product tightened to an average of approximately $42 per tonne in the fourth quarter compared to an average of approximately $48 per tonne in the third quarter. 
 
Quarter and Year Ended December 31, 2018 report of the Peabody further noted that, the ongoing importance of the Asia/Pacific region was again highlighted in 2018.  Despite import restrictions enacted by the Chinese government, Chinese thermal coal imports rose approximately 16 million tonnes in 2018, as domestic supply was outpaced by increased domestic power consumption, which grew at the highest rate since 2011.  India thermal coal imports increased 18 percent to 167 million tonnes as rising domestic coal production fell short of continued strong domestic demand.  In addition, ASEAN nations expanded imports by 19 million tonnes in 2018 to support ongoing urbanization.  Globally, coal-fueled power plants continue to be built, with approximately 56 gigawatts of new capacity added in 2018, with another some 60 gigawatts of additional capacity expected to come online in 2019.
 
On the supply-side, Peabody said, lower-quality Indonesia exports rose 39 million tonnes in 2018 over the prior year primarily in response to increased demand from China and India.  Both Australian and U.S. thermal coal exports remained strong, up 4 percent and an estimated 34 percent, respectively, year-over-year.  
 
Turning to metallurgical coal, premium hard coking coal spot pricing remained high in the fourth quarter, averaging $221 per tonne.  The fourth quarter index settlement price for premium hard coking coal was $212 per tonne compared to $192 per tonne in the prior year.  Pricing for the low-vol PCI product also continued its strength, with a fourth quarter benchmark settlement of $139 per tonne compared to $127.50 per tonne in the prior year.  Looking ahead to the first quarter 2019, the low-vol PCI benchmark price was set at $141 per tonne.  
 
Seaborne metallurgical coal supply/demand balance remains favorable.  India continues to demand metallurgical coal to meet its steel making needs, with metallurgical coal imports rising 5 percent in 2018 over the prior year.  However, Chinese metallurgical coal imports eased 5 million tonnes due to an increased reliance on domestic supplies and scrap steel usage.  Increased steel production from ASEAN nations also continues to support seaborne metallurgical coal demand. 
 
Even with continued strength in pricing, supply growth remains muted with metallurgical exports from Australia and the U.S. rising 7 million tonnes and an estimated 4 million tonnes, respectively in 2018.      
 
Within the U.S., a mix of higher seasonal demand, increased fourth quarter natural gas prices and ongoing strength in exports resulted in continued stockpile reductions despite substantial plant retirements in 2018. 
 
Total U.S. electricity generation rose 4 percent in 2018, while coal demand fell 4 percent.  However, a 16 million ton decline in total U.S. coal production and an estimated 18 million ton increase in U.S. thermal exports led to utility coal stockpiles falling 37 million tons since 2017, reaching the lowest levels since 2005.  As a result of continued strength in seaborne thermal coal pricing, the Illinois Basin is forecasted to be the largest thermal exporting region in the United States.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platfor ...


Wednesday, 12 June 19
KOSPO INVITES BIDS FOR 140,000 MT OF 4,600 NCV COAL FOR SEP. 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 140,000 MT of minimum 4,600 kcal/kg NCV coal ...


Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...


Wednesday, 12 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...


Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...


   3 4 5 6 7   
Showing 21 to 25 news of total 5507
News by Category
Popular News
 
Total Members : 26,333
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Heidelberg Cement - Germany
  • Lafarge - France
  • Tata Chemicals Ltd - India
  • Chamber of Mines of South Africa
  • BNP Paribas - Singapore
  • LBH Netherlands Bv - Netherlands
  • CoalTek, United States
  • Reliance Power - India
  • SUEK AG - Indonesia
  • Marubeni Corporation - India
  • Essar Steel Hazira Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Edison Trading Spa - Italy
  • Anglo American - United Kingdom
  • Sree Jayajothi Cements Limited - India
  • APGENCO India
  • Mitsui
  • Kalimantan Lumbung Energi - Indonesia
  • Trasteel International SA, Italy
  • Lanco Infratech Ltd - India
  • Xstrata Coal
  • VISA Power Limited - India
  • Deloitte Consulting - India
  • Energy Link Ltd, New Zealand
  • PetroVietnam
  • Indian Oil Corporation Limited
  • Orica Australia Pty. Ltd.
  • Indika Energy - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • HSBC - Hong Kong
  • McConnell Dowell - Australia
  • CIMB Investment Bank - Malaysia
  • Jatenergy - Australia
  • Barclays Capital - USA
  • Alfred C Toepfer International GmbH - Germany
  • Bhatia International Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Petrosea - Indonesia
  • Sojitz Corporation - Japan
  • Billiton Holdings Pty Ltd - Australia
  • Ind-Barath Power Infra Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Eastern Energy - Thailand
  • KPCL - India
  • Ince & co LLP
  • Planning Commission, India
  • Grasim Industreis Ltd - India
  • Surastha Cement
  • Siam City Cement - Thailand
  • ICICI Bank Limited - India
  • Gresik Semen - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • GHCL Limited - India
  • Thermax Limited - India
  • Maybank - Singapore
  • Karaikal Port Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Borneo Indobara - Indonesia
  • Ministry of Mines - Canada
  • Indian School of Mines
  • Qatrana Cement - Jordan
  • Altura Mining Limited, Indonesia
  • Mechel - Russia
  • Eastern Coal Council - USA
  • Clarksons - UK
  • ETA - Dubai
  • Gujarat Sidhee Cement - India
  • Enel Italy
  • Neyveli Lignite Corporation Ltd, - India
  • Permata Bank - Indonesia
  • RBS Sempra - UK
  • Madhucon Powers Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Bangladesh Power Developement Board
  • Geoservices-GeoAssay Lab
  • TNB Fuel Sdn Bhd - Malaysia
  • GB Group - China
  • Straits Asia Resources Limited - Singapore
  • Price Waterhouse Coopers - Russia
  • Kohat Cement Company Ltd. - Pakistan
  • Larsen & Toubro Limited - India
  • Maruti Cements - India
  • Bangkok Bank PCL
  • Thailand Anthracite
  • World Coal - UK
  • Coeclerici Indonesia
  • Platts
  • Kartika Selabumi Mining - Indonesia
  • Jindal Steel & Power Ltd - India
  • Credit Suisse - India
  • IMC Shipping - Singapore
  • Deutsche Bank - India
  • Economic Council, Georgia
  • Coal India Limited
  • J M Baxi & Co - India
  • UBS Singapore
  • Wood Mackenzie - Singapore
  • ASAPP Information Group - India
  • OPG Power Generation Pvt Ltd - India
  • Tanito Harum - Indonesia
  • TNPL - India
  • Xindia Steels Limited - India
  • TANGEDCO India
  • Uttam Galva Steels Limited - India
  • Bukit Makmur.PT - Indonesia
  • Fearnleys - India
  • Merrill Lynch Commodities Europe
  • Rio Tinto Coal - Australia
  • Arutmin Indonesia
  • PLN Batubara - Indonesia
  • Medco Energi Mining Internasional
  • Banpu Public Company Limited - Thailand
  • Mitra SK Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Singapore Mercantile Exchange
  • DBS Bank - Singapore
  • Mercuria Energy - Indonesia
  • New Zealand Coal & Carbon
  • Bank of America
  • Coaltrans Conferences
  • Core Mineral Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Adani Power Ltd - India
  • Riau Bara Harum - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Kobe Steel Ltd - Japan
  • IHS Mccloskey Coal Group - USA
  • Global Coal Blending Company Limited - Australia
  • Australian Commodity Traders Exchange
  • KOWEPO - South Korea
  • ANZ Bank - Australia
  • Tata Power - India
  • Bharathi Cement Corporation - India
  • Carbofer General Trading SA - India
  • Ceylon Electricity Board - Sri Lanka
  • Maharashtra Electricity Regulatory Commission - India
  • IBC Asia (S) Pte Ltd
  • Indo Tambangraya Megah - Indonesia
  • Bhoruka Overseas - Indonesia
  • Maersk Broker
  • Leighton Contractors Pty Ltd - Australia
  • Indorama - Singapore
  • Samtan Co., Ltd - South Korea
  • Rashtriya Ispat Nigam Limited - India
  • Japan Coal Energy Center
  • Infraline Energy - India
  • Chettinad Cement Corporation Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Oldendorff Carriers - Singapore
  • Parry Sugars Refinery, India
  • Mercator Lines Limited - India
  • Thomson Reuters GRC
  • GVK Power & Infra Limited - India
  • JPMorgan - India
  • Samsung - South Korea
  • Peabody Energy - USA
  • GNFC Limited - India
  • Rudhra Energy - India
  • Indonesia Power. PT
  • Renaissance Capital - South Africa
  • Indogreen Group - Indonesia
  • Runge Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • NTPC Limited - India
  • Inspectorate - India
  • Inco-Indonesia
  • Noble Europe Ltd - UK
  • The University of Queensland
  • India Bulls Power Limited - India
  • Savvy Resources Ltd - HongKong
  • PLN - Indonesia
  • Goldman Sachs - Singapore
  • JPower - Japan
  • Miang Besar Coal Terminal - Indonesia
  • Posco Energy - South Korea
  • Port Waratah Coal Services - Australia
  • Petrochimia International Co. Ltd.- Taiwan
  • KPMG - USA
  • PTC India Limited - India
  • Moodys - Singapore
  • Britmindo - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Indonesian Coal Mining Association
  • PowerSource Philippines DevCo
  • Karbindo Abesyapradhi - Indoneisa
  • Idemitsu - Japan
  • Barasentosa Lestari - Indonesia
  • Aboitiz Power Corporation - Philippines
  • World Bank
  • SASOL - South Africa
  • Electricity Generating Authority of Thailand
  • SMG Consultants - Indonesia
  • KEPCO - South Korea
  • White Energy Company Limited
  • Cemex - Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Berau Coal - Indonesia
  • Bank of China, Malaysia
  • Australian Coal Association
  • Kobexindo Tractors - Indoneisa
  • Simpson Spence & Young - Indonesia
  • Gupta Coal India Ltd
  • Glencore India Pvt. Ltd
  • Merrill Lynch Bank
  • Arch Coal - USA
  • Commonwealth Bank - Australia
  • Mitsubishi Corporation
  • Agrawal Coal Company - India
  • Thai Mozambique Logistica
  • Shree Cement - India
  • Pendopo Energi Batubara - Indonesia
  • Metalloyd Limited - United Kingdom
  • Bhushan Steel Limited - India
  • UOB Asia (HK) Ltd
  • EIA - United States
  • Argus Media - Singapore
  • Asia Cement - Taiwan
  • European Bulk Services B.V. - Netherlands
  • Bukit Asam (Persero) Tbk - Indonesia
  • U S Energy Resources
  • Cosco
  • Freeport Indonesia
  • Kideco Jaya Agung - Indonesia
  • SRK Consulting
  • Russian Coal LLC
  • SGS (Thailand) Limited
  • Romanian Commodities Exchange
  • Vale Mozambique
  • Vizag Seaport Private Limited - India
  • Central Electricity Authority - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Asian Development Bank
  • CNBM International Corporation - China
  • Central Java Power - Indonesia
  • ACC Limited - India
  • CESC Limited - India
  • The India Cements Ltd
  • Attock Cement Pakistan Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bulk Trading Sa - Switzerland
  • MEC Coal - Indonesia
  • Aditya Birla Group - India
  • MS Steel International - UAE
  • Bukit Baiduri Energy - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Star Paper Mills Limited - India
  • Cargill India Pvt Ltd
  • Minerals Council of Australia
  • Parliament of New Zealand
  • The State Trading Corporation of India Ltd
  • Vedanta Resources Plc - India
  • EMO - The Netherlands
  • Total Coal South Africa
  • Meenaskhi Energy Private Limited - India
  • Ministry of Finance - Indonesia
  • Africa Commodities Group - South Africa
  • Thriveni
  • NALCO India
  • Georgia Ports Authority, United States
  • Cardiff University - UK
  • Mjunction Services Limited - India
  • Coalindo Energy - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Cement Manufacturers Association - India
  • Kumho Petrochemical, South Korea
  • McKinsey & Co - India
  • Sakthi Sugars Limited - India
  • Shenhua Group - China
  • Jaiprakash Power Ventures ltd
  • Sical Logistics Limited - India
  • Mintek Dendrill Indonesia
  • Standard Chartered Bank - UAE
  • International Coal Ventures Pvt Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Formosa Plastics Group - Taiwan
  • Ernst & Young Pvt. Ltd.
  • Wilmar Investment Holdings
  • Independent Power Producers Association of India
  • BRS Brokers - Singapore
  • Thiess Contractors Indonesia
  • South Luzon Thermal Energy Corporation
  • GAC Shipping (India) Pvt Ltd
  • Jorong Barutama Greston.PT - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Coal Orbis AG
  • Ambuja Cements Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • The Treasury - Australian Government
  • Videocon Industries ltd - India
  • Power Finance Corporation Ltd., India
  • Sindya Power Generating Company Private Ltd
  • Coal and Oil Company - UAE
  • Coastal Gujarat Power Limited - India
  • Dalmia Cement Bharat India
  • Sinarmas Energy and Mining - Indonesia
  • Orica Mining Services - Indonesia
  • Intertek Mineral Services - Indonesia
  • ING Bank NV - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Platou - Singapore
  • Pinang Coal Indonesia
  • London Commodity Brokers - England
  • Panama Canal Authority
  • Makarim & Taira - Indonesia
  • Interocean Group of Companies - India
  • Toyota Tsusho Corporation, Japan
  • Humpuss - Indonesia
  • bp singapore
  • WorleyParsons
  • Sucofindo - Indonesia
  • Ministry of Transport, Egypt
  • Malabar Cements Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • IEA Clean Coal Centre - UK
  • Adaro Indonesia
  • CCIC - Indonesia
  • GMR Energy Limited - India
  • Vitol - Bahrain
  • TeaM Sual Corporation - Philippines
  • globalCOAL - UK
  • Malco - India
  • Salva Resources Pvt Ltd - India
  • Tamil Nadu electricity Board
  • Latin American Coal - Colombia
  • IOL Indonesia
  • OCBC - Singapore
  • Siam City Cement PLC, Thailand
  • Directorate Of Revenue Intelligence - India
  • Antam Resourcindo - Indonesia