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Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline.
Total production is down 9.9 million short tons (MMst) from the previous quarter and 22.7 MMst from the same period in 2012. The largest year-over-year decline was in the Western region, where production fell by 17.3 MMst (12 percent). Smaller declines were experienced in the Interior (2 percent) and Appalachian (6 percent) producing regions, EIA said in its latest report released on 9th April 2013.
U.S. Coal Consumption.
EIA projects total coal consumption will increase from 889 MMst in 2012 to 948 MMst in 2013 and 957 MMst in 2014. EIA expects consumption in the electric power sector to increase over the forecast period as a result of higher electricity demand and higher natural gas prices.
U.S. Coal Supply
According to EIA, US coal production is expected to increase by 0.5 percent in 2013 as primary and secondary inventory draws, combined with an increase in coal imports, meet most of the growth in consumption. Coal production is forecast to grow by 2.0 percent in 2014.
Coal exports totaled 126 MMst in 2012, surpassing the previous peak of 113 MMst exported in 1981. EIA expects the United States will export 107 MMst in 2013 and 109 MMst in 2014. Continuing economic weakness in Europe (the largest regional importer of U.S. coal), falling international coal prices, and increasing production in other coal-exporting countries are the primary reasons for the expected decline in U.S. coal exports.
U.S. Coal Prices
Delivered coal prices to the electric power industry increased steadily over an 11-year period through 2011, when the delivered coal price averaged $2.39 per MMBtu (a 5-percent increase from 2010).
The delivered coal price averaged $2.40 per MMBtu in 2012, and EIA forecasts average delivered coal prices of $2.41 per MMBtu in 2013 and $2.45 per MMBtu in 2014.
Source: EIA
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Friday, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...
Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...
Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...
Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year.
Speaking on t ...
Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended 0700 hours 15 April 2013, Newca ...
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- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- The University of Queensland
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Planning Commission, India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- PTC India Limited - India
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
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