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Tuesday, 30 July 13
HARD COAL ON THE WAY TO BECOMING THE WORLD'S MOST IMPORTANT ENERGY SOURCE - VDKI
 Press Release : Hard coal continued to be the world’s fastest-growing fossil primary energy source in 2012. It covered about 28% of the world's demand for primary energy, totalling 19.1 billion TCE. The Asian-Indian region above all utilised electricity from coal-fired power plants to promote its growth. Production rose by 208 million tonnes or 3% to about 7.2 billion tonnes in 2012. The lion’s share is attributable to China, which accounts for over 50% of production and 21% of global energy consumption. Five Pacific countries (China, India, Australia, Indonesia and Vietnam) account for approximately 70% of global hard coal production.
In its latest medium-term energy forecast for 2012-2017, the International Energy Agency (IEA) predicts that coal could replace oil as the most important source of energy in five years. The IEA furthermore estimates that the global increase in coal consumption will also continue to increase by an average of 2.6% p.a. over the next five years. India, not China, will be the country with the most significant increase in coal consumption, potentially making it the biggest coal importer. Hard coal will thus retain its dominant position. In OECD countries, the IEA forecasts a slight decrease in coal consumption by 0.8% p.a. until 2017, but an increase of 3.9% in non-OECD countries.
Primary energy consumption in the 27 EU countries fell from 2.46 billion TCE to 2.37 billion TCE (-3.7%) due to the stagnant economic situation. The proportion of coal increased from 16% to 19%, despite expansion of renewable energy sources, but at the expense of gas. In Europe, hard coal production fell by 1 million tonnes to 128 million tonnes, of which 78 million tonnes was attributable solely to Poland, 17 million tonnes to the UK and 12 million tonnes to Germany.
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Seaborne world trade in hard coal continues to increase. The world market for hard coal (seaborne trade and internal trade) in 2012 grew by 122 million tonnes or around 12% to 1,164 million tonnes. In 2012, seaborne trade in hard coal increased by 104 million tonnes to 1,082 million tonnes (+11%), and internal trade even increased by 28% or 18 million tonnes to 82 million tonnes. Total world trade in hard coal in 2012 reached 1,164 million tonnes, significantly passing the billion-tonne mark for the second time. Whilst the coking coal market only saw an increase of 17 million tonnes to 256 million tonnes due to the stagnant to shrinking steel market, the steam coal market grew by 12% or 87 million tonnes to a total of 826 million tonnes. The increase in internal trade is primarily attributable to exports from Mongolia to China and from Kazakhstan to Russia.
Additional slight growth in the demand for overseas coal, above all in Asia, isexpected for 2013. As the world economic outlook, particularly in OECD countries, isotherwise rather restrained, a fall in prices for steam coal, coking coal and coke hasbeen observed since the beginning of the year.
Coal imports into Germany in 2012 took advantage of German electricity exports to neighbouring countries - hard coal consumption rose by a total of 3.1%.
Power generation and the steel industry caused to different consumption of coal. Whilst the consumption of coking coal and coke fell by 10% from 17.1 million tonnes to 15.4 million tonnes, there was an increase in the use of steam coal by 6.1% to 40.1 million TCE and on the heating market by 0.1 million TCE to 1.5 million TCE.
Imports to Germany only slightly down in 2012. Imports of hard coal totalling 47.9 million tonnes were only slightly lower than in 2011 (48.3 million tonnes), of which steam coal accounted for 35.3 million tonnes (+1.1 million tonnes), coking coal for 9.6 million tonnes (-0.4 million tonnes) and coke 3 million tonnes (-1.2 million tonnes).
As there has been no change in the economic weakness affecting the steel industry, imports will not increase in 2013. We estimate that the demand for steam coal will remain at the 2012 level as a result of the favourable clean dark spread compared to gas and the further decline in German hard coal mining.
Hard coal imports totalling around 46 million tonnes are therefore anticipated for 2013.
The Association of Coal Importers (VDKi)
The VDKi represents the interests of the German market for imported hard coal. The German and European members are from the sectors of the power industry, industry, trade and logistics. The Association currently has 76 members who consume about 83% of German demand for hard coal amounting to approximately 57 million tonnes in their facilities. In 2012, imported coal covered 73% of coal sales in Germany. The VDKi represents the overwhelming share of the hard coal market (German and imported hard coal) in Germany, with a financial volume running into billions. Further information can be found at www.verein-kohlenimporteure.de .
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Friday, 07 June 13
MEDITERRANEAN COAL MARKETS
Press Release: 3rd International Conference Mediterranean Coal Markets will be held on 16-17th of September 2013, Istanbul, Turkey, Ceylan Intercont ...
Friday, 07 June 13
US'S COAL PRODUCTION INCREASED BY 0.54 PER CENT THE WEEK ENDED JUNE 1
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.60 million short tons (mmst) of ...
Thursday, 06 June 13
WE ARE SEEING SOME FRESH INDO COAL TO CHINA AND INDIA - FEARNRESEARCH
Handy
In the Atlantic, the Gulf remains firm for the next week with a few orders in the market. The Supramaxes are seeing around low 20k for fronth ...
Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER
COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Mi ...
Tuesday, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended 0700 hours 3 June 2013, Newcastle Port Corp. said ...
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- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
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