We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 09 January 15
U.S. EASTERN SPOT STEAM COAL PRICES FELL IN 2014; ROSE IN WEST - EIA
.jpg) U.S. Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports.
According to U.S. Energy Information Administration, the U.S. coal price declines were particularly pronounced in the second half of the year, as natural gas prices dropped below $4/MMBtu, making higher-priced eastern coals less price competitive as a fuel for generating electricity.
EIA further said in its report, prices of western coal and natural gas both increased year-on-year although rail delivery problems stranded some Powder River Basin (PRB) coal and drove down its price in the second half of the year.
According to EIA, coal prices east of the Mississippi River generally trended downward in 2014. Central Appalachian (CAPP) coal remained largely uneconomic compared with natural gas for generating electricity, and within the coal market, CAPP lost market share to other domestic and imported sources of supply. Additions of sulfur dioxide (SO2) scrubbers at more power plants in response to environmental regulations have enabled operators to switch to higher-sulfur, lower-cost Illinois Basin (ILB) coal. Closures of higher-cost mine operations in the CAPP basin, which accelerated in 2013, continued in 2014.
Elsewhere in the East, Northern Appalachian (NAPP) coal prices remained largely unchanged, and ILB coal prices declined slightly on a year-on-year basis driven mainly by price drops in the second half of the year. Lower international coal prices and exports as well as gas prices dropping to below $4/MMBtu drove the price movements.
In the West, the average price of PRB coal increased in 2014, although the potential for additional shipments and even higher prices was hindered by rail deliverability problems. Increased rail traffic for other commodities, coupled with rail service disruptions in the first part of the year, limited the volume of shipments originating from the PRB to rebuild power plant inventories depleted during the very cold 2013-14 winter.
EIA noted that, overall coal demand decreased, production increased slightly, and sub-bituminous coal inventories declined significantly.
According to EIA, U.S. coal demand declined 0.9%, about 7 million short tons (MMst), in 2014 mainly because of falling coal exports. Nearly all domestically produced coal is used in the power sector, and total coal consumption for electricity generation for the first 11 months of 2014 was 10.3 MMst, or 1%, more than the same period in 2013. However, these gains were outweighed by a sharp decline in coal exports, which for the first nine months of 2014, fell by nearly 16 MMst (17%) compared to the same period in 2013.
Continued weakening in the European economy, slower demand growth in Asia, increased output from other coal-exporting countries, and lower international coal prices all contributed to this decrease in exports, EIA noted.
U.S. coal production increased slightly, by 0.3% in 2014. When all the data are in, total coal production in 2014 is projected to be 0.2 MMst higher than in 2013, according to Mine Safety and Health Administration (MSHA) data through the first half of 2014 coupled with EIA estimates for the second half of 2014. Although relatively small compared to domestic supplies, coal imports in the first nine months of the year were 2.1 MMst (31%) higher than imports for the same period of 2013.
Stockpiles of coal held at generators in the electric power sector dropped by nearly 12 MMst (8%) from the end of 2013 to 136.2 MMst at the end of October 2014, with monthly levels near or below the previous five-year average. Sub-bituminous coal stocks (mostly from the PRB) fell more sharply than bituminous coal stocks, down 8.1 MMst (12%) versus 4.8 MMst (7%), respectively.
Source: EIA | Principal contributors: Elias Johnson, Ayaka Jones
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 22 November 14
THE FALL IN BUNKER PRICES REDUCE FUEL COSTS SIGNIFICANTLY - BIMCO, PETER SAND
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as USD 1 million a year if current price level st ...
Saturday, 22 November 14
DRY BULKERS NEWBUILDING DELIVERIES REACHED 11.8 MILLION DWT DURING THIRD QUARTER, NET FLEET GROWTH FOR 2014 TO REACH 5% - HELLENIC SHIPPING NEWS
The dry bulk market has rebounded since its less than impressive performance since the start of the year, but overall, third quarter figures could ...
Friday, 21 November 14
BUMI ENTERS INTO CONDITIONAL SALE & PURCHASE AGREEMENT TO SELL FBS STAKE
COALspot.com: PT Bumi Resources Tbk, one of the Indonesia's largest coal producers confirms that it has executed a Conditional Sale and Purchas ...
Friday, 21 November 14
U.S LAST WEEK'S COAL PRODUCTION STAYS FLAT W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Thursday, 20 November 14
MOST MAJOR ASIAN ECONOMIES TO BENEFIT FROM LOWER OIL - FITCH
COALspot.com: The 25% drop in the price of oil since July is likely to lift economic growth prospects, improve terms of trade, and have a pot ...
|
|
|
Showing 3356 to 3360 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Thai Mozambique Logistica
|
| |
| |
|
