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Tuesday, 20 January 15
INDIA TO SURPASS THE UNITED STATES AND BECOME THE SECOND-LARGEST COAL CONSUMER IN THE WORLD BY 2019 - IMF
COALspot.com: In 2013, coal added more primary energy than any other fuel and was the fastest-growing fossil fuel, enhancing its position as the second-largest primary energy source and closing the gap with oil, IMF said in its latest Medium-Term Coal Market Report.
According to IMF, in 2014, coal oversupply persisted and very low coal prices continued to dominate, as they have since 2011. The domestic oversupply in China – accompanied by price reduction from the major producers to protect their market share – has strongly impacted international markets, which were likewise oversupplied by expansions by all major exporters. Imported European steam coal prices, one of the main reference prices worldwide, were in the $70-80/ton range during 2014, compared to over $120/ton in March 2011.
Commented on Australian met coal, IMF noted that, Australian met coal was in a very narrow band between $112/ton and $116/ton since April 2014, compared to March 2011 when it averaged over $320/ton. With persistent low prices, the strategy of producers is to reduce costs. In the medium term, despite low prices, expansions will happen. There are many projects in different phases of development ready to start or ramp up production, although most of them will not do so at current prices.
In Medium-Term Coal Market Report, IMF further noted that, global coal demand grows on average +2.1% per year over the outlook period, from 5690 million tons of coal- equivalent (Mtce) in 2013, to 6462 Mtce by 2019.
Coal demand in non-OECD countries (members of Organisation for Economic Co-operation and Development) will grow on average +3.0% per year from 4239 Mtce in 2013 to 5060 Mtce in 2019. Most incremental demand volumes are projected for China (+471 Mtce) and India (+177 Mtce), enabling India to surpass the United States and become the second-largest coal consumer in the world by 2019, IMF concluded.
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Wednesday, 28 January 15
CAPES CONTINUED THEIR UPWARD MOVEMENT LAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market displayed a mirror performance of that of the week prior, with the Capesize market correcting further upwards and ...
Tuesday, 27 January 15
Q1 FOB INDONESIA COAL SWAP CLOSED AT $ 47.87 FOR WEEK ENDING JAN. 23
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 gain week over week and declined month on month.
The Q1 swap has decline US$ 0.9 ...
Tuesday, 27 January 15
Q2 FOB NEWCASTLE COAL SWAP UP 4.5% W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery declined US$ 0.28 per MT (-0.54%) month over month and increased US$ 1.23 ( ...
Monday, 26 January 15
OVERSUPPLY, AMPLE STOCKPILES, AND LACKLUSTER UNDERLYING STEEL DEMAND KEPT COKING COAL PRICES LOW IN 2014
COALspot.com: Coking coal prices (FOB & CFR) fell 15% and 18% respectively during the year, amidst persistent oversupply, ample inventory and s ...
Monday, 26 January 15
FOB RICHARDS BAY Q2 COAL SWAP CLOSED LOWER THAN Q1 CLOSING
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 declined month over month and day on day.
The Q1 swap has fell ...
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- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Minerals Council of Australia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
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