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Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report.
Australia and Indonesia will supply the bulk of incremental thermal coal exports (approximately 60%). Australia is projected to significantly increase thermal coal exports by 5.0% per year (+55 Mtce) to 2019. Indonesian thermal coal export growth will slow over the outlook period, averaging 2.0% per year (+42 Mtce until 2019).
Meantime, IMF said that, the coal demand in China will continue to grow on average by 2.5% per year over the outlook period, however at a significantly slower rate than over the previous ten years (approximately 10% per year, on average), but, coal demand in OECD countries is projected to decrease on average by 0.6% per year from 1451 Mtce in 2013 to 1402 Mtce in 2019.
IMF further noted that, Global coal supply is forecast to increase by 752 Mtce (+2.1% per year), from 5709 Mtce in 2013 to 6462 Mtce in 2019. Incremental coal volumes in non-OECD countries amount to 686 Mtce (+2.5% per year) until 2019 – approximately 65% of which comes from China.
International seaborne hard coal trade, according to IMF, is forecast to grow on average by 3.1% per year (+212 Mtce), from 1039 Mtce in 2013 to 1251 Mtce by 2019.
Based upon this forecast, IMF further reported that, seaborne thermal coal trade will provide the biggest spark and grow by 164 Mtce (+3.2% on average per year) to 950 Mtce. Seaborne met coal trade is projected to grow by 48 Mtce (+3.0% per year), totalling 301 Mtce by 2019.
Australia will become the world’s largest coal exporter (measured by energy content) by 2019, said IMF in its recent report.
IMF also noted that, however, Chinese developments will define coal markets. The fight against pollution is now a driving force of energy policy, but the war on pollution has two sides for coal. On the one hand, diversification will decrease coal demand, but other measures could increase it, such as the coal conversion process to synthetic natural gas or liquid fuels and cleaning equipment in coal power plants.
China will be the coal giant for many years in the future. But after many years of unbelievable economic and coal demand growth, China has entered a more moderate path. Lower economic growth and also a lower energy intensive economy and higher diversification will curtail coal growth in China in the coming years. However economic growth in China needs more energy than nuclear, gas, oil and renewables can supply. Diversification efforts will lead to development of hydropower, wind, photovoltaic (PV) and nuclear capacity and gas use. Additional coal is still needed to meet energy demand, IMF concluded in its latest Medium-Term Coal Market Report.
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Wednesday, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...
Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...
Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...
Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...
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 se ...
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- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Planning Commission, India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
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