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Wednesday, 27 January 16
WORLD HARD COAL PRODUCTION AND CONSUMPTION DECLINE IN 2015 FOR THE FIRST TIME IN OVER A DECADE - VDKI
 COALspot.com: Seaborne hard coal trade and the changes in this area were decisively affected by China and India - VDKi.
China bears the greatest responsibility for the decline; it reduced its coal imports by 73 million tonnes (over 30%) in support of its own coal mining industry. When the import duty of 6% on steam coal comes to an end in February 2016 because of the entry into force of the trade treaty with China, however, the export situation might brighten, at least for Australia, said German Coal Importers Association (VDKi) in its latest press release.
According to German Coal Importer Association (VDKi), the production of hard coal (coking coal and steam coal), reported as steady for more than a decade, has presumably not only come to a standstill, but is in fact declining for the first time.
The VDKi estimates that worldwide production decreased by about 150 million to 200 million tonnes to 7 billion tonnes and that the seaborne hard coal trade fell by 50 million tonnes to 1.12 billion tonnes.
- Output fell by 110 million tonnes in China and by 70 million tonnes in the USA.
- Australia and India were able to maintain respectively even increase significantly the level of production of steam coal.
- Indonesia was unable, for many different reasons, to continue the increase in the production of steam coal of previous years; instead, the output of hard coal and lignite was reduced by 11% to 408 million tonnes.
VDKi further noted that, a significant shifts are also becoming apparent within the exporting countries:
- Australia was able to maintain its exports of 386 million tonnes at a level comparable to the previous year while South Africa stayed at 76 million tonnes in exports. Russia raised its exports by 7 million tonnes (5%) to 150 million tonnes, and Colombia increased its exports by 2.5 million tonnes to 79 million tonnes. The devaluation of the Russian ruble and the Colombian peso played a supportive role here.
- On the other hand, preliminary figures of the VDKi showed that Indonesia reduced exports by 32 million tonnes to 325 million tonnes and the USA lowered its exports by 17 million tonnes (20%) to about 65 million tonnes.
With the exception of a short period of relief, VDKi says, the world market prices for hard coal continued their slide of the last five years.
Their high point of the last year was in February 2015, when prices for steam coal posted a little over US$63 per tonne CIF ARA, and the low point (for the moment) was in December (just under US$50). In the middle of December one year before, a tonne of steam coal cost US$72, about 30% more than today.
Prices for deliveries in February and March 2016 are already under US$50, the downward trend has continued in this year, concluded German Coal Importer Association
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Tuesday, 15 March 16
PORT OF NEWCASTLE SHIPPED 12.78 MMT OF COAL IN FEBRUARY 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped AU$1,110.5 mi ...
Tuesday, 15 March 16
ADARO ENERGY LOWERED ITS COAL CASH COST BY 16% TO US$ 27.98 PER TONE IN 2015
Difficult Coal Market Condition Persists in 2015, Adaro Lowers Costs, Reduces Capital Spending and Maintains Solid Liquidity.
PT Adaro E ...
Monday, 14 March 16
THE CS 50 INDEX ROSE $0.16 OR, 0.41% TO $38.82 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.41 percent week over week to averaging $38.82 per ton on this past Friday, ac ...
Monday, 14 March 16
THE BALTIC EXCHANGE CONTINUED TO ROSE THIS PAST WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rise this week helped by higher rates for pa ...
Saturday, 12 March 16
PLN, COAL COMPANIES IN TALKS ABOUT PRICES - THE JAKARTA POST
Following a study that predicted that Indonesia would struggle to provide coal for its power stations in the near future, the government will facil ...
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Showing 2521 to 2525 news of total 6871 |
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- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Australian Coal Association
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
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