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Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
 COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank said in its Commodity Markets Outlook.
According to Commodity Markets Outlook, prices have fallen by more than 60 percent since the beginning of 2011 because of chronic oversupply and falling imports into China—the world’s largest consumer of coal—and India. Europe and United States continue to shun coal amidst a global drive towards cleaner energy, collapsing gas prices, and increasing power efficiency. Global coal supplies continue to increase aided by falling costs and depreciating producer currencies.
World Bank further noted that, China’s coal imports fell by one-third in 2015 due to slowing industrial activity, growing contributions from other sources to generate power, and government policies to limit coal use. China is suspending the approval of new mines for the next three years, and in an effort to reduce pollution coal’s share of energy consumption is to be reduced to 62.6 percent this year from 64.4 percent in 2015. In addition, rising capacity of China’s high-voltage long-distance power transmission network could suppress coastal import demand.
World Bank forecasted that, coal prices to decline 13 percent in 2016 to $50/ton, on continued weak demand and oversupply. The coal industry faces difficult market conditions, as cheap natural gas and policies that favor clean energy challenge coal’s position in the power sector.
Import demand in China is expected to continue falling, and will only partly be offset by rising demand in India and other emerging markets. Coal also faces declining consumption in the OECD, particularly in the U.S. and Europe.
Ample coal supplies are likely, in part because of the ramp-up in new capacity from earlier investment. There is also significant spare capacity in countries such as Indonesia and Australia that could be brought on-line concluded World bank in its Commodity Markets Outlook.
Source: World Bank Group. 2016. Commodity Markets Outlook, January. World Bank, Washington, DC. License: Creative Commons Attribution CC BY 3.0 IGO
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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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- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Australian Coal Association
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
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