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Wednesday, 09 March 16
U.S. COAL EXPORTS DECLINED 24% (74 MMST) IN 2015; COAL PRODUCTION IS EXPECTED TO DECREASE BY 111 MMST IN 2016 - EIA
U.S. Coal Supply
EIA estimates that U.S. coal production for February 2016 was 54 million short tons (MMst), a 4 MMst (7%) decrease from the previous month and 18 MMst less than in February 2015.
According to EIA, Forecast coal production is expected to decrease by 111 MMst (12%) in 2016, which would be the largest annual percentage decline since 1958. In 2016, forecast Appalachian and Western region production declines by 9% and 17%, respectively, and Interior region production falls by 4%. Total coal production is expected to stabilize in 2017, increasing by 16 MMst (2%).
Interior region production, which accounted for 13% of coal production 10 years ago, is projected to account for 21% of production in 2016 and 2017. This increase in share reflects the region's growing competitive advantages compared with other U.S. coal-producing regions despite its higher sulfur content. These advantages include Interior coal's higher heat content, closer proximity to major markets than Western region coal, the prevalence of sulfur dioxide scrubbers at coal-fired electric generating units to comply with the Environmental Protection Agency's (EPA) Mercury and Air Toxics Standards (MATS), and lower mining costs than Appalachia-produced coal, EIA said in its latest short-term energy outlook.
Electric power sector coal stockpiles were 197 MMst in December, a 4% increase from November. This atypical increase in winter coal stockpiles can be attributed to the December decrease in daily coal consumption because of record warm temperatures and lower coal use for electricity generation. December coal inventories averaged 158 MMst during the previous 10 years (2005-14).
Coal Consumption
EIA estimates that U.S. coal consumption decreased by 13% in 2015, mainly as a result of a 13% drop in electric power sector consumption. Coal consumption in the electric power sector is forecast to decline by 29 MMst (4%) in 2016 as a result of mild winter weather and continuing competition with natural gas generation. Electric power sector coal consumption is forecast to increase by 10 MMst (1%) in 2017 primarily because of rising natural gas prices. Retirements of coal-fired power plants, because of increased competition with natural gas generation and the industry response to the implementation of MATS, reduce coal-fired generation capacity in the forecast period.
Coal Trade
According to EIA, slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports . Lower mining costs, cheaper transportation costs, and favorable exchange rates are expected to continue to provide an advantage to mines in other major coal-exporting countries compared with U.S. producers over the next few years.
EIA estimates U.S. coal exports decreased 23 MMst (24%) in 2015, falling to 74 MMst. The current global coal market trends are expected to continue, and coal exports are forecast to decline by an additional 10 MMst (13%) in 2016 and by 3 MMst (5%) in 2017.
U.S. coal imports were estimated at 11 MMst in 2015. Atlantic and Gulf Coast power generators are forecast to generally maintain their current levels of coal imports, primarily from Latin America. Imports are projected to total about 10 MMst in 2016 and 11 MMst in 2017.
Coal Prices
EIA estimates the delivered coal price averaged $2.23/MMBtu in 2015. Forecast prices are $2.18/MMBtu in 2016 and $2.20/MMBtu in 2017.
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Thursday, 14 July 16
SHIPPING'S HALF YEAR REPORT - 'MUST DO BETTER' - CLARKSONS
It’s the time of year, with the school holidays and end of term approaching, that many pupils will nervously take home their school reports t ...
Wednesday, 13 July 16
EIA FORECASTS U.S. COAL EXPORTS TO DECLINE BY 15 MMST IN 2016 AND BY 4 MMST IN 2017
COALspot.com: U.S. coal production in June was 57 million short tons (MMst), a 6 MMst (13%) increase from May and 9 MMst (14%) lower than in June 2 ...
Wednesday, 13 July 16
2015 VS. 2016; THE DRY BULK DEMOLITION DERBY - JOHN N. COTZIAS
In the first half of the year 373 Bulkers and General Cargo ships were scrapped representing 23.8mil tons of dwt carrying capacity.
Comparing ...
Tuesday, 12 July 16
DUE TO LONG HOLIDAYS, CS COAL INDICES HELD AT THE SAME LEVEL OF THE PREVIOUS WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin was flat week over week to averaging $39.98 per ton this past week.
Due to the ...
Monday, 11 July 16
COAL MARKETS SAW IMPROVED PRICES IN H1 2016 - SGX'S COMMODITIES MID-YEAR REFLECTION
COALspot.com: Coal
Coal markets saw improved prices in H1 2016 with the benchmark coking coal and thermal coal spot prices rising 18% and 25%, re ...
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- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
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