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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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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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- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- GMR Energy Limited - India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
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