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Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short tons (mmst) of coal in a week (For the week ended September 24, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 2.3% lower than last week's estimate and 11.8% lower than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 5.9 mmst (up 1.72% week over week) and west of the Mississippi River produced totalled an estimated 10.3 mmst (down 4.85% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on September 29, 2016.
U.S. year-to-date (as of September 24, 2016) coal production totalled an estimated 523.8 mmst, 22.3% lower than the comparable year-to-date coal production in 2015.
According to EIA, U.S. coal production in August was 71 million short tons (MMst), an 6 MMst (9%) increase from the previous month but 12 MMst (14%) lower than in August 2015. In 2016, coal production is expected to decrease by 164 MMst (18%), which would be the largest decline in terms of both tons and percentage since at least 1949.
U.S's domestic coal consumption in the electric power sector, which accounts for more than 90% of total U.S. coal consumption, is forecast to decline by 64 MMst (9%) in 2016, says
EIA in its recent report.
EIA, further noted that, the decline is a result of both competition with low-priced natural gas and relatively mild weather in the first half of 2016 that reduced overall electricity generation.
Coal Exports
According to EIA's Quarterly Coal Report, the first quarter 2016 U.S. coal exports (14.2 million short tons) decreased 7.5% from fourth quarter 2015 and decreased 35.6% from first quarter 2015. However, the EIA’s Short-term energy outlook noted that, U.S. Coal exports in June 2016 were 1 MMst (29%) higher than in the previous month, but exports for the first six months of 2016 were 32% (13 MMst) lower than the amount exported in the first half of 2015.
EIA forecasts that, the U.S. coal exports to decline by 19 MMst (25%) in 2016 to 55 MMst, the lowest level in 10 years. Exports are expected to decline by 4 MMst (8%) in 2017.
Coal Imports
EIA further says in its Quarterly Coal Report, continued to import coal primarily from Colombia (81.2%), Canada (8.9%), and Indonesia (7.4%). U.S. coal imports in first quarter 2016 totaled 2.7 million short tons. The average price of U.S. coal imports during the first quarter 2016 was $63.97 per short ton.
Source: EIA
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Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month no ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
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- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Parliament of New Zealand
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