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Tuesday, 29 November 16
US WEEKLY COAL OUTPUT TOTALS 17.2 MMST, UP 2.8% : EIA
.jpg) COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17.2 million short tons (mmst) of coal in a week (For the week ended November 19, 2016), EIA said in its latest report.
According to EIA’s latest report, this production estimate is 2.8% higher than last week's estimate and 6.6% higher than the production estimate in the comparable week in 2015.
East of the Mississippi River produced totalled an estimated 6.5 mmst (up 4.83% week over week) and west of the Mississippi River produced totalled an estimated 10.6 mmst (up 0.94% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on November 28, 2016.
U.S. year-to-date (as of November 19, 2016) coal production totaled an estimated 657.5 mmst, 18.8% 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 Coal exports in July 2016 totaled 3.3 million short tons (MMst), which was 40% lower than in June and the lowest amount of coal exported in any month since February 2007.
Exports for the first seven months of 2016 were 32% lower than in the same period in 2015. EIA forecasts U.S. coal exports will decline by 26% in 2016 to 55 MMst, the lowest level since 2006. Exports are expected to decline by an additional 5% 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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Wednesday, 14 December 16
INTERNATIONAL TRIBUNAL DISMISSED CHURCHILL MINING'S DAMAGES CLAIM AGAINST REPUBLIC OF INDONESIA
The Directors of Churchill Mining plc advise that, the ICSID Tribunal (“Tribunal”) granted Indonesia’s application to dismiss the ...
Wednesday, 14 December 16
20/20 VISION! - JOHN N. COTZIAS
2020; A year that could be changing shipping. In early November, the International Maritime Organization (IMO) announced that it would set a 0.5% s ...
Tuesday, 13 December 16
THE FREIGHT MARKET MAY WELL BE SHOWING SIGNS OF HEADING FOR ITS DOWNWARD CORRECTIVE PHASE - ALLIED
2016 has been a tough market for dry bulkers and through these difficult earnings, we have seen some of the lowest prices being noted historically ...
Tuesday, 13 December 16
COAL DEMAND GROWTH TO STALL AS APPETITE WANES, ACCORDING TO IEA
Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according ...
Monday, 12 December 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.3 MMST, UP 7.4% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3 million short ton ...
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- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Australian Coal Association
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- PTC India Limited - India
- Planning Commission, India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
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