We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please
click here .
To get the WTI oil price , please enable Javascript.
To get the BRENT oil price , please enable Javascript.
Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred by cold weather, low inventories and production constraints, says World Bnak in its latest report.
According to the World Bank, the coal prices are expected to average $85/mt in 2018, down slightly from 2017, as inventories are replenished and consumption is curtailed. China, which accounts for more than half of global coal consumption, is expected to be a key driver of coal prices in the seaborne market, as it reforms its energy sector away from coal toward cleaner burning fuels.
Weak hydro power availability in China and natural gas shortages also boosted coal consumption for heat and power generation. In early February the Chinese government capped the coal import price at around $118/mt to encourage domestic production and curtail coal imports. Coal prices have since declined as the boost from winter demand has waned.
The World Bank further noted that, coal consumption faces long-term structural declines in several consuming regions for both economic and policy reasons. In the United States, low-priced natural gas has reduced coal usage in power generation, and led to a reduction in investment in coal supply. China is investing in cleaner energy sources, reforming its electricity sector to reduce inefficient production, and reducing the energy intensity of its economy—all at the expense of coal. Meanwhile, several European countries plan to end coal consumption over the next decade, and India is seeking to reach peak coal consumption over the same period.
Natural gas prices rose 11 percent in the first quarter (q/q), after a 21 percent increase in 2017, as strong winter consumption depleted storage levels in all main regions. European gas prices jumped 15 percent to average $7.2/mmbtu, while the delivered price to Japan averaged $9.0/mmbtu on strong import demand for liquefied natural gas (LNG). U.S. prices averaged $3.1 mmbtu, despite cold weather on lower inventories.
Natural gas prices are projected to rise 8 percent in 2018. In the United States, prices are expected to edge higher buoyed by strong inventory injections and rising exports, but stocks are expected to be amply supplied due to rising production and transport infrastructure. Most of the production growth is expected in shale gas production (mainly in the northeast Appalachian region) and associated gas from expanding shale oil production, mainly in Texas.
Prices in Europe and Japan are expected to increase by 15 and 9 percent, respectively, in part due to current higher oil prices which are indexed with a lag.
If you believe an article violates your rights or the rights of others, please contact us .
Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax
As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...
Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Capesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25 ...
Tuesday, 01 May 18
GLOBAL MINER PEABODY EYES SALES OPPORTUNITY IN INDIA’S RISING COAL IMPORTS - BUSINESS STANDARD
Indian imports of coal will continue to rise, reckons the world’s largest private sector coal miner Peabody Energy. Glenn Kellow, president a ...
Saturday, 28 April 18
STRONG ASIAN DEMAND CONTINUES TO HOLD UP THERMAL COAL MARKETS - REUTERS
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding ...
Friday, 27 April 18
PEABODY ENERGY'S REVENUES FOR THE FIRST QUARTER ROSE 10 PERCENT OVER THE PRIOR YEAR TO $1.46 BILLION
Peabody Energy's revenues for the first quarter rose 10 percent over the prior year to $1.46 billion driven by improved seaborne coal pricing a ...
Showing 1411 to 1415 news of total 6550
Asia Pacific Energy Resources Ventures Inc, Philippines
Sojitz Corporation - Japan
Interocean Group of Companies - India
Rashtriya Ispat Nigam Limited - India
Central Java Power - Indonesia
Marubeni Corporation - India
Indika Energy - Indonesia
Vedanta Resources Plc - India
Neyveli Lignite Corporation Ltd, - India
GMR Energy Limited - India
San Jose City I Power Corp, Philippines
Price Waterhouse Coopers - Russia
Wood Mackenzie - Singapore
Indogreen Group - Indonesia
Power Finance Corporation Ltd., India
Bahari Cakrawala Sebuku - Indonesia
Malabar Cements Ltd - India
Electricity Authority, New Zealand
Ministry of Finance - Indonesia
Jorong Barutama Greston.PT - Indonesia
New Zealand Coal & Carbon
Thiess Contractors Indonesia
Semirara Mining Corp, Philippines
Anglo American - United Kingdom
OPG Power Generation Pvt Ltd - India
TeaM Sual Corporation - Philippines
Bayan Resources Tbk. - Indonesia
Kaltim Prima Coal - Indonesia
PetroVietnam Power Coal Import and Supply Company
Borneo Indobara - Indonesia
SMG Consultants - Indonesia
Vizag Seaport Private Limited - India
Mintek Dendrill Indonesia
Offshore Bulk Terminal Pte Ltd, Singapore
Alfred C Toepfer International GmbH - Germany
Madhucon Powers Ltd - India
Sree Jayajothi Cements Limited - India
Larsen & Toubro Limited - India
Chettinad Cement Corporation Ltd - India
Mjunction Services Limited - India
Global Business Power Corporation, Philippines
Sical Logistics Limited - India
Karaikal Port Pvt Ltd - India
Petron Corporation, Philippines
Essar Steel Hazira Ltd - India
London Commodity Brokers - England
LBH Netherlands Bv - Netherlands
Grasim Industreis Ltd - India
Trasteel International SA, Italy
Dr Ramakrishna Prasad Power Pvt Ltd - India
Mercator Lines Limited - India
Gujarat Mineral Development Corp Ltd - India
Parry Sugars Refinery, India
PNOC Exploration Corporation - Philippines
Bukit Asam (Persero) Tbk - Indonesia
Directorate Of Revenue Intelligence - India
Asmin Koalindo Tuhup - Indonesia
Rio Tinto Coal - Australia
Heidelberg Cement - Germany
Samtan Co., Ltd - South Korea
Mercuria Energy - Indonesia
Aditya Birla Group - India
Medco Energi Mining Internasional
Indian Energy Exchange, India
Minerals Council of Australia
Renaissance Capital - South Africa
Electricity Generating Authority of Thailand
Thai Mozambique Logistica
Semirara Mining and Power Corporation, Philippines
Parliament of New Zealand
Kideco Jaya Agung - Indonesia
Orica Australia Pty. Ltd.
CNBM International Corporation - China
Bulk Trading Sa - Switzerland
Africa Commodities Group - South Africa
White Energy Company Limited
GAC Shipping (India) Pvt Ltd
PTC India Limited - India
Eastern Coal Council - USA
Eastern Energy - Thailand
Planning Commission, India
Economic Council, Georgia
Jaiprakash Power Ventures ltd
Binh Thuan Hamico - Vietnam
Bukit Baiduri Energy - Indonesia
Bharathi Cement Corporation - India
Riau Bara Harum - Indonesia
Indo Tambangraya Megah - Indonesia
Baramulti Group, Indonesia
Barasentosa Lestari - Indonesia
ASAPP Information Group - India
Uttam Galva Steels Limited - India
Gujarat Sidhee Cement - India
Bank of Tokyo Mitsubishi UFJ Ltd
Altura Mining Limited, Indonesia
Xindia Steels Limited - India
Holcim Trading Pte Ltd - Singapore
Cigading International Bulk Terminal - Indonesia
The State Trading Corporation of India Ltd
Kohat Cement Company Ltd. - Pakistan
AsiaOL BioFuels Corp., Philippines
Pendopo Energi Batubara - Indonesia
Miang Besar Coal Terminal - Indonesia
Carbofer General Trading SA - India
Gujarat Electricity Regulatory Commission - India
MS Steel International - UAE
Australian Commodity Traders Exchange
Salva Resources Pvt Ltd - India
Romanian Commodities Exchange
Sinarmas Energy and Mining - Indonesia
Lanco Infratech Ltd - India
Pipit Mutiara Jaya. PT, Indonesia
The University of Queensland
TNB Fuel Sdn Bhd - Malaysia
Simpson Spence & Young - Indonesia
Meralco Power Generation, Philippines
Coalindo Energy - Indonesia
Formosa Plastics Group - Taiwan
Posco Energy - South Korea
Ministry of Mines - Canada
Leighton Contractors Pty Ltd - Australia
IHS Mccloskey Coal Group - USA
Star Paper Mills Limited - India
Antam Resourcindo - Indonesia
Dong Bac Coal Mineral Investment Coporation - Vietnam
India Bulls Power Limited - India
Goldman Sachs - Singapore
Kalimantan Lumbung Energi - Indonesia
Intertek Mineral Services - Indonesia
Directorate General of MIneral and Coal - Indonesia
Central Electricity Authority - India
Savvy Resources Ltd - HongKong
Toyota Tsusho Corporation, Japan
PowerSource Philippines DevCo
Bhatia International Limited - India
Kartika Selabumi Mining - Indonesia
Vijayanagar Sugar Pvt Ltd - India
Merrill Lynch Commodities Europe
Chamber of Mines of South Africa
Ind-Barath Power Infra Limited - India
Straits Asia Resources Limited - Singapore
Wilmar Investment Holdings
Kobexindo Tractors - Indoneisa
Georgia Ports Authority, United States
South Luzon Thermal Energy Corporation
Kapuas Tunggal Persada - Indonesia
Latin American Coal - Colombia
Deloitte Consulting - India
Indian Oil Corporation Limited
Coal and Oil Company - UAE
Manunggal Multi Energi - Indonesia
Ambuja Cements Ltd - India
Oldendorff Carriers - Singapore
Standard Chartered Bank - UAE
Tata Chemicals Ltd - India
Banpu Public Company Limited - Thailand
Singapore Mercantile Exchange
The Treasury - Australian Government
Globalindo Alam Lestari - Indonesia
Truba Alam Manunggal Engineering.Tbk - Indonesia
Ministry of Transport, Egypt
Krishnapatnam Port Company Ltd. - India
Australian Coal Association
Edison Trading Spa - Italy
Kepco SPC Power Corporation, Philippines
Sakthi Sugars Limited - India
Petrochimia International Co. Ltd.- Taiwan
Tamil Nadu electricity Board
Kumho Petrochemical, South Korea
Makarim & Taira - Indonesia
Cement Manufacturers Association - India
Siam City Cement - Thailand
ICICI Bank Limited - India
Videocon Industries ltd - India
Independent Power Producers Association of India
Sindya Power Generating Company Private Ltd
Metalloyd Limited - United Kingdom
GN Power Mariveles Coal Plant, Philippines
Coastal Gujarat Power Limited - India
Meenaskhi Energy Private Limited - India
Therma Luzon, Inc, Philippines
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Karbindo Abesyapradhi - Indoneisa
Maharashtra Electricity Regulatory Commission - India
Attock Cement Pakistan Limited
Ceylon Electricity Board - Sri Lanka
Bukit Makmur.PT - Indonesia
Sarangani Energy Corporation, Philippines
CIMB Investment Bank - Malaysia
European Bulk Services B.V. - Netherlands
GVK Power & Infra Limited - India
Bhushan Steel Limited - India
SN Aboitiz Power Inc, Philippines
Dalmia Cement Bharat India
Global Green Power PLC Corporation, Philippines
Siam City Cement PLC, Thailand
VISA Power Limited - India
Commonwealth Bank - Australia
Global Coal Blending Company Limited - Australia
Bangladesh Power Developement Board
SMC Global Power, Philippines
Iligan Light & Power Inc, Philippines
Indonesian Coal Mining Association
Maheswari Brothers Coal Limited - India
Port Waratah Coal Services - Australia
Orica Mining Services - Indonesia
IEA Clean Coal Centre - UK
Timah Investasi Mineral - Indoneisa
Agrawal Coal Company - India
International Coal Ventures Pvt Ltd - India
Bhoruka Overseas - Indonesia
Energy Development Corp, Philippines
Energy Link Ltd, New Zealand
McConnell Dowell - Australia
Jindal Steel & Power Ltd - India
Billiton Holdings Pty Ltd - Australia
Aboitiz Power Corporation - Philippines