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Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
 After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output and electricity use. Driven by strong coal power generation in China and India, coal demand is expected to grow again in 2018 said IEA.
In particular, global coal power generation increased by over 250 TWh, or around 3%, and accounted for about 40% of the additional power generation worldwide. Coal kept its share in the power mix at 38% after some years of decline.
Global coal demand is forecast to be stable through 2023
According to IEA, global coal demand in the next five years is set to be stable, with declines in United States and Europe offset by growth in India and other Asian countries – though China, the main player in the global coal market, will see a gradual decline in demand. In terms of the total energy mix, coal’s contribution will decline from 27% to 25%, mainly due to growth of renewables and natural gas.
The seaborne coal trade experienced a rebound in 2017
Commenting on seaborne coal trade, IEA said, Chinese coal imports grew by 15 Mt in 2017, and most other large importers, including Korea, Chinese Taipei, Malaysia, Turkey, Philippines, Brazil, Mexico, Vietnam, Pakistan and Morocco had record imports. Japan, Thailand and Chile were very close to their historical highs. With such sustained demand, prices remain high.
However higher prices aren’t triggering new investments. Risks associated with climate policy, potentially stranded assets, local opposition and the memories of the last downturn have cooled investor appetite to invest in new production.
It appears that banks, insurance companies, hedge funds, utilities and other operators in advanced economies are exiting the coal business.
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Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...
Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal e ...
Thursday, 17 January 19
U.S COAL OUTPUT IS EXPECTED TO FALL BY 3 PER CENT IN 2019 - EIA
EIA forecasts that U.S. coal production will total 729 million short tons (MMst) in 2019, down by 25 MMst (3%) from 2018.
Acco ...
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference ...
Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV coal for ...
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- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
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