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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 exports. Appalachian region coal production, based largely on the strength of growth in coal exports, increased for the second year in a row, but Interior and Western region production declined by 5% and 3% in 2018, respectively. In both 2019 and in 2020, EIA expects total U.S. coal production to decline by 3% and 7%, respectively, because of anticipated declines in both exports and domestic consumption. The 2020 forecast production of 680 MMst would be the first time annual production totaled less than 700 MMst since 1978.
Coal Consumption
EIA estimates that coal consumption in the electric power sector for 2018 declined by 24 MMst (4%), despite a 4% increase in overall electricity generation. EIA expects power sector coal consumption to decline by 52 MMst (8%) in 2019 and by 44 MMst (7%) in 2020. The decrease in power sector consumption reflects increasing shares of electricity generation from both natural gas and renewable energy sources.
Coal Trade
The United States, with excess coal production and export terminal capacity, is a swing supplier of coal to the global market. When market conditions are favorable (high global coal prices, low shipping costs, disruptions in supply from other exporters, and/or increased demand from major consumers), U.S. coal exports often expand. However, exports often contract with a reversal of these market factors. EIA estimates that U.S. coal exports were 116 MMst in 2018, 20% higher than the amount exported in 2017, marking the fourth time on record that annual exports exceeded 110 MMst. EIA expects that some market conditions that favor U.S. coal exports will diminish and forecasts that coal exports will decline to 102 MMst in 2019 and to 94 MMst in 2020.
Despite EIA’s overall forecast decline in U.S. coal exports, exports to Asia, particularly to India, Japan, and South Korea, are expected to remain strong. Exports to these three countries accounted for 33% (29 MMst) of the coal exported in 2018 through September coal exported in 2018 through September. Coal exports to other countries/regions have also increased recently. U.S. coal exports to North Africa, particularly Egypt and Morocco, have risen, and they accounted for 7% of total exports in 2018 through September. Comparatively, coal exports to Canada and Mexico accounted for 9% of total exports during the same period.
Coal Prices.
EIA estimates the delivered coal price to U.S. electricity generators averaged $2.07 per million British thermal units (MMBtu) in 2018, which was 1 cent/MMBtu higher than the 2017 price. EIA forecasts that coal prices will be close to the same in 2019 and in 2020.
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Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...
Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal ...
Wednesday, 10 April 19
SHIPPING MARKET INSIGHT - INTERMODAL
The tragedy in Brazil’s Vale Brumadinho where a tailings dam collapsed in January ranks among the world’s worst mining disasters. It co ...
Monday, 08 April 19
5TH INDIA NUCLEAR NEW BUILD CONGRESS 2019
5th India Nuclear New Build Congress 2019
The congress in Mumbai aims to bring together representatives from governments, regulators ...
Monday, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from ...
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- Ambuja Cements Ltd - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Economic Council, Georgia
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
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