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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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Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its fi ...
Tuesday, 29 January 19
CHINA HAS BEEN THE TOP DRIVER OF GLOBAL GROWTH FOR NEARLY TWO DECADES - ALLIED
China has been the top driver of global growth for nearly two decades now, pushing demand for seaborne trade and being the key influencer for deman ...
Saturday, 26 January 19
SUPRAMAX: NICKEL ORE RUNS SAW A 56K DWT VESSEL, DELIVERY PHILIPPINES, FIXED FOR A TRIP TO CHINA AT $6K - BALTIC BRIEFING
Capesize
A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying thr ...
Thursday, 24 January 19
ANOTHER DISAPPOINTING WEEK FOR PANAMAX OWNERS; MARKET CONTINUES DOWN IN BOTH BASINS - FEARNLEYS
Capesize
The week has been marked by low activity and dropping rates in both basins. As usual, supply additions have increased at the beginning ...
Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
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- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- The University of Queensland
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
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