We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 08 February 19
LOWER-QUALITY INDONESIA EXPORTS ROSE 39 MT IN 2018 YOY PRIMARILY IN RESPONSE TO INCREASED DEMAND FROM CHINA AND INDIA - PEABODY
 "Underlying seaborne met and thermal coal conditions remain quite positive and the pace of U.S. coal-fueled power plant retirements is expected to substantially ease in 2019, even as macro concerns of slowing global GDP growth, trade issues and easing commodity prices create cause for caution," said Peabody Executive Vice President and Chief Financial Officer Amy Schwetz, as reported in Peabody Reports Earnings For Quarter and Year Ended December 31, 2018.
Continued tightness in seaborne thermal supply-demand dynamics in 2018 contributed to ongoing strength in the 6,000-specification Newcastle thermal price. The fourth quarter average prompt Newcastle thermal price eased 10 percent from the third quarter 2018 to $105 per tonne. The spread between the 6,000 Newcastle specification product and the lower-quality 5,500 product tightened to an average of approximately $42 per tonne in the fourth quarter compared to an average of approximately $48 per tonne in the third quarter.
Quarter and Year Ended December 31, 2018 report of the Peabody further noted that, the ongoing importance of the Asia/Pacific region was again highlighted in 2018. Despite import restrictions enacted by the Chinese government, Chinese thermal coal imports rose approximately 16 million tonnes in 2018, as domestic supply was outpaced by increased domestic power consumption, which grew at the highest rate since 2011. India thermal coal imports increased 18 percent to 167 million tonnes as rising domestic coal production fell short of continued strong domestic demand. In addition, ASEAN nations expanded imports by 19 million tonnes in 2018 to support ongoing urbanization. Globally, coal-fueled power plants continue to be built, with approximately 56 gigawatts of new capacity added in 2018, with another some 60 gigawatts of additional capacity expected to come online in 2019.
On the supply-side, Peabody said, lower-quality Indonesia exports rose 39 million tonnes in 2018 over the prior year primarily in response to increased demand from China and India. Both Australian and U.S. thermal coal exports remained strong, up 4 percent and an estimated 34 percent, respectively, year-over-year.
Turning to metallurgical coal, premium hard coking coal spot pricing remained high in the fourth quarter, averaging $221 per tonne. The fourth quarter index settlement price for premium hard coking coal was $212 per tonne compared to $192 per tonne in the prior year. Pricing for the low-vol PCI product also continued its strength, with a fourth quarter benchmark settlement of $139 per tonne compared to $127.50 per tonne in the prior year. Looking ahead to the first quarter 2019, the low-vol PCI benchmark price was set at $141 per tonne.
Seaborne metallurgical coal supply/demand balance remains favorable. India continues to demand metallurgical coal to meet its steel making needs, with metallurgical coal imports rising 5 percent in 2018 over the prior year. However, Chinese metallurgical coal imports eased 5 million tonnes due to an increased reliance on domestic supplies and scrap steel usage. Increased steel production from ASEAN nations also continues to support seaborne metallurgical coal demand.
Even with continued strength in pricing, supply growth remains muted with metallurgical exports from Australia and the U.S. rising 7 million tonnes and an estimated 4 million tonnes, respectively in 2018.
Within the U.S., a mix of higher seasonal demand, increased fourth quarter natural gas prices and ongoing strength in exports resulted in continued stockpile reductions despite substantial plant retirements in 2018.
Total U.S. electricity generation rose 4 percent in 2018, while coal demand fell 4 percent. However, a 16 million ton decline in total U.S. coal production and an estimated 18 million ton increase in U.S. thermal exports led to utility coal stockpiles falling 37 million tons since 2017, reaching the lowest levels since 2005. As a result of continued strength in seaborne thermal coal pricing, the Illinois Basin is forecasted to be the largest thermal exporting region in the United States.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 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 ...
Wednesday, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...
Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.
First there was a court ruling blocking a new mine on climate change ground ...
Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...
|
|
|
Showing 1456 to 1460 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
|
| |
| |
|
