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, 13 February 19
MALAYSIA WAS THE REGION'S LARGEST COAL IMPORTER WITH 34 MT IN 2018, UP 25% Y-O-Y
Although coal market in 2018 started with strong prices, starting in the beginning of the second half of 2018, the international spot prices for co ...
Wednesday, 13 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
If there is one word that can describe the current shipping environment then that this word is most probably “volatility.” The sentimen ...
Saturday, 09 February 19
SUPRAMAX: A 63,000-TONNER WAS REPORTED FIXED DELIVERY FOR AN EAST KALIMANTAN TRIP, REDELIVERY WEST COAST INDIA, AT $9,250 - THE BALTIC BRIEFING
Cape
The Vale disaster weighed heavily on the market for big ships, with uncertainty about shipments/future exports leading to a sharp drop in ...
Thursday, 07 February 19
QATAR CAN GAIN FROM DECLINING COAL - THE PENINSULA
With North America and Europe closing down their old coal and nuclear plants, major gas exporters like Qatar can and should gain market share. With ...
Wednesday, 06 February 19
FEBRUARY 2019 INDONESIA'S COAL REFERENCE PRICE FELL 8.83 PERCENT YOY
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
|
|
|
Showing 1471 to 1475 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- VISA Power Limited - India
- Central Electricity Authority - India
- Parliament of New Zealand
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
|
| |
| |
|
