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Friday, 17 January 20
EIA ESTIMATES THAT U.S. COAL PRODUCTION DECLINED BY 65 MMST (9%) TO 690 MMST IN 2019. IN 2020, COAL PRODUCTION WILL DECLINE BY A FURTHER 14% TO 597 MMST
U.S. Coal Supply.
EIA estimates that U.S. coal production declined by 65 million short tons (MMst) (9%) to 690 MMst in 2019. In 2020, EIA expects total U.S. coal production will decline by a further 14% to 597 MMst because of anticipated declines in both exports and domestic consumption in the electric power sector. EIA expects the largest declines in coal production in 2020 will occur in the Western production region. The coal market has undergone significant restructuring in the past year.
EIA also expects coal production will fall by an additional 3% in 2021 to 581 MMst. The slowing declines in production for 2021 are based on EIA’s expectation of modest increases in demand for U.S. exports offset by continuing, albeit slowing, demand declines in the U.S. electric power sector.
U.S. Coal Consumption.
EIA estimates that coal consumption for all sectors totaled 596 MMst in 2019. EIA expects total coal consumption will fall by 65 MMst (11%) in 2020 and by 18 MMst (3%) in 2021. The declines in total consumption of coal closely track those in electric power consumption, which accounted for 91% of all coal consumption in 2019. The decrease in power sector coal consumption in 2020 reflects expected coal plant retirements and increasing shares of electricity generation from low priced natural gas and new renewables generating capacity. However, because EIA expects slight rises in natural gas prices in 2021, coal will become slightly more price competitive.
Coal Trade.
In 2019, coal exports decreased 20% from 2018 to 92 MMst said EIA in latest report. Less favorable market conditions, such as competitive steam coal cargoes from Eastern Europe and high freight costs, contributed to the decline, which was offset somewhat by residual contracts that will expire in 2020. EIA estimates that U.S. coal exports will decrease by 11% in 2020 to 83 MMst and then stabilize near that level in 2021.
Despite EIA’s forecast decline in total U.S. coal exports, shipments to top destinations such as India, Japan, and South Korea, are expected to remain stable. Exports to these three countries accounted for 34% (27 MMst) of the coal exported in 2019 through October. Europe received about 36% of U.S. exports during that period. Although U.S. exports to Europe are mostly metallurgical coal and used predominantly for steel production, U.S. steam coal is still used in Germany, Portugal, and the United Kingdom.
U.S. coal exports to North Africa, particularly Egypt and Morocco, rose 5% compared with the same period in 2018, accounting for 9% of total exports. Comparatively, coal exports to North and South America accounted for 8% and 9% of total coal, respectively.
Coal Prices.
EIA estimates the delivered coal price to U.S. electricity generators averaged $2.05 per million British thermal units (MMBtu) in 2019, which was down slightly from the 2018 price. EIA forecasts that coal prices will increase to $2.10/MMBtu in both 2020 and 2021.
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Thursday, 23 January 20
AFRICAN POWER PLATFORM PUBLISHES REPORTS ON POWER SECTOR FRAMEWORK FOR SELECTED AFRICAN COUNTRIES
Press Release: African Power Platform publishes Reports on Power Sector Framework for selected African Countries
With the repo ...
Thursday, 23 January 20
COAL-BASED ELECTRICITY GENERATION SURGES 95% IN 2019 - PROFIT PAKISTAN TODAY
Coal-based power generation jumped 94.5 percent to 2,030 Gigawatt hours (GWh) in the year to November 2019, taking its share in the country’s ...
Wednesday, 22 January 20
INDIA: COAL PRODUCTION FROM CAPTIVE MINES RAISES 24% OUTPUT IN APRIL TO DECEMBER - FINANCIAL EXPRESS
Coal production from captive mines in the first nine months of the ongoing financial year was up 24% year-on-year (y-o-y) at 40.93 million tonne (M ...
Wednesday, 22 January 20
SHIPPING MARKET INSIGHT - INTERMODAL
It seems that we are finally seeing whitish smoke as far as the trade feud between the US and China is concerned, while following this much anticip ...
Tuesday, 21 January 20
IRON ORE - 5 THINGS TO WATCH IN 2020 - WOOD MACKENZIE
Wood Mackenzie identifies five trends that will impact the iron ore industry.
Slower demand growth (especially in China) and a decen ...
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- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
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