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Thursday, 19 March 20
U.S. COAL EXPORTS DECLINED IN 2019 - EIA
 In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Information Administration’s Annual Coal Report. The United States exports metallurgical coal and steam coal, and exports of both decreased in 2019. U.S. steam coal exports were affected by the downturn in global coal demand, dropping 30% in 2019 from 2018. Metallurgical coal had a more moderate decline of 12%.
Steam coal, also known as thermal coal, is used for electricity generation. Steam coal is ground into a fine powder that burns quickly at high heat. Power plants use this powder to heat water in boilers, which run steam turbines to generate electricity. Steam coal can also be used to provide space heating for homes and businesses. Although steam coal is mined across the United States, most steam coal originates in the Powder River Basin in Wyoming and Montana, which produced about 44% of all U.S. coal in 2019.
Metallurgical coal or coking coal can be used to produce coke, a primary fuel and reactant in the blast furnace process for steelmaking. Demand for metallurgical coal is correlated with the demand for steel. Most metallurgical coal produced in the United States comes from basins in Appalachia.
In 2019, India, Japan, the Netherlands, Brazil, and South Korea were the top five destinations for U.S. coal exports. Together, these countries accounted for 53% of coal exports.
About 75% of India’s electric power was generated by burning coal in 2019, 85% of which was covered by domestic production and the rest was imported. India continues to demand relatively large imports of steam coal. In 2019, India received 8.1 MMst of steam coal from the United States, making it the largest destination for U.S. shipments for the third consecutive year. Total coal exports to India in 2019 were 12.8 MMst.
Japan’s coal consumption is almost evenly split between steam and metallurgical coal. Japan’s imports of U.S. coal remained steady at 2018 levels despite the country’s overall steel production falling almost 5%.
The Netherlands was the third-largest destination for U.S. coal exports at 10 MMst, although not all of the coal shipped to the Netherlands remained there. The Netherlands serves as the primary transshipment hub for the rest of the European Union, and in 2019, most of the country’s imports of coal from the United States were shipped to Germany. Only 30% stayed in the Netherlands for domestic consumption. Germany imported about 40 MMst of coal in 2019, and 1.8 MMst came directly from the United States.
Brazil was the largest U.S. metallurgical coal destination in 2019, importing 6.6 MMst. South Korea was the third-largest importer of U.S. steam coal in 2019, importing 4.7 MMst, down from 6.4 MMst in 2018. South Korea’s imports of U.S. steam coal will likely fall further in 2020 as the country undergoes a series of organized short-term coal-fired plant shutdowns to improve air quality.
Although exports to some of the largest U.S. coal-importing countries declined, growth in smaller electricity markets increased in 2019. For example, U.S. steam coal exports to Egypt increased by 28% during 2019, mainly for cement production.
Source: EIA
Principal contributor: Bonnie West
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Thursday, 19 March 20
A CRUDE TSUNAMI: UP TO 3 MILLION BPD OF EXTRA OIL CAN HIT THE MARKET FROM APRIL, MORE COMING IN MAY - RYSTAD ENERGY
The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates. Two million bpd ...
Thursday, 19 March 20
BIMCO REVISES 2020 FORECAST FOR MAIN SHIPPING MARKETS
The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the fu ...
Thursday, 19 March 20
SOUTH KOREA'S KOSPO INVITED BIDS FOR MIN 3,700 OR MIN 4,200 NCV LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO), has issued an international tender for total 160,000 MT (±10%) (80,000 x 2 Panamax) of ...
Wednesday, 18 March 20
DRY BULK: INDONESIAN COAL CARGOES PROVIDING A BIG BOOST IN THE EAST WHERE SENTIMENT FOR HANDIES ALSO STARTED IMPROVING - INTERMODAL
The BDI ended last week with small gains on the back of an encouraging number of cargoes out of key trading regions that helped sustain the reserve ...
Wednesday, 18 March 20
SHIPPING MARKET INSIGHT - INTERMODAL
Despite we all knew about the Covid-19 weeks ago, few could realize the size of the thread until the last few days. The examples of China and Italy ...
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- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
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