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Wednesday, 19 August 20
U.S. COAL STOCKPILES STEADILY INCREASE AFTER REACHING LOWEST LEVEL IN A DECADE IN 2019 - EIA
 After reaching their lowest level in more than a decade in March 2019, U.S. coal stockpiles steadily increased to 152 million tons in April 2020, recovering to levels not seen in three years. Total U.S. coal stockpiles have increased as coal-fired generation has fallen to a 42-year low.
Coal power plants generally stockpile much more coal than they consume in a month. Coal consumed by power plants in the United States follows the seasonal pattern in overall electricity generation; coal consumption is typically highest in the summer and winter months. Because coal-fired power plants are consuming more coal in the warmest summer months and coldest winter months, coal stocks at power plants are often at their lowest in August and February.
In addition to surveying coal stockpile levels, the U.S. Energy Information Administration (EIA) also calculates how long these stockpiles would last, assuming the power plants receive no additional coal. This value, known as days of burn, considers each plant’s current stockpile level and its estimated consumption rate in coming months. In April 2020, U.S. coal power plants had, on average, about 114 days of burn.
Because coal-fired power plants use different types of coal, EIA tracks days of burn based on coal rank. The two main types of coal used for electricity generation in the United States are bituminous coal, which is mostly produced in states such as West Virginia, Illinois, and Pennsylvania, and subbituminous coal, which is mostly produced in Wyoming.
For bituminous coal-fired power plants, most of which are located in the eastern United States, the average number of days of burn reached 122 days in April 2020. For subbituminous coal-fired power plants, largely located in the Midwest and West, the average number of days of burn was slightly lower at 105 days in April 2020.
EIA expects coal stockpiles to remain relatively steady through 2021, according to forecasts in EIA’s August 2020 Short-Term Energy Outlook. EIA expects coal to drop from providing the second-largest share of the U.S. electricity generation mix in 2019 to the fourth-largest share in 2020, displaced by both nuclear and renewable generation. In 2020, EIA forecasts that coal will provide 683 million megawatthours, or 18% of total electricity generation—less than natural gas at 1,510 million megawatthours (40%), nuclear at 795 million megawatthours (21%), and renewables at 756 million megawatthours (20%).
To provide that electricity, EIA expects the U.S. power sector will consume about 377 million short tons of coal. If realized, this amount of coal consumed by the U.S. power sector in 2020 would be the lowest since 1972. EIA expects coal-fired electricity generation to reclaim a small portion of generation share in 2021, averaging 22% for the year, less than natural gas (35%) but more than nuclear (21%) and on par with renewables (22%).
Principal contributor: Rosalyn Berry
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Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
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- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Mercator Lines Limited - India
- MS Steel International - UAE
- Petron Corporation, Philippines
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