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Thursday, 24 June 21
FEBRUARY'S INCREASE IN COAL-FIRED ELECTRIC GENERATION REDUCED U.S. COAL STOCKPILES - EIA
 Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in February 2021. February’s draw was the largest monthly coal inventory decrease since July 2011, when stocks were drawn down by 18 million tons.
Plants stockpile coal to ensure fuel supply; they generally build up inventory to prepare for periods of greater demand and draw from the stockpile as needed. Typically, most large coal stock draws have occurred during the summer, when coal-fired generation is at its greatest. Heavy inventory draws are less common in the winter unless extreme weather events occur, such as the February 2021 winter storm in Texas and neighboring states.
From December 2020 to February 2021, coal stockpiles at U.S. power plants decreased as coal-fired electricity generation increased. Rising natural gas prices in late 2020 and early 2021 made coal-fired electricity generation more competitive. The United States saw 16% more coal-fired generation in December 2020 and January 2021 than it did in December 2019 and January 2020, as coal displaced natural gas-fired generation in some markets. Coal-fired generation continued to increase in February 2021, when a winter storm elevated electricity demand.
In addition to surveying coal stockpile levels, we calculate how long these stockpiles would last if the power plants received no additional coal. This value, known as days of burn, considers each plant’s current stockpile level and its past consumption patterns.
Because coal-fired power plants use different types of coal, we track this data based on these coal types. The two main types of coal used for electricity generation in the United States are bituminous coal, which is mostly produced in West Virginia, Illinois, and Pennsylvania, and subbituminous coal, which is mostly produced in Wyoming.
U.S. bituminous coal plants had an average of 150 days of burn in January 2021, the most days of burn since we started tracking this data in 2010. Following significant coal stock draws, the average days of burn decreased to 114 days in March 2021. For U.S. subbituminous coal plants, the average days of burn decreased from a record high of 139 days in January 2021 to 113 days in March.
Utilities often have fixed contracts for coal deliveries, so inventories can build up if they generate less electricity than expected. Reduced electricity demand because of responses to COVID-19, in addition to relatively low prices for natural gas, contributed to less coal generation for much of 2020. As a result, coal stocks’ average days of burn increased to the record highs seen in January 2021.
Source: EIA
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Saturday, 26 June 21
KOSPO INVITED BIDS FOR 480,000 MT OF COAL PER ANNUM
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 480,000 MT of NCV 1 Min. 5,600 (Spec 1) /Min. 5,0 ...
Wednesday, 23 June 21
MARKET INSIGHT - INTERMODAL
The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong ma ...
Thursday, 17 June 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR GLOBAL SEABORNE COAL TRADE; CHINA'S COAL IMPORTS - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade.
Total global loadings in the 12 months of 2020 were down -12 ...
Thursday, 17 June 21
FITCH RATINGS RAISES SHORT-TERM OIL AND GAS PRICE ASSUMPTIONS
Fitch Ratings has increased its 2021 and 2022 oil price assumptions for the Brent and West Texas Intermediate (WTI) benchmarks due to stronger year ...
Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
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- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- White Energy Company Limited
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- The University of Queensland
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