Tuesday, October 29, 2013

FW: Export Coal Mkt News Oct 29

The most relevant coal news from the last two weeks of clippings:
China's coal market to remain well supplied in Q4 could but could slip to oversupply in 2014 if growth slows http://in.mobile.reuters.com/article/idINL3N0IC0WN20131022?irpc=932
Chinese coal producers want to rescind export tax http://feedly.com/k/Hkw9Oe

China thermal coal price war that erupted in late June, causing a collapse of nearly 15% in prices, is over http://blogs.barrons.com/emergingmarketsdaily/2013/10/15/china-coal-sector-price-war-is-over-jpm-ups-yanzhou-to-neutral/
Bohai steam coal index goes up for first time this year. Signal a turning point? http://ift.tt/17u1YtC

China coal giant Shenhua cuts 2013 sales target after profit fall - Reuters http://in.mobile.reuters.com/article/idINL3N0IF2Y220131025?irpc=932
Glencore and Sumitomo buy Rio coal mine http://on.ft.com/1gMgt5Q
Rio Tinto sells stake in Australia's Clermont thermal coal mine for US$1.02 billion http://u.afp.com/UCh

Smog suffocates Harbin; Pm 2.5 readings of 1000 in some places http://mobile.reuters.com/article/idUSBRE99K02Z20131021?irpc=932
Harbin Smog Crisis Highlights China's Coal Problem Natl Geographic http://feedly.com/k/179VDXO

NDRC: raise retail rates for electricity made by burning nat gas and lower rates for coal-fired http://news.hexun.com/2013-10-26/159087509.html

Michael Lelyveld RFA: Multiple Motives Drive China's Plans to Cut Number of Coal Mines http://feedly.com/k/1bvZ626
Fatih Birol IEA chief economist says coal to maintain edge over gas for power in China http://interfaxenergy.com/natural-gas-news-analysis/asia-pacific/coal-to-maintain-edge-over-gas-for-power-in-china/

Half of China's power generation capacity to be built between 2012 and 2020 will be coal-fired, said Woodmackenzie http://www.reuters.com/article/2013/10/14/coal-demand-idUSL3N0I40SN20131014
Coal will surpass oil as the key fuel for the global economy by 2020 says Wood Mackenzie http://www.reuters.com/article/2013/10/14/coal-demand-idUSL3N0I40SN20131014

Emerging markets expected to make up for China's waning coal appetite http://www.mining.com/emerging-markets-expected-to-make-up-for-chinas-waning-coal-appetite-62518/
Indonesia mining at risk over export ban http://on.ft.com/HfRVBH
China coal imports to keep growing in the years to come, albeit at a slower rate http://feedly.com/k/19PXuNR

Outsourcing Beijing's coal pollution to Xinjiang - Michael Lelyveld in RFA http://www.rfa.org/english/commentaries/energy_watch/gas-10212013104621.html
WRI says China's plan to combat air pollution will deplete water supply http://ow.ly/qc734
Water: All dried up in Northern China http://econ.st/1acfXVL

The rest of the clippings:
Graphic of the Day: Myanmar's Mineral Resources http://bit.ly/1a5tI7Y


China aims to cut costs associated with shale natural gas production http://bit.ly/1f04H3f

Sinopec field could reignite China shale hopes: more than doubled its 2015 output target for field in Sichuan basin http://mobile.reuters.com/article/idUSBRE99R0G720131028?irpc=932

Mongolia pushing for rail, pipeline links with China, Russia, official says http://reut.rs/1g67CL3
Mongolia Premier Welcomes Foreign Investors as Boom Slows http://bloom.bg/1dA0DJe

China's coal barons set sights on new jobs - Xinhua http://feedly.com/k/1imVkKS 

China's troubled shift to a green economy - The Globe and Mail http://feedly.com/k/Hajxsd

Clive Palmer's $6bn China First coalmine faces last two hurdles  http://feedly.com/k/Hhcnmm

China nat resources minister: Gas is the new coal, prices will go up 能源局局长:未来天然气占比将上升 价格要上涨|天然气|能源|价格_新浪财经_新浪网" http://feedly.com/k/1ikKuF9

Bo Xilai and the collapse of Canada's China policy, which had been built around his rise: http://www.theglobeandmail.com/news/world/the-inglorious-exit-of-bo-xilai-canadas-closest-ally-in-chinas-power-structure/article15097314/

Inner Mong CTG to help clean capitol air; in rush to fix air, BJ ignores GHG impact 内蒙古清洁能源助力华北雾霾治理 http://bit.ly/18UUGTG

Nat gas consumption through Q3 increased 13.5% vs last year; imports up 27% vs last year 发改委:前三季度国内天然气消费增长13.5%|新浪网 http://feedly.com/k/1hgAkrF

Is haggling over price really the obstacle to China-Russia gas deal?  气价不是俄气同中国天然气合同的主要问题 http://bit.ly/1c2sC0b

Exclusive: In rare China sale, Sinopec seeks partner for Canada shale http://reut.rs/1fZ0fF6

Chinese Acquisition Appetites Shift From Resources http://on.wsj.com/H2gPF5

China shale policy flailing: Beijing writes shale gas policy in NOC's wake http://feedly.com/k/167ajWW

China needs 200 nuclear power plant according to this http://ow.ly/q8uY3

China's new clean air strategies aggravate the confrontation between energy and water http://bit.ly/HhzRIf  More at http://bit.ly/HhzRIh

Caterpillar cuts forecast on mining slump - increased China mkt share and quarterly sales in China increased 30% http://feedly.com/k/1iesmNg

The US Shale "Boom": A Fantasy Concocted By Politicians & Industry Bigwigs?  http://bit.ly/1ahnLHI

The pipeline that cried wolf: Will the Russia-China deal ever close? http://feedly.com/k/1aGqBEl

Cities switching too quickly from coal to gas - China says to control gas use as winter shortages loom http://in.mobile.reuters.com/article/idINL3N0IB1S720131021?irpc=932 …


Fenxi to mine 400mm tonnes of coal in Kenya MT @AfricaAlert: …begin work in 2014 on 950MW power plant  http://bit.ly/1gRR48e

Qinhuangdao coal shipments Sept Ytd up 5% yoy -- China's coal shipments by railway totaled 193 million mt in Sept" http://feedly.com/k/1aXa6oW

Bohai steam coal prices move up"煤炭:环渤海煤价将快速上涨 - 煤炭价格走势 - CMEN.CC" http://feedly.com/k/19f0OVS

Beijing has a new plan to temporarily and dramatically cut emissions when pollution is severe for three straight days http://news.xinhuanet.com/energy/2013-10/18/c_125558411.htm

China risks severe shortfalls with gas expansion and could shorten field life through too hasty development http://feedly.com/k/1aT2BPQ

Focusing a Lens on China's Environmental Challenges http://feedly.com/k/17P6lPh
China's 3rd shale gas auction could kill hope for a shale revolution http://bit.ly/1cTOwXa

China Development Bank role in Africa set to grow even more, CDB current loans in region already total US$ 18.9bn http://bit.ly/1hSKRH1

Xi dreams of camel bells . . . and access to oil and gas: China bypasses American 'New Silk Road' http://wapo.st/1gEyYqa

ADB says Asia Pac will be 50% of global energy consumption in 2035 and invest $20tn "2035年亚太国家对能源的投资或增至19.9万亿美元 http://radiovr.com.cn/news/2013_10_14/246488460/