RUSSIA'S COAL EXPORTS UP 3.4%
PLATTS - Coal exports from Russia in 2018 came to 191 million mt, a rise of 3.4% on the year, according to the latest data from the ministry of energy, making the 2018 volume the highest since S&P Global Platts began collecting data in 2013.
For both export and production data the share of thermal coal was no disclosed.
The export volume for December came to 15.5 million mt, a drop of 2.6% on month.
Coal production in 2018 came to 431.76 million mt, a rise of 6% on year and also the highest volume since Platts began collecting data in 2013.
The December production volume came to 38 million mt, a drop of 1% on month.
The average Platts FOB Russia Pacific 6,300 kcal/kg GAR 90-day price for 2018 was 108.70/mt, a rise of $16.70 on year.
The average Platts FOB Russia Baltic 6,000 kcal/kg NAR, 90-day price for 2018 was $86.10/mt, a rise of $6.10 on year.
Higher FOB prices for both Atlantic and Pacific markets were likely to be a big incentive to produce and export more tons to the seaborne market with the ability to make higher margins on volumes.
Thermal coal traders in Europe have been unanimous in the opinion that Russian producers have been adamant to be the dominant supplier to the market, which in itself was likely to spur on higher exports to Europe.
Russian producers have made considerable efforts to grow market share in developing Asian markets, such as Taiwan and Korea.
In the first 10 months of 2018, Taiwan imported 8.5 million mt of Russian thermal coal, which was a rise of 7% from the year-ago period, according to latest customs data.
In the first 11 months of 2018, South Korea imported 18.6 million mt of Russian thermal coal, which was a rise of 15.6% from the year-ago period, according to latest customs data.
|February, 18, 12:30:00|
|February, 18, 12:25:00|
|February, 18, 12:20:00|
|February, 18, 12:15:00|
|February, 18, 12:10:00|
|February, 18, 12:05:00|
ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».
U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.
U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.