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April/ May Coal price to soar/ major flooding in Oz

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April/ May Coal price to soar/ major flooding in Oz

Unread postby SeaGypsy » Fri 02 Mar 2012, 08:19:55

http://www.bom.gov.au/australia/warnings/index.shtml

The entire SE is flooding, some of it for the 3rd time in as many years, but this time it's going to do in every minesite from Broken Hill to Cowra to Rockhampton.

There is going to be a scramble for immediate contracts and a dearth of coal for delivery for at least 6 to 8 weeks from the ports supplying about 80% of China and India's coking coal.

I'm not betting, but for anyone who is, time to get cracking is now.

http://www.abc.net.au/local/stories/201 ... ite=sydney
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby babystrangeloop » Fri 02 Mar 2012, 08:33:36

Don't you think you're being a little negative? I mean there might be some way to fix this and then everything will be fine as normal.
Last edited by babystrangeloop on Fri 02 Mar 2012, 08:38:07, edited 2 times in total.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby SeaGypsy » Fri 02 Mar 2012, 08:36:48

Lol, it's positive if you own some shares in a container currently at sea, that's for sure :)
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby babystrangeloop » Fri 02 Mar 2012, 08:38:28

Besides, you need to frame things correctly. They are not having a coal shortage. They are going green and shrinking their carbon footprint.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby SeaGypsy » Fri 02 Mar 2012, 08:50:50

http://austcoalconsulting.com/downloads ... 202015.pdf

It's approximately 50 million tonnes of coking coal a month which will be affected.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby vtsnowedin » Fri 02 Mar 2012, 09:41:16

SeaGypsy wrote:http://austcoalconsulting.com/downloads/1%20Australian%20Coal%20Export%20Forecast%20to%202015.pdf

It's approximately 50 million tonnes of coking coal a month which will be affected.

Interesting line near the end.
- The higher ash thermal coal will be acceptable to Indian customers.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby babystrangeloop » Fri 02 Mar 2012, 09:50:18

Define "Indian customer". :)
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby vtsnowedin » Fri 02 Mar 2012, 10:01:51

babystrangeloop wrote:Define "Indian customer". :)

Not my paper, but they mean the India based customers refered to elswhere in the report which buy a significant portion of their exports.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby babystrangeloop » Fri 02 Mar 2012, 10:10:22

vtsnowedin wrote:
babystrangeloop wrote:Define "Indian customer". :)

Not my paper, but they mean the India based customers refered to elswhere in the report which buy a significant portion of their exports.

What they mean by "Indian customers" is "corporate overlords".
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby vtsnowedin » Fri 02 Mar 2012, 10:19:28

babystrangeloop wrote:
vtsnowedin wrote:
babystrangeloop wrote:Define "Indian customer". :)

Not my paper, but they mean the India based customers referred to elsewhere in the report which buy a significant portion of their exports.

What they mean by "Indian customers" is "corporate overlords".

Who will use it in their industries or sell it to Indian consumers who will use it. What difference dose the presence of "Overlords" make in the supply train. The coal gets shipped and burned and the ash goes into the air.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby babystrangeloop » Fri 02 Mar 2012, 10:30:19

vtsnowedin wrote:
babystrangeloop wrote:
vtsnowedin wrote:
babystrangeloop wrote:Define "Indian customer". :)

Not my paper, but they mean the India based customers referred to elsewhere in the report which buy a significant portion of their exports.

What they mean by "Indian customers" is "corporate overlords".

Who will use it in their industries or sell it to Indian consumers who will use it. What difference dose the presence of "Overlords" make in the supply train. The coal gets shipped and burned and the ash goes into the air.

My issue is the way the article phrased it:
- The higher ash thermal coal will be acceptable to Indian customers.

Could have been written as:
- The higher ash thermal coal will be acceptable to Indian corporate overlords.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby vtsnowedin » Fri 02 Mar 2012, 11:05:18

8) I was discussing pollution being exported to a country with lax regulations and you apparently want to discuss class warfare between the have nots and the corporate overlords. I'm weary of that debate and don't care to go over it again. Perhaps someone else will pick up on your point.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby babystrangeloop » Fri 02 Mar 2012, 11:07:49

The trouble with exporting pollution is that we have only one Earth available.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby vtsnowedin » Fri 02 Mar 2012, 12:11:38

babystrangeloop wrote:The trouble with exporting pollution is that we have only one Earth available.

Exactly and only one atmosphere to dump the smoke in and there are no partitions to keep the soot in India in India so shipping them high ash coal seems short sighed to say the least.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby SeaGypsy » Fri 02 Mar 2012, 20:06:35

This part of the article is based on the fact that China is way ahead of India when it comes to awareness of such concerns as radio-active heavy isotopes/ which do definitely accumulate in proximity to the burnsite and prevailing wind direction. China also has the one party system, meaning the relationship has to be managed very differently to India's which is dominated by local and state authority, relatively deregulated.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby Anvil » Fri 02 Mar 2012, 20:19:32

The carbon tax is not helping the farmers here neither.

Thanks to the dumb shilly shillard in charge the rest of country is getting regulated out of productivity as well. Our economy should be growing much faster but thunder thighs here in charge is siting on us all.

Down with the back stabbing illard dictatorship.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby SeaGypsy » Fri 02 Mar 2012, 21:10:08

Anvil, this is not a very comfortable site for partisan politics. we tend not to discriminate hate them all equally . I personally find your partisanism irritating. A few facts:

This site is peakoil.com/ where discussion revolves around oil and key energy resources and their impacts on history as we are living it. Narrow partisanism has exactly zero to do with this. The convergence is in energy policy as actually put in place, by whatever government. Don't pretend any important economy doesnt have or need an energy policy.

Gillard's goverment is one of the first few in the world to force big industry to pay for mitigation of the very facts most discussed o this site. This makes it one of the elite; whatever else they might do/ good or bad.

If Australia had implemented the tax regime on primary resources Gillard is putting in place, 30 years ago, Australa would have garnered approximately 6 times what it has out of the royalties system. So if you really are a nationalist, you should be lobbying Abbot to a bipartisan position on this aspect at least. Same if you would like to see energy transition. I don't care if you hate Gillard, I take issue with plenty of her positions. but with regards to peak oil, she is doing at least something.
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Re: April/ May Coal price to soar/ major flooding in Oz

Unread postby Shaved Monkey » Fri 02 Mar 2012, 21:22:21

LOL
Anvil on a PO site demanding more economic growth.

:P
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