Weekly global coal market news summary (Dec 4-Dec 8)

sxcoal.com Price,  Import & Export,  Production & Sales,  International 2023-12-08 17:20:55

Int'l thermal coal prices rebound on rising freight rates and supply tightness

Global thermal coal market generally bounced back during the past week on the back of growing international seaborne shipping costs and expected supply strain of high-CV thermal coal from Australia an

 

Russia to overtake Australia as key coal supplier to India

Russia is set to surpass Australia as a significant coal exporter to India, with plans to enhance coal shipments by 400% in the current year compared to 2022, local media reported.India is witnessing

 

Newcastle port Nov coal exports up over 30% YoY

Newcastle port, the world's largest coal port located in Australia's New South Wales, saw coal exports register a year-on-year growth of over 30% in November despite a marginal decline from a month ag

 

Russian Jan-Oct coal supply rises 2.7 YoY

Russian coal supplies to domestic market and exported countries totaled 329 million tonnes in January-October 2023, an increase of 8.7 million tonnes or 2.7% year on year, data showed.Coal delivery to

 

Australia Nov coal exports rise for 3rd mth, Kpler

Coal exports from Australia increased 4.27% month on month and 14.43% year on year to 31.62 million tonnes in November, marking the third consecutive month of growth, according to cargo tracking data

 

Adaro Energy aims to pivot away from thermal coal business

Indonesian coal producer Adaro Energy intended to diversify its business development plans by shifting its core business from thermal coal to wider scope by 2030, foreign media reported.Adaro Energy c

 

Coal India to accelerate rail coal transport capacity by 2025

Coal India Limited, the country's largest coal producer, is gearing up to enhance its coal transportation infrastructure by pushing the completion of various railway projects by 2025, in a strategic m

 

Review: S Africa delivers over half coal to India in Oct

South Africa's coal exports rebounded slightly in October, but still below the year-ago level of 6 million tonnes. India took over half of coal exports from South Africa in October.The country exporte

 

Japan to halt new coal-fired power plants construction

Japan will refrain from constructing new coal-fired power plants without greenhouse gas emission reduction measures, the country's Prime Minister Fumio Kishida said during the COP 28 climate talks in

 

Indonesia accelerates retirement of 660-MW coal power plant

Indonesia is expediting the closure of a 660-MW coal-fired power plant nearly seven years ahead of schedule, media reported, citing an agreement reached by the Indonesian government, the Asian Develop

 

(Writing by Rebecca Liu  Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 China thermal coal market in thick caution; prices trend slightly lower 2024-07-15

China's domestic thermal coal market is showing a cautious sentiment, with low trading activity and a slight downward trend in prices, market participants said on July 15.They attributed the cautious

2 China's coking coal faces inactive buying amid weak sentiment 2024-07-15

China's coking coal market saw limited buying activities in main production areas, as cautious sentiment spread among participants amid a lack of robust demand from the downstream steel mills.Coke and

3 China Railway's coal loadings up 5.6% YoY in Jun 2024-07-15

China State Railway Group Co., Ltd. (China Railway) made great progress in railway transportation in June, with several key rail freight metrics smashing historical highs, state media CCTV reported, c

4 China's coastal coal freight rates rebound on increased demand 2024-07-15

China's coastal coal freight rates experienced a notable rebound last week, as more active port-side market gave rise to increased shipping demand.The China Coastal Coal Freight Composite index, which

5 China's coal capacity utilization dips to 72.8% in Q2 2024, power at 71.4% 2024-07-15

The capacity utilization rate of China's coal mining and washing industry was 72.8% during the second quarter of 2024, a decrease of 1.7 percentage points from a year earlier but up 1.2 pps from the p

6 China futures market updates at close (Jul 15) 2024-07-15

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

7 China Coal Daily Track (Jul 15) 2024-07-15

Thermal CoalProduction area Thermal coal prices stabilized in major producing regions, supported by steady demand from traders at railway stations and metallurgical and chemical plants. This helped ma

8 Weekly: China's met coke prices remain stable, lacking upbeat strength 2024-07-15

Chinese metallurgical coke prices continued to be stable last week for the second week, supported by tight fundamentals and the ongoing tug of war between coke and steel makers. Despite smooth dispatc

9 Weekly: China's coking coal prices dip on waned demand 2024-07-15

China's coking coal prices were broadly stable last week, yet with minor declines. Online settlements saw more price retreats than increases. Coking plants mainly made on-demand purchases and adopted

10 Weekly: China's thermal coal still subdued due to sluggish demand 2024-07-15

China's thermal coal market remained subdued due to the absence of demand resurgence from power utilities amid strong heatwaves, despite a mild rebound at the start of last week. Coal prices in produc

Most Read Articles

1 Anglo American kicks off coal assets sale following mine fire 2024-07-10

Anglo American was said to have formally commenced the process of selling its coal assets, after a blaze at its Grosvenor coal mine in Australia's Queensland shook the confidence of investors and pote

2 Baosteel cuts some plate steel prices for Aug bookings 2024-07-10

Baoshan Iron and Steel Co., Ltd, also known as Baosteel, a subsidiary of state-run China Baowu Steel Group, reduced its domestic base prices for some main steel products for August bookings while cont

3 Australia Jun coal exports up for 2nd mth, Kpler 2024-07-10

Australia exported 32.22 million tonnes of coal in June 2024, rising 10.90% month on month and marking the second consecutive month of increase, according to cargo tracking data from Kpler.The export

4 Falling rail shipments reflect challenging outlook for U.S. coal industry 2024-07-10

Rail coal shipments, as a reliable indicator of the industry in the U.S., recorded a decline in January-June, painting a bleak picture for coal, according to a report recently released by the Administ

5 China met coal market in figures (Jul 10) 2024-07-10

China coking coal, met coke and steel market key figures in focus.

6 China's coking coal online auctions falter as market sentiment sours 2024-07-11

More online coking coal auctions were concluded at lower levels in China's major production areas in recent days, reflecting a slight weakening in market sentiment, despite overall transactions seeing

7 China Coal Daily Track (Jul 12) 2024-07-12

Thermal CoalProduction area Thermal coal market strengthened in major producing regions, buoyed by recent rises in portside prices. Improved sentiment and summer demand expectations encouraged traders

8 Vietnam Jun coal imports down 2.03% on mth 2024-07-10

Vietnam's coal imports (including those from foreign-invested enterprises) in June declined after increasing for three consecutive months, dropping more than 10% compared to the record high in the sam

9 Laos exports coal, iron via Vietnam to China 2024-07-12

Mining operations in southern Laos have been transporting coal, iron, and other raw materials through Vietnam to reach a Chinese seaport for processing, according to an official in the energy and mini

10 Infographic | China Taiwan coal imports in Jun 2024 2024-07-10

Coal imports of China's Taiwan totaled 5.46 Mt in Jun 2024, up 9.42% MoM but down 8.13% YoY, showed preliminary trade statistics from Taiwan customs.