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.

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