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)
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1 CHN Energy coal production sustains peak level for 29 straight months 2024-03-05

China Energy Investment Corporation (CHN Energy), the country's top energy producer, has maintained its coal production at a peak level of around 500 million tonnes for 29 consecutive months.The group

2 Weekly: China's anthracite prices remain stable amid weak fundamentals 2024-03-05

China's domestic anthracite prices remained stable last week (February 26-March 1) amid continued weakness on both supply and demand sides after the Spring Festival.Most anthracite mines restarted ope

3 China met coal market in figures (Mar 5) 2024-03-05

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4 China thermal coal market in figures (Mar 5) 2024-03-05

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5 Poland Jan hard coal output up 2.1% on yr, lignite down 12.7% 2024-03-05

Poland's hard coal production was 4.13 million tonnes in January 2024, increasing 2.1% from a year ago and 2.2% from a month ago, official statistics showed.Lignite production stood at 3.55 million to

6 Russia Feb seaborne coal exports up 10.5% on mth, Kpler 2024-03-05

Russia's seaborne coal exports increased 10.51% month on month to 11.77 million tonnes in February 2024, ending the sixth straight month of decline, according to Kpler's cargo-tracking data.The volume

7 China's portside thermal coal stabilizes as demand improves 2024-03-04

China's portside thermal coal prices stabilized on improved demand after a weeklong decline, but it is still uncertain if the market can switch to an uptrend.On March 4, cargoes of 5,500 Kcal/kg NAR t

8 Weekly: China's thermal coal prices weaken as demand retreats 2024-03-04

Spot thermal coal prices dipped in China last week as demand tapered off following the end of weather-related impacts and lower-than-anticipated demand ahead of the "Two Sessions". However, robust min

9 Qinghai Jan power generation rises 8.2% YoY, consumption up 10.7% 2024-03-04

Northwestern China's Qinghai province generated 8.37 TWh of electricity in January, rising 8.2% from a year earlier, according to data released by the local energy bureau.Hydropower output increased 3

10 China's coking coal sales still lukewarm on lack of buying strength 2024-03-04

Coking coal sales in China remained subdued as prudence prevailed among coking plants and traders, while market sentiment cooled further due to the decline of settlement prices or failures for online

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Russian coal exports are predicted to increase after 2024 with infrastructure projects coming into operation, TASS reported, citing Deputy Energy Minister Sergey Mochalnikov.The optimistic outlook is

2 China met coal market in figures (Feb 28) 2024-02-28

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

3 Monthly: China's Feb coastal coal freight rates dip on limited support 2024-02-29

China's coastal coal freight rates extended the downward trend in February despite at a slower pace, as coal demand was constrained by the weeklong holiday and milder weather.As of January 27, the Chi

4 Weekly global coal market news summary (Feb 26-Mar 1) 2024-03-01

Australian thermal coal prices rise on short supply, U.S. sanctions on RussiaAustralian thermal coal prices increased amid a lack of availability of high-CV coal in the market and after the U.S. impos

5 Infographic | S. Africa coal exports in Jan 2024 2024-03-01

Infographic | S. Africa coal exports in Jan 2024

6 U.S. Jan coal output down 15.8% YoY, EIA 2024-02-28

The United States produced 42.95 million short tons (38.96 million tonnes) of coal in January 2024, down 15.8% from 51.01 million short tons a year ago and 8.5% from the previous month's 46.94 million

7 Yancoal Australia 2023 profits down despite increased output 2024-02-28

Yancoal Australia Ltd reported a significant decline in after-tax net profit for 2023, despite achieving higher production volumes, according to the company.Its profit fell 49% to A$1.81 billion ($1.2

8 China thermal coal market in figures (Feb 28) 2024-02-28

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9 China's steelmaking raw materials see mixed price trends in Jan 2024-02-29

Prices of key steelmaking ingredients including coking coal and iron ore extended gains in January, while those for PCI coal and metallurgical coke dropped, according to data from the China Steel Deve

10 Vietnam Jan coal output up nearly 25% on yr 2024-02-29

Vietnam's coal production rebounded above 4 million tonnes in January, rising nearly 25% year on year, according to the latest data from the General Statistics Office (GSO).The country produced 4.03 m