Ample supply may pressure European coal prices further
April 16, 2024
European coal prices look set to lose further ground this week amid a relative abundance of supply and sluggish demand
Category: Thermal Coal
China’s coal output falls 4% YoY in March 2024
April 16, 2024
China’s total output for raw coal for all uses dropped by 4.2% on year to 399.33 million tonnes in March
Coal News & Price Data – April 12, 2024 – Germany’s Climate-Driven De-Industrialization Hits Steel Outlook
April 12, 2024
Amid Germany’s climate-driven de-industrialization, Thyssenkrupp plans a 20% reduction in steel output
Indonesian Thermal Coal Exports Increase 10% MoM in March 2024
April 12, 2024
Indonesian thermal coal exports increased by 10% m-o-m to 35.24 (mnt) in March 2024
European Gas rises on EU-Russia ruling and surging CO2
April 12, 2024
European gas prices rose on Thursday as newly approved EU legislation raised the prospect of further reductions in Russian flows
China state planner finalises rule to set up coal production reserve system
April 12, 2024
China’s state planner on Friday finalised a rule to set up a domestic coal production reserve system by 2027
How Much Power is Crypto Using?
April 12, 2024
Concerns grow about what a flood of new computers, data centers and artificial intelligence operations means for the electric grid
Coal News & Price Data – April 11, 2024 – Analysts Issue More Upgrades & Downgrades
April 11, 2024
Citi has raised its rating on April 11 for Warrior Met Coal to ‘Buy’ from ‘Neutral’ and increased the target price to $75
Australian Thermal Coal Exports Rise 2% MoM in March 2024
April 11, 2024
Australian thermal coal exports rose by 2% m-o-m to 15.48 million tonnes (mnt) in March 2024
LNG prices rise with demand in Asia as coal weakens
April 11, 2024
Asian benchmark LNG prices were edging higher in the week to Thursday amid robust regional spot demand, though Pacific bellwether coal prices weakened.
India will open 20 additional coal mines by year end.
April 11, 2024
By year-end, 20 coal mines likely to come into operation. These 20 coal blocks include seven blocks of state-owned Coal India and three blocks of Singareni Collieries Company Ltd (SCCL)
Global coal power grew 2% last year
April 11, 2024
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016