
Australian Thermal Coal Exports Rise 13% YoY in 2023
Australian thermal coal exports rose by 13% y-o-y to 199.48 mnt in CY’23 as against 176.89 mnt in the same period last year

Australian thermal coal exports rose by 13% y-o-y to 199.48 mnt in CY’23 as against 176.89 mnt in the same period last year

Indonesia raised its coal output target for 2024, although projections of a steep increase in domestic consumption could curb exports

From 2021 to 2023, China’s production of high-quality coal has been consistently increasing, resulting in a high level of domestic supply

India’s consumption of petroleum coke will likely rise in 2024 on easing of Venezuelan sanctions & growing cement consumption

India’s coal production from captive and commercial mines soared by 38% in December 2023, reaching 14.04 million tonnes

South Africa’s thermal coal exports dropped by 3% y-o-y to 60.24 mnt in CY’23 as against 62.21 mnt in the same period last year

China has restored import levies on coal from the beginning of the year, a move that could threaten Russian exporters

US export thermal coal prices are likely to be depressed in 2024 amid mild global demand and poor domestic demand

Atlantic thermal coal markets look set for a somewhat calmer time in 2024 after the turbulence of recent years

As the Biden administration promises to eliminate coal power throughout the US, energy experts are sounding the alarm about what will be left

India plans to build a domestic thermal coal stock of 1.8-2.5 bt by 2030-32, following which it will hit the pause button

Coal stocks at Indonesian state-controlled utility PLN’s operated power plants could last for more than three weeks