
Thermal coal price & news update as of 8 Aug
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Coal News & Price Data – October 18, 2024

Russian coal producers continue to grind through a turbulent 2024, marked by a slight overall decline in output and a significant drop in coal exports. From January to July 2024, total coal production across Russia has declined modestly to 250.6 million tons (Mt), down just 1.9 Mt or 0.8% year-on-year. Exports have struggled, however, falling sharply to 105.8 Mt, a decrease of 11.2 Mt or 10% compared to the same period in 2023…

A rundown of recent price changes in the broader coal markets…

A rundown of recent price action in global coal markets…

India’s increasing dependence on imported coking coal has led the government to seek to diversify its sources, including exploring imports from Mongolia in a broader strategy to avoid over-reliance on any single country…

The United States Treasury Department has broadened its sanctions against Russian coal enterprises, including Elga, Coalstar, and the Mairykhsky open-pit mine…

India metallurgical coal imports have risen significantly over the last few months, reaching 31.7 million tonnes from January to May 2024, a 9% increase from the previous year…

The United States is projected to increase its coal exports to 102.6 million short tonnes in 2024, up by 2.8% from the previous year, according to the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook…

Chinese Premier Li Qiang’s recent visit to Australia marks a pivotal moment in thawing the frosty relations between the two nations…

he United States Treasury Department has broadened its sanctions against Russian coal enterprises, which now includes Elga, Coalstar, and the Mairykhsky open-pit mine…

Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023, global seaborne coal loadings escalated by 5.8% year-over-year, totaling 1,339.5 million tonnes…