
Queensland Coal Exports up 8.5% in May
Exports from key Queensland, Australia metallurgical coal ports —Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point, and Gladstone— rose by 8.5% in May.

Exports from key Queensland, Australia metallurgical coal ports —Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point, and Gladstone— rose by 8.5% in May.

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,

Australian metallurgical coal prices dropped this week due to an influx of offers from traders and selling activity from end-users

India is the second largest importer of coal during 2023 as global coal trade has really picked up pace in recent months

The prices of seaborne thermal coal in Asia are diverging as strong demand for high-quality fuel drives a rally, but lower grades stagnate.

Asian metallurgical coal market showed stability with limited trading activity.

China’s metallurgical coal stocks decreased in early December, signaling increased demand from end-users restocking

The Bureau of Meteorology upgraded a low-pressure system off the Queensland coast to Tropical Cyclone Jasper, a category one system

Coal India Ltd reported a coal output of 66 million tons, marking an 8.7% year-on-year increase and an 8% month-on-month increase.

Coal production and logistical bottlenecks are expected to increase spot market activity for metallurgical coal

India is reinforcing its commitment to increased coal-fired power generation ahead of COP28.

There has been a notable increase in coal mine accidents in China, at least 57 accidents have occurred in 2023, resulting in 160 deaths.