Coal News & Price Data – September 13, 2023 – EIA Coal Update
September 13, 2023
The EIA has raised its 2023 total coal production outlook to 583 million short tons, a slight increase from August’s estimate.
Tag: Seaborne Coal
Coal News & Price Data – September 12, 2023 – South Korea to limit Russian Imports
September 12, 2023
South Korean government urged power companies to reduce their imports of Russian coal, particularly through spot market transactions.
Coal News & Price Data – September 11, 2023 – Met Coal Prices Continue Higher
September 11, 2023
Asian metallurgical coal prices rose due to increased buying interest. Bids for October-loading coal ranged from $276-$290/mt FOB Australia.
Coal News & Price Data – September 8, 2023 – Strike Commences at Chevron’s LNG Plants
September 8, 2023
Approximately 500 workers from a coalition of the Australian unions, initiated a three-week strike at Chevron’s LNG plants.
Coal News & Price Data – September 7, 2023 – India’s Thermal Supply & Demand Increases
September 7, 2023
Weak monsoon rainfall in India has led to a decline in hydropower generation, increasing reliance on coal-fired power.
Power Plant Pipeline – More Thoughts
September 6, 2023
We’re beginning to see the inadequacy of Chinese coal production to meet their own power demands as production falters & demand climbs.
Coal News & Price Data – September 6, 2023 – NSW Revises Royalty Rates
September 6, 2023
New South Wales (NSW) will update coal royalty rates to ensure a fair return for the state’s resources in modern market conditions.
Chinese Market: 2023 Coal Mid-Term Strategy
September 5, 2023
The following report published by a Chinese investment bank, Cinda Securities, contains some inside baseball on the Chinese coal industry.
Coal News & Price Data – September 5, 2023 – Cameco Lowers Production Guide
September 5, 2023
Cameco has provided a market update indicating challenges at the Cigar Lake mine and Key Lake mill will affect their 2023 production forecast.
Coal News & Price Data – September 1, 2023 – Coking Coal Rallies Amid More Safety Checks
September 1, 2023
Safety inspectors in China’s Shaanxi province have ordered the suspension of operations at two more coal mines
Thoughts on Chinese Permitted Coal Power
August 31, 2023
In the first half of 2023, China approved 52 GW of new coal power projects, a significant increase from the 15 GW permitted in H1 2022
Coal News & Price Data – August 31, 2023 – Met Coal Looking Bullish
August 31, 2023
Australian prime hard met coal prices are expected to rally further due to a supply squeeze, resulting in progressively higher priced trades.