Coal News & Price Data – July 25, 2023 – Met Coal Price Update
July 25, 2023
Australian metallurgical coal prices were stable, while CFR China strengthened on higher domestic & increased interest in prompt cargoes.
Tag: Seaborne Coal
Coal News & Price Data – July 24, 2023 – Daunia & Blackwater Bidders seek Japanese Trading House Help
July 24, 2023
Bidders in the auction for BHP’s Blackwater and Daunia, are vying to attract five Japanese commodities houses to join their ranks.
Coal News & Price Data – July 21, 2023 – European Gas Markets Heat Up
July 21, 2023
European natural gas prices rose 3.9% as traders considered extreme heat and concerns over reduced Russian fuel supplies.
Coal News & Price Data – July 20, 2023 – Xi Refuses to Meet with Kerry
July 20, 2023
Chinese President Xi Jinping made it clear that China will not allow its path to curb emissions to be dictated by others.
Coal News & Price Data – July 19, 2023 – Whitehaven Locked & Loaded for Daunia?
July 19, 2023
BHP is open to selling its coal mines separately, potentially allowing Whitehaven Coal to bid for the Daunia mine without raising equity.
Coal News & Price Data – July 18, 2023 – Richards Bay Coal Terminal Reopens
July 18, 2023
After a partial closure due to environmental management non-compliance the Port of Richards Bay has resumed its operations.
Coal News & Price Data – July 17, 2023 – Met Coal Q2 Review
July 17, 2023
Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.
Coal News & Price Data – July 14, 2023 – China’s New Coal Fired Power Pipeline
July 14, 2023
China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.
Coal News & Price Data – July 12, 2023 – EIA’s Latest Energy Outlook
July 12, 2023
Latest EIA Energy Outlook reveals coal output expected to decline by 4.19% y/y to 572.2 mst in 2023, surpassing an earlier projection.
Note on Thermal Coal Markets
July 11, 2023
Thermal coal markets have high inventories and are experiencing increased demand during the summer cooling season in the northern hemisphere.
Coal News & Price Data – July 11, 2023 – NSW Court Dismisses Narrabri Stage 3 Blocking Case
July 11, 2023
Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.
Coal News & Price Data – July 10, 2023 – ARLP Breaking Ground on Henderson Co. Mine
July 10, 2023
Alliance Coal (ARLP) has started the construction of the Henderson County Coal Mine, a multi-million-dollar operation in Kentucky.