
Coal News & Price Data – April 9, 2024 – Russian Exports Struggle due to Taman
Russian mining companies halted rail shipments to OTECO terminal in Taman due to unprofitable transshipment rates

Russian mining companies halted rail shipments to OTECO terminal in Taman due to unprofitable transshipment rates

Coal India Limited (CIL) produced 773.6 million t of coal in FY24 registering 10% growth

Due to high transshipment rates at OTECO terminal in Taman, that make coal exports unprofitable, Russian mining companies suspended rail shipments to the port from the end of January 2024

China’s coal industry says it doesn’t expect imports to increase this year, but the evidence from the first quarter says otherwise

Indian state-controlled utility NTPC aims to raise coal production from its captive blocks by around 16pc during the April 2024-March 2025 financial year

Russia’s seaborne coal exports declined 8.11% month on month to 10.86 million tonnes in March 2024, according to Kpler’s cargo-tracking data.

The 2024 Shanxi Province Coal Production and Stable Supply Work Plan confirms acoal output decrease of 50 million tons from 2023

European coal prices edged higher on Monday amid signs of tightening seaborne supply as Asian buyers stepped up purchases

In a significant shift toward renewable energy and emissions reduction, Indonesia and Japan are advancing their biomass usage

Indonesian thermal coal prices dropped towards last week. Prices of low-CV (3400 GAR) coal decreased by $0.44/tonnes (t), reaching $34.87/t

South Africa’s thermal coal exports rose by 4% m-o-m to 5.36 million tonnes in March 2024 as against 5.16 mnt in February 2024.

The plan is to carry 111 mln tons of coal products, which will account for over 60% of carried cargoes, in 2024.