Asia’s thermal coal trade to drop in 2024
December 19, 2023
Thermal coal trade in Asia in 2023 is set to outpace 2022 by 17%, due to China’s stockpiling of coal, while Vietnam doubled imports
Tag: Thermal Coal
Newcastle coal index surges 16% after train crash
December 14, 2023
The thermal coal index jumped to its highest levels in almost three months this week owing to logistical constraints
Coal India CAPEX up 7.6% on year
December 13, 2023
Coal India capex rises 7.6% on year so far in the eight months of the ongoing financial year
Europe’s Coal Imports near 8-Month High in December
December 13, 2023
European thermal coal imports looked set to reach an eight-month high in December as generators stock up in case of winter demand spikes
Vietnam’s Coal Imports through November ’23
December 12, 2023
In November, Vietnam imported 4.9807 million tons of coal, a year-on-year increase of 112.05% and a month-on-month increase of 37.7%.
Domestic Coal Production in India Surges 13% YoY
December 12, 2023
India’s domestic coal production is growing to reduce dependence on imported coal and meet growing demand.
Key Coal Rail Line in NSW to Remain Closed following Derailment
December 11, 2023
A key rail line in the country’s richest coal region remains out of action after a major train derailment last week.
Thermal Coal Prices Diverge
December 11, 2023
The prices of seaborne thermal coal in Asia are diverging as strong demand for high-quality fuel drives a rally, but lower grades stagnate.
Indonesia’s coal exports in November fell 6.5% MoM but are up 10% YoY
December 8, 2023
Indonesia’s seaborne coal export volume declined from the previous month, but was still higher than the same period last year
South African thermal coal portside prices remain unchanged amid subdued trade
December 8, 2023
Prices remained stable amid buyers’ resistance over current price levels and tepid demand from major consumers due to healthy stocks at ports.
India Says No to Pledge to Triple Renewables and Phase Down Coal at COP28
December 8, 2023
India has not endorsed a pledge at COP28 summit to triple renewable energy, as doing so would have meant phasing down coal.
Implications of China’s Coal Reserve System
December 7, 2023
China announced it will establish a backup coal production system by 2027 to stabilise prices and secure coal supply