Coal Market News

Derailment in Queensland town may hamper coal transport

20 Jan 2020 | Source: Argus Media

A coal train derailment yesterday afternoon near Middlemount, Queensland might temporarily disrupt coking coal shipments from a few nearby mines, including mines owned by UK-South African mining firm Anglo American and Swiss mining firm Glencore.

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China's steel consumption to increase 2% on year in 2020: CISA

20 Jan 2020 | Source: S&P Global Platts

Singapore — China's finished steel consumption will increase 2% on the year to 889.8 million mt in 2020, driven by demand from construction sector, according to China Iron & Steel Association estimates released last week.

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COLUMN-China coal imports to rebound in January, rest of 2020 is cloudy: Russell

20 Jan 2020 | Source: Reuters

LAUNCESTON, Australia, Jan 20 (Reuters) - China’s coal imports are likely to show an impressive bounce in January after customs delays crimped December clearances, but questions remain as to the outlook for 2020 as a whole.

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Russian coal: India takes more thermal coal from Russia

14 Jan 2020 | Source: Argus

Indian imports of Russian thermal coal rose by 72pc on the year, to 2.7mn t in January-September this year, shipping data show, in line with an increase in the country's total coal imports amid greater coal-fired demand early in the year.

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India looks to replace up to 135 mil mt of coal imports with domestic output: minister

14 Jan 2020 | Source: Platts

India's domestic coal sector continues to undergo reform as the country looks to meet its growing energy demand with thermal coal, while simultaneously replacing imports with domestic production, union ministers said Wednesday.

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Baltic index slides for 19th consecutive session

08 Jan 2020 | Source: Reuters

Jan 7 (Reuters) - The Baltic Exchange’s main sea freight index fell for the 19th straight session to an over eight-month low on lower demand across all vessel segments.

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Spot volumes rise for 4Q 2019 premium coking coal

08 Jan 2020 | Source: Argus Media

Spot trade volumes in the final quarter of 2019 rose to 3.6mn t for fob Australia trades and 4.8mn t for cfr China trades as trading firms hoarded cargoes in anticipation of restocking by Chinese steel mills early this year.

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Low consumption drags on Indian coking coal imports

08 Jan 2020 | Source: Argus Media

Indian coking coal import volumes rose slightly in April-December from a year earlier as steel producers cut production rates in the fourth quarter on weak demand.

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Indonesia sets Jan HBA thermal coal price at $65.93/mt, down 0.6% from Dec

08 Jan 2020 | Source: S&P Global Platts

Singapore — The Indonesian Ministry of Energy and Mineral Resources set its January thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $65.93/mt, down 0.6% on the month and down 28.7% on the yea....

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US coking coal exports decline amid cuts

10 Dec 2019 | Source: Argus Media

US coking coal exports fell by 35.1pc on the year to 3.48mn t in October as shipments to Europe and Asia-Pacific declined, trade data show, reflecting steel capacity cuts and lower mine output.

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