Coal Market News
China’s 2024 coal imports to reach new record high, industry group says
13 Aug 2024 | Source: ming,com
A key Chinese coal industry group said on Wednesday it expects coal imports this year to reach at least 500 million metric tons, exceeding previous record highs and forecasts by market participants.
Coal imports in 2024 will hit th....
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Coal to remain a dominant power source in India
07 Aug 2024 | Source: S&P Global
Coal is poised to remain a dominant power fuel in India for nearly two decades despite popular belief that renewables will be fueling majority of power in Asia, and primarily India, as huge investment required to build green capacities and intermitte....
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Stable coal consumption expected through to 2025 as electricity demand surpasses renewables supply
25 Jul 2024 | Source: Mining Weekly
Despite the rapid expansion of renewable energy generation capacity, the considerable growth of electricity demand in key economies indicates the world’s consumption of coal will stay largely stable this year and next, intergovernmental agency ....
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Coal records 10.2% growth among eight key infra sectors in May
12 Jul 2024 | Source: Helling Shipping News Worldwide
The coal sector has demonstrated growth of 10.2% (provisional), following the electricty indutrsy among eight core industries for the month of May, 2024 as per the Index of Eight Core Industries (ICI) (Base Year 2011-12&....
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International coal prices continue upward trend
16 Apr 2024 | Source: The Coal Hub
The thermal coal market continues to be influenced by the supply disruption stemming from the bridge collapse in Baltimore, USA, which occurred two weeks ago. This disruption is driving up prices for coal from the USA and South Africa. Meanwhile, Rus....
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What’s next for Australian coal?
09 Apr 2024 | Source: Australian Mining
The global appetite for coal grew eight per cent in 2023, but global conditions and volatile weather patterns are setting an uncertain stage for the commodity. Australian Mining investigates.
The Federal Government’....
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Domestic coal market sees no immediate impact from Port of Baltimore closure
09 Apr 2024 | Source: SP Global
The closure of the Port of Baltimore following the collapse of the Francis Scott Key Bridge has temporarily halted all shipping traffic, including about 28% of US coal exports, the US Energy Information Administration said March 28.
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ICE working on nickel derivatives with new trading platform
27 Mar 2024 | Source: FOW
Intercontinental Exchange is working on nickel derivatives contracts, making the US group the first major exchange to move on nickel since the London Metal Exchange suspended trading in that metal two years ago.
ICE said it is work....
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Global Commodities Holdings to work with ICE to create nickel contract
27 Mar 2024 | Source: Reuters
LONDON, March 27 (Reuters) - UK-based Global Commodities Holdings Ltd (GCHL) will launch its physical metals platform next month starting with nickel which will be traded for delivery in locations from Baltimore to Yokohama, the c....
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Indonesia approves 2024 coal production quota of 922 mil mt: ministry
22 Mar 2024 | Source: SP Global
The Indonesian government has approved 922.14 million mt of coal production quota, popularly known as RKAB, for 2024, up nearly 30% from the targeted volume, the Energy and Mineral Resources ministry said in a statement March 20.
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