Coal Market News

Russian coal output rises

16 Jan 2019 | Source: Argus

Russian coal production rose by 6pc, or almost 24mn t, in 2018 compared to 2017 to 433.2mn t, according to data from state energy information agency CDU TEK. This exceeded the energy ministry's forecast of 425mn t. Thermal coal accounts for most....

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Aspire set to pounce on supply gap for coking coal

16 Jan 2019 | Source: The West Australian

The stars are aligning for Perth based, Mongolian focussed coking coal developer, Aspire Mining, with a recent report indicating that the company’s flagship Ovoot coal project could help fill a significant supply shortage of “fat” c....

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Rainy weather helps boost Indonesian coal seller hopes

15 Jan 2019 | Source: Argus

Bad weather in Indonesia and slightly tighter physical coal supply ahead of the lunar new year in February appeared to boost seller optimism at the start of this week.

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Australia's Queensland state exports record 223 mil mt coal in 2018

15 Jan 2019 | Source: S&P Global Platts

The Australian state of Queensland set a new record for exporting coal in 2018 with 223.2 million mt, eclipsing the previous 2016 record by 2 million mt, industry body the Queensland Resources Council said Tuesday.

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Queensland coal exports hit record high, Greens claim jobs numbers don't stack up

15 Jan 2019 | Source: ABC News

Queensland's coal exports have reached a record high and yearly totals are predicted to continue growing, the Queensland Resources Council (QRC) says.

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China's annual coal imports in 2018 at 10.23 mil mt, up 3.9% on year

15 Jan 2019 | Source: S&

China imported 10.23 million mt of crude coal, including thermal coal, metallurgical coal and other coals, down 55% on year, and down 46.6% from November, preliminary figures from China General Administration of Customs, or China Customs, s....

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China's 2018 coal imports at four-year high despite curbs

14 Jan 2019 | Source: Reuters

China’s coal imports rose to 281.5 million tonnes in 2018, the highest annual figure in four years, customs data showed on Monday, despite a government push to cap shipments at last year’s level.

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Metallurgical coal quality differentials evolve on policy, market shifts

14 Jan 2019 | Source: S&P Global Platts

China's National Development and Reform Commission in mid-November imposed further port restrictions on coking coal and thermal coal to last until the end of 2018 at ports across China. Evidently, this move resulted in a slowdown in buying activ....

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China's steel prices rise on restocking; coking coal jumps 3 pct

14 Jan 2019 | Source: Reuters

Chinese steel futures edged higher on Monday, with rebar up over 1 percent as traders rebuilt stocks, while prices of coking coal climbed more than 3 percent following a deadly coal mine collapse in Shaanxi province on Saturday.

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Coal expected to be Australia's most valuable export in 2018-19

14 Jan 2019 | Source: Nikkei Asian Review

Coal is expected to become Australia's most valuable export for the first time in nine years in fiscal 2018 ending June this year, as increasing concentration in the mining industry pushes up prices and exports to China and other countries in As....

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