Coal Market News

Coal price renaissance: how long can it last?

27 Sep 2022 | Source: Mining.com

Over the last year and a half, the renaissance of coal – both kinds – has been gobsmacking. No one saw coal prices of $400 to $600 per tonne coming, including those in the coal industry. &#x....

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With comfortable coal stocks, no power crisis this festive season

27 Sep 2022 | Source: Daily Poineer

India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired power stations across the country have comfortable levels of the fuel stock to meet electricity demand of the world's fastest expanding major economy.&....

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Vietnam targets higher coal imports as domestic demand climbs

15 Aug 2022 | Source: S & P Global Commodity Insights

Vietnam has forecast a substantial increase in coal imports over the next 12-15 years, particularly from the power sector, on rising domestic demand, according to a draft strategy for the coal industry from the Ministry of Industry and Trade, or MoIT....

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Coal's skyrocketing prices could last years on Russia disruption

11 Aug 2022 | Source: Bloomberg

Coal's remarkable from a fuel left for dead to one of the world's hottest commodities is likely to last for years. Europe’s plans to wean itself off Russian fuels will support the coal market in two distinct ways, b....

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German coal imports expect flurry of shipments from September

11 Aug 2022 | Source: Reuters

FRANKFURT, Aug 9 (Reuters) - Germany's hard coal importers expect more shipments from next month when generators will seek to switch to more coal burning and away from Russian gas, but fear logistics problems could hamper deliveries.&#....

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China's July coal imports surge 24% to meet peak power load

08 Aug 2022 | Source: Reuters

China’s coal imports in July rose by nearly a quarter from June to near the highest levels so far this year as power generators increased purchases to provide for peak summer electricity demand. Arrivals of the fuel totalled ....

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India backs down from coal import targets for utilities, notice shows

03 Aug 2022 | Source: Reuters

NEW DELHI, Aug 2 (Reuters) - India has eased coal import targets for utilities, according to a notice from the power ministry reviewed by Reuters, setting aside a target for them to import 10% of their coal needs and marking yet anothe....

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Globally more is being spent on coal than copper mining

03 Aug 2022 | Source: Mining.com

New data from Industrial Info Resources show 4,790 metals and minerals capital projects (including mining, processing and refining) with a combined investment value of $443 billion are currently under construction around the world. A f....

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India's coal imports hit record high in June

12 Jul 2022 | Source: Reuters

NEW DELHI, July 11 (Reuters) - India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as economic activity picked up and amid a domestic shortage of ....

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Europe imports more South African coal as Russian ban looms

16 Jun 2022 | Source: Reuters

European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from South Africa's main export hub in the first five months of this year than over the whole of 2021, figures obtained by Reuters showed on Wedne....

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