Coal Market News

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27 Apr 2017 | Source: Platts

Mining giant BHP Billiton saw its thermal coal production rise 9% year on year and 12% from the October-December period to 7.42 million mt over January-March, the company said Wednesday in its quarterly results.

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Thermal Coal Prices: What’s In Store for 2017?

21 Apr 2017 | Source: Economic Calendar

Thermal coal prices more than doubled last year after China reduced the number of working days at most of its mines. After soaring in 2016, thermal coal prices fell in 2017 after China said it would relax its regulations on coal miners. They have sin....

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Indian buying interest prompts European thermal coal reloads: sources

19 Apr 2017 | Source: Platts

Increased Indian buying interest for lower specification grades of thermal coal has prompted up to two reloads out of the Amsterdam-Rotterdam-Antwerp trading hub in a rarely seen trading move, numerous sources told S&P Global Platts April 13.

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Met coal spike unlikely to fuel deals or growth projects: analyst

19 Apr 2017 | Source: Platts

Publicly traded US coal producers aren't likely to splurge on acquisitions or growth projects in the coming years, and instead should distribute their earnings to shareholders, an equity analyst report said Tuesday.

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Outlook 2017: Themes to watch in 2017 for the Asia thermal coal market

12 Jan 2017 | Source: Platts

Volatility is the watchword for the thermal coal market in 2017 following a turbulent 2016 when Beijing's self-imposed production constraints fuelled a massive rise in thermal coal prices right across the Asian seaborne market in the second half of 2....

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Atlantic thermal coal derivative volumes up 13% on year in 2016: LEBA

12 Jan 2017 | Source: Platts

Traded volumes of Atlantic market thermal coal derivatives rose 13% on the year in 2016 to 3.42 billion mt, with the year being the first that Australian globalCOAL Newcastle futures were included in the total, according to data Wednesday from the Lo....

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Coal price rise a $770m Australian bonus for Peabody

11 Jan 2017 | Source: The Australian Business

Increased coal prices have bankrupt US miner Peabody Energy expecting a $US562 million ($767m) Australian windfall from its previously loss-making mines

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US west coast thermal coal cargoes primed for Korean market: sources

11 Jan 2017 | Source: Platts

US thermal coal shipped from the Pacific Ocean-facing Westshore coal terminal in Vancouver, Canada could be setting sail for South Korea in the next few months to pose a direct challenge to Indonesian shipments, market sources said Tuesday.

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One more Trump coal threat for Australia

11 Jan 2017 | Source: MacroBusiness

I don’t think the US exporting thermal coal to Asia is likely. But it is one more Trump risk for Australian coal that I was reminded of when I saw the latest EIA coal charts

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US coal exports higher in November, including China-bound cargoes

10 Jan 2017 | Source: Platts

US coal exports totaled 5.95 million mt in November, up 34.8% from the prior month and up 39.2% from the year-ago month, US Census data showed Friday.

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Indonesia’s January HBA thermal coal price slumps 15% on month

09 Jan 2017 | Source: Hellenic News

Indonesia’s Ministry of Energy and Mineral Resources set its January thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $86.23/mt, falling 15.2% from December and recording its first drop in seven months.

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China's miners gamble on spot coal despite Beijing pressure

05 Jan 2017 | Source: Reuters

* Coal mines hope prices stay strong as output slow to rise * Miners agree some fixed-price deals with utilities for 2017 * But keeping most 2017 output available for spot market * Spot prices already down from highs, highlighting strategy....

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