Coal Market News

Met, thermal CAPP business boosts Rhino Q2 earnings

10 Aug 2017 | Source: Platts

An active Central Appalachian metallurgical and thermal coal market boosted Rhino Resource Partners' second-quarter business, the producer said Wednesday

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Glencore gets leases for 22 million mt/year Australian thermal coal project

10 Aug 2017 | Source: Platts

Mining giant Glencore has been granted the first mining leases for its major Wandoan thermal coal project in the Surat Basin in the Australian state of Queensland, the state government said.

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CHINA COKING COAL WRAP: Ex-mine price rises follow higher transport costs

09 Aug 2017 | Source: MetalBulletin

China’s domestic coking coal market kicked off August on a strong note, with ex-mine prices said to have increased by about 50-70 yuan ($7.40-10.40) per tonne.

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Japan's Itochu sees iron ore, coking coal prices falling later in 2017 -CFO

08 Aug 2017 | Source: Reuters

TOKYO, Aug 4 (Reuters) - Japanese trading house Itochu Corp's Chief Financial Officer (CFO) said on Friday the firm is maintaining its earlier assumption that natural resource prices such as iron ore and coking coal will weaken later this year, despi....

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Indonesia’s Aug HBA thermal coal price surges 44% on year to $83.97/mt

08 Aug 2017 | Source: Hellenic Shipping

Indonesia’s Ministry of Energy and Mineral Resources set its August thermal coal reference price, also known as Harga Batubara Acuan or HBA, at a seven-month high of $83.97/mt, up 44% year on year and 6.4% higher from June.

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Seaborne coking coal prices set to rise amid supply tightness

04 Aug 2017 | Source: MetalBulletin

Prices for coking coal are expected to rise further amid expectations of heightened scrutiny of Chinese coal mines to ensure their safety compliance, coupled with tight availability of spot cargoes of the steelmaking raw material.

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China's coal imports soar as India's stumble: Russell

04 Aug 2017 | Source: Reuters

LAUNCESTON, Australia (Reuters) - China's imports of coal from the seaborne market surged again in July, providing a stark contrast to a fourth consecutive monthly decline for India

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U.S. coal exports surge, but thank China, not Trump: Russell

03 Aug 2017 | Source: Reuters

LAUNCESTON, Australia (Reuters) - U.S. coal miners are almost certainly cheering the sharp rise in exports of their product, but their good fortune is mainly the result of Chinese domestic policies that have driven up global prices for the polluting ....

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Ukraine Coal Exports Part of Trump Bid to Counter Russia

02 Aug 2017 | Source: Bloomberg

A Pennsylvania company will send 700,000 tons of coal to Ukraine in a deal the administration of President Donald Trump heralded as an important tool to undercut the power Russia has over its European neighbors.

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Big paper gains spark bullish outlook for coking coal market

01 Aug 2017 | Source: MetalBulletin

Strong gains in China’s ferrous futures market on Monday July 31 have led to the conclusion that there is further room for seaborne coking coal prices to rise.

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