Coal Market News

US coking coal exports decline amid cuts

10 Dec 2019 | Source: Argus Media

US coking coal exports fell by 35.1pc on the year to 3.48mn t in October as shipments to Europe and Asia-Pacific declined, trade data show, reflecting steel capacity cuts and lower mine output.

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S.Korea shuts down 10 coal-fired power plants to curb pollution

10 Dec 2019 | Source: Reuters

South Korea has shut down 10 coal-fired power plants on Tuesday as part of its anti-pollution campaign, the energy ministry said.

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Banks lent $1 trillion for coal power plants: Report

10 Dec 2019 | Source: Straits Times

Financial institutions have channelled US$745 billion (S$1 trillion) over the past three years into companies planning new coal-fired power plants, according to a report by environmental groups which are urging global banks to sto....

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China's Jan-Nov coal imports rise 10% on year to 299 mil mt; exceed 2018 total

09 Dec 2019 | Source: S&P Global Platts

China imported 299.3 million mt of coal, including thermal and coking coal, over January-November, up 10.2% year on year

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COLUMN-Coal use for electricity slips, but China, India concerns remain: Russell

26 Nov 2019 | Source: Reuters

A record drop in the amount of electricity generated from coal is likely this year, something that sounds positive for efforts to mitigate climate change, but things are seldom that simple.

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Despite the Talk of Coal’s Demise, It Still Powers the World

26 Nov 2019 | Source: Bloomberg

For all the talk of ditching fossil fuels to fight climate change, coal remains king in much of the world. The amount of electricity generated from coal jumped 7% in the developing world last year, according to BloombergNEF&rs....

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Russian coal: India takes more thermal coal from Russia

25 Nov 2019 | Source: Argus

Indian imports of Russian thermal coal rose by 72pc on the year, to 2.7mn t in January-September this year, shipping data show, in line with an increase in the country's total coal imports amid greater coal-fired demand early in the year.

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Russian coal exports remain high

25 Nov 2019 | Source: Argus

Total Russian coal rail exports were almost flat on the year in October but rose by 3pc on the month to 17.75mn t. Year-on-year increases were registered at southern and far eastern ports, while shipments to border crossings and La....

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China Set for Massive Coal Expansion in Threat to Climate Goals

25 Nov 2019 | Source: Bloomberg

China has enough coal-fired power plants in the pipeline to match the entire capacity of the European Union, driving the expansion in global coal power and confounding the movement against the polluting fossil fuel, according to a report.

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China thermal coal prices under pressure, India to gain ground in 2020

22 Nov 2019 | Source: Platts

Chinese thermal coal prices are likely to come under pressure in 2020 from rising domestic output, while India makes further gains in its quest to surpass China as the world's largest thermal coal importer. India's increa....

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