Coal Market News

US Hampton Roads coal exports fall to 2.5-year low in July

16 Aug 2019 | Source: S&P Global Platts

Coal exports out of the terminals in the Hampton Roads region in Virginia were at a 2.5-year low 2.49 million st in July, down 11.7% from 2.82 million st in June, Virginia Maritime Association data showed Thursday.

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China's rising steel output in balance with domestic property demand

16 Aug 2019 | Source: S&P Global Platts

China's apparent consumption of crude steel over January-July rose 8.9% on year to 526.76 million mt and will be robust enough to absorb the surge in domestic steel production this year, according to S&P Global Platts estimates.

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Japan's construction plans for new coal-fired power stations

15 Aug 2019 | Source: Reuters

Japanese companies have cancelled plans to build about 4,800 megawatts (MW) of coal-fired power generation capacity since 2017, according to a Reuters survey. Nevertheless the country still plans a wave ....

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Coal may be dying, but growth in the seaborne market says not yet

15 Aug 2019 | Source: Reuters

The prevailing market view on coal is that the industry is now facing terminal decline, as renewables and natural gas displace the polluting fuel. The problem is the facts don’t quite fit the narrative.

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China's commodity imports surge, confound trade war fears: Russell

08 Aug 2019 | Source: Reuters

Forget the drop in the dollar value of China’s imports in July, the important numbers were the bumper purchases of major commodities including crude oil, coal, iron ore and copper.

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Australia's Queensland offers 5 areas for coal exploration as Asian demand set to rise: sources

08 Aug 2019 | Source: Platts

The government in Queensland, Australia has released a tender for coal exploration in five new areas in Bowen Basin, which could potentially add more thermal coal volume to meet Asian coal demand in the future, market sources said Wednesday.

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Indonesia raises coal benchmark price for first time in a year in Aug

05 Aug 2019 | Source: Reuters

The Indonesian government has set its coal benchmark price (HBA) for August at $72.67 per tonne, according to an official document from the Energy and Mineral Resources Ministry

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Vostochny port paves the way for increased loadings

05 Aug 2019 | Source: Argus

Vostochny Port — the largest coal stevedoring firm in Russia's far east — is ready to complete the third development phase of its specialised coal terminal, boosting the terminal's capacity to 50mn-55mn t/yr, having handled....

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Trump Officials Still Pushing for a Coal Bailout, Regulator Says

05 Aug 2019 | Source: Bloomberg

High ranking officials in the Trump administration are still pushing to bail out money-losing coal plants, more than a year after an earlier proposal to revive the industry failed.

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China’s Australian coking coal imports double in June

30 Jul 2019 | Source: Argus

China's imports of Australian coking coal more than doubled in June from the previous month as sustained strength in import volumes prompted the government to enforce additional restrictions.

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