Coal Market News

Mexico's CFE to buy 360,000t of coal: Update

22 Mar 2019 | Source: Argus

Mexico's state-owned power company CFE will buy 360,000t of coal from Coahuila state producers to fuel two plants in that state's Nava municipality, senate energy commission president Armando Guadiana said.

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Thailand's Feb coal imports slide 12% on year to 1.69 mil mt

22 Mar 2019 | Source: S&P Global Platts

Thailand imported 1.69 million mt of coal comprising mainly bituminous, anthracite and other coals in February, down 12.2% year on year, according to customs data released Thursday.

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Miners that dodged met coal-fueled bankruptcy now haunted by reliance on thermal

22 Mar 2019 | Source: S&P Global Platts

Major U.S. coal producers that bit the bullet early and filed for bankruptcy a few years ago are now enjoying the benefits of improved coal markets and clean balance sheets, but the companies that avoided that first wave of reorganizations now find t....

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Fears the United States could displace Australian coal in China

22 Mar 2019 | Source: Brisbane Times

Australian officials are increasingly concerned that trade negotiations between China and the United States will lead to a special deal between the two countries that displaces Australia's exports, including coal, to its biggest market.

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More Chinese ports delaying Australian thermal coal imports: sources

22 Mar 2019 | Source: S&P Global Platts

An increasing number of Chinese ports are holding up Australian coal shipments, with long delays now being reported at Fuzhou port in the southeastern Fujian province, Rizhao in Qingdao and Yingkou in Dalian, according to traders and end-users in Chi....

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European coal imports from Russia rise

20 Mar 2019 | Source: Argus

Coal consuming countries in northwest Europe raised Russian thermal coal imports by 4pc or 1.5mn t on the year to 43.73mn t last year, according to data from GTT. Receipts from Russia increased despite a drop of overall northwest Europe's import....

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More Chinese ports delaying Australian thermal coal imports: sources

20 Mar 2019 | Source: S&P Global Platts

An increasing number of Chinese ports are holding up Australian coal shipments, with long delays now being reported at Fuzhou port in the southeastern Fujian province, Rizhao in Qingdao and Yingkou in Dalian, according to traders and end-users in Chi....

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South Korean government to increase tax on bituminous coal to reduce fine dust pollution

20 Mar 2019 | Source: Hankyoreh

Starting in April, the tax that South Korea places on bituminous coal will increase from 36 won to 46 won (US$1=1,130.62 won) per kilogram, while the tax on liquefied natural gas (LNG) will be cut sharply from 91.4 won t....

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Coal exporters forced to divert ships as China port delays intensify

19 Mar 2019 | Source: Sydney Morning Herald

Ships carrying Australian coal originally bound for China have been either diverted or offered to buyers in other countries, as the coal delays at Chinese ports intensifies.

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Australian coal in the firing line of Chinese 'environmental' crackdown

19 Mar 2019 | Source: Brisbane Times

China's crackdown on coal imports has become significantly harsher, with Australian and Mongolian coal being particularly targeted for inspection on "environmental" grounds.

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