Coal Market News

China coal prices hit record highs, early winter chill adds to energy woes

15 Oct 2021 | Source: Reuters

BEIJING, Oct 15 (Reuters) - China's energy crisis deepened on Friday as cold weather swept into much of the country and power plants scrambled to stock up on coal, sending prices of the fuel to record highs. Electric....

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China eyes coal output boost, higher power prices to ease shortages

11 Oct 2021 | Source: Reuters

BEIJING/SINGAPORE, Oct 8 (Reuters) - China has ordered its two top coal regions to boost output and will allow coal-fired power utilities to charge customers higher prices as the country battles its worst power crunch in years. &#x....

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Delhi chief minister warns of power crisis due to coal shortage

11 Oct 2021 | Source: Reuters

NEW DELHI, Oct 9 (Reuters) - Delhi Chief Minister Arvind Kejriwal on Saturday warned of a power crisis in the Indian capital due to a coal shortage, which has already triggered electricity cuts in some of the country's eastern and nort....

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Steel Mills In India Pay Four Times More for Coal On Low Supply

07 Oct 2021 | Source: Deccan Herald

A coal shortage in India has led to soaring costs for steel producers as they compete with other industrial consumers for supply. Mills are paying more than four times the normal costs for procuring coal from e-auctions and from mines, according to .....

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Coal Crisis Leaves India With Few Options to Avoid Power Crunch

07 Oct 2021 | Source: The Economic Times

India is grappling with an escalating crisis as stockpiles of coal, the fuel used to generate about 70% of the nation’s electricity, dwindle to the lowest in years just as power demand is set to surge. Coal-fired power s....

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Record thermal coal price adds to global energy crunch

28 Sep 2021 | Source: Financial Review

Prices for Australian thermal coal have surged to a record high and futures prices suggest the rally could continue in the months ahead, adding pressure to the energy price crunch that is already hurting European and Asian consumers. &#....

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Europe Faces Energy Price Shock With Gas and Power at Records

07 Sep 2021 | Source: Bloomberg

Europe is facing an energy price shock as the cost of natural gas and electricity surges to record levels.

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China Aug coal imports rise 36% on tight domestic supply

07 Sep 2021 | Source: Reuters

BEIJING, Sept 7 (Reuters) - China’s coal imports in August rose 35.8% from a year ago as buyers rushed to source the dirty fuel from overseas due to tight domestic supply and strong demand.

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Asia's coal prices hit new highs as global utilities scramble for fuel

07 Sep 2021 | Source: Reuters

BEIJING/CHENNAI, Sept 7 (Reuters) - Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said.

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US coal exports reach two-year high in June: Census

06 Aug 2021 | Source: Platts

The US exported a combined total of 7.11 million mt thermal and metallurgical coal in June, the highest monthly level since June 2019, according to Census Bureau data released Aug. 5.

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