Coal Market News

Whitehaven bullish on thermal coal prices as it lifts output and sales

12 Oct 2017 | Source: The Australian Business Review

Whitehaven Coal chief Paul Flynn has given a strong outlook for the price of thermal coal used in power plants, saying Chinese buying has increased and that Taiwan’s new power stations are pushing up demand for higher-quality Australian coal.

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CAPP thermal coal market awaiting large Duke solicitation awards

11 Oct 2017 | Source: Platts

A leery domestic Central Appalachian thermal coal market is anxiously awaiting word from Duke Energy on term contracts that could stretch as far out as 2020.

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Indonesia’s Oct HBA thermal coal price jumps 36% on year to $93.99/mt

09 Oct 2017 | Source: Hellenic News

Indonesia’s Ministry of Energy and Mineral Resources set its October thermal coal reference price, also known as Harga Batubara Acuan or HBA, at a 10-month high of $93.99/mt, up 2% on the month and 36.1% higher year on year.

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Indian growth to spur demand for coal: OCE

05 Oct 2017 | Source: The Australian Business Review

India could require up to one billion tonnes of steel a year by 2035 — more than China now produces — as it undergoes potentially game-changing growth that could spur demand for Australian coking coal and iron ore, according to Australia’s Office of ....

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Lights Out? Now Australia's Got a Coal Shortage

03 Oct 2017 | Source: Bloomberg

The world’s second-biggest seller of liquefied natural gas is already threatening producers with export curbs as it struggles to find enough supply for its own use. Now one of the largest thermal coal shippers is scrambling to replenish stockpiles at....

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Seaborne coking coal prices under pressure as China goes on holiday

03 Oct 2017 | Source: MetalBulletin

The seaborne coking coal market was quiet as expected on Friday September 29 ahead of a week-long holiday in China, though the outlook remains weak amid concerns over Chinese demand.

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October 3, 2017 / 6:59 AM / Updated 4 hours ago

03 Oct 2017 | Source: Reuters

LAUNCESTON, Australia, Oct 3 (Reuters) - China’s coal import data for August flung up an interesting anomaly in the form of renewed imports from North Korea, but of far more interest is the surge in cargoes from Russia.

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China steel futures edge up, coke, coking coal extend losses

02 Oct 2017 | Source: Reuters

BEIJING (Reuters) - China’s steelmaking raw materials extended their losses on Tuesday, with coke on a nine-day losing streak, even as steel was boosted by bargain-hunters and closures of bearish positions ahead of the quarter-end and Chinese holiday....

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Indian Thermal Coal Imports: Running Out Of Steam?

29 Sep 2017 | Source: Hellenic Shipping

For some time, India was a positive driving force in seaborne steam coal trade, with rapid import growth recorded between 2008 and 2014. However, consistently increasing domestic coal production has had a significant impact on Indian steam coal impor....

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Lights Out? Now Australia's Got a Coal Shortage

28 Sep 2017 | Source: Bloomberg

The world’s second-biggest seller of liquefied natural gas is already threatening producers with export curbs as it struggles to find enough supply for its own use. Now one of the largest thermal coal shippers is scrambling to replenish stockpiles at....

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