Coal Market News

BC wildfire-linked rail disruptions to hit Teck Q3 coal sales

07 Jul 2021 | Source: Mining Weekly

Rail disruptions following last week’s devastating British Columbia wildfires have forced diversified miner Teck Resources to reroute coking coal shipments and the company has said that its third-quarter sales will be impacted

Read more >

South African coal export rail line partially reopens

07 Jul 2021 | Source: Argus Media

One of the main coal export rail lines to South Africa's Richards Bay Coal Terminal (RBCT) has partially reopened following a 31-car derailment on 3 July, but the other main line remains closed.

Read more >

Australia Gladstone ships record coal volumes to Japan

07 Jul 2021 | Source: Argus Media

Record shipments from Australia's port of Gladstone in Queensland to Japan bolstered coal exports from the port to a 17-month high in June even as Beijing continued to disrupt imports of Australian coal.

Read more >

Indonesia sets coal benchmark price at highest in a decade on Chinese demand

05 Jul 2021 | Source: Reuters

Indonesia set its coal benchmark price at the highest in more than a decade, an official document published by its energy and minerals ministry showed on Monday, supported by sustained demand from China.

Read more >

Bravus breaks first coal milestone at Carmichael

25 Jun 2021 | Source: Australian Mining

Bravus Mining and Resources has struck first coal at the Carmichael project in Queensland with the company on track for its first export later this year.

Read more >

Seaborne CFR China met coal prices hit 10-year high

25 Jun 2021 | Source: S&P Global Platts

Seaborne metallurgical prices, basis CFR China, hit the highest level in a decade on June 24, with PLV CFR China assessed at $308/mt, the highest since August 2011.

Read more >

Chinese steel futures rise; coking coal, coke log weekly gains

25 Jun 2021 | Source: Reuters

BEIJING, June 25 (Reuters) - Chinese steel and iron ore futures rose on Friday, while coking coal and coke both gained nearly 5% against a backdrop of strong demand at mills and supply tightness.

Read more >

Coking coal defies China bid to keep control of commodity costs

25 Jun 2021 | Source: Financial Times

Ban on Australian imports and fall in domestic production lead to price surge for steel mills

Read more >

China coking coal retreats after govt pledges to probe into prices

21 Jun 2021 | Source: Reuters

Chinese coking coal futures pulled back from early gains and logged the first weekly losses in a month after Beijing said it would look into coal prices and crack down on speculations.

Read more >

China Tightens Grip on Coal Market as Prices Continue to Rise

21 Jun 2021 | Source: Bloomberg

Chinese regulators shut more coal mines amid rising concern over industrial accidents as prices continue to rise for the fuel that provides half the country’s energy.

Read more >