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Weekly global coal market news summary (May 25-May 29)

sxcoal.com General,  International 2020-05-29 14:43:06

Weakening sentiment in China dampens Indonesian thermal coal trading

Weakening sentiment among Chinese end users is slowing trading activity of Indonesian thermal coal, hitting miners at a time when dem...

 

Australian exports fall in Apr, resources demand stay strong

Australia's exports fell A$4 billion ($2.61 billion), or 12%, in April from record highs the previous month even though demand for re...

 

The spike before the slump? Australian coal exports to China soar in May

Australia's coal exporters are bracing for a slump in shipments to China, making it somewhat ironic that May is likely to be the stro...

 

CIL coal supply to power sector dips 22% to 32 Mt in Apr on demand slump

The supply of coal to the power sector by state-owned Coal India has dropped 22% to 31.95 million tonnes in April amid slump in the f...

 

Indian govt may launch coal blocks auction process under commercial mining on Jun 11

India's central government is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mi...

 

Indian thermal power plants allowed using coal with high ash content

The environment ministry has decided that it will no longer regulate the ash-content of coal used by thermal power plants. On May 21,...

 

Thermal coal imports for blending in India to be eliminated in FY2020-21

Indian government has decided to bring to zero import of coal for blending purpose by domestic coal-based power plants in the current...

 

Mining and mineral sector in India hit due to Covid-19 led slowdown: KPMG

Both state and central government exchequers in India are expected to get affected as collections against statutory levies and taxes ...

 

S Africa Richards Bay Apr coal exports plunge to 9-yr low

Coal exports from Richards Bay Coal Terminal (RBCT), the largest coal port in South Africa, hit a nine-year low in April, as slump in...

 

Thailand Apr thermal coal imports slid 6% MoM

Thailand imported a total of 2.39 million tonnes of thermal coal (including bituminous coal and sub-bituminous coal) in April, rising...

(Writing by Emma Yang  Editing by Jessie Jia)
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