Weekly global coal market news summary (Oct 11-Oct 15)

sxcoal.com General,  Viewpoint,  Price 2021-10-15 15:27:51

Indonesian thermal coal prices jump higher amid solid Chinese demand

Indonesian thermal coal prices posted big rises on October 14, supported by robust demand and positive bids from Chinese buyers. ...


Indonesia Aug coal exports at 7-mth high; China intakes double

Indonesia's coal exports reached a 7-month high of 37.72 million tonnes in August, up 28.8% from the year-ago level and 12.65% from t...


India allows captive coal mines to sell 50% of output to market

India's captive coal mines, which produce coal for their own downstream companies, are allowed to sell half of their annual output in...

 

Indian state-run ports' coal imports at yr-low in Sep

India's coal imports from 12 state-run ports sank to a new low since October last year in September 2021, data showed. C...

 

Indian allows power plants to use imported coal to blend with domestic fuel

The Indian government asked utilities to use at least 10% of imported coal to blend with domestic fuel to ease the current coal short...


India says it has ample coal stocks, but Delhi minister tells a different story

India's coal stocks are currently abundant to meet the needs of power generation, a coal ministry statement said on October 10, but t...


Vietnam Sep coal imports register 7-mth low

Coal imports of Vietnam came in at 2.14 million tonnes in September, slumping 43.9% from the year-ago level and 43.8% from August, to...

 

US coal output to rise 10% YoY this year, EIA

The US coal extraction is estimated to grow 9.88% year on year in 2021 to 588 million short tons (533 million tonnes), showed the Sho...

 

Asian Development Bank lifts climate financing goal to $100 bln for 2019-2030

Asian Development Bank will raise its climate financing goal by $20 billion to $100 billion for the 2019-2030 period and will announc...


Soaring natural gas prices drive European electric companies back to coal

As natural gas prices soared in European countries, more and more power companies returned to coal-fired power generation with higher...


Russia coking coal exports at record high in Aug

Russia exported 4.14 million tonnes of coking coal in August, jumping 72.9% year on year and 105.49% month on month respectively, hit...


S Korea Sep coal imports up 15.69% MoM

South Korea imported 12.77million tonnes of coal in September, up 8.47% year on year and 15.7% month on month, showed South Korea cus...


Whitehaven coal output down 4% in Jul-Sep on poor weather

Australian coal producer Whitehaven Coal Co., Ltd. posted a 4% decline in commercial coal production over the first quarter of FY2021...


Richards Bay declares force majeure after a fire burns conveyor

Transnet Port Terminals (TPT), operator of South Africa's Richards Bay Dry Bulk Terminal, has declared force majeure on all operation...


World Steel revises down its forecast for global steel demand

The World Steel Association adjusted down its forecast for the year-on-year growth in global steel demand to 4.5% compared with the p...


(Writing by Emma Yang  Editing by Tammy Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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