Weekly global coal market news summary (Jun 20-24)

sxcoal.com International,  Thermal Coal,  Coking Coal 2022-06-24 17:09:30

Australia's Queensland coal royalties hurt coking coal more than thermal coal

Australia's Queensland government has announced to raise its royalties on coal from July 1 following a 10-year freeze, with the top t...

 

Different voices on Queensland's new coal royalty scheme

The Queensland government in Australia announced to raise coal royalty by adding three new tiers to the current system on June 21. Th...

 

Can Indonesia fulfill Germany's additional 150 Mt demand?

The news that Germany approached Indonesia for thermal coal procurement in place of Russian imports has been reported with the fanfar...

 

Infographic | India coal imports in Apr 2022

Infographic | India coal imports in Apr 2022

 

Mongolia asks Gashuunsukhait to pilot unmanned coal transport, eyeing 10 Mt export increase

The Mongolian Prime Minister required related departments to initiate the pilot test for unmanned cross-border coal delivery at Gashu...

 

Indonesia has no plans to boost coal production despite more demand

Indonesia has no plans to enhance its coal output despite Europe's interest in purchasing from the archipelago as an alternative to R...

 

Australia's AMEO to lift electricity market suspension this week

The Australian Energy Market Operator (AEMO) said on June 22 that it would lift it suspension of spot electricity trade in stages sta...

 

Indonesia to impose carbon tax on coal plants next month

The Indonesian government will collect carbon tax from coal-fired power plants from July 1, 2022, as a trial run to roll out the carb...

(Writing by Tammy Yang  Editing by Harry Huo)
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1 Indonesian thermal coal prices rise on increased demand from China, India 2024-04-25

Indonesian thermal coal prices rose on April 25 due to increased interest from Chinese and Indian buyers. Yet, this price increase might not last long given the unchanged fundamentals.Chinese traders

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Stanmore Resources has signed agreements to acquire 100% ownership of two metallurgical coal projects, as per a statement released by the Australian coal miner.Stanmore Resources has entered into a de

3 Shaanxi's Q1 coal production flat; sales down 2.77% YoY 2024-04-25

Shaanxi province in northwest China produced 177.73 million tonnes of raw coal in the first three months of this year, maintaining the same level as the corresponding period in 2023, according to data

4 China's coking coal, coke markets firm on lower stocks 2024-04-25

China's coking coal and coke markets continued to gain support from low stocks ahead of the May Day holiday, mainly due to sustained demand from coking plants, steel mills and traders and regional sup

5 China Coal Daily Track (Apr 25) 2024-04-25

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7 CEC: China's power consumption to grow around 6% this yr 2024-04-25

China's power consumption may climb around 6% this year in a normal-weather scenario, an industry body forecast on April 24, factoring in economic growth, progressed electrification for energy use by

8 South32 coal output up 60% QoQ in Q3 FY24 2024-04-25

Australian miner South32 produced 1.41 million tonnes of coal during the third quarter of the financial year 2024 (January-March), increasing 60% from the previous quarter but falling 2% year on year,

9 Japan Mar crude steel output down 3.9% YoY 2024-04-25

Japan produced 7.2 million tonnes of crude steel in March, rising 2.9% month on month (MoM) yet down 3.9% year on year (YoY), according to data released by the Japan Iron and Steel Federation.The outp

10 Review: China Mar coking coal imports rebound amid surging Mongolian coal 2024-04-25

China's coking coal imports in March bounced back from a month ago, backed by prominent growth in Mongolian coal imports, customs data showed, with Mongolia and Russia remaining the top two suppliers.

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