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Weekly global coal market news summary (Aug 1-5)

sxcoal.com International,  Thermal Coal,  Coking Coal 2022-08-05 16:37:18

Indonesia threatens to ban coal exports again if miners refuse domestic supply

Indonesia will revoke export permits of coal miners who refuse to supply domestic power group PLN, CNBC Indonesia reported, citing Ar...

 

Russian Jul seaborne coal exports fall 6.19% MoM, Kpler

Russia's seaborne coal exports totaled 15.7 million tonnes in July, marking a year-on-year decrease of 3.14% and down 6.19% month on ...

                      

Infographic | Indonesian coal exports in Jun 2022

Infographic | Indonesian coal exports in Jun 2022

 

Mongolian weekly coal exports jump 180% on yr

Mongolian coal exports grew drastically by 180% from the year prior to 666,300 tonnes over the week of July 22-28, Mongolian media re...

 

Mongolian coking coal prices track Chinese offers higher

Imported Mongolian coking coal prices started to rebound at China's Ganqimaodu border crossing this week, tracking an uptrend in majo...

 

South Africa suffers from another power crisis

South Africa's state electricity company Eskom announced on August 3 that it has escalated power cuts from the original Stage 2 to St...

 

India eases coal import targets for utilities

India has reportedly loosened its requests for coal imports by power utilities, abandoning the previous mandate to import 10% of thei...

 

India: Will relaxation in coal import norms trigger fresh supply crunch for non-power sector?

Indian government has eased the burden on power producers by lowering their coal import targets meant for blending purpose. ...

 

Australia's New Hope buys 15% stake in Malabar Resources

Australia's New Hope Corp Ltd has bought 15% stake in unlisted Malabar Resources Ltd for $ 65.25 million to increase its income amid ...

(Writing by Tammy Yang  Editing by Harry Huo)
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