Int'l thermal coal market lacks strong incentives to move upward
International thermal coal prices sustained the weakness last week, with no prominent supportive factors showing around. The prices growth in high-calorific value (CV) cargoes notably contracted, whil
Indonesian thermal coal prices face downward risk from lower tender offers
Indonesian spot thermal coal prices are likely to move downward, pressed by lower offers for tenders released by Chinese power utilities.On April 11, a Fujian-based utility closed a tender for several
Global thermal coal trades expected to fall in the next five years, REQ
Global thermal coal trades are anticipated to broadly decline over the next five years, yet with mixed trends in different nations, according to the Resources and Energy Quarterly issued by Australia'
Indonesian coal producers underperform in 2023 amid price decline
Indonesian coal companies experienced substantial decreases in their net profits last year, mainly due to the decline in coal prices, according to their annual reports of late.PT Adaro Energy Indonesi
India doubles new coal-fired power capacity in 2023
India added 5.5 GW of new coal-fired power capacity in 2023, doubling the capacity added in 2022, according to the Global Energy Monitor's annual survey,.Last year also marked the lowest rate of coal
South Africa's coal industry faces regulatory scrutiny amid calls for sustainability
South Africa's coal industry is facing increasing regulatory scrutiny as concerns mount over environmental sustainability and compliance with air-quality standards.The industry, long regarded as a cor
Russian Railways aims for record coal transport via Eastern Polygon in 2024
Russian Railways has set ambitious targets for coal transportation via the control section of the Eastern Polygon in 2024, aiming to deliver 111 million tonnes throughout the year, according to a TASS
Mongolian coal exports rebound in Mar, MCGA
Mongolia's coal exports totaled 17.66 million tonnes over January-March 2024, increasing 28.14% from the year-ago level, according to the latest data from the Mongolian Customs General Administration
Russia Mar seaborne coal exports down 8.1% on mth, Kpler
Russia's seaborne coal exports declined 8.11% month on month to 10.86 million tonnes in March 2024, according to Kpler's cargo-tracking data.The volume was also 29.81% lower compared with the same mon
(Writing by yan.sun Editing by Harry Huo)
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