• Weekly global coal market news summary (Oct 30-Nov 3)

    sxcoal.com General,  Price 2023-11-03 16:25:23

    Newcastle thermal coal prices fall to $126/t on weak demand outlook in Europe

    Newcastle thermal coal prices have dropped once again, falling to the lowest in 28 months, hurt by the weakened demand expectations in Europe where the winter heating has been delayed by warmer weathe

     

    Indonesia excludes captive coal plants from $20b energy transition plan

    Indonesia has revised its 2030 carbon emissions target for the power sector, excluding captive coal-fired power plants from a draft roadmap aimed at securing $20 billion in funding from wealthy nation

     

    Int'l thermal coal prices fall as Asia-Pacific demand remains weak

    International thermal coal prices registered an overall price decline last week. Although supply – especially from Indonesia – remained tight, tepid demand in the Asia-Pacific region overweighed the i

     

    Coal India Oct coal output up 15.5% YoY

    State-owned Coal India Ltd (CIL) produced 61.10 million tonnes of coal in October 2023, up 15.5% from a year earlier and 18.87% from the preceding month. The figure notched a new high so far this fisc

     

    Kazakhstan to extend road coal export ban by 6 mths

    Kazakhstan decides to extend its ban on coal exports by road for another 6 months, effective from November 26, AKIpress News Agency reported, citing the Ministry of Industry and Construction of the co

     

    Poland Sep hard coal output up 9.3% on yr, lignite down 30.4%

    Poland's hard coal production was 4.2 million tonnes in September, rising 9.3% from a year ago and 8.8% from a month ago, official statistics showed.Lignite production reached 3.24 million tonnes in t

     

    Russia's Sep coal output up for 3rd mth

    Russia's coal production climbed 2.65% from a month earlier to 35.02 million tonnes in September, marking a three-month sequential increase, according to data from the Russian Federal State Statistics

     

    Glencore Jan-Sep coal output rises 2.4% YoY

    Global mining giant Glencore said its coal production during January-September increased 2.4% from 81.9 million tonnes last year to 83.9 million tonnes, according to its operating report on October 30

     

    Fire accident at ArcelorMittal coal mine in Kazakhstan claims 45 lives

    A fire broke out at the Kostenco coal mine in Kazakhstan, owned by global steelmaker ArcelorMittal, resulting in the loss of 45 lives, Reuters reported, quoting the emergency service officials.The tra

     

    (Writing by Rebecca Liu  Editing by Harry Huo)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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