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    Weekly global coal market news summary (Nov 13-Nov 17)

    sxcoal.com International 2023-11-17 16:26:14

    High-CV coal shipments to China squeeze Indonesian coal

    China's coal imports from Australia recovered this year following the lifting of a two-year-plus unofficial ban on Australian coal. This, combined with still resilient receipts from Russia, contribute

     

    Indonesian thermal coal under downward pressure amid soft demand

    Indonesian thermal coal prices were running sideways but with downward bias on November 16, as demand from China and India remained moderate, market sources noted. While Chinese traders need to buy som

     

    Will Australia recrown as China's top coking coal supplier in 2024?

    Despite the reopening of Chinese market to Australian coking coal this year, Chinese buyers have showed subdued import interest from the country, due to higher-than-average price levels. However, will

     

    Newcastle thermal coal futures falter on retreated buying from China

    Newcastle thermal coal prices slipped in the first two days of this week, failing to break the psychological $130/t level. This aligns with the spot market change as sufficient supply and weather fore

     

    India to boost coal production to meet high thermal power demand

    The coal ministry of India has unveiled a comprehensive plan to ramp up coal output and meet the country's ambitious targets for thermal power expansion by 2030 amidst domestic surging energy demand,

     

    Review: S Korea's Oct coal imports down 6.8% MoM, yet higher than yr-ago level

    South Korea's coal imports reported a continued sequential decline in October but a double-digit year-on-year growth due to a low base in the previous year.The country imported a total 9.09 million to

     

    Indonesia adjusts up Nov thermal coal HBA prices

    The HBA (Harga Batubara Acuan), or Indonesian Coal Price Index, has been raised in November after falling for three months in a row, according to the Ministry of Energy and Mineral Resources (ESDM).Fo

     

    Russian coal export expected at 220 Mt in 2023, energy ministry

    Russia's coal exports are expected to reach the level of 220 million tonnes and coal production at 440 million tonnes in 2023, an official with the country's energy ministry said lately.The forecasts

     

    China-Mongolia coal trade through Ganqimaodu facilitated by AGV transport

    The coal trade efficiency from Mongolia to China through Ganqimaodu border port has been further enhanced with the adoption of the Auto Guided Vehicle cross-border transport system.The AGV transportin

     

    Australia Sep coal export value up 5.4% MoM

    Australia's coal exports were worth A$6.95 billion in September, rising 5.41% on the month yet falling 40.12% from a year ago, according to the Australian Bureau of Statistics.Coal exports to Japan we

     

    (Writing by Rebecca Liu  Editing by Emma Yang)
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