Newcastle thermal coal prices decline as European gas prices tumble

Newcastle coal futures fell on December 14, returning the gains a day earlier, as easing European gas prices reduced demand for the substitute fuel.The January contract fell 0.52% to trade at $144/t,

Australian met coal prices under downward pressure as supply concerns ease

Australian metallurgical coal prices were poised to decline as market concerns on supply related to tropical cyclone and a brewing industrial action have been alleviated. Lighter buying interest also

Indonesian thermal coal prices remain range bound amid weak demand

Prices for Indonesian thermal coal remained largely unchanged in the wake of weakening demand, despite tight supply from the world's largest exporter.Indonesian miners have prioritized supplies to mee

Mongolia sells 11.9 Mt of coal through online trading as of Dec 14

Mongolia had successfully sold a total 11.90 million tonnes of coal for export through Mongolian Stock Exchange in the year to December 14, Sxcoal calculated based on data published on the MSE website

Canada Oct coal exports down 22.2% on mth

Canada exported 2.72 million tonnes of coal in October this year, down 13.8% on the year and 22.23% on the month, according to latest data from Statistics Canada.Value of the coal exports amounted to

Europe Dec thermal coal imports to set 8-mth high

European thermal coal imports are expected to reach the highest level in eight months in December as power generators has built up stocks in anticipation of a potential winter demand surge, according

Key coal rail lines in Australia's NSW still in suspension following derailment

A key rail line in Australia's New South Wales state remained closed after an empty coal train derailed about 80 kilometres west of Muswellbrook in the Bylong Valley on December 6.The crash sparked a

Asian low- and high-CV thermal coal prices diverge

The seaborne thermal coal prices in Asia diverged last week, as increased demand for high-CV coal grades from Japan and South Korea drove a price rally, while lackluster imports from China and India f

Vietnam to expand coal imports to meet power demand in 2024

Vietnam is set to boost its coal imports in 2024 in a move to meet demand for the country's growing power production.Domestic supply can only meet 65% of the required 74.3 million tonnes of coal, whil

(Writing by Rebecca Liu  Editing by Harry Huo)
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