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    Weekly global coal market news summary (Jan 2-Jan 5)

    sxcoal.com Import & Export,  Production & Sales,  International 2024-01-05 17:08:58

    Review: Indonesia's Nov coal exports rise over 10% on yr to hit a new high

    Indonesia's coal exports declined compared to the previous month in November 2023, but still hit a new high for the same period since at least 2014, with a year-on-year increase over 10%, latest office

     

    Indonesian thermal coal supply to rise as govt expedites RKAB approvals

    Indonesian thermal coal supply is poised to increase significantly in 2024 after the government expedited approvals on mining production plans (RKAB), according to market sources.Most large coal compa

     

    Newcastle thermal coal futures may hover around $100/t in 2024

    International thermal coal prices have experienced a decline after reaching a historic peak in September 2022, due to weakening of overall supply-demand fundamentals.In 2023, the Newcastle thermal coa

     

    Downbeat mood prevails in Asian thermal coal market

    Asian seaborne import thermal coal market remained silent entering the new year, with bearish sentiment prevailing amid limited buying interest from China and India.On January 3, Indonesian January-lo

     

    Review: S Africa's Nov coal exports remain at multi-yr low despite MoM rebound

    South Africa's coal exports rebounded from the month-ago level in November, but still posting limited growth and well below the same month a year ago. India still took over half of coal exports from S

     

    Canadian miner Teck Resources abandons coal business

    Canada's largest diversified miner Teck Resources has fully ditched coal after closing the sale of its minority stake in coking coal operations to Japan's Nippon Steel Corporation and South Korean ste

     

    Indonesia's coal miner Bumi Resources eyes 80 Mt output in 2024

    Two key subsidiaries of Indonesian coal miner PT Bumi Resources have received approval to extend their mining permits until 2026, allowing the group to target coal production of 80 million tonnes in 2

     

    Russia's thermal coal exports may fall in 2024 on China's tariffs

    Russia may find it challenging to prevent its coal exports, especially thermal coal, from falling in 2024 compared with a year ago, after China, its top destination, reinstated coal import tariff from

     

    India plans to build 2 Bt thermal coal stock by 2030

    The Indian government outlined a transition plan to create a domestic thermal coal stock of 1.8-2.5 billion tonnes by 2030-32, following which the intention is to halt coal production for the next ten

     

    (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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