Asia Dec thermal coal imports set new record
Seaborne thermal coal imports in Asia reached a record-breaking high in December 2023, driven by surged demand from Chinese buyers during the winter peak season.However, as thermal coal supply in the
Int'l thermal coal market slack amid sluggish demand
Global thermal coal prices continued to be weak in the past week, hindered by subdued demand due to significant coal stockpiles among major importers despite some supply constraints in South Africa an
Russia scraps exchange-rate-linked duties on most coal exports
Russia has lifted duties related to the rouble-dollar exchange rate on most coal exports, according to a latest decree released on the country's government website.The export duties were scrapped for
Mongolian coking coal prices under downside risk
Mongolia concluded its first coking coal transaction of the year on the Mongolian Stock Exchange at a relatively low price, impacted by bearish market sentiment alongside lukewarm demand in China.Ener
India sets to produce 186.6 Mt of commercial coal in FY2024-25
The Indian coal ministry has unveiled its ambitious plan for coal production of 186.63 million tonnes from captive and commercial mines in the coming fiscal year (April 2024-March 2025) after a target
Examining the effects of Russia's coal export duty removal
The Russian government recently removed floating export tariffs linked to ruble/dollar exchange rate on coal, following the removal of tariffs on oil products from January 1.Russia had planned to impl
India coal imports up 11.7% YoY in Nov 2023, mjunction
India's coal imports in November 2023 increased by 11.7% from 18.75 million tonnes a year ago to 20.95 million tonnes, showed data from e-commerce platform mjunction.Of the total imports in November
Wyoming faces uncertainty in coal industry
The coal industry in Wyoming, a longstanding leader in US coal production, is grappling with an uncertain future characterized by a downward trend.Despite a temporary boost in coal demand and output d
(Writing by yan.sun Editing by Emma Yang)
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