Fortune
December 13, 2023
Thermal coal prices diverge as Japan, South Korea buy more, China, India less
The prices of differing grades of seaborne thermal coal in Asia are diverging as strong demand for high-quality fuel coal by Japan and South Korea drives a rally, but lacklustre imports by China and India mean lower grades stagnate.
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May 26, 2023
Global thermal coal prices settling into $200/T range after volatile 2022
Global thermal coal prices are stabilising this year in a range near $200 a tonne that is less than half of 2022’s record highs, analysts and industry officials say, with rising supplies providing respite to consumers roiled by last year’s volatility.
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February 08, 2023
Australia Rejects First Coal Mine Under Environmental Law
Environment Minister Tanya Plibersek announced her final decision on the Central Queensland Coal Project on Twitter on Wednesday, saying in a video that she had received more than 9,000 public submissions on the mine in just 10 business days.
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February 08, 2023
Australian coal shipment to arrive at Chinese port as unofficial import ban ends
The resumption of the bilateral coal trademarks a significant improvement in relations, which hit a low point at the start of the pandemic after Australia pushed for an independent investigation into the origins of Covid-19, angering Beijing officials.
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February 06, 2023
National Grid puts coal-fired power station on standby again
A coal-fired power station has been put on standby to produce electricity this week due to expected low winds and temperatures.
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February 01, 2023
Coking coal narrows the gap on thermal as China reopens
Singapore-traded futures linked to the price of Australian coking coal SCAFc1 ended at $315.67 a tonne on Monday, up 21% since the end of last year and 56% higher than the 13-month low of $203 hit in August last year.
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January 30, 2023
China-Australia relations: Beijing’s coking coal order another sign of thawing ties
Before the Lunar New Year, 80,000 tonnes of coking coal was ordered from the Moranbah North mine in Queensland to be shipped to China February/March.
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January 30, 2023
Asia thermal coal prices slip as China, India buy less
Prices of the main traded grades for coal used in power plants dropped to their lowest in months last week, and to the weakest in a year in the case of one of the major Australian varieties.
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January 27, 2023
North Asia cranks coal imports to fuel industry
Economic momentum in these countries – which collectively accounted for nearly half of all thermal coal imports in 2021 – was subdued in 2022.
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