The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal coal again this month. According to the latest ministerial decree 2025 K/30/MEM/2018 dated 3 December 2018, the government has reduced Indonesian Coal Price Reference (HBA) 5.51 per cent month on month to US$ 92.51 […]
NEW DELHI, May 11 (Reuters) – India’s thermal coal imports rose by more than 15 percent in the first three months of 2018, with Indonesia accounting for about three-fifths of total supplies, according to vessel arrival data from Dubai-based coal trader American Fuels & Natural Resources. India’s rising coal imports are contributing to higher demand […]
Houston (Platts)–29 Mar 2018 157 pm EDT/1757 GMT Weekly US coal production totaled an estimated 15.46 million st in the week that ended March 24, up 1.6% from the prior week and up 7.2% from the year-ago week, US Energy Information Administration data showed Thursday. The Appalachian and Powder River basins saw slight increases […]
The rise in global petcoke prices does not seem to be slowing down, with a CFR East Coast India deal heard this week for April loading at $119/mt. While sources continue to say supply remains tight, many are hard pressed to believe deals are getting done at these levels. “Supply is still tight, and I […]
Dear Friends, We all are in coal business and we always follow domestic market and international news to make a correct decision. Earlier in this week, I have read a news report on pet coke and demand on US coal article published by Reuters and same has been republished by ET & Money control. You […]
Coal, which powers around three-quarters of India’s electricity, will continue to be the foremost energy source over the coming decades, government think-tank Niti Aayog said in its Three-Year Action Agenda released Thursday. It is important that India increases its domestic coal production to provide energy security and reduce its dependence on imports, it said. By […]
Coal prices’ march to eight-month highs, driven by China’s huge appetite for power consumption, looks like an interlude in a longer-term decline and is seen losing traction later this year. Investors widely anticipate a slow demise for coal use due to policies encouraging cleaner natural gas and renewable energy generation, but the shorter-term outlook for […]
Worldwide demand for coal decreased in 2016, for the second year in a row. Humans used 53-million tonnes of coal less than in 2015, according to this year’s statistical review of energy provided by BP. It’s a decrease of 1.7 per cent. It is the second-straight year that coal demand has declined. It is also […]
So it turns out global warming isn’t that bad after all. That’s exactly the conclusion Justin Ritchie doesn’t want the world to draw from the paper he just published. And for a good reason. It’s wrong. Ritchie, a Ph.D. candidate in resources and the environment at the University of British Columbia, was working as a […]
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