Exporters will likely be disappointed at a policy- and cost-driven decline in important demand SYDNEY — In describing India as an “amazing opportunity,” U.S. Energy Secretary Rick Perry presumably is eyeing it as a long-term export destination for American coal that would be used to power plants built with American technology. If this is the case, […]
The U.S. Energy Information Administration forecast coal production in 2019 to total 688 million st, down 2.7 percent from year-ago at manufacturing level, revealed Tuesday’s short-term energy outlook from the EIA.
London — US coal exports totaled 7.2 million mt in June, down 12.6% from May and down 21.6% from the year-ago month, according to US Census data Friday. Exports dropped as global seaborne thermal coal prices hit three-month lows in June, with European-delivered CIF ARA prices averaging $48.36/mt, down 50% from the year-ago month. Loading […]
Slowing demand from China Prices for benchmark premium Australian coal out of Newcastle hit their weakest since September 2016 Renewable are expanding – Hydro, Natural Gas NUSA DUA, Indonesia (Reuters) – Slowing economic growth in China is weighing on demand expectations for thermal coal in the world’s biggest market for the fuel, while global […]
Orlando, Florida — Volatility in the global thermal coal market is the new constant as the Northern European delivered price becomes redundant and demand centers change, requiring US producers to begin to adapt their export strategies, Javelin Global Commodities CEO said Thursday. “Exports are being affected by a supply push on one side and a […]
If API2 coal prices remain low for the next several months, there may be a ripple effect across the U.S. thermal coal space as the industry grows increasingly reliant on exports and domestic demand declines, analysts said. The API2 benchmark tracks the price of thermal coal sold into Europe. Several U.S. coal producers benefited from […]
Онлайн-казино Космолот, одно из лидеров на рынке азартных игр в Украине, является примером успешного бизнеса, который не только обеспечивает высокий уровень обслуживания, но и активно поддерживает социальные инициативы. Космолот принадлежит компании «Спейсикс», основанной Сергеем Потаповым. В августе 2023 года часть компании приобрел британский бизнесмен Арнульф Дамерау. Дамерау является основателем EuroAtlantic Institute и совладельцем компании Crowdstrike. […]
Houston — Weekly US coal production totaled an estimated 13.78 million st in the week that ended February 16, up 5.6% from a week earlier but down 10% compared with the year-ago week, US Energy Information Administration data showed Thursday. It was the third time in the first seven weeks of the year that all […]
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 across Asia this year, which has […]
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 […]
Hi there! Click below to chat with us.