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Tuesday, 21 February 17
CHINA SUSPENDS COAL IMPORTS FROM NORTH KOREA FROM 19 FEB
Coal export banCOALspot.com: China is suspended coal imports from North Korea until December 2017. China says it will suspend all imports of coal from North Korea for the rest of the year.

“ China will temporarily stop its imports of coal from North Korea for the rest of this year" including coal for which customs applications have been made but not yet processed, China's commerce ministry said in a statement posted on its website on Saturday.

According to Reuters, North Korea shipped 22.48 million tonnes of non-lignite coal to China in 2016, up 14.5 percent compared to 2015.

It is not clear whether China’s coal imports ban (from North Korea) will affect current International coal prices or not. North Korea is the China’s 4th largest coal exporter and the country exports anthracite coal to China. The Chinese buyers use mainly for steel and ceramic manufacture, as well as for blending with other coal types to burn to generate power.According to market reports the price of North Korea's anthracite coal is much cheaper than International prices.


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Recent News

Friday, 03 March 17
U.S. WEEKLY COAL PRODUCTION ESTIMATED AT 15.7 MMST; DECLINE 6.7% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


Thursday, 02 March 17
ULTRAMAX: INDONESIA TO INDIA COAL ROUNDS IS BEING FIXED AT AROUND MID 11K BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax Holiday mode within Atlantic i.e. very few movements but rates remained still positive, mostly in the USG region where tight tonnage sup ...


Wednesday, 01 March 17
2017 IS LOOKING LIKE IT WILL BE A GOOD YEAR FOR A NUMBER OF COMMODITIES - LINOS KOGEVINAS
2017 is looking like it will be a good year for a number of commodities. Following the price recovery witnessed in 2016 across a number of commodit ...


Tuesday, 28 February 17
PORT OF NEWCASTLE SHIPPED 17.39% LESS COAL IN JANUARY; TRADE VALUE UP 11.87% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,625.6 M ...


Monday, 27 February 17
THE FREIGHT MARKET WAS FIRMED UP THIS PAST WEEK; BCI ROSE 57.64% W/W
COALspot.com: The Freight market was firmed up this past week. The Baltic Exchange, tracking rates for ships carrying dry bulk commod ...


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