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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, 20 January 17
U.S. WEEKLY COAL OUTPUT ESTIMATED 15.7 MMST; UP 14.1% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


Thursday, 19 January 17
KOREAN POWER UTILITY BORYEONG POWER TO IMPORT 660K TONS OF BITUMINOUS COAL FOR MARCH 2017
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 590,000 Metric Tons of Bituminous coal and 7000 ...


Thursday, 19 January 17
PANAMAX RATES ARE UNDER PRESSURE IN BOTH HEMISPHERES - FEARNLEYS
Supramax The market remained flat and the week continued at the same pace as last. According to Fearnleys weekly dry bulk report, still more ...


Wednesday, 18 January 17
TANKER: THE CLEAN PRODUCT MARKET IS STILL NOT GIVING US ANY CLEAR SIGNS OF RECOVERY - GEORGE VASTARDIS
While we are approaching the Chinese New Year, the Clean Product market is still not giving us any clear signs of recovery, especially on The East ...


Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for t ...


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