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Wednesday, 13 December 17
DEMAND FOR THERMAL COAL LOOKED RELATIVELY ROBUST - DANIEL HYNES
Coal ExcavatorCoal prices were a touch higher. Demand for thermal coal looked relatively robust, after reports continued to surface that Chinese authorities have eased constraints on coal use in heating due to a shortage of gas said Daniel Hynes, Senior Commodity Strategist at ANZ in his latest note.

According to his note, the coking coal prices were relatively unchanged, with traders taking some time to assess where the market is heading after a strong month of gains.

However, markets remain concerned about ongoing supply issues in Australia, which should see pressures remain to the upside for prices, Daniel Hynes concluded.


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Recent News

Thursday, 21 June 18
ROBUST ASIAN THERMAL COAL DEMAND CREATES OPPORTUNITIES FOR AUSTRALIA - MINERALS COUNCIL OF AUSTRALIA
Minerals Council of Australia  reported, Australia’s world-class coal mining industry can create more jobs in Australia and strengthen t ...


Thursday, 21 June 18
CHINESE REDUCED COAL IMPORT RESTRICTIONS - CAIXIN GLOBAL
Caixin Global reported that the Chinese government has reduced restrictions on coal imports at the nation’s major ports in response to concer ...


Thursday, 21 June 18
INDIAN GOVERNMENT ADMITS COAL SHORTAGE, ASKS DISCOMS TO IMPORT - TIMES OF INDIA
Times of India reported that the power ministry has advised all state governments and private power distribution companies to import coal as Coal I ...


Tuesday, 19 June 18
WCA RESPONDS TO BP STATISTICAL REVIEW OF WORLD ENERGY 2018
Responding to BP’s Statistical Review of World Energy 2018, Benjamin Sporton, Chief Executive of the World Coal Association (WCA) said, &ldqu ...


Wednesday, 13 June 18
U.S. COAL PRODUCTION TO DECLINE BY 2% TO 756 MILLION SHORT TONS MMST IN 2018 - EIA
EIA forecasts U.S. coal production to decline by 2% to 756 million short tons (MMst) in 2018.   According to EIA's Short-Term Ener ...


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