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Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal excavatorCoal markets were buoyed by ongoing supply side issues. 
 
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the thermal coal futures on the Zhengshou Exchange rose as safety and environmental inspections threatened to restrict Chinese coal production even further.

The rebound in Newcastle futures that started last week was extended as traders viewed the recent sell off as overdone.

Daniel Hynes said in his latest post, the metallurgical coal prices failed to catch the same wave, with futures down sharply. Data sowing China’s coking coal imports fell 2.4% to 5.92mt didn’t help sentiment in the market. Australian coking coal futures settled at USD192.5/t on the Singapore Exchange. 


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Recent News

Monday, 23 September 19
CHINA RECORDS SLOWER GROWTH IN COAL PRODUCTION - XINHUA
The growth of China’s raw coal production slowed down in August, data from the National Bureau of Statistics (NBS) showed.   Aro ...


Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...


Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...


Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...


Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...


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