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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

Friday, 12 April 19
U.S : MORE THAN 7 GW OF COAL-FIRED GENERATION IS SCHEDULED TO RETIRE BY THE END OF 2020 - EIA
EIA estimates that U.S. coal production decreased by 19 million short tons (MMst) (2%) in 2018, totaling 756 MMst.   EIA also expects ...


Friday, 12 April 19
GLENCORE WINS $520 MILLION DEAL TO SELL COAL TO MEXICO - REUTERS
Global trader Glencore has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico, state-run power utility the Fed ...


Thursday, 11 April 19
AUSTRALIAN COAL IN THE FRONTLINE OF CHINA'S SUPPLY GLUT - AUSTRALIAN FINANCIAL REVIEW
Australian coal will be hardest hit as China cuts foreign imports of its key energy source to tackle oversupply, and implements policies favouring ...


Wednesday, 10 April 19
COALTRANS ASIA - TAKE PART IN THE LARGEST COAL EVENT IN THE WORLD!
Take part in the largest coal event in the world!   Coaltrans Asia is back this June bringing together the entire international coal s ...


Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...


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