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Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
ReutersColombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and drought that has impeded output in some mines, the Colombian Mining Association said.
 
The Andean country, the world’s fourth-largest exporter of the fuel, produced just above 84 million tonnes in 2018.
 
The government and the country’s principal coal miners had previously said they anticipated output would remain steady.
 
“This year we are seeing that through December Colombia will have an output close to 80 million tonnes, 4 million tonnes less,” said association head Juan Camilo Narino. “The reality is of lower production and fewer exports.”
 
Colombia produced 18.9 million tonnes in the second quarter, the government said last week, down 4.5% from the same period a year earlier.
 
Production has been pressured by low prices, climate conditions that affected projects near the northern Caribbean coast and judicial restrictions that have limited work at some projects, the government has said.
 
Coal is the second-largest generator of foreign exchange revenue in Colombia, behind oil, and its top mining export.
Source: Reuters


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Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. C ...


Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week ...


Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ ...


Wednesday, 31 July 19
INDIA'S 2019 THERMAL COAL IMPORTS SEEN AT 180-185 MLN T - WOODMAC
India is expected to import 180-185 million tonnes of thermal coal in 2019, said Dale Hazelton, head of thermal coal at consultancy Wood Mackenzie. ...


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