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Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH

The  Ministry  of  Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts for socio-economic growth in September and forecast Russia’s coal production to fall by 1.1% in 2021 and 0.3% in 2022, a sharp reduction from its 2019 forecasts due to competition from alternative energy sources and other coal producers, Fitch said in its latest report.

However, Fitch says, CRU expects Russia to continue to build infrastructure to address growing demand from emerging Asian countries.



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Recent News

Wednesday, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...


Wednesday, 12 May 21
MARKET INSIGHT - INTERMODAL
Tanker S&P is finally back! For an extended period, Dry bulk & Wet market rates have been diverging, with the SnP deals on each sect ...


Monday, 10 May 21
PAKISTAN: COAL GASIFICATION AND LIQUEFACTION HARMFUL TO ECONOMY - IEEFA
There is no second life for coal Pakistan’s intention to use coal for power production through gasification and liquefaction technologie ...


Sunday, 09 May 21
HERE'S WHY INVESTORS ARE POURING MONEY INTO COAL, DESPITE ITS BLEAK FUTURE - FORBES
Coal stocks have surged this year – along with the wider energy sector – but experts warn these are likely short-term gains for an indu ...


Sunday, 09 May 21
MAYBANK TO STOP COAL FINANCING - BERNAMA
Malayan Banking Bhd (Maybank) will stop financing new coal activities as part of its sustainable agenda.   Currently, coal financing m ...


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