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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

Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...


Tuesday, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.   As expected, Russia – Ukraine war dr ...


Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...


Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...


Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...


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