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Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent jump; and in this year, coal prices saw 76 percent of gains.
 
It is trading at a decade high right now, there are supply concerns in the market and demand has been quite strong too. Summer demand is coming from Japan, South Korea and US.
 
As far as the supply goes, that is where the problem really is. Due to lower hydrogen generation in China’s Yunnan, there has been flooding for other major suppliers like Indonesia, Australia.
 
Also there are concerns arising out of China’s ban on Australia’s coal and then there has been a closing of a mine in Colombia, all of these factors have been supporting coal prices.
Source: CNBC-TV18


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Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...


Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.    The Indonesia coal pr ...


Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...


Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.   Euro ...


Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.   The index, released by Chi ...


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