Weekly global coal market news summary (Sep 9-Sep 12)

sxcoal.com General,  Import & Export,  International 2019-09-12 18:22:08

Australia's Gladstone port Aug coal exports to China slump 54.5% MoM

Australia's Gladstone port posted a slump of 54.48% in coal exports to China compared with July's multi-year high, according to data from Gladstone Ports Corporation.


In August, Gladstone port shipped 755,300 tonnes of coal to China, down 7.44% from the preceding year.


Indonesia sets coal reference price at $65.79/t for Sep

The Indonesian Energy and Mineral Resources Ministry has set the country's coal reference price known as coal benchmark price (HBA) at $65.79/t for September, which hit a three-year's low since September 2016, spokesman of the ministry Agung Pribadi said on September 9.


The HBA dropped down from $72.67/t for August, the spokesman said.


US Jul coal exports slump 34.6% YoY

The U.S. logged a 34.6% year-on-year tumble in coal exports in July, accelerating from a decline of 21.6% in June, showed data from the US Census.


Coal exports from the country stood at 5.89 million tonnes in July, reducing 3.12 million tonnes from a year ago.


Canada Jul bituminous coal exports up 14.4% YoY

Canada registered a 14.4% year-on-year increase in bituminous coal exports in July this year, showed the trade data from Statistics Canada.


Total bituminous coal exports stood at 2.66 million tonnes in July, rising 2.32 million tonnes from a year ago.


Canada's Ridley Terminals Aug coal exports up 7.7% MoM

Coal exports of Canada's Ridley Terminals exported 861,506 tonnes of thermal and metallurgical coal in August, up 7.7% from the previous month and 14% from a year ago, Prince Rupert Port Authority data showed on September 11.


This was the smallest monthly increase in exports in five months, and the largest jump year over year in six months. August had the most thermal and met exports in nine months.


Brazil Aug coal imports down 15.5% YoY

Brazil's coal imports dropped 15.5% from a year ago to 2.23 million tonnes in August, showed data from Secretariat of Foreign Trade of Brazil.


The country imported the most coal from Colombia in August, at 827,700 tonnes, worth $48.674 million.


S Korea utilities Jul coal consumption dips 1.2% YoY

South Korea power utilities registered a 1.2% year-on-year decline in coal consumption in July this year, data showed.


Power plants in the country consumed a total 8.36 million tonnes of coal in the month, down from 8.45 million tonnes a year ago yet climbing 29.16% from June.


Indian unions call strike to protest FDI in coal industry

Trade unions representing workers in the Indian coal mining industry have announced a strike for September 24, to protest the recent government decision to allow 100% foreign direct investment (FDI) in domestic commercial coal mining.


The day-long strike, announced by the five trade unions, is a precursor to prolonged agitation unless the government rolls back a decision to open up the sector to overseas private miners.


Coal imports at key Indian state-owned ports fall for 4th mth in Aug

Coal imports at India's 12 major state-owned ports shrank for the fourth consecutive month in August, with a 5.99% decline from July, data showed from Indian Ports Association.


In August, these ports imported 10.4 million tonnes of coal on aggregate, down 14.29% from the same month of last year.


India's coking coal imports rise 38% YoY in July

With a rebound of shipments from Australia and Canada, India's coking coal imports rose 38.2% year on year and 16.6% month on month to 4.82 million tonnes in July, data from e-commerce company Mjunction showed.


Australia was the largest supplier with 3.4 million tonnes in July, up 18.4% from June, and imports from Canada surged 152% from the previous month to 679,005 tonnes.


(Writing by Emma Yang  Editing by Harry Huo)
For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 China Coal Daily Track (Oct 17) 2019-10-17

Thermal coal Production area Coal sales have been improved in Shaanxi's Yulin as slumped temperature drove up the heating demand in many northern areas. Several coal mines adjusted up

2 Chinese thermal coal prices continue falling on weak demand, high port stocks 2019-10-17

Weighted down by continuously weak downstream demand and high inventory levels at northern ports, Chinese spot thermal coal prices kept going down, leaving the market with fewer trades. B

3 Foreign miners further lift thermal coal offers to China on demand 2019-10-17

Indonesian and Australian thermal coal miners further raised offers to Chinese buyers inspired by recently brisk buying activity from the world's largest coal consumer and other nations.

4 U.S. oil and gas jobs fall as drilling declines: Kemp 2019-10-17

U.S. oil and gas employment has started to fall as the sector contracts in response to lower prices over the last year – and further job losses are likely in the next few months as the rate of well dr

5 China coal truck freights rise amid overloading ban 2019-10-17

Freight rates for trucking coal from China's main production bases to consumption areas were trending upwards these days, following spreading overload ban triggered by road collapse in Wuxi of Jiangsu

6 Russia's Taman port to get greenlight to load large ships this mth 2019-10-16

The port of Taman's bulk cargo terminal owned by Oteko in southwest Russia was forecast to get approvals to handle 120,000 deadweight tonnes vessels in October. The terminal was set

7 China Coal Sep commercial coal output up 36.9% YoY, sales up 57.2% 2019-10-16

China Coal Energy Co., Ltd. said on October 16 that its September production volume of commercial coal jumped 36.9% year on year, and its sales hiked by 57.2%. Last month, the mining comp

8 China issues anti-smog plan for 2019-20 winter in Beijing-Tianjin-Hebei region 2019-10-16

Chinese authorities on October 16 released an action plan for air pollution control in the Beijing-Tianjin-Hebei region and surrounding areas, setting specific targets for this winter session.

9 Inner Mongolia revises down coal capacity cut goal for 2019 2019-10-16

Inner Mongolia, a major coal production hub in northern China, announced to revise down its previous goal for coal capacity reduction for this year, said local energy bureau in a notice lately.

10 China Coal Daily Track (Oct 16) 2019-10-16

Thermal coal Production area Under the influence of heavy snow in Inner Mongolia, Ningxia and other places, the minimum temperature in many northern places dropped below zero degree last night.

Most Read Articles

1 Indonesian thermal coal prices gain strength from India's supply crunch 2019-10-11

Indonesian thermal coal prices continued moving upward in China's seaborne import market, boosted by fuel hunger in another major destination India, where a large coal mine was flooded and expected to

2 PetroChina unit strikes high oil, gas flows in deep Tarim well 2019-10-08

An exploration and production unit of China's state energy giant PetroChina has drilled into high flows of natural gas and condensate in an exploration well in northwestern region Xinjiang, in what co

3 China met coke demand dented by weak steel outlook 2019-10-12

Sentiment started to weaken in China's met coke market, along with a dismal steel outlook stemming from overloading ban in eastern China and lower-than-expected buying appetite from mills nationwide.

4 China Coal Daily Track (Oct 12) 2019-10-12

Thermal coal Production area Some miners in Ordos of Inner Mongolia lowered coal prices amid increasing supply and slack demand from portside traders, yet price cuts failed to improve sales. L

5 Indonesia sets coal reference price at 3-yr low of $64.8/t in Oct 2019-10-08

Indonesia's Ministry of Energy and Mineral Resources has set its October thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $64.8/t, notching the lowest level since October 20

6 Chile largest coal mine closure may spur imports from Indonesia 2019-10-10

Chile is likely to resume imports of sub-bituminous coal from Indonesia, as its largest domestic coal mine is facing risk of closure in the near term, sources reported. Mina Inviern

7 China's 5,500 Kcal coal declines on weak buy, yet hopes remain 2019-10-10

Chinese domestic 5,500 Kcal/kg NAR thermal coal, a major coal grade traded at Bohai Rim ports, lost ground on second trading day after golden week holiday due to lack of buying demand. On

8 Indonesian coal miners anxious about law enactment impasse 2019-10-10

Seven Indonesian coal mining companies are facing legal uncertainty as deliberations on the amendment of the 2009 Mining Law were postponed, deterring them from adding investment on their assets.

9 China thermal coal market regaining momentum after holiday 2019-10-08

China's thermal coal market seems on track to recover from weeklong National Day holidays ending October 7, fueling hopes that prices of the fossil fuel may embrace a pickup soon. D

10 China spot thermal coal market flat after holiday 2019-10-09

Participants in Chinese spot thermal coal market were largely sidelined shortly after the National Day holiday ended on October 7, with offers and bids slow to emerge on the first day back to the mark

Scan to download sxcoal.com mobile APP

X