Weekly global coal market news summary (Aug 3-Aug 7)

sxcoal.com General 2020-08-07 16:58:00

Global coal-fired power plants size first decreases in H1

The size of coal-fired power generation utilities decreased for the first time on record in the first half of 2020, with the closed c...


Indonesia Aug coal HBA price hits fresh low

The Indonesian government set its coal benchmark price (HBA) for August at $50.34/t, notching the lowest since January 2009, the Ener...


China's import thermal coal market stays sluggish on quotas shortfall

Chinese import thermal coal market extended sluggishness that has lasted for weeks, as shortfall of import quotas still reined in buy...


Bayan Resources H1 coal output falls nearly 25%

Bayan Resources, one major coal producer in Indonesia, registered a year-on-year slump of 24.4% in coal output to 12.1 million tonnes...


Gladstone port Jul coal exports to China slump 47% on yr

Coal exports from Australia's Gladstone port to China slumped 47.49% on the year to 871,200 tonnes in July, showed data from Gladston...


Mongolian year-to-date coal exports plunge 46.4% on COVID-19, customs

The year-to-date coal export from Mongolia totaled 11.26 million tonnes as of August 2, marking a year-on-year slump of 46.4%, accord...


Russia Jan-Jul coal exports fall 4.83%

Russia exported about 105 million tonnes of coal during the first seven months, falling 4.83% from 111 million tonnes a year ago, dat...


Colombia Jun coal exports rise nearly 44% on yr

Colombia's coal exports surged 43.93% year on year to 6.75 million tonnes in June, showed data from National Department Administrativ...


Turkey Jun thermal coal imports surge more than 50% MoM

Turkey's thermal coal imports noticeably increased in June compared with a month ago, official data showed. The June imp...


Glencore H1 coal production rises 15% amid COVID-19 woes

Glencore said in a report on July 31 that its coal production declined 15% year on year to 58.10 million tonnes in the first half of ...


Poland to merge 3 large power groups into 2 amid energy reform

Poland plans to merge its PGE, Enea and Tauron power groups into two groups, with one engaged in coal operation while the other in no...


Germany to initiate 1st round auction for hard coal plant closures

Germany planned to initiate the first auction on September 1 for hard coal-fired utilities' closures, involving 4 GW of installed cap...

India restricts Chinese firms to attend auctions of its commercial coal mines

India's Coal Ministry has formulated related documents to restrict the entry of neighboring states to participate its auctions of com...

(Writing by Emma Yang  Editing by Harry Huo)
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1 Yulin Jan-Aug raw coal output increases 17.8% YoY 2020-09-25

Yulin extracted 326.99 million tonnes of raw coal over January-August, increasing by 17.8% year on year, yet the growth rate slowed by 1.9 percentage points from January-July, according to the statist

2 Thailand Aug thermal coal imports rise to 4-mth high 2020-09-25

Thailand imported a total of 2.28 million tonnes of thermal coal (including bituminous and sub-bituminous coal) in August, rising by 4.15% year on year and surging by 36.61% from July, according to th

3 Weekly China coal market news summary (Sep 21-Sep 25) 2020-09-25

Supply shortage continues to back thermal coal prices at N China ports Chinese northern transfer ports saw a flurry of thermal coal trades on September 24, as buyers intensified purchasing fo

4 Weekly global coal market news summary (Sep 21-Sep 25) 2020-09-25

Mongolian coal exports to China expected to increase further China-Mongolia trade cooperation has become increasingly close in recent years, in which coal account for the majority. Analysts p

5 US crude steel output starts falling in the 3rd week of Sep 2020-09-25

US crude steel production began to fall in the third week of September after two consecutive weeks of growth. Crude steel output is estimated to reach 1.45 million short tons or 1.3

6 China mid-Sep thermal coal prices rise markedly, NBS 2020-09-25

China's primary coking coal price remained steady, while thermal coal and anthracite prices picked up rapidly in mid-September, showed data from the National Bureau of Statistics on September 24.

7 Fitch revises down 2020 thermal coal price forecast on sluggish demand 2020-09-25

Fitch Solutions has revised down 2020 thermal coal price forecast from the previous US$65/t to US$55/t, primarily taking account of the slack demand for thermal coal at Newcastle port while the relati

8 China Yangtze Power to list in London 2020-09-25

China Yangtze Power Co., Ltd., the world's largest hydroelectric firm in terms of capacity, announced on September 22 to plan for a listing of global depositary receipts (GDRs) on the London Stock Exc

9 Supply shortage continues to back thermal coal prices at N China ports 2020-09-24

Chinese northern transfer ports saw a flurry of thermal coal trades on September 24, as buyers intensified purchasing for fear of further supply shortage that could push prices even higher, according

10 Chinese purchases keep fueling Australian coking coal prices 2020-09-24

Australian coking coal prices remained on the swift upward track, backed by a number of trades concluded by Chinese buyers lately, sources noted. A 75,000-tonne cargo of Premium Mid-vol c

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1 China receives first train of coking coal from Mongolia 2020-09-23

The first train of coking coal, from Mongolia's mid-east city Choir, arrived at China's border city Ulanqab on September 19, signaling a significant move in coal trade between the two countries.

2 Chinese thermal coal prices may stabilize as purchases slow 2020-09-21

Chinese domestic thermal coal prices are likely to stabilize after rising for two consecutive weeks, as downstream buyers became more reluctant to take high prices. Possible change on coal import quot

3 Mongolian coal exports to China expected to increase further 2020-09-22

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4 Will China ease coal import curbs? 2020-09-22

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5 China's domestic thermal coal rally sparks import interest; views vary on policy 2020-09-22

Rapid price increase in Chinese domestic thermal coal market are shifting end users' buying interest back to price-competitive seaborne import coal. This is also helping overseas miners shake off sale

6 China's import thermal coal market may maintain strength on increased buys 2020-09-21

Chinese seaborne import thermal coal market is expected to maintain upward momentum in the short run, as buying activity increased for major coal grades following a period of quietness. A

7 Indonesian power sector coal consumption to fall in 2020 2020-09-21

Indonesian power sector is expected to consume 95.6 million tonnes of coal in 2020, down 1.43% year on year, as the COVID-19 lockdown restricts electricity demand, said state-owned PLN. I

8 China's top 3 coal provinces raw coal output reaches 1.74 Bt in Jan-Aug 2020-09-22

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9 Chinese coking coal prices stable; tight supply may spur another rally 2020-09-22

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10 Australian 5,500 Kcal NAR coal recovers to 5-mth high 2020-09-23

Australian 5,500 Kcal/kg NAR thermal coal price has recovered to a five-month high in China's seaborne import market after rebounding for more than a week, fanning optimism for Chinese demand and impo