Weekly global coal market news summary (Feb 22-Feb 26)

sxcoal.com General 2021-02-26 16:15:12

High shipping cost hampers demand for Indonesian thermal coal

Indonesian thermal coal market witnessed a thinly traded session on February 24, as demand was curbed by a surge in freight rates for...

 

Indonesia Jan coal exports down 7.37% on yr

Indonesian coal exports maintained at high level in January 2021 after a spike in December 2020, mainly owing to large demand from Ch...

 

Indonesia plans to cancel royalties for coal usage of downstream sector

Indonesia is planning to remove royalty payments for coal used in domestic downstream sectors in an effort to push its coal processin...

 

Indonesian Adaro Energy's coal production drops 3.45% YoY in Q4

Indonesia's Adaro Energy produced 13.43 million tonnes of coal in the fourth quarter of 2020, a year-on-year decrease of 3.45% and a ...

 

Anglo American suspends production at Moranbah North coking coal mine

Diversified miner Anglo American announced February 22 to suspend production of Moranbah North coking coal mine in Queensland, Austra...

 

Newcastle thermal coal price down 2.95% in 3rd week of Feb

Newcastle's thermal coal price declined 2.95% from a week ago to $85.79/t in the week ended February 19, according to globalCOAL. ...

 

Newcastle Jan coal exports shed 6.8% on mth

Coal exports from Newcastle port of Australia slid 6.8% from the previous month to 13.91 million tonnes in January, which came 0.23% ...

 

S Korea Jan coal imports hit 7-yr low

South Korea imported 8.48 million tonnes of coal in January 2021, 23.42% lower than 11.07 million tonnes in January 2020, and 23.73% ...

 

Thailand Jan thermal coal imports up 1.87% MoM

Thailand's thermal coal imports (including sub-bituminous coal and bituminous coal) in January fell 7.72% year on year but rose 1.87%...

 

Indian utilities coal imports fall for 3rd mth in Jan on high stocks

Indian power generators imported 3.87 million tonnes of thermal coal in January, slumping 30.9% from the previous year and 5.15% fr...

 

India Jan coal imports down 12.66% on mth

India's coal imports stood at 21.26 million tonnes in January 2021, almost unchanged from 21.27 million tonnes in January 2020, but d...

 

Germany's Dec hard coal imports rise 19.1% MoM

Germany imported 2.82 million tonnes of hard coal in December, falling 0.99% year on year but rising 19.1% month on month, showed pre...

 

Germany's 2020 coal imports slump 27.3% YoY

Germany imported 25.55 million tonnes of coal in 2020, slumping 27.3% or 9.61 million tonnes from 2019, showed preliminary data from ...

 

Ukraine Jan coal imports down 18.4% YoY

Ukraine imported 1.8 million tonnes of coal in January, rising 10% from a year ago, customs data showed. The country too...

 

Colombia's Cerrejon Jan coal exports surge over 50% MoM

Colombian coal miner Cerrejon's coal exports jumped over 50% on the month to 1.7 million tonnes in January 2021, after a three-month-...

 

Canadian Teck Resources' Q4 coking coal production down 11.67% on yr

Canada's coal miner Teck Resources produced 6 million tonnes of coking coal in the fourth quarter of 2020, sliding 11.67% from 6.7 mi...

 

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

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