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India targets to produced 1.5 Bt of coal by 2030 to meet growing domestic demand, Union Parliamentary Affairs, Coal and Mines Minister Prahlad Joshi said at an investor conclave in Mumbai on Dec 1.
By end-Nov, 363 power plants directly supplied by railway across the country had stored 75 Mt of power coal, a year-on-year rise of 9.2%, and the volume could cover 29.4 days' worth of usage, 3,8 days longer than the year-ago period, according to China News.
China State Railway Group delivered 1.91 Bt of coal during Jan-Nov, up 8.1% YoY. Power coal shipments stood at 1.35 Bt, up 13.2% YoY, according to China News.
During Jan-Nov, the coal transportation in China's four major production bases – Shanxi, Shaanxi, Inner Mongolia, and Xinjiang – increased 10.2% YoY.
Coal exports at the Hampton Roads terminal in the state of Virginia of the US was 2.60 Mt in Oct 2022, down 6% YoY and 3% MoM and, marking the 3rd straight mth of decline. Total coal exports were 26.80 Mt during Jan-Oct, up 10% YoY, showed the latest data from Virginia Maritime Association.
Northeastern China's Jilin province targets to limit coal consumption at 90 Mt or below and coal outout by around 10 Mt by 2025, the local energy bureau stated in its 14th Five-Year Plan, in a move to reduce carbon emissions.
Coal production in Russia's Kuzbass totaled 19 Mt in Oct, returning to the level of Jan-Mar despite a 12% fall YoY, data from Ministry of Coal Industry of Kuzbass showed. The output rose 2.7% from Sep's 18.5 Mt and 18.8% from lowest of this year in Jul. Oct's production included 6 Mt of met. coal, down 9.1% YoY and 13 Mt of thermal coal, down 13.3% YoY.
European countries' total imports of Russian LNG from January to October this year increased 42% compared to the same period in 2021, TASS reports. Russia's LNG supplies to Europe reached a record 17.8 billion cubic meters in the first 10 months of 2022, the Financial Times reported.
Indonesian coal miner PT Bumi Resources is eyeing a 10% increase in output to 80 Mt in 2023 amid expectations for more favorable weather conditions than this year, a company director said on Nov 29.
S China's Guangdong issued a notice on matters related to electricity market transactions in 2023, mentioning "the primary energy price pass-through mechanism" for the first time.
Turkey imported 3.6 Mt of coal in Oct, jumping 81.88% or 1.98 Mt YoY but down 9.71% MoM, the country's trading statistics showed. Import amount in October surged 132.63% YoY but dropped 21.38% MoM to $756 million.
Japan's Australian coal imports in Oct stood at 10.25 Mt, hitting the 3rd-highest this year only after 72% in Sep and 71% in Jan. Despite a sequential fall of 4.38%, the volume was still above 10 Mt for the 4th straight mth in Oct.
Australia, Indonesia, the U.S., Canada and Russia were the top five coal suppliers to Japan in October, with share respectively at 70%, 16%, 5%, 4% and 3%, showed data from the Ministry of Finance of Japan.
China's manufacturing PMI stood at 48 in Nov, down from Oct's 49.2, NBS data showed on Nov 30.
The coal storage of major thermal power plants in SW China's Sichuan province had reached 5.98 Mt as of Nov 29, beating the scheduled target of 5.8 Mt by the end of the month. The inventory level means power supply of the major hydropower province will be ensured during the dry season of this winter and next spring over Dec 1-Apr 28, and coal-fired thermal power enterprises could realize peak power generation, Sichuan Daily reported.
China's thermal coal market stabilized on December 2 as bullish sentiment waned in anticipation of temperature recovery in the south, the major destination for thermal coal from northern ports.
Indonesia aims to establish a coal fund agency and start collecting a coal levy in the first quarter next year, in order to ensure supply security for domestic power utilities and industries, energy m
Sentiment in China's coking coal market was moderately reinforced with more online auctions settled higher following the completion of the second round of coke price hike on December 2. M
Chinese thermal coal prices showed more signs of stabilizing from previous drops on December 2, with some offers rebounding by 20-50 yuan/t, since demand from chemical and residential customers increa
Newcastle thermal coal prices rise on expectations of surging demand from Europe Newcastle thermal coal prices increased as demand is expected to surge in Europe where temperatures are forecas
China Railway Jan-Nov coal delivery reaches 1.91 Bt China State Railway Group delivered a total of 1.91 billion tonnes of coal during January-November, rising 143 million tonnes or 8.1%...
China's PCI coal prices remained weak as a whole in November, as steel mills and traders maintained prudent buying stance amid regional mismatch of supply and demand due to COVID flare-ups and negativ
Northern China's Shanxi province mandated three coal mines to suspend for rectification after fatal accidents occurred, according to three separate documents issued from November 29 to December 1.
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
Infographic | S. Africa coal exports in Oct 2022
Mongolia opens a new rail line to China on November 25 in a move to expand commodity exports despite the COVID-slowed cross-border trades. The start of the 226.9-kilometer Zuunbayan-Khang
South Africa's state-owned port and rail company Transnet on November 25 lifted force majeure on its main coal export line after a train derailed on the line and violence delayed cleanup efforts, Bloo
Mongolia exported 1.92 million tonnes of coal during the first half of November, up 1.07% compared with the same period in October and jumping 144.95% year on year, according to the National Statistic
China and Mongolia agreed during Mongolian President Ukhnaagiin Khurelsukh's visit to China during November 27-28 to support companies in the two nations to expand coal and iron ore trades and sign me
China's economic planner in a latest notice required stable coal production and shipment from Shanxi and Inner Mongolia despite the resurgent COVID infections in the top two coal provinces recently.
The Purchasing Managers' Index (PMI) in the steel sector, an economic indicator for the industry, declined by 4.2 to 40.1 in November, down for the second straight month, according to the latest data
Indonesian thermal coal prices, that were observing a declining trend since the past two months, have seen some positive movement this week. While market participants expect a rise in tom
China's manufacturing and services activity decreased further in November, official data showed on November 30, as COVID-related disruptions intensified. In November, the Purchasing Manag
Coal production in Russia's Kuzbass basin reached 19 million tonnes in October, down 12% from 21.6 million tonnes in October 2021, data from Ministry of Coal Industry of Kuzbass showed. T
CHN Energy Xinjiang Energy Co., Ltd stepped up efforts to restore outbound coal transportation by truck that had been disrupted again by the COVID outbreaks in Xinjiang and Inner Mongolia.
The Union Finance Ministry has reintroduced import duties of 5% and 2.5% on metallurgical coke and coking coal, respectively, which were revoked in end-May this year. The Russia-Ukraine w
Thermal coal miners at China's main production areas started to accelerate price downside revisions from November 22, Sxcoal learned from local miner sources. The move tries to boost sales and relieve
Newcastle thermal coal prices increased as demand is expected to surge in Europe where temperatures are forecast to start dropping dramatically in the next two weeks. On November 25, the
China's thermal coal miners at main production areas expressed their pessimism about further price cuts in the near term, as coal sales didn't show notable improvement signs since previous declines.
China's top economic planner plans to place 2.9 billion tonnes of thermal coal into the medium- and long-term contracts in 2023, up from 2.6 billion tonnes this year, according to market sources famil
China's coking coal imports snapped a seven-month rising streak in October, but still exceeded 6 million tonnes for fourth consecutive month, being the second-highest level for the corresponding perio
Coking coal prices rebounded in China's main production areas last week as some low-stocked coke makers started purchases after seeing recovered profits and rising futures. This alleviated stock press
China's thermal coal prices in mine-mouth market are expected to drop further following recent retreats amid multiple unfavorable factors. Coal supply kept loosening with recovery of some
Coal stocks at China's main coal transshipment port of Qinhuangdao climbed to 5.62 million tonnes on November 25, hitting the second-highest level so far in the year and much closer to the year-ago le
China's 5,500 Kcal/kg NAR thermal coal prices slumped below 1,300 yuan/t FOB northern portson November 23, as traders started dumping cargoes as panic sentiment was growing alongside sharper pri
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