May 18, 2019
China’s thermal coal demand has been on the rise in the lead up to the summer peak season, but high inventories at power plants could continue to put pressure on thermal coal prices in the coming weeks, Citi analysts said in a note Thursday.... Continue reading
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May 18, 2019
Utilities could feel the impact of flooding in the Midwestern US for months to come, railroad and coal sector representatives said.
Powder River Basin coal shipments were hit the hardest by the combination of cold winter weather early in... Continue reading
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Source: Hellenic Shipping News Worldwide,
May 17, 2019
Friday, May 17 2019, the Baltic Dry Index climbed by 8 points, reaching 1040 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is... Continue reading
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May 16, 2019
Top Polish government officials will meet on Tuesday to discuss a threat by Australia’s Prairie Mining to sue Warsaw over difficulties it faced in developing two coal projects, the government said on Thursday.
Prairie Mining has sa... Continue reading
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Source: S&P Global,
May 15, 2019
The Chinese Ministry of Finance has allowed for exemptions on US imports, which have been slapped with tariffs amid ongoing US-China trade tensions, and this includes coking coal, market sources in China said Wednesday.
... Continue reading
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Source: Argus Media,
May 15, 2019
US coking coal market participants are closely monitoring the unfolding challenges in the European steel sector, with four key consumers of US high-volatile grades either planning production cuts or facing less certain futures.
But the... Continue reading
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