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News

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Source: S&P Global, September 28, 2019

China's new coal-electricity price mecha...

China has announced that it will remove the coal-electricity price linkage mechanism starting January 1, a move that would be likely to further dampen domestic thermal coal prices, market sources said Friday.



According to a State Council... Continue reading

coal supplier, coal trader, coal seller
news
Source: Bloomberg, September 28, 2019

Coal is Piling Up in Europe as Utilities...

Stockpiles of coal are surging at some of Europe’s largest ports as utilities from Germany to Spain are increasingly favoring cleaner gas in power generation.



Reserves at ports in Rotterdam, Amsterdam and Vlissingen last week rose... Continue reading

coal supplier, coal trader, coal seller
news
Source: Argus Media, September 28, 2019

Colombia revives plan to tax coal burner...

Coal-producing Colombia is reviving a plan to levy a carbon tax on coal-fired power generators and industries.



The ministry is working on a "clean growth and sustainable development" bill that would apply a tax of 16,000 Colomb... Continue reading

coal supplier, coal trader, coal seller
news
Source: S&P Global, September 28, 2019

Analysis: India's red carpet for foreign...

India's move to open its coal sector could attract global mining majors and help boost domestic output, with analysts believing peak demand is still years away in a country where coal contributes more than half the energy needs.



Regi... Continue reading

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news
Source: Xinhua, September 28, 2019

China’s benchmark power coal price remai...

China’s benchmark power coal price remained flat during the past week.



The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 578 yuan (about 81.2 U.S. dollars) per tonne We... Continue reading

coal supplier, coal trader, coal seller
news
Source: Hellenic Shipping News Worldwide, September 28, 2019

Baltic Dry Index falls to 1857, down 106...

Friday, September 27 2019, the Baltic Dry Index decreased by 106 points, reaching 1857 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... Continue reading

coal supplier, coal trader, coal seller, baltic dry index