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Source: CNBC, October 10, 2019

Trump’s pledge to save US coal is failin...

Pledges by President Donald Trump to save the U.S. coal industry and boost so-called clean coal technology are proving to be no match for the free market. Competition from lower-cost natural gas and renewables has led to a wave of bankruptcies and... Continue reading

coal supplier, coal trader, coal seller
news
Source: The Hindu, October 9, 2019

Coking coal shipments rise 15% at 12 por...

Coal shipments handled by India’s 12 major state-run ports during April-September rose by 15.25 per cent to 29.29 million tonne (MT), according to a ports’ body.



The state-run ports had handled 25.41 MT of coking coal cargo i... Continue reading

coal supplier, coal trader, coal seller
news
Source: REUTERS, October 9, 2019

Australia's NAB trims coal price forecas...

National Australia Bank (NAB) has trimmed its forecasts for metallurgical coal and thermal coal for next year given weakening longer term demand prospects, it said on Wednesday.



It now sees thermal coal prices averaging at $70 a tonne in... Continue reading

coal supplier, coal trader, coal seller
news
Source: S&P Global, October 9, 2019

US coal production forecast to decline 1...

The US Energy Information Administration is forecasting a 17% decline in fourth-quarter coal production from the year-ago period, according to the agency's monthly Short-Term Energy Outlook.



The report, issued Tuesday, forecasts tota... Continue reading

coal supplier, coal trader, coal seller
news
Source: Bloomberg, October 9, 2019

Thermal Coal Import Likely To Cross 200...

India’s overall thermal coal import is likely to cross the 200-million tonne mark in the current financial year, according to ICRA.



“Thermal coal imports expected to cross 200 MT in fiscal year 2020,” ICRA said in a sta... Continue reading

coal supplier, coal trader, coal seller
news
Source: S&P Global, October 9, 2019

Indonesia sets Oct HBA thermal coal pric...

 Indonesia's Ministry of Energy and Mineral Resources set its October thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $64.80/mt, down 1.5% month on month and 35.8% year on year, the lowest since October 20... Continue reading

coal supplier, coal trader, coal seller