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News

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Source: Platts, October 9, 2019

Met coal market focusing on Chinese dema...

Chinese demand for met coal in the spot seaborne market after the Golden Week holiday will focus on November laycan cargoes, with the level of buying determined by how China handles its import policy across the fourth quarter.



The market... Continue reading

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

Baltic index marks best day in a month o...

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, recorded its best day in a month on Tuesday, bolstered by higher demand for all vessel segments.



The Baltic index, which refl... Continue reading

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

Eskom’s $4 Billion-Coal Bill Headache La...

South Africa wants coal producers to help debt-stricken state power utility Eskom Holdings SOC Ltd. tackle its skyrocketing costs of the fuel — a problem that’s largely of its own making.



Eskom traditionally signed so-called... Continue reading

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

Coal mine Cerrejon to reduce output amid...

Cerrejon, one of Colombia’s largest coal mines, will reduce its operations by up to 18% because of a fall in international prices and amid an ongoing court case, the company’s chief executive said.



Colombia, the world’s... Continue reading

coal supplier, coal trader, coal seller
news
Source: The Economic Times, October 7, 2019

Major ports record marginal upswing in c...

The country's top-12 major ports have recorded a marginal 1.48 per cent upswing in cargo handling at 348.44 million tonne (MT) in the April-September period of the current financial year, according to ports' apex body IPA. 

... Continue reading

coal supplier, coal trader, coal seller
news
Source: Platts, October 7, 2019

India seaborne thermal coal demand up af...

Severe flooding at one of Coal India’ largest mines has pushed up demand for imported thermal coal, market sources said.



The flooding at Dipka mine, in Central India, was caused by heavy rain and hit affected coal output, they said... Continue reading

coal supplier, coal trader, coal seller