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Source: REUTERS, August 9, 2019

China’s July coal imports jump 21% on st...

China’s coal imports jumped 21.4% in July from a month earlier to 32.89 million tonnes, customs data showed, boosted by strong demand for electricity as households and businesses cranked up their air conditioning in the face of hot weather.<... Continue reading

coal supplier, coal trader, coal seller
news
Source: Hellenic Shipping News Worldwide, August 9, 2019

Baltic Dry Index climbs to 1720, up 8 po...

Thursday, August 08 2019, the Baltic Dry Index climbed by 8 points, reaching 1720 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 inde... Continue reading

coal supplier, coal trader, coal seller
news
Source: REUTERS, August 8, 2019

Australia's Stanmore Coal gets $300 mill...

Australia’s Stanmore Coal (SMR.AX) on Wednesday said it had received a takeover proposal from privately held Winfield Energy valuing the coal miner at up to A$435 million ($292 million).



The offer represented a premium of up to 36.... Continue reading

coal supplier, coal trader, coal seller
news
Source: REUTERS, August 8, 2019

CBA joins global push to limit emissions...

Commonwealth Bank of Australia (CBA.AX) became the latest company to join a global push to reduce emissions and said it would phase out its exposure to thermal coal or power plants by 2030.



The company announced a new environmental and s... Continue reading

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news
Source: Argus Media, August 8, 2019

Indonesian physical coal prices steady t...

Physical prices of low-calorific value Indonesian coal were flat to slightly softer today following the results of a Chinese utility tender, which was awarded at prices below recent spot deal levels.



Chinese utility Huaneng purchased 690... Continue reading

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news
Source: The Economic Times, August 8, 2019

Tata Steel Q1 profit plunges 65% to Rs 6...

Tata SteelNSE -3.72 % said consolidated net profit in the June quarter fell 64.5 per cent to Rs 683.13 crore from 1,922.85 crore a year ago, due to higher expenses. 



Analysts in an ET NOW poll had projected a profit of Rs 1,424 cror... Continue reading

coal supplier, coal trader, coal seller