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
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
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
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