A tenuous supply and demand balance is expected in the global seaborne thermal coal market in 2020 as trade dynamics shift and new growth areas emerge, speakers at the CoalTrans Conference in Vietnam said Tuesday.
Seaborne trade for ther... Continue reading
South32 is set to divest its thermal coal assets in South Africa Energy Coal (SAEC) to Seriti Resources in an upfront payment deal worth around ZAR100 million ($9.8 million).
SAEC has incurred South32 $US578 million ($851.8 million) in i... Continue reading
Wednesday, November 06 2019, the Baltic Dry Index decreased by 123 points, reaching 1533 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. T... Continue reading