China's twice-revised proposal to ban some imports of lower calorific value thermal coal, predominantly from Indonesia, and some US higher-sulfur thermal coal, was close to being suspended as a pretext to being quietly dropped, according to ...
Tags: Low CV Thermal Coal, Chemicals
China will no longer be the strong driver of the international thermalcoal market that it has been in the past three years, Deutsche Bank saidFriday in a report. Using annualized year-to-date figures, Deutsche Bank said China's 2013coal ...
Tags: thermalcoal, Metallurgy, Mineral, Energy
The Asian thermal coal market is cautiously awaiting a decision from China, wondering if Beijing is serious about imposing a ban on imports of low calorific value coal, according to a range of market players interviewed by Platts Monday at ...
Tags: Low CV Coal, Import Ban
Australian miner BHP Billiton has said that it expects the coal market to be "comfortably supplied" in the near term, with Australian quality hard coking coals expected to remain among the most highly valued. According to BHP Billiton, the ...
Tags: coking coal, raw mat, Australia, Oceania, BHP, opinion, mining, Istanbul
China could be ready to deploy its proposed embargo on imports of thermal coal with a calorific value of less than 4,540 kcal/kg on a net-as-received basis, and on thermal coal with a sulfur and ash content of more than 1% and 25% ...
Tags: Low CV Coal Imports, Chemicals
Market reports that China's National Energy Administration is considering a proposal to outlaw the import of some grades of lower calorific thermal coal has been greeted with a mixture of consternation and disbelief by participants in the ...
Tags: Asia Market, Thermal Coal
Dalian Commodity Exchange (DCE) has announced that it has launched coking coal futures trading as of March 22, indicating that launch of coking coal futures has great significance in improving the coal market system and playing a ...
Canada's Morien Resources is heading up a group of investors and coal buyers in talks with Xstrata Coal about buying its 75% stake in the $500 million Donkin coal project in Nova Scotia, a source close to the situation said Monday. The ...
China should take advantage of relatively low coal prices and import more to satisfy electricity demand in its most populous provinces, instead of relying on domestic coal, which is expensive to transport, according to a Chinese government ...
Tags: domestic coal, coal prices, coal
FOB prices for Australian 5,500 kcal/kg and 6,000 kcal/kg net-as-received spot cargoes came under intense pressure Thursday from a firmer freight market, lower Asian physical demand and weaker prices for domestic coal in China, market ...
Tags: spot cargo, Thermal Coal, Asia
Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
Peabody Energy has set a 2013 capital expenditure budget of $450 million to $550 million, roughly half that of 2012, and will further defer "early-stage" projects until coal market conditions improve, the St. Louis-based producer said ...
Poor weather at Qinhuangdao and other coal export ports in northeast China have impeded some coal shipments to power plants along the Asian country's coastline, but well-covered Chinese end users were refraining from panic buying in the ...
Tags: Qinhuangdao, coal shipments, coastline