China’s coal price slump likely to persist until start of summer
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners.
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Visit: 64
Increase in coal prices as a result of increased demand for steel
Mining News Pro - Restocking demand, Australian weather and the strength in global steel demand recovery are likely to drive seaborne coking coal prices in the Asia-Pacific in coming weeks after the spot market fell below $250/t fob Australia in November.
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Visit: 345
US coal prices climb past $200 as global energy crunch boosts demand
Mining News Pro - US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel.
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Visit: 548
Asia coal price hits record as global hunt for fuel escalates
Mining News Pro - Thermal coal in Asia advanced to a record as a threat of supply disruptions adds new risks to a global energy sector already engulfed in crisis.
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Visit: 630
Glencore profit more than doubles thanks to soaring coal price
Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last year’s figure thanks to its booming thermal coal business.
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Visit: 461
Glencore profit more than doubles thanks to soaring coal price
Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last year’s figure thanks to its booming thermal coal business.
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Visit: 583
Strong copper, coal prices power Teck Resources’ profit beat
Mining News Pro - Canadian miner Teck Resources Ltd on Wednesday beat market estimates for quarterly profit on the back of higher copper and coking coal prices, sending its shares 8% higher.
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Visit: 713
Copper, coal prices hit records, nickel jumps 30% overnight after wild week of trading
Mining News Pro - During a wild week for markets following the imposition of wide-ranging sanctions on Russia, a number of industrial metals hit all-time highs.
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Visit: 823
Despite green shift coal price is still raising
Mining News Pro - The dirtiest fossil fuel is still raising trillions of dollars of funding, despite finance industry pledges to back net zero carbon targets by the middle of the century.
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Visit: 366
China’s coal prices plunge after govt signals more price regulation
Mining News Pro - China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signalled further regulations for prices of the dirty power-generation fuel.
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Visit: 712
Iron ore price down as Beijing moves to cool coal prices
Mining News Pro - Iron ore prices continued to fall on Thursday as Beijing beefed up measures to cool surging coal prices.
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Visit: 369
China’s physical coal prices tell different story to futures
Mining News Pro - China’s coal futures have slumped about 35% from their recent record high, a move that looks dramatic but is actually a long way from what is needed to provide relief from the country’s energy crisis.
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Visit: 396
Coal prices may have peaked, top Philippine miner says
Mining News Pro - Coal prices may have reached a peak after hitting a record, though they will remain elevated until the first half of 2022, according to the head of the Philippines’ largest producer.
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Visit: 366
Sky-high coal prices won’t spur new mines in a greener world
Mining News Pro - The highest coal prices in years aren’t enough to spur investment in new mines in the face of heightened efforts by governments and financial institutions to get the world to abandon the dirtiest fossil fuel.
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Visit: 602
Coal price rise boosts New Hope
New Hope Group has flagged that the monthly average thermal coal price at its New South Wales operations has increased by 78 per cent since September 2020.
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Visit: 750
Eskom approves higher Duvha coal price
Mining News Pro - State-owned electricity producer Eskom confirmed on Monday that the Duvha coal supply agreement (CSA) had been increased to facilitate the sale of South32’s majority shareholding in South32 SA Energy Coal Holdings (SAEC) to black-owned resources group Seriti.
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Visit: 514
No thermal coal price recovery to 2019 highs
Mining News Pro - Fitch Solutions is revising down its thermal coal price forecast for 2020 to $55/tonne from $65/tonne as demand for Newcastle coal is set to remain weak while supply is ample, the market analyst said in its latest report.
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Visit: 736
Seaborne coal prices under pressure as demand softens in China, India
Mining News Pro - Worrying signs are emerging for coal exporters to the world’s biggest markets in Asia, as top buyers China and India move to favour domestic supplies over seaborne imports.
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Visit: 676
China’s ‘green zone’ coal price tested as virus fight continues
Mining News Pro - China’s coal prices have sunk to levels that threaten State intervention, but this time policy makers may refrain from doing so as they continue efforts to buttress the economy hurt by the coronavirus pandemic.
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Visit: 583
Seaborne coal prices spike not expected to last long
Mining News Pro - Fitch Ratings predicts a short lifetime for the rise in seaborne thermal coal prices, caused by a supply disruption at Chinese coal mines amid prevention measures against the COVID-19 outbreak.
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Visit: 870
Coking coal price to remain elevated in 2019
Mining News Pro - In its latest industry trend analysis, Fitch Solutions sets the coking coal price forecast for 2019 at $195/tonne. The analysts predict prices will remain elevated, with strong demand from China`s steel sector as US-China relations deteriorate and the probability of further economic support from the government to the slowing Chinese economy rises.
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Visit: 948
Sinking shipping gauge signals trouble for iron ore, coal price
Mining News Pro - The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.
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Visit: 1143
Coal Price will Increase for 20 percent
Mining News Agency -“The decision to raise coal prices will be finalized at the Strategic Coal Support Committee, with the presence of the Minister of Industry, Mine and Trade.” Secretary of Iran’s Coal Association Said.
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Visit: 976
Three Main Reasons to Rise coal price
Mining News Agency -Coking coal price rises again.
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Visit: 1506
Coal import restriction helps coal price stabilizes in China
Mining News Agency -Affected by many factors, including the new policy of import restrictions on coal, China’s coal oversupply pressure has eased.
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Visit: 1543