WhatsApp)
The price decline reflects slowing demand for coal for use in power generation. In Japan and Taiwan, two of the main Asian markets for highgrade thermal coal, a shift from coal to renewable
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off 100 a tonne despite the onset of the...
Earlier this year the oil market suffered a historic price collapse as pandemic blunted demand left... Conference Caribbean Energy Conference, 21st Jan. 1 3, 2021
Sep 13, 2017#0183;#32;SINGAPORE, Sept 13 (Reuters) Australian coal cargo prices for export from its Newcastle terminal hit a 2017high of per tonne at their last close, driven by strong Asian demand.
Thermal coal, tagged the leastloved major commodity by analysts, is defying sceptics, with prices rising to the highest level since 2012 thanks to strong Asian demand.. Highgrade Australian
Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australias Newcastle thermal coal ending at a tonne on Wednesday, down % from
Thermal coal, tagged the leastloved major commodity by analysts, is defying sceptics, with prices rising to the highest level since 2012 thanks to strong Asian demand. Highgrade Australian
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a shortterm phenomenon that may well end up having a longerterm impact, especially on thermal coal.
Dec 05, 2020#0183;#32;SINGAPORE: Asian spot prices for liquefied natural gas rose to a nearly twoyear high this week as demand continued to be firm for heating during winter and as buyers faced supply issues, trade sources said. The average LNG price for January delivery into Northeast Asia was estimated at about per million British thermal units (mmBtu), up 70 cents from the previous week, the
There is an increasing disconnect between the price of thermal coal and liquefied natural gas (LNG) in Asia, with the dirtier fuel holding its value while LNG is dragged down by the collapse in crude oil.
Plunging oil prices have set longterm LNG supply in northeast Asia on a potential collision course with thermal coal, threatening the solid fuel''s current cost advantage for power generation and posing a new downside risk to coal prices and demand next winter.
Apr 16, 2020#0183;#32;Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australia''s Newcastle thermal coal ending at a tonne on Wednesday, down per cent from their peak so far this year of on Jan. 13.
The Guardian: Australian coal exporters have experienced the biggest annual drop in thermal coal prices in more than a decade during 2019, raising doubts about industry projections that demand will continue to grow. The spot price of thermal coal, which is burned to generate electricity, was US (95) last week, down more than a []
Thermal coal prices collapse after virus lockdowns sap demand. Coronavirus lockdowns have hit the market for thermal coal, where demand is expected to fall by the most this year since the second
Oct 28, 2020#0183;#32;The report was commissioned to Commodity Insights and it states that Asian thermal coal imports are expected to grow by more than 270 million
Dec 14, 2020#0183;#32;Fitch RatingsShanghai/Singapore14 December 2020: Prices for the benchmark Newcastle 6,000kcal/kg grade coal have rebounded to over USD70/tonne since late November as major Asian economies ease lockdowns and suppliers cut production in 2H20, says Fitch Ratings in a new report. The spread between Chinese and seaborne coal prices remained high at over USD40/tonne for the 5,500kcal/kg grade coal
Apr 16, 2020#0183;#32;Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australias Newcastle thermal coal ending at a
Australian thermal coal prices are the highest since before the global financial crisis as Asian demand grows, serving up record profits, dividends and more growth plans for Whitehaven Coal, and
Dec 10, 2020#0183;#32;Supply and demand in the seaborne thermal coal market has returned to balance, driving up export spot prices over the last few weeks, Samp;P Global Platts Analytics said in
WhatsApp)