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SEABORNE COAL PRICES
Iran war pushes Asia to think twice before doubling down on LNGA Middle East conflict has disrupted global liquefied natural gas supply. This has caused prices to surge, impacting Asian nations heavily ...- Coal India absorbs cost surge to shield consumersCoal India Limited is absorbing increased input costs to protect consumers from higher coal prices. Expenses for explosives and industrial ...
- Coal imports fall 8.5% in February amid high stockpiles, firm global pricesIndia's coal imports saw an 8.5 percent drop in February, reaching 16.55 million tonnes. This decline was driven by high domestic coal stoc...
- India’s coal imports dip 4.2% as domestic production rises amid global price surgeIndia's coal imports saw a significant drop of 4.2 percent in the April-January period. This decline is attributed to a strong push for sel...
- China and India lead modest revival in Asia thermal coal importsThermal coal imports in Asia show signs of recovery. Lower prices attract major buyers like China and India. China's Australian coal import...
- India's coal import rises 8% to 268 MT in FY24India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer...
- Baltimore bridge collapse may impact supply chains in APAC region, says Moody's AnalyticsThe collapse of Baltimore's Francis Scott Key Bridge may impact trade in the Asia-Pacific region, according to Moody's Analytics. The incid...
- S&P expects fall in met coal prices; Indian steel makers to benefit from rate correctionS&P Global Ratings predicts that metallurgical coal rates are expected to decrease significantly, benefiting Indian steelmakers, who import...
- Coal use seen peaking next year as India, China determine futureCoal power generation increased in each of the past two years as China and India battled electricity shortages and Europe tried to replace ...
- India's coal crunch adds to import cost woesThe power ministry also called for higher imports to meet the shortage of domestic supplies, according to a ministry document. This means t...
- India Inc to face significant cost inflation on high imported coal prices: ICRAAs per latest ICRA note on the coal sector, this will severely impact domestic users of imported coal since, notwithstanding some moderatio...
- China, India solve local coal supply, but seaborne prices stay highChina and India appear to have largely resolved their domestic coal supply issues, but their success in boosting output has yet to be fully...
- India's coal import rises 50% to 19 million tonnes in JuneOut of all the imported coal in June, non-cooking coal increased from 8.28 MT last year to 13.05 MT. Coking coal also rose to 4.06 MT from ...
- Global metallurgical coal prices may fall as China virus weighs on steel productionIn the very near term, impacts on domestic metallurgical coal supply are likely to be bigger than demand. Coal supply usually recovers as e...
- India to overtake China as largest importer of coking coal: Fitch SolutionsWhile China will remain dominant in terms of overall market share, India will become increasingly important in terms of seaborne demand.
- Coking coal prices expected to moderate as steel rates slideWith steel prices sliding from the highs of calendar year 2018 due to trade tensions and a slower pace of economic growth, coking coal pric...
- Domestic coal miners stare at subdued demand in the medium to long term: ICRAGovernment’s renewable plan includes taking the capacity to 175 GW by 2022 from the current capacity of around 58.3 GW.
- Indian coal demand to remain tepid: India-RatingsIndia Ratings feels that government’s policies on large seaborne trade and persistent substitution to renewable energy are likely to have a...
- Steel mills in India to benefit from cheap raw material: ICRASustained demand weakness especially in key end-user industries remains a concern for the domestic steel industry with a growth of mere 4.6...
- Goldman Sachs sees Indian coal worsening glutThe prospect of higher output from India, which is forecast to overtake China as the world’s largest importer of thermal coal, will likely ...
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