The Coal Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Demand

Review of global coal markets – week 50

Editor by Editor
2 years ago
min read2 min
global coal prices
Share on FacebookShare on TwitterShare on Linkedin

Over the past week, thermal coal indices in Europe inched higher to more than 64.0 USD/t due to the lowering wind generation in the EU, a reduction in coal ARA reserves and uncertainty in the European gas market as a result of sanctions against Nord stream-2. Windmill electricity generation in a number of European countries fell to 961 GWh (-42 GWh or -5% to Dec 02, 2020). Partial recovery of the water lines on the Rhine river contributed to the reduction of ARA coal reserves, which fell to 5.41 mio t, the lowest level since June 2018. Delay in launching the Nord stream-2 gas pipeline from Russia to the EU due to US sanctions creates uncertainty in the European gas market. As of Dec 09, 2020, TTF gas prices increased by 23% to 14.5 EUR/MWh from the end of July 2020, stimulating coal burning.

RELATED POSTS

StableCoin

Russia considers launching stablecoins to settle export supply payments

4 days ago
World-coal-market

World coal market: brief overview

4 days ago
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

7 days ago

South African coal indices are supported at around 82.0 USD/t by heightened demand of Indian cement companies. Despite coal sales of the Indian mining company CIL to the domestic market, South African coal imports are growing due to the poor quality of coal produced by local Indian companies. Coal reserves at Richards Bay port terminals decreased to 3.4 mio t (-0.4 mio t to Dec 02, 2020).

Stronger demand of Japanese and Indian generating companies contributed to the growth of Australian coal quotes despite the import ban of China, which is the major consumer of Australian material.

On December 04, 2020 Osaka prefectural court (Japan) ordered the government to invalidate the permit for the operation of two units of Ohi nuclear power plant with a total capacity of 2.360 MW, owned by Kansai Electric Power. The court satisfied the claim of local residents referring to seismic activity in the region. A decrease in average daily temperatures due to the onset of the winter season, as well as a reduction in energy production by local nuclear power plants, may spur coal generation in Japan in the coming months.

On December 08, 2020 during a state conference in Taiyuan, the capital of the Chinese coal province of Shanxi, the head of the national energy administration of China, Lu Junlin, pointed out that China intends to increase the production of premium coal grades with low ash and sulfur content until 2025.

This provision is part of the 14th five-year economic plan of China. In addition, the Chinese government plans to significantly reduce inefficient coal mining capacity and close mines with low production volumes. At the same time, coal reserves at mines in a number of Chinese provinces will increase to 200 mio t by the end of 2025, compared to 30 mio t currently.

Chinese companies seeking to ramp up the coal stocks before the start of the heating season are supporting prices of Indonesian coal.

The reduction in coking material production by some Australian enterprises, as well as the demand of metallurgical plants in a number of countries in the Asia-Pacific region, strengthened the prices of coking coal of Australian origin.

Source: CAA Analytics

Follow on Twitter:

Tweets by "CAA_Analytics"
Tags: Australian coalCAA AnalyticsCerrejonChinese coal demandColombian coalRussian coalSouth African coalworld coal market
Editor

Editor

Related Posts

StableCoin
Coal Demand

Russia considers launching stablecoins to settle export supply payments

4 days ago
World-coal-market
Coal Demand

World coal market: brief overview

4 days ago
Global coal consumption: not dead (yet)?
Coal Demand

Global coal consumption: not dead (yet)?

7 days ago
Coal-production-in-Kuzbass
Coal Demand

Coal production in Kuzbass down 8% in 2022

2 weeks ago
World-coal-market
Coal Demand

World coal market: brief overview

2 weeks ago
Australia cracks down on coal miners with price cap
Coal Prices

Australia cracks down on coal miners with price cap

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

coal-EU

New trading firm Panem to supply Kazakh coal to EU

January 13, 2023
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

February 1, 2023
EU-coal

EU coal’s steep discount to Pacific suggests muted demand

January 13, 2023

Recent Post

StableCoin

Russia considers launching stablecoins to settle export supply payments

February 3, 2023
World-coal-market

World coal market: brief overview

February 3, 2023
Pacific coal prices retain record premium over Europe

Pacific coal prices retain record premium over Europe

February 2, 2023
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

February 1, 2023
Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

February 1, 2023
World-coal-market

World coal market: brief overview

January 27, 2023

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact

Recent Posts

Russia considers launching stablecoins to settle export supply payments

World coal market: brief overview

Pacific coal prices retain record premium over Europe

Energise your Friday!

Sign up to receive our weekly newsletter (each Friday) with new coal market reports, presentations & analysis.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 TheCoalHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Friday!

Interested in coal markets? Do you want our free email each FRIDAY with at least 3 new COAL reports & presentations?

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?