critical-minerals-hub critical-minerals-hub critical-minerals-hub
The Coal Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Demand

World coal market: brief overview

Editor by Editor
3 years ago
Reading Time: 2 mins read
World-coal-market
Share on FacebookShare on TwitterShare on Linkedin

Last week, European thermal coal indices fell below 275 USD/t, following a drop in gas prices and positive shifts in the negotiations between Russia and Ukraine. Germany refused to support the EU initiative to impose an immediate ban on Russian coal imports, however, plans to stop buying coal from Russia by this September, while Poland intends to cut off Russian coal supplies by May 2022. Moreover, Poland decided not to wait for the approval from the European Commission and stop to import Russian coal at the state level, despite it would contradict the EU trade law. Coal stocks at ARA terminals amounted to 3.2 mio t (+0.3 mio t by March 23, 2022).
South African coal index also adjusted below 265 USD/t. South African rail operator Transnet will not manage to transport the planned 70 mio t of coal this year, driven by weak Q1 2022 results. (14 mio t versus 15.6 mio t in Q1 2021). This year’s loading is expected to be 60-65 mio t, i.e. increase by about 20% from 58 mio t in 2021, but will not exceed the 2020 level of 70 mio t.
In China, spot prices for 5500 NAR fell by almost 26 USD/t to 227 USD/t FOB Qinhuangdao. Coal indices in China’s domestic market continued to correct amid recently imposed restrictions, resulting from COVID-19 outbreak and fears of tighter monitoring and control by local regulators. Next month China’s National Development and Reform Commission (NDRC) is launching an online platform to monitor prices and transactions to stabilize the market. According to NDRC order, from April 01, 2022 all mining companies will be required to provide information on prices and production costs, while data on spot market transactions will have to be reported on a daily and weekly basis.
Australian coal prices rose to 270 USD/t, being supported by the increased demand from Asian and European consumers. Japanese company Idemitsu Kosan rejected new supplies of Russian coal in favor of Australia due to the uncertainty with payment and possible logistical constraints.
Indonesian 5900 GAR decreased to 209 USD/t FOB Kalimantan on the back of lower activity of Chinese buyers. At the same time, Indonesian mining companies point out that they will not be able to meet March production and export plans because of heavy rains and insufficient number of barges, the availability of which is limited by redirecting most of them to operate in the domestic market.
Australian metallurgical coal indices fell below 520 USD/t as export shipments increased by 8% from last week to 7.5 mio t. Japanese steel company Nippon Steel and mining company Peabody agreed on a 300 USD/t PCI benchmark for Q1 2022 FOB (+20% to Q4 2021 benchmark of 250 USD/t).

RELATED POSTS

World-coal-market

World coal market: brief overview

2 days ago
Measures-to-support-Russian-coal-industry

Putin approves measures to support Russian coal industry

2 days ago
Russian-coal

Explosion at Yakutugol’s washing plant in Neryungri

1 week ago

Source: CAA

Tags: CAAcoal pricesglobal coal demandRussian coal productionworld coal market
Editor

Editor

Related Posts

World-coal-market
Coal Demand

World coal market: brief overview

2 days ago
Measures-to-support-Russian-coal-industry
Coal Demand

Putin approves measures to support Russian coal industry

2 days ago
Russian-coal
Coal Production

Explosion at Yakutugol’s washing plant in Neryungri

1 week ago
Russian-coal
Coal Production

Kuzbass coal production down 4.5% in Jan-Mar 2025

1 week ago
power-generation
Coal Demand

India’s coal fired generation surges in March

2 weeks ago
Elga-rail-line
Coal Demand

Elgaugol launches construction of second railroad line

4 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

World-coal-market

World coal market: brief overview

April 26, 2025
power-generation

India’s coal fired generation surges in March

May 5, 2025
Russian-coal

Explosion at Yakutugol’s washing plant in Neryungri

May 12, 2025

Recent Post

World-coal-market

World coal market: brief overview

May 19, 2025
Measures-to-support-Russian-coal-industry

Putin approves measures to support Russian coal industry

May 19, 2025
Russian-coal

Explosion at Yakutugol’s washing plant in Neryungri

May 12, 2025
Russian-coal

Kuzbass coal production down 4.5% in Jan-Mar 2025

May 12, 2025
power-generation

India’s coal fired generation surges in March

May 5, 2025
Elga-rail-line

Elgaugol launches construction of second railroad line

April 26, 2025

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
  • Petcoke

Recent Posts

World coal market: brief overview

Putin approves measures to support Russian coal industry

Explosion at Yakutugol’s washing plant in Neryungri

Energise your Monday!

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

Your subscription could not be saved. Please try again.
Your subscription has been successful.

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

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.