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

World coal market: brief overview

Editor by Editor
9 months ago
min read2 min
World-coal-market
Share on FacebookShare on TwitterShare on Linkedin

The European market saw thermal coal quotations rise above 350 USD/t last week amid an upcoming embargo on Russian coal as well as fears of outages at French nuclear power plants caused by the required maintenance.

RELATED POSTS

Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

3 days ago
World-coal-market

World coal market: brief overview

3 days ago
Australia cracks down on coal miners with price cap

Australia cracks down on coal miners with price cap

3 days ago

Civil protests in Colombia led to the suspension of rail shipments of coal from Cerrejon (Glencore) deposits to the port of Bolivar, that was an additional factor supporting coal prices in Europe. Coal stocks at ARA terminals increased to 5.9 mio t (+0.3 mio t or +7% w-o-w), which is the highest level since November 2020.

Increased demand for South African material from EU countries, seeking to replace Russian coal supplies, continues to push South African indices above 355 USD/t. Exporters are building coal stockpiles at Richards Bay Coal Terminal (RBCT) ahead of maintenance work scheduled for July 12-21 on the railway line between South African coal-producing provinces and RBCT. Coal stocks at Richards Bay amounted to 3.4 mio t (+1.4 mio t y-o-y).

In China, spot prices for 5500 added 3 USD/t to 184 USD/t FOB Qinhuangdao. Low coal reserves in Chinese ports and power plants, amid ongoing restrictions due to COVID-19, strengthened thermal coal quotations in the Chinese domestic market. As of May 16, 2022, inventories at Bohai Bay ports decreased to 12.6 mio t (-17.4% y-o-y), including coal stocks at Qinhuangdao port, totaling 4.7 mio t (-6.2% y-o-y).

The increase in Australian quotes above USD 430 USD/t was driven by strong demand from Japan and South Korea, striving to substitute coal imports of Russian coal. The ongoing FY benchmark negotiations between Australia and Japan, as well as heavy rains in Australia, hampering production ramp-up, also had a positive impact on coal prices from Australia.

The ongoing fiscal year benchmark negotiations between Australia and Japan, as well as heavy rains in Australia, hampering coal extraction growth, also had a positive impact on coal prices in Australia.

Indonesian 5900 GAR climbed to 200 USD/t FOB Kalimantan. High trading activity by Indian generators, who are restocking, following record high average daily temperatures, continues to support priced for Indonesian material.

A tight supply of metallurgical coal on the global market, along with strong demand from Asian steelmakers, strengthened Australian metallurgical indices to 530 USD/t.

Source: CAA

Tags: CAAcoal pricescoking coalglobal coal demandKuzbass coal productionRussian coal productionworld coal market
Editor

Editor

Related Posts

Coal-production-in-Kuzbass
Coal Demand

Coal production in Kuzbass down 8% in 2022

3 days ago
World-coal-market
Coal Demand

World coal market: brief overview

3 days ago
Australia cracks down on coal miners with price cap
Coal Prices

Australia cracks down on coal miners with price cap

3 days ago
Russian-coal-imports
Coal Demand

China sharply increased Russian coal imports in 2022

1 week ago
World-coal-market
Coal Demand

World coal market: brief overview

1 week ago
Chinese coal production up 9% in 2022
Coal Demand

Chinese coal production up 9% in 2022

1 week ago

Leave a Reply Cancel reply

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

No Result
View All Result

Trending Posts

Australian met coal to benefit most from China ban lift

Australian met coal to benefit most from China ban lift

January 6, 2023
Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

January 27, 2023
EU-coal

EU coal’s steep discount to Pacific suggests muted demand

January 13, 2023

Recent Post

Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

January 27, 2023
World-coal-market

World coal market: brief overview

January 27, 2023
Australia cracks down on coal miners with price cap

Australia cracks down on coal miners with price cap

January 27, 2023
Russian-coal-imports

China sharply increased Russian coal imports in 2022

January 20, 2023
World-coal-market

World coal market: brief overview

January 20, 2023
Chinese coal production up 9% in 2022

Chinese coal production up 9% in 2022

January 20, 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

Coal production in Kuzbass down 8% in 2022

World coal market: brief overview

Australia cracks down on coal miners with price cap

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?