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
2 weeks ago
min read2 min
World-coal-market
Share on FacebookShare on TwitterShare on Linkedin

Over the past week, thermal coal indices on the European market plunged below 320 USD/t amid falling electricity and gas prices, a forecasted increase in renewable energy generation as well as reduced concerns about supply shortages in the coal market as stocks at ARA terminals rose to 2-year highs. Coal inventories at ARA terminals reached 7.2 mio t (+0.4 mio t to June 01, 2022).

RELATED POSTS

World-coal-market

World coal market: brief overview

2 days ago
Coal-production

Coal production in Kuzbass down 4.8% in Jan-May 2022

2 days ago
API2 coal prices jump by more than $100/t

API2 coal prices jump by more than $100/t

2 days ago

The German government passed a bill allowing additional coal- and fuel oil-fired power plants to be activated in the event of a gas deficit, further enhancing the security of the country’s energy supply. A reserve of such power plants in Germany will be in place by March 31, 2023.

South African prices fell below 310 USD/t, following the European market indices, amid India’s diversification of purchases, including increased imports from Indonesia and growing supplies of Russian coal, being offered at a discount.

In China, spot prices for 5500 NAR strengthened to 189 USD/t FOB Qinhuangdao. The increase in steam coal prices on the Chinese domestic market resulted from the recovery in industrial activity due to the phasing out of lockdowns. Market participants are also concerned that Chinese increased coal inventories are mainly represented by low-CV coal, so the growth in demand will lead to their rapid depletion.

According to the National Energy Administration, China plans to commission 57 GW of new coal-fired generation capacity in 2022 (+23% y-o-y). As part of its energy security initiative, China’s investment in TPPs totaled 2.69 billion USD in January-April, up 55% year-on-year, compared with an 18% increase in 2021 and a 27% decline in 2020.
A downturn in trading activity among Asian consumers, who are taking a wait-and-see attitude due to high price levels, negatively impacted Australian prices, which adjusted below 400 USD/t. Indian consumers are paying more and more attention to Russian material, which is offered at a discount to  Australian material. Major market participants are buying large volumes of high-CV coal, splitting the lots into smaller batches and reselling them to minor traders.

Following Europe, Australian authorities intend to reopen 30% of previously closed coal-fired power  plants to address the energy crisis, recognizing that their decommissioning and abandonment of investment was premature. This initiative will lead to a corresponding decrease in the share of coal exports. Meanwhile, thermal coal exports in April 2022 fell to 15.1 mio t (-8% y-o-y).

Indonesian 5900 GAR traded at 195 USD/t. The Indonesian material was under pressure on lower demand from China, which has seen an increase in hydro generation, rising domestic production and high coal stocks. At the same time, high-CV coal is supported by demand from Japan, South Korea and Taiwan.
The Australian metallurgical coal index fell below 380 USD/t. The market is not seeing any demand from end-users at prices above USD 400/t FOB Australia as steel prices continue to decline, causing steelmakers in the Asia-Pacific market to take a wait-and-see approach.

Source: CAA

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

Editor

Related Posts

World-coal-market
Coal Demand

World coal market: brief overview

2 days ago
Coal-production
Coal Demand

Coal production in Kuzbass down 4.8% in Jan-May 2022

2 days ago
API2 coal prices jump by more than $100/t
Coal Demand

API2 coal prices jump by more than $100/t

2 days ago
railway-border-crossing-between-Russia-and-China
Coal Demand

RZD to launch new railway border crossing between Russia and China

1 week ago
World-coal-market
Coal Demand

World coal market: brief overview

1 week ago
USA coal exports: a tale of two markets
Coal Demand

USA coal exports: a tale of two markets

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

World-coal-market

World coal market: brief overview

May 27, 2022
World-coal-market

World coal market: brief overview

June 10, 2022
European-coal-imports-from-Russia

Coal imports from Russia to the European Union (EU) from 2017 to 2021

June 3, 2022

Recent Post

World-coal-market

World coal market: brief overview

June 24, 2022
Coal-production

Coal production in Kuzbass down 4.8% in Jan-May 2022

June 24, 2022
API2 coal prices jump by more than $100/t

API2 coal prices jump by more than $100/t

June 24, 2022
railway-border-crossing-between-Russia-and-China

RZD to launch new railway border crossing between Russia and China

June 17, 2022
World-coal-market

World coal market: brief overview

June 17, 2022
USA coal exports: a tale of two markets

USA coal exports: a tale of two markets

June 14, 2022

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

World coal market: brief overview

Coal production in Kuzbass down 4.8% in Jan-May 2022

API2 coal prices jump by more than $100/t

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?