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

Last week thermal coal prices on the European market fluctuated in the range of 105-110 USD/t, having consolidated on Friday above 110 USD/t. Pressure on quotations continues to be exerted by such negative factors as lower temperatures in the region, increased RES generation, as well as correction in gas prices. Total stocks at ARA terminals remained unchanged at the level of 7 mio t.

RELATED POSTS

World-coal-market

World coal market: brief overview

6 hours ago
Daltransugol-capacity-hike

Daltransugol boosts coal handling capacity up to 33 mio t

6 hours ago
Coal-industry-losses

Losses of Russian coal companies hit 1 billion USD in Q1 2025

6 hours ago

Gas prices at the TTF hub decreased to 326 USD/1,000 m3 (-4 USD/1,000 m3 w-o-w). The EU’s UGS (underground gas storage) occupancy was 86%, well above the five-year average. In addition, European companies are returning to active utilization of Ukrainian UGS facilities.

South African High-CV 6,000 spiked above 105 USD/t, leveling off the lag behind European quotes.
Exports through Richards Bay Coal Terminal (RBCT) are recovering after scheduled maintenance of the rail line, while shipments are expected to grow up to 5 mio t in August (+1 mio t to July 2023). Meanwhile, exporters forecast truck deliveries to other ports and terminals, including Mozambique’s Maputo, to fall sharply to 8-9 mio t this year, down from 15-16 mio t in 2022, as FOB prices below 140-150 USD/t make such supplies economically unviable.

The IEA published a forecast showing that in 2023 South Africa’s production is expected to fall by 4.2% to 220 mio t, caused by reduced domestic demand, resulting from infrastructure issues and deteriorating technical condition of power plants.

In China, spot prices for 5,500 NAR at the port of Qinhuangdao dropped by 2 USD/t to 120 USD/t on the back of higher hydro generation and reduced cooling demand after temperatures fell with the arrival of typhoons. However, the typhoons also led to a temporary restriction on coal mining and transportation via the Daqin rail line from 1.3 mio t a week earlier to 0.3 mio t.

China’s eight major mining provinces, including Shanxi and Inner Mongolia, reported an increase in coal production in H1 2023 to 2.1 billion t (+0.08 billion t or +4% vs. H1 2022).

Coal stocks at 9 largest ports of China remained almost unchanged at the level of 25.7 mio t (-0.2 mio t w-o-w). Nevertheless, coal consumption at 6 largest thermal power plants decreased by 2% to 857 kt, while stockpiles rose to 14 mio t (+0.5 mio t w-o-w).

Indonesian 5,900 GAR strengthened to 91 USD/t (+3 USD/t w-o-w). Some Indonesian producers are planning to abandon spot supplies by the end of the year due to low prices and rising production costs. By limiting production, some producers are going to focus on fulfilling long-term contracts.

Bumi Resources, the country’s largest coal company, posted a sharp drop in H1 2023 profit despite revenue growth, attributed to declining coal prices and a significant increase in taxes. Despite the worsening performance, Bumi Resources, however, maintains its 2023 production guidance of 75-80 mio t.

In H1 2023, the country’s total coal production totaled 367 mio t. If current pace is maintained, the output may reach 734 mio t in 2023. (+7% vs. 2022).

High-CV Australian 6,000 was holding near 140 USD/t level. The spread between supply and demand prices remains wide, as Australian and Indonesian suppliers are not rushing to cut prices.

Australian metallurgical coal prices surged above 245 USD/t on a recovery in demand from China and India, where the rainy season is coming to an end.

Source: CAA


RELATED POSTS

World-coal-market

World coal market: brief overview

6 hours ago
Daltransugol-capacity-hike

Daltransugol boosts coal handling capacity up to 33 mio t

6 hours ago
Coal-industry-losses

Losses of Russian coal companies hit 1 billion USD in Q1 2025

6 hours ago
Tags: CAA Analysiscoal pricesglobal coal demandRussian coal productionworld coal market
Editor

Editor

Related Posts

World-coal-market
Coal Demand

World coal market: brief overview

6 hours ago
Daltransugol-capacity-hike
Coal Demand

Daltransugol boosts coal handling capacity up to 33 mio t

6 hours ago
Coal-industry-losses
Coal Demand

Losses of Russian coal companies hit 1 billion USD in Q1 2025

6 hours ago
No-profit-for-coal-miners
Coal Demand

Coal exports are profitable for all but coal companies

1 week ago
World-coal-market
Coal Demand

World coal market: brief overview

1 week ago
Kuzbass-production-4-months-2025
Coal Demand

Coal production in Kuzbass down 4.9% in Jan-Apr 2025

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 26, 2025
steel-manufacturing

Coal used in steelmaking designated as a critical material

May 26, 2025
Russian-coal

Explosion at Yakutugol’s washing plant in Neryungri

May 12, 2025

Recent Post

No-profit-for-coal-miners

Coal exports are profitable for all but coal companies

June 3, 2025
World-coal-market

World coal market: brief overview

June 3, 2025
Kuzbass-production-4-months-2025

Coal production in Kuzbass down 4.9% in Jan-Apr 2025

May 26, 2025
Russian-coal-industry-losses-in-Q1-2025

Russian coal industry crisis intensifies, with losses in Q1 2025 exceeding 875 mio USD

May 26, 2025
World-coal-market

World coal market: brief overview

May 26, 2025
steel-manufacturing

Coal used in steelmaking designated as a critical material

May 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

Losses of Russian coal companies hit 1 billion USD in Q1 2025

Daltransugol boosts coal handling capacity up to 33 mio t

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
  • 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.