global-minerals-hub global-minerals-hub global-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
    • GLOBAL 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
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Demand

World coal market: brief overview – week 34

Editor by Editor
5 years ago
Reading Time: 2 mins read
world coal prices
Share on FacebookShare on TwitterShare on Linkedin

(CAA Analytics) Over the past week, despite gas indices approaching multi-month highs due to increased demand in a number of EU countries, coal prices on the European market fell to 48 USD/t.

RELATED POSTS

Russian-miners-losses

Russian coal companies’ losses may exceed 5 billion USD in 2025

13 hours ago
World-coal-market

World coal market: brief overview

13 hours ago
World-coal-market

World coal market: brief overview

1 week ago

According to experts, this dynamics stemmed from the expensive EU carbon quotas, expected increase in the supply of Colombian coal, as well as the growth in volumes of wind generation in Europe. The price of European quotas for CO2 emissions reached 26.20 euros / t (+0.26 euros/t to August 12, 2020).

South Africa’s largest coal producer, Exxaro Resources, reported a 39% increase in coal export sales and a 3% increase in domestic sales in H1 2020.

The Colombian mining regulator (ANM) rejected application of local producer Prodeco to halt its coal mines for 4 years. In March 2020, Prodeco shut down coal mines due to pandemic. The volume of daily wind generation in the 10 largest EU economies amounted to 538 GWh (+14.6% to August 12,2020), which had a negative impact on coal indices. In addition, abundant ARA coal reserves of 6.98 mio t (+3% to August 12, 2020) limit the potential growth of coal prices.

Gradual recovery in coal consumption of South African state-owned generating company Eskom and strong demand of cement companies in India supported export prices for South African material. However, the plans of the Indian state mining enterprise CIL to sell 15-20 mio t of coal to local buyers in August may negatively affect the quotes of coal from South Africa in the near future.

South Africa’s largest coal producer, Exxaro Resources, reported a 39% increase in coal export sales and a 3% increase in domestic sales in H1 2020. The company’s total sales of thermal coal in H1 2020 increased by 11% to 22.8 mio t from 20.6 mio t in H1 2019. The volume of export deliveries increased to 5.9 mio t from 4.3 mio t for the same period in 2019, while the average export price of the company decreased to 52 USD/t compared to 54 USD/t in the first half of 2019.

Heatwave, hitting several regions of China, spurred coal-fired generation, favorably impacting the indices of coal from Australia. In July 2020, electricity consumption in China rose to 682.4 TWh (+2.3% to July 2019). Apart from that, typhoon «Higos», bringing gales and torrential rains to Guangdong province (China), may restrain local coal supplies, boosting demand for imported coal of Australian origin.

International steel producers are expanding their production capacity, expecting a recovery of demand in Q4 2020-Q1 2021.

Low bidding activity in the Indonesian market in the run-up to the national holidays in August 20-21, 2020, along with waning demand of Chinese coal-fired power plants for low-calorific material from Indonesia, resulted from the exhaustion of import quotas in the Chinese ports, put pressure on the indices of Indonesian coal. Market participants say that local Indonesian producers have taken a number of measures to reduce production, but this has not been enough to shore up export prices.

Uptick in prices of metallurgical coke on the Chinese domestic market, as well as Chinese metallurgical enterprises willing to buy Australian coking coal in anticipation of tighter customs restrictions, strengthened the indices of metallurgical material from Australia.

International steel producers are expanding their production capacity, expecting a recovery of demand in Q4 2020-Q1 2021.

Follow CAA Analytics on Twitter:

[tfws username=”CAA_Analytics” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]


RELATED POSTS

Russian-miners-losses

Russian coal companies’ losses may exceed 5 billion USD in 2025

13 hours ago
World-coal-market

World coal market: brief overview

13 hours ago
World-coal-market

World coal market: brief overview

1 week ago
Tags: CAA AnalyticsChinese coal demandColombian coalEskomEuropean coalExxaroIndian coalIndonesian coalProdecoSouth African coalsteelsteel production
Editor

Editor

Related Posts

Russian-miners-losses
Coal Demand

Russian coal companies’ losses may exceed 5 billion USD in 2025

13 hours ago
World-coal-market
Coal Demand

World coal market: brief overview

13 hours ago
World-coal-market
Coal Demand

World coal market: brief overview

1 week ago
Kuzbass-underperform
Coal Demand

The shortfall in coal exports from Kuzbass to reach almost 1 mio t in Q2 2025

1 week ago
World-coal-market
Coal Demand

World coal market: brief overview

2 weeks ago
coal-miners
Coal Demand

State support for coal miners will be limited

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

July 5, 2025
coal-miners

State support for coal miners will be limited

June 21, 2025
World-coal-market

World coal market: brief overview

June 21, 2025

Recent Post

Russian-miners-losses

Russian coal companies’ losses may exceed 5 billion USD in 2025

July 5, 2025
World-coal-market

World coal market: brief overview

July 5, 2025
World-coal-market

World coal market: brief overview

June 28, 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

Russian coal companies’ losses may exceed 5 billion USD in 2025

World coal market: brief overview

World coal market: brief overview

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
    • GLOBAL 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.