India is taking special steps to support renewable energy projects during the extended Covid-19 lockdown in a bid to stick to the country's broader goal of trimming its reliance on coal.
News ID: 9171 Publish Date : 2020/04/16
Vietnam's coal imports increased in March from a year earlier, partly because some cargoes destined for India were resold to Vietnamese buyers. But there is uncertainty surrounding Vietnam's future demand amid a lack of clarity on whether its Covid-19 restrictions, which are set to expire today, will be extended.
News ID: 9157 Publish Date : 2020/04/15
India has extended its nationwide lockdown by nearly three weeks as the country focuses on containing the Covid-19 pandemic. Although ports and coal transportation are deemed an essential service, demand from many sectors has been at a near standstill since the curbs were announced.
News ID: 9137 Publish Date : 2020/04/14
Weak demand and an increasingly uncertain price outlook put further pressure on the low-calorific value (CV) Indonesian coal market today. There were also signs that the derivatives market is also weakening after a May ICI 4 clip traded at well below yesterday's Argus settlement price.
News ID: 9134 Publish Date : 2020/04/14
India is taking steps to increase domestic coal offtake in an attempt to reduce the country's record stockpiles.
News ID: 9119 Publish Date : 2020/04/13
Seaborne coking coal prices surprisingly rose during the first quarter of this year in contrast to most commodities but the past three weeks have erased these gains, with Covid-19 slashing demand in major consumer regions Europe and India.
News ID: 9116 Publish Date : 2020/04/13
India's reform plans to allow commercial coal mining have run into fresh delays as the government focuses on containing the Covid-19 pandemic.
News ID: 9073 Publish Date : 2020/04/08
China's state-controlled Xi'an Railway group has reduced rail costs by 20-26pc for cargoes departing from some parts of Shaanxi, the country's third-largest coal producing province, to encourage more domestic industrial activity and cut coal logistics costs.
News ID: 9056 Publish Date : 2020/04/07
State-controlled mining firm Coal India's (CIL) ambitious output growth plans face a review after recording its first fiscal year-on-year drop in output in around 20 years, with the demand outlook equally clouded because of the impact of the coronavirus pandemic.
News ID: 9028 Publish Date : 2020/04/02
Several coal-consuming industries are likely to remain operational in Vietnam along with the power stations even as the government intensifies efforts to contain the coronavirus outbreak. But health-related precautions may result in labour challenges.
News ID: 9012 Publish Date : 2020/04/01
A number of Indonesian coal mining firms are considering cutting production amid expectations that Asia-Pacific demand will be heavily affected by the coronavirus pandemic.
News ID: 9011 Publish Date : 2020/04/01
Mongolia has gradually resumed coal exports to China through four border points from earlier this week, after two delayed restarts since exports halted in early February.
News ID: 9009 Publish Date : 2020/04/01
The Queensland state government has tightened the number of mine workers travelling from Australia's other states to only those critical to operations to combat the spread of the coronavirus outbreak.
News ID: 8990 Publish Date : 2020/03/31
US-Australian mining firm Coronado Coal is shutting its US mining operations and will ship from stocks in response to the coronavirus-induced economic downturn, although it will maintain operations at its Curragh coking coal mine in Australia.
News ID: 8973 Publish Date : 2020/03/30
Indonesian coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic.
News ID: 8966 Publish Date : 2020/03/30
Chinese state-owned producer Shanxi Coking Coal has raised second-quarter contract prices for some of its highest quality coking coal grades while keeping unchanged or lowering prices for other brands.
News ID: 8965 Publish Date : 2020/03/30
The low-calorific value (CV) Indonesian coal market was steady today, although the price outlook remained weak because of sluggish demand.
News ID: 8952 Publish Date : 2020/03/30
Glencore PLC on Thursday halted a number of smaller mines due to government restrictions to curb the spread of the coronavirus but added its larger operations were not materially impacted.
News ID: 8906 Publish Date : 2020/03/26
US domestic demand for thermal coal will fall in the near term as individual states shut down much of the industrial economy to try and stem the coronavirus pandemic, and as slowing economic activity cuts US electricity demand in the second quarter of 2020, Moody’s Investors Services said Thursday in a research note, adding that it expects an unprecedented shock to the global economy in the first half of 2020.
News ID: 8893 Publish Date : 2020/03/27
Power consumption has increased sharply in China's Hubei province following the lifting of a lengthy lockdown. The increased power requirements are likely to support coal demand.
News ID: 8873 Publish Date : 2020/03/26
