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Weekly global coal market news summary (Jun 1-Jun 5)

sxcoal.com General 2020-06-05 15:48:21

Indonesian thermal coal prices keep falling on concerns of quota shortage

Lower offers of Indonesian low-colorific value thermal coal were seen in the Chinese seaborne import market, as buying interest was c...

 

Russia Jan-May coal exports slide 9.25% YoY

Russia exported 71.30 million tonnes of coal in total over January-May, down 9.25% from 78.57 million tonnes in the same period last ...

 

Russian Railways to resume Murmansk rail traffic by Jun 23

Passenger and cargo rail transportation between the northern port city of Murmansk and the rest of Russia will resume by June 23 afte...

 

SCCL coal production in Apr-May falls 45% on yr

Singareni Collieries Company Limited (SCCL), India's second biggest coal producer, produced 6.23 million tonnes of coal in April-May ...

 

Coal India to outsource underground operations, will invite tenders soon

Coal India has decided to outsource underground mine development and operations, company executives said. A company spok...

 

Coal India's May sales driven sharply lower by slump in power demand

Coal India's sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a natio...

 

Moody's sees US coal miners' earnings halve this year

The outlook for the North American coal industry remains negative and earnings for coal miners could fall by more than 50% this year,...

 

Thailand's leading energy firm revises down 2020 coal sales outlook

Banpu Public Co., Ltd., a leading energy company based in Thailand, revised down its coal sales target to 39.3 million tonnes in two ...

 

BlackRock warns S. Korean utility on planned coal investments in Vietnam, Indonesia

BlackRock Inc. has challenged Korea Electric Power Corp. over plans to invest in new coal-fired power plants in Vietnam and Indonesia...

 

Turkey Apr thermal coal imports down 41.7% on month

Turkey's thermal coal imports slumped 41.7% month on month to 1.6 million tonnes in April, official data showed. The cou...

 

Poland's coal stockpiles rise to 7.75 mln T in Apr

Poland's April coal stockpiles more than tripled year on year to 7.75 million tonnes as demand for electricity fell by almost 10% due...

 


(Writing by Emma Yang  Editing by Jessie Jia)
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