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Weekly global coal market news summary (May 15-19)

sxcoal.com General,  Viewpoint,  Import & Export,  Thermal Coal 2023-05-19 16:02:20

Indonesian thermal coal prices fall on lackluster Chinese demand

Indonesian thermal coal prices experienced a significant correction due to persistently weak demand from China, despite anticipation ...

 

Indonesia further lowers HBA thermal coal prices for May

Indonesia continued to cut its thermal coal reference price (HBA) for May, the second straight month since it used a new formula, acc...

 

Coal India launches 52 coal mining projects to achieve ambitious output target

State mining group Coal India Ltd has developed 52 coal mining projects, including 13 new mines, as part of its efforts to achieve th...

 

Review: India's Mar coal imports still below yr-ago level

India's coal imports in March continued to climb with a sequential rise of over 10%, yet were still significantly lower compared with...

 

Newcastle Apr coal exports down nearly 5% YoY, multi-yr low for same mth

Coal exports from Australia's Newcastle port continued to decline in April and hit a new low for the same month since at least 2019. ...

 

Australia Mar coal export value to China's mainland surges 61.3% MoM

Australia's coal exports were A$9.09 billion, rising 1.18% from a month ago yet still 15.67% lower compared with the year-ago level. ...

 

Russia's Kuzbass coal production down 2.9% in Jan-Apr

Coal production in Russia's Kuzbass totaled 73 million tonnes over January-April in 2023, down 2.20 million tonnes or 2.9% year on ye...

(Writing by Emma Yang  Editing by Harry Huo)
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