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  • Thermal coal prices collapse after virus lockdowns sap demand

    Thermal coal prices collapse after virus lockdowns sap demand ... High-quality Australian coal — the benchmark for the vast Asian market — has dropped to a four-year low at $51 per tonne, down ...

  • Strong Asian demand continues to hold up thermal coal ...

    Apr 27, 2018  Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a

  • Coal's price collapse threatens Australian mines

    A collapse in prices for thermal and coking coal has created a tough backdrop for the numerous miners and ports seeking to refinance debt this winter.

  • 作者: Peter Ker
  • LNG’s plummeting price in Asia should drag down thermal coal

    The stability of Australian thermal coal and the plunge in LNG prices has altered the economics of power generation in Japan and South Korea, the two Asian countries most able to switch fuels.

  • Coal v LNG: How plunging oil prices may spur Asian fuel switch

    Mar 20, 2020  Plunging oil prices have set long-term LNG supply in northeast Asia on a potential collision course with thermal coal, threatening the solid fuel's current cost advantage for power generation and posing a new downside risk to coal prices and demand next winter. ... How plunging oil prices may spur Asian fuel switch. Posted 20 March 2020.

  • South African coal industry faces up to 14-year low prices

    Apr 21, 2020  A collapse in demand from India – which took 57.7pc of the Richards Bay Coal Terminal’s (RBCT) 72.2mn t exports in 2019 – is the key driver behind the low prices. The low RB prices will squeeze producers’ margins, with one mining firm saying current prices are not sustainable and that mines will be “underwater.”

  • Australian Newcastle coal prices hit 2017-high on strong ...

    Sep 13, 2017  SINGAPORE, Sept 13 (Reuters) - Australian coal cargo prices for export from its Newcastle terminal hit a 2017-high of $103.5 per tonne at their last close, driven by strong Asian demand.

  • Seaborne coal prices under pressure as demand softens in ...

    Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australia’s Newcastle thermal coal ending at $62.25 a tonne on Wednesday, down 13.8% from ...

  • Coal's price collapse threatens Australian mines : energy

    Coal's price collapse threatens Australian mines ... 15 points 19 days ago. Yum yum. Prices for top quality NSW thermal coal have fallen 27 per cent since the coronavirus started affecting demand in February while prices for top quality Queensland coking coal have slumped 30 per cent over the same period and 46 per cent over the past year ...

  • Coal's Collapse Crowns Winners and Losers From China to ...

    Apr 11, 2019  import curbs and collapsing gas prices in Europe have whacked Australian thermal coal, at a time when demand weakens after the winter heating season and Asian

  • Coal's price collapse threatens Australian mines : energy

    Coal's price collapse threatens Australian mines ... 15 points 19 days ago. Yum yum. Prices for top quality NSW thermal coal have fallen 27 per cent since the coronavirus started affecting demand in February while prices for top quality Queensland coking coal have slumped 30 per cent over the same period and 46 per cent over the past year ...

  • Coal v LNG: How plunging oil prices may spur Asian fuel switch

    Mar 20, 2020  Plunging oil prices have set long-term LNG supply in northeast Asia on a potential collision course with thermal coal, threatening the solid fuel's current cost advantage for power generation and posing a new downside risk to coal prices and demand next winter. ... How plunging oil prices may spur Asian fuel switch. Posted 20 March 2020.

  • South African coal industry faces up to 14-year low prices

    Apr 21, 2020  A collapse in demand from India – which took 57.7pc of the Richards Bay Coal Terminal’s (RBCT) 72.2mn t exports in 2019 – is the key driver behind the low prices. The low RB prices will squeeze producers’ margins, with one mining firm saying current prices are not sustainable and that mines will be “underwater.”

  • Pandemic Shutdown Is Speeding Up The Collapse Of Coal ...

    Apr 23, 2020  He says coal demand this year is down between 35 and 40% from last year, "and last year wasn't a great year." Coal has been struggling for many years. Now there's a drop in demand because of the ...

  • Thermal coal defies sceptics as Asian demand rises ...

    Thermal coal, tagged the least-loved major commodity by analysts, is defying sceptics, with prices rising to the highest level since 2012 thanks to strong Asian demand.. High-grade Australian ...

  • Column: Seaborne thermal coal prices slide as India takes ...

    Apr 28, 2020  Spot Asian LNG has fared just as badly, with the price plummeting 71.3% from its pre-winter peak of $6.80 per million British thermal units in October to just $1.95 in

  • Asian coal demand to drive exports from North America's ...

    Oct 31, 2019  Booming Asian coal demand to drive exports from North America’s West Coast. Coal demand is declining in the US and Europe, but coal remains the world’s most dominant fuel for power generation. Despite what you may read, the global market for thermal coal continues to gain steam, particularly as Asia builds new coal-fired power plants to ...

  • Seaborne Coal Prices Under Pressure as Demand Softens in ...

    Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australia's Newcastle thermal coal ending at $62.25 a tonne on Wednesday, down 13.8 per cent from their peak so far this year of $72.25 on Jan. 13.

  • Trade tensions to dampen Chinese shipping demand for ...

    "The thermal coal demand from China is robust amid strong recovery of economic activity after COVID-19. In addition, the summertime peak electricity demand season is coming and power plants need to build stockpiles," a Panamax ship-operating source said.

  • IEEFA update: The outlook for thermal coal in Southeast ...

    Southeast Asia today is viewed as the last likely bastion of strong growth in coal demand globally. But just as Indian coal-fired power generation fell an entirely unprecedented 26TWh or -3% during 2019, we note expectations for sustained decades-long growth in Southeast Asian coal-fired power generation is far from a locked-in certainty.

  • Asian demand keeping thermal coal prices high ...

    Asian demand keeping thermal coal prices high ASIAN thermal coal prices hit a six-and-a-half-year high last month, as strong import demand and supply-side issues tightened the market, according to a report by the ANZ Bank.

  • COLUMN-Structurally cheaper LNG should displace coal from ...

    Feb 10, 2020  LAUNCESTON, Australia, Feb 10- The collapse in the spot price of liquefied natural gas in Asia is a short-term phenomenon that may well end up having a longer-term impact, especially on thermal coal.

  • Plunging thermal coal prices, falling demand hurt ...

    The Guardian: Australian coal exporters have experienced the biggest annual drop in thermal coal prices in more than a decade during 2019, raising doubts about industry projections that demand will continue to grow. The spot price of thermal coal, which is burned to generate electricity, was US$ 66.20 ($95) last week, down more than a []

  • LNG’s plummeting price in Asia should drag down thermal ...

    Apr 02, 2020  Turning to coal, and Japan imported 7.5 million tonnes of thermal coal in March, down slightly from 7.74 million in February and 7.58 million in March last year, according to the Refinitiv data ...

  • Asian demand keeping thermal coal prices high ...

    Asian demand keeping thermal coal prices high ASIAN thermal coal prices hit a six-and-a-half-year high last month, as strong import demand and supply-side issues tightened the market, according to a report by the ANZ Bank.

  • South African coal industry faces up to 14-year low prices

    Apr 21, 2020  A collapse in demand from India – which took 57.7pc of the Richards Bay Coal Terminal’s (RBCT) 72.2mn t exports in 2019 – is the key driver behind the low prices. The low RB prices will squeeze producers’ margins, with one mining firm saying current prices are not sustainable and that mines will be “underwater.”

  • Plunging thermal coal prices, falling demand hurt ...

    The Guardian: Australian coal exporters have experienced the biggest annual drop in thermal coal prices in more than a decade during 2019, raising doubts about industry projections that demand will continue to grow. The spot price of thermal coal, which is burned to generate electricity, was US$ 66.20 ($95) last week, down more than a []

  • LNG’s plummeting price in Asia should drag down thermal ...

    Apr 02, 2020  Turning to coal, and Japan imported 7.5 million tonnes of thermal coal in March, down slightly from 7.74 million in February and 7.58 million in March last year, according to the Refinitiv data ...

  • Iron ore supply shock to offset EU demand collapse ...

    "Supply disruptions (from COVID-19 production curbs) in India, South Africa and Canada alone will temporarily impact as much as 120 million mt/year of iron ore supply, which equates to 8% of seaborne supply and would be similar in magnitude to the peak of the 2019 supply shock following the Brumadinho tailings dam disaster and weather-related disruptions in Australia," analysts led by ...

  • COLUMN-Structurally cheaper LNG should displace coal from ...

    Feb 10, 2020  LAUNCESTON, Australia, Feb 10- The collapse in the spot price of liquefied natural gas in Asia is a short-term phenomenon that may well end up having a longer-term impact, especially on thermal coal.

  • globalCOAL - Coal Market News

    Indonesia sets March HBA thermal coal price at $67.08/mt, up 0.3% from Feb, down 26% on year 05 Mar 2020 Source: SP Global Platts Singapore — Indonesia's Ministry of Energy and Mineral Resources has set its March thermal coal reference price -- also known as Harga Batubara Acuan or HBA -- at $67.08/mt, inching up 0.3% on month but down 26% ...

  • Seaborne coal prices under pressure as demand softens in ...

    Apr 16, 2020  Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australia’s Newcastle thermal coal ending at $62.25 a tonne on Wednesday, down 13.8% from ...

  • Thermal Coal Prices Spike As Chinese Buyers Snap Up ...

    The price of high-grade Australian thermal coal, the benchmark for the Chinese market, has climbed 20 percent from a low of $49 per tonne in January to over $59/t, according to Argus, a price ...

  • Insights Potential Bottoming of Coal Prices in 2020 ...

    In terms of demand for thermal coal, 2019 has turned out very differently for the Atlantic and India/Pacific markets. ... What’s more, US high sulphur coal’s prospects in the Asian market have been hit recently by the collapse in petcoke prices to around $30/t (based on 7500 kcal/kg NAR), which has made the product far more competitive than ...

  • Collapse in Coal Prices Spurs Distress for Indonesian ...

    Oct 20, 2019  The global collapse in coal prices this year has dealt a particularly heavy blow to miners in Indonesia, the top exporter and one of the largest producers of the fuel.

  • Coal's Collapse Crowns Winners and Losers From China to ...

    Apr 12, 2019  It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe. A double whammy of Chinese import curbs and collapsing gas prices in Europe have whacked Australian thermal coal, at a time when demand weakens after the winter heating season and Asian buyers typically shut power plants for maintenance.

  • LNG's plummeting price in Asia should drag down thermal coal

    The stability of Australian thermal coal and the plunge in LNG prices has altered the economics of power generation in Japan and South Korea, the two Asian countries most able to switch fuels. According to Refinitiv data, the current average coal-to-gas switching price is $4.76 per mmBtu for a combined cycle gas turbine in Japan and $6.61 in ...

  • Silver lining for Asian LNG market after oil price crash ...

    Lower long-term LNG prices could encourage coal-to-gas switching in Northeast Asia, while Chinese LNG demand is also expected to expand this year, albeit at a slower rate, as China gets back to work.

  • Collapse in Coal Prices Spurs Distress for Indonesian ...

    Oct 20, 2019  The global collapse in coal prices this year has dealt a particularly heavy blow to miners in Indonesia, the top exporter and one of the largest producers of the fuel.

  • LNG's plummeting price in Asia should drag down thermal coal

    The stability of Australian thermal coal and the plunge in LNG prices has altered the economics of power generation in Japan and South Korea, the two Asian countries most able to switch fuels. According to Refinitiv data, the current average coal-to-gas switching price is $4.76 per mmBtu for a combined cycle gas turbine in Japan and $6.61 in ...

  • Insights Potential Bottoming of Coal Prices in 2020 ...

    In terms of demand for thermal coal, 2019 has turned out very differently for the Atlantic and India/Pacific markets. ... What’s more, US high sulphur coal’s prospects in the Asian market have been hit recently by the collapse in petcoke prices to around $30/t (based on 7500 kcal/kg NAR), which has made the product far more competitive than ...

  • Silver lining for Asian LNG market after oil price crash ...

    Lower long-term LNG prices could encourage coal-to-gas switching in Northeast Asia, while Chinese LNG demand is also expected to expand this year, albeit at a slower rate, as China gets back to work.

  • THERMAL COAL-Prices keep dropping as Asian demand ebbs ...

    Oct 14, 2015  As a result, cargo prices for Australian coal from its Newcastle terminal which largely supply China, and shipments from South Africa’s Richards Bay, which ships much of its coal

  • Pressure Grows For Coal Producers - FNArena

    Apr 30, 2020  -Downside risk for coking coal prices remains elevated . By Eva Brocklehurst. While oil was in the hot seat in March-April, coal is now in focus, reeling from a slump in demand as prices fall to multi-year lows. Benchmark hard coking coal prices have dropped -20% to US$115/t in the June quarter to date, the lowest level since mid 2016.

  • Asia Has Already Begun Coal to Gas Switch - World-Energy

    May 20, 2020  An escalating decline in thermal coal imports among major Asian buyers can largely be attributed to a collapse in LNG prices, according to commodity tracking firm Kpler. Cumulative thermal coal imports into the world’s top two consumers – China and India – began falling from March in line with spreading electricity demand destruction from ...

  • Asian demand keeping thermal coal prices high - ANZ

    Indian Thermal Coal Imports Decline by 36% in Apr-May 2020 Published on - Jun 11,2020 COVID19 Hits Global Seaborne Coal Demand Published on - Jun 11,2020 All 20 Workers Trapped in Afghanistan Coal ...

  • Seaborne coal prices under pressure as demand softens in ...

    Seaborne coal prices have started responding to the weakening outlook for Asian demand, with futures on Australia’s Newcastle thermal coal ending at $62.25 a tonne on Wednesday, down 13.8% from their peak so far this year of $72.25 on Jan. 13.

  • Coal and alumina prices looking sick as virus takes hold

    Apr 27, 2020  As an energy commodity, prices for thermal coal are also affected by trends in gas markets, as the Asian power utilities that run coal-fired power

  • LNG’s plummeting price in Asia should drag down thermal ...

    Apr 02, 2020  LAUNCESTON — There is an increasing disconnect between the price of thermal coal and liquefied natural gas (LNG) in Asia, with the dirtier fuel holding its value while LNG is dragged down by the collapse in crude oil. In theory, the crash in LNG prices, both spot and contract, should result in several Asian countries []

  • OPINION: LNG's plummeting price in Asia should drag down ...

    LAUNCESTON, Australia, - There is an increasing disconnect between the price of thermal coal and liquefied natural gas in Asia, with the dirtier fuel holding its value while LNG is dragged down by the collapse in crude oil. In theory, the crash in LNG prices, both spot and contract, should result in several Asian countries switching more electricity generation to LNG and away from coal, but as ...

  • Covid-19 Catches Up With Seaborne Coal In Asia

    Apr 28, 2020  Spot Asian LNG has fared just as badly, with the price plummeting 71.3% from its pre-winter peak of $6.80 per million British thermal units in October to

  • Whitehaven shines as thermal coal prices soar on Asian demand

    Australian thermal coal prices are the highest since before the global financial crisis as Asian demand grows, serving up record profits, dividends and more growth plans for Whitehaven Coal, and ...