The Adaro Blog
US 2019 coal production expected to fall 7.4% on year: EIA
November 13, 2019, 6:46 pm
Houston — The US Energy Information Administration said Wednesday that it expected the US to produce 697.9 million st of coal in 2019, raising its estimate from a month ago by 3.6%.
2019 production would be 7.4% lower than the 753.7 million st produced in 2018, while 2020 production is...
Weak demand pressures low-CV Indonesian coal prices
November 12, 2019, 7:49 pm
An early December loading geared Supramax GAR 4,200 kcal/kg cargo traded today at $33.85/t. This is below the latest Argus price assessment for this grade of coal at $34.33/t on 8 November and also below the $34.50-34.75/t range at which cross-month late November to early December-loading geared...
China is Likely to Cap Annual Coal Imports at 300 Million Tons
November 11, 2019, 7:58 pm
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China will likely hold annual coal imports at between 200 million and 300 million tons, according to the president of a top industry body, suggesting that the pace of shipments so...
Asian coal resumes slide as Chinese stocks hit 5-year high
November 8, 2019, 7:40 pm
Asian coal prices declined 3% in the week through to Thursday as inventories for the world’s biggest coal consumer hit their highest level since 2014.
The Pacific basin’s reference price for high grade (6,000 kcal/kg) Australian coal exports to Asia last stood at USD 67.09/t, 33%...
China coking coal rebounds on prospects of fresh import curbs
November 5, 2019, 7:01 pm
MANILA, Nov 5 (Reuters) - Coking coal futures in China gained the most in four weeks on Tuesday amid market talks about fresh import curbs on the steelmaking raw material, following brisk purchases in recent months by the world’s biggest coal buyer and consumer.
German Coal Consumption Continues To Crash
November 4, 2019, 6:57 pm
Lignite and bituminous coal produced 50 percent less energy than renewables in Germany during the first three quarters of 2019, a new report by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the German Association of Energy and Water Management (BDEW)...
World’s Biggest Coal User Is Set to Boost Imports This Year
November 1, 2019, 7:05 pm
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As the global campaign against coal gathers pace, the world’s biggest consumer is nevertheless set to boost imports this year.
China’s purchases of foreign coal in...
South Korea's LNG imports to fall on new nuclear, coal plants
October 31, 2019, 6:22 pm
SEOUL (Reuters) - South Korea’s imports of liquefied natural gas (LNG) are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new long-planned nuclear and coal power plants.
The decline comes despite the country’s efforts to move...
Four in five EU coal plants unprofitable, according to Carbon Tracker
October 28, 2019, 6:58 pm
Four in five EU coal power plants are unprofitable and utilities could lose €6.6 billion this year alone, finds a new report from financial think tank Carbon Tracker.
It warns investors and policymakers to prepare for a complete phase-out of coal by 2030, because without heavy subsidies the...
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