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Tuesday, 21 February 17
CHINA SUSPENDS COAL IMPORTS FROM NORTH KOREA FROM 19 FEB
Coal export banCOALspot.com: China is suspended coal imports from North Korea until December 2017. China says it will suspend all imports of coal from North Korea for the rest of the year.

“ China will temporarily stop its imports of coal from North Korea for the rest of this year" including coal for which customs applications have been made but not yet processed, China's commerce ministry said in a statement posted on its website on Saturday.

According to Reuters, North Korea shipped 22.48 million tonnes of non-lignite coal to China in 2016, up 14.5 percent compared to 2015.

It is not clear whether China’s coal imports ban (from North Korea) will affect current International coal prices or not. North Korea is the China’s 4th largest coal exporter and the country exports anthracite coal to China. The Chinese buyers use mainly for steel and ceramic manufacture, as well as for blending with other coal types to burn to generate power.According to market reports the price of North Korea's anthracite coal is much cheaper than International prices.


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Recent News

Wednesday, 15 February 17
SHIPPING MARKET INSIGHT - INTERMODAL
Looking at the state of the Dry Bulk market exactly a year ago, there is no doubt that there is a significant improvement and despite the fact that ...


Tuesday, 14 February 17
OPTIMISM HAS STARTED TO SLOWLY FLOW BACK INTO THE DRY BULK MARKET - GEORGE LAZARIDIS
Optimism has started to slowly flow back into the dry bulk market, with many in the market showing renewed optimism as the Pacific basin starts to ...


Monday, 13 February 17
COMBINED COAL SALES OF BUMI RESOURCES ROSE TO 87.7 MILLION TONS IN FY'16; UP 10.6 PERCENT Y/Y
COALspot.com: Combined Coal Sales of Bumi Resources rose to 87.7 million tons in FY’16 compared with 79.3 million tons in FY’15.   ...


Monday, 13 February 17
THE FREIGHT MARKET CONTINUED TO TUMBLE IN FEBRUARY
COALspot.com: The Freight market was continued its downfall in all segments except Panamax for the week ending 10 February 2017. The Balt ...


Friday, 10 February 17
U.S. COAL OUTPUT IS ESTIMATED TO HAVE DECLINED BY 158 MMST IN 2016 TO 739 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tons ...


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