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Thursday, 16 March 17
CHINA IMPOSING TOUGHER CONTROLS ON LOW-QUALITY COAL IMPORTS
Coal ExcavatorChina is ramping up controls on imports of low-quality coal due to concerns about smog and overcapacity in the world’s top coal consumer, a government official said on Wednesday, said Reuters.

According to Reuters, Zhi Shuping, head of the Administration of Quality Supervision, Inspection and Quarantine which oversees imports safety sash said, “As long as coal meets standards, we don’t forbid imports, but we are imposing controls on low-quality coal imports. If we let all kinds of coal import into the domestic market, it will hit the domestic market.”

Any action on imported coal by China will affect Indonesian coal exports as well as its prices. If China puts restrictions on low calorific value coal imports or introduces tougher inspections, might affect the Indonesian coal price in the short term. Indonesia is currently the world's leading exporter of thermal coal and one of the leading supplier of coal into China. 

On the other hand, any restriction on low calorific coal imports into China will also send domestic prices higher from current levels.

International coal prices have improved significantly since mid of last year due to China’s restriction on operating hours on Chinese coal mines. Indonesian coal prices also drastically arisen due to sudden demand increase from China particularly for low calorific value coal since Q2’ 2016.


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Wednesday, 15 March 17
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
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Tuesday, 14 March 17
ORDERBOOK-TO-FEET RATIO DECREASING; THE FREIGHT MARKET IMPROVING
It seems as though the renewed optimism that has arisen from the recent upward trends being noted in the freight market, the dry bulk market has be ...


Monday, 13 March 17
PORT OF NEWCASTLE HAS SHIPPED 11.563 MILLION TONS COAL IN FEBRUARY 2017; DECLINED 12.19 PERCENT M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,4 ...


Monday, 13 March 17
INDO - INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The Freight market was continuing to firming up. The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ros ...


Friday, 10 March 17
ESTIMATED U.S. COAL PRODUCTION ALMOST FLAT WEEK ENDED MARCH 4, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


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