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Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
bpCOALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines.

According to bp, the rise in coal prices further depressed global coal demand particularly in the power sector with natural gas and renewable energy the main beneficiaries.  

The price level remained the highest in Japan.

The steam coal price differential between Japan and North America rose from $7/t in 2015 to $18/t, and the spread between Northwest Europe and North America rose from $3/t to $16/t.

Coal consumption
bp also said, Global coal consumption fell by 1.7%, (-53 mtoe) the second successive annual decline.
 
The largest decreases were seen in the US (-33 mtoe, an 8.8% fall), China (-26 mtoe, -1.6%) and the United Kingdom (-12 mtoe, -52.5%). 
 
Coal consumption in the UK more than halved to its lowest level in our records. 
 
Chinese coal consumption declined for the third consecutive year, although by less than production, with China resuming its position as the world’s largest importer of coal.


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Recent News

Monday, 14 August 17
THE FREIGHT MARKET CONTINUES ON AN UPWARD PATH
COALspot.com: The freight market was continued to rose this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positi ...


Monday, 14 August 17
IN A PARIS AGREEMENT WORLD, COAL WILL MEET GROWING ASIAN ENERGY NEEDS - BENJAMIN SPORTON
When providing 41% of the world’s electricity, 85% of global cement, 74% of the world’s steel and 60% of the world’s aluminum, co ...


Friday, 11 August 17
KOMIPO INVITES COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,280,000 Metric Tons of Bitumino ...


Friday, 11 August 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...


Thursday, 10 August 17
GLOBAL COAL PRODUCTION FELL SIGNIFICANTLY IN 2016 - IEA
COALspot.com: Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in Wor ...


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