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Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal excavatorCoal markets were buoyed by ongoing supply side issues. 
 
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the thermal coal futures on the Zhengshou Exchange rose as safety and environmental inspections threatened to restrict Chinese coal production even further.

The rebound in Newcastle futures that started last week was extended as traders viewed the recent sell off as overdone.

Daniel Hynes said in his latest post, the metallurgical coal prices failed to catch the same wave, with futures down sharply. Data sowing China’s coking coal imports fell 2.4% to 5.92mt didn’t help sentiment in the market. Australian coking coal futures settled at USD192.5/t on the Singapore Exchange. 


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Recent News

Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1.  The Australian and South African benchmarks have plummeted more ...


Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...


Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...


Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...


Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...


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