News & Analysis - Coal
The October-December trading period after China's Golden Week holidays is a crucial time of year for thermal coal shippers and traders.
Also in this feature
China's coal consumption statisticsAnother issue for industry participants trying to judge the direction of the Chinese market for thermal coal is the reliability of statistics on the performance of China's coal industry. The US Energy Information Administration, a government agency, flagged in a September 16 report an intriguing decision by Beijing to radically restate its statistics for China's coal consumption between the years 2000 and 2013. Extreme low demand is pulling down petcoke prices worldwide, with US refineries struggling to unload the product and buyers in India and Turkey turning to coal instead of choosing petcoke. Platts Asian coal team looks at what's giving Newcastle 5,500 NAR prices a boost and at the talks for thermal coal supply contracts in Japan. Platts editors examine US metallurgical coal markets, focusing on Q4 benchmarks and new developments affecting Atlantic coking coal.
September 11, 2015
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Banks are continuing to adjust their roles in commodity trading, including for oil, natural gas, metals, iron ore, freight and more. What does it mean for markets?
June 03, 2015
One firm has embraced coal gasification and, in the midst of the 'coaldrums,' has reported a huge rise in income. Platts' Ross McCracken has more.
India's 21 major ports imported around 19.38 million mt of coal in, down 7.3% from November, data released late Friday by IndianInterocean showed. The December imports included 15.22 million mt of thermal coal, down 9.6%November, and 4.16 million mt of coking coal, up 2.6% compared to the previous month.