News & Analysis - Coal
Powder River Basin coal buyers met recently and expressed long-term optimism that the using PRB coal would offer some stability -- including with prices. North American natural gas production is outstripping demand, and increasing power demand due to the forced retirement of coal plants may not be enough to stabilize gas prices. Colette Honorable, Commissioner, US Federal Energy Regulatory Commission, addressed FERC's busy policy and legal agenda at the Platts Energy Podium event in Washington.
April 24, 2015
In case this had not dawned on some guests, the host country has been dropping some substantial hints, including import taxes and entry restrictions, over the past six months.
April 23, 2015
Thursday’s focus on electric power allows for a wide variety of topics, from coal to actual power generation to natural gas and everything in between.
April 22, 2015
Wednesday was supposedly natural gas day at IHS CERAWeek, but oil topics still leaked into some of the discussions and there was an announcement from a coal company.
Chinese traders paying the Asian country's new import tax on Australian cargoes of bituminous thermal coal are attempting to pass on the expense to coal shippers in Australia, resulting in severe downward pressure on FOB prices, traders said recently.
Also in this feature
China thermal coal import tax to trigger cargo defaults: tradersThe threat of cargo defaults is hanging squarely over the CFR China market for thermal coal, because Chinese traders are insisting on price discounts on Australian shipments to offset the added cost of Beijing's 6% import tax, said market sources October 14.
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.