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Houston (Platts)--24 Mar 2017 508 pm EDT/2108 GMT
Monday may have marked the official first day of spring in the US, but the Central Appalachian rail and barge coal markets have essentially been in shoulder-season mode since February after a promising cold start to winter evaporated into a warm 2017, thwarting near-term thermal demand.
London (Platts)--24 Mar 2017 926 am EDT/1326 GMT
Profit margins for coal-fired power plants to produce electricity for delivery in Germany next year have rebounded and reached positive territory for the first time this year as coal prices have dropped and a stronger euro also helping profitability, S&P Global Platts data shows.
Perth (Platts)--24 Mar 2017 608 am EDT/1008 GMT
Japan-based electricity generator Tohoku Electric Power had agreed on $80-$83/mt FOB Newcastle with some of its Australian thermal coal suppliers for annual negotiated term contracts starting April 1, a source familiar with the matter said Friday.
Houston (Platts)--23 Mar 2017 407 pm EDT/2007 GMT
Weekly US coal production totaled an estimated 14.1 million st in the week that ended March 18, down 4.4% compared with the prior week, but up 6.9% from the year-ago week, US Energy Information Administration data showed Thursday.
Hunan, China (Platts)--23 Mar 2017 1022 am EDT/1422 GMT
Combined coal stocks held by China's six leading power generators in southern and eastern China, namely Zhejiang Power, Shanghai Power, Guangdong Power (Yudean), Guodian, Datang, and Huaneng, averaged 9.57 million mt over the week ended March 23, down 3.5% on the week, according to a weekly report by port operator Qinhuangdao Port Thursday.
Houston (Platts)--23 Mar 2017 819 am EDT/1219 GMT
Total US coal carload volumes continued to decline through mid-March as utilities entered the spring shoulder season, railroad and Association of American Railroads data showed Wednesday.
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