India: Coal Imports Surge on Domestic Short-Supply

Shortage of thermal coal supply in India has pushed imports up to 85 million tonnes (mt) in the first half of the current fiscal compared to 75 mt logged in the same period last year. In fact, imports by non-regulated sectors such as cement, aluminium and steel accounted for about 68 per cent of the
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Chinese demand for seaborne thermal coal appears to be in doldrums in the seasonally strong fourth quarter as the country strives to plan better to make supply of LNG smoother than last year. China’s National Development and Reform Commission said earlier this week that supply and demand of natural gas would be in “tight balance”
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Chinese coking coal prices hit a 13-month high on Friday, spurred by expectations of short supply due to safety inspections at coal mines and firm demand at steel mills. The most-active coking coal futures on the Dalian Commodity Exchange hit 1,433 yuan ($205.97) a tonne when the market opened, a level last seen in September
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Coal output in China’s top producing region Inner Mongolia jumped 11.1 percent in the first three quarters of 2018, taking total output for the period to 673.3 million tonnes, industry data showed on Friday. Shanxi province was the second biggest producer over the period, with 650 million tonnes, up 1.2 percent on the year, according
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As states gear up for elections and several others rush to meet the Centre’s electrification deadline, power demand is touching a new record every day. Meanwhile, failing to catch up, coal supply has dipped to a record low. According to an industry source, stocks at the coal pithead and power plants have touched an all-time
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NEW DELHI: India’s thermal coal imports rose at the fastest pace in three-and-a-half years in the September quarter, spurred by new demand and domestic infrastructure bottlenecks that are threatening Government plans to cut foreign supplies. Imports jumped 35 per cent to 42.7 million tonnes during the three months ended Sept. 30, according to data from
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China’s appetite for coal is rising again despite a surge of investment in alternative energies, limits on coal use, and the establishment of “no-coal zones” throughout the country designed to help it meet climate pledges. “China embarked on an energy transformation in terms of cutting coal and developing renewables, but we are now facing difficulties
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Chinese coking coal futures climbed to their strongest in more than a year on Wednesday as Beijing’s flexible approach to industrial production curbs fueled demand with supply restrictions also supporting the steelmaking raw material. The rally in coking coal spread to iron ore, which rose to a seven-month peak, and coke which jumped nearly 2
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India is hit by an intense coal crisis this festival season with average coal stock at power plants dropping to six days in October, from nine days in September. While coal is in short supply for more than a year now, it is arguable if the situation was as bad in the recent past. The
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The slowdown in Australian thermal coal trade to China is resulting in shipments of off-specification coal traveling longer distances to Europe and even Africa, according to an analysis of shipping data from cFlow, Platts trade flow software. “What is happening in China is having an impact further west,” a market source said. “There is some
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