Coking Coal Prices Weaken Further

March 26, 2018 9:59 am

Coking Coal Prices Weaken Further: The rising tensions of a trade war and a wait-and-see attitude pushed prices lower this week. Steel mills in China and India are holding out again on anticipation for lower prices, however, we may see...

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Premium Coking Coal Price Correction

March 19, 2018 8:53 am

Premium Coking Coal Price Correction: Prices of premium coking coal materials continued to weaken in the seaborne market last week amid sufficient supply and falling steel demand; however, second-tier materials appear to be holding steady. The downward trend in premium materials...

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ACC Spring Coal Forum Conference Recap

March 13, 2018 9:04 am

American Coal Council Spring Coal Forum Conference Recap: DTC’s Tracy Green attended the ACC’s Spring Coal Forum in Clearwater, FL last week. Despite attendance being down YoY, the mood was lively with many attendees enjoying the sun and sand with...

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Severe Weather Hampers Coal Transport

February 26, 2018 9:43 am

Severe Weather Hampers Coal Transport: Following this week’s severe weather that resulted in coal transport service disruptions on the Central Queensland Coal Network operated by Aurizon, DTC is monitoring the weather at key points on the Goonyella and Blackwater corridors. Australia’s Bureau of...

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Surging Indonesian Thermal Coal Price

February 12, 2018 9:07 am

Indonesia’s Ministry of Energy and Mineral Resources set February’s thermal coal reference price (HBA) at $100.69/MT FOB last week which was an increase of 21% YoY, and is the highest level since Dec 2016. FOB prices of 4,200 Kcal and...

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Mississippi Valley Trade & Transport Recap

February 12, 2018 8:49 am

John Lowell traveled to New Orleans last week to attend the 36th annual World Trade & Transport Conference, jointly sponsored for the second consecutive year by the Mississippi Valley Trade and Transport Council and The Coal Institute. The annual gathering...

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Chinese Coal Imports Jump 12% YoY to Four-Year High

February 9, 2018 10:15 am

According to preliminary customs data, Chinese coal imports increased significantly to 27.81 mm MT in January, rising 22.3% seq and 11.6% YoY and reaching the strongest month in four years since the country imported 35.90 mm MT in January 2014....

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Seaborne Thermal Coal Commentary

January 29, 2018 7:56 am

Seaborne Thermal Coal Commentary: In China, four of the country’s top utilities have told the government some regions will face heating and electricity shortages due to tightening supplies of coal ahead of the Lunar New Year, the latest sign the...

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Coaltrans USA Recap

February 5, 2018 9:16 am

Coaltrans USA Recap: DTC’s Andy Blumenfeld, Dianna Ridgway and Steve Ristevski were among the fortunate ones to enjoy some Florida sunshine last week while attending the Coaltrans USA conference in Miami, as well as a NYCTA golf outing at Key...

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Murray to Acquire Majority Interest in Armstrong Assets

January 26, 2018 8:14 am

The private coal producer Murray Energy reported through PR Newswire that it has entered a binding agreement with Armstrong Energy and certain of its senior secured noteholders in which Murray will acquire a 51% ownership stake in a new entity that...

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