The Adaro Blog

China border curbs to restrict coking coal supplies
January 31, 2020, 6:21 pm
Two of China's closest trading partners Mongolia and Russia plan to restrict border crossings to prevent a further spread of the coronavirus outbreak, which is expected to halt coking coal exports to China. Border authorities in Mongolia have enforced temporary movement restrictions at its...
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Thermal coal markets: 5 trends to watch out for in 2020
January 30, 2020, 6:56 pm
The seaborne thermal coal market entered the year challenged by low priced LNG in the Atlantic and rapidly increasing supply in the Pacific. Economic indicators are weak globally and a warm winter in the northern hemisphere threatens Q1 demand. Will the market turn the corner later in the...
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Carbon tax contributes to drop in coal-fired electricity in UK: report
January 28, 2020, 7:15 pm
LONDON, Jan. 27 (Xinhua) -- Britain's proportion of electricity generated from coal has fallen significantly from 40 percent to just 3 percent ever since a tax on carbon dioxide emissions was introduced in 2013, according to a report released Monday by the University College London...
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China imports 300m tonnes of coal in 2019 as prices tumble
January 27, 2020, 7:11 pm
Chinese coal imports jumped 7% last year to 300m tonnes as international prices for the fuel plunged to levels too attractive to resist, despite government intentions to keep foreign purchases flat. The world’s biggest coal consumer managed to squeak its total imports in under an...
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US coal-fired power generation totals 75.6 TWh in November, down 18.7% on year: EIA
January 27, 2020, 7:08 pm
Houston — US coal-fired power generation totaled 75.6 TWh in November, down 18.7% on year but up 13.1% from October, Energy Information Administration data showed Monday. It was the first month-on-month increase since July. From the five-year average of about 95.5 TWh produced in...
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US thermal, met coal outlook negative on weak pricing and dropping demand: Moody’s
January 24, 2020, 6:40 pm
Moody’s Investor Services issued a negative outlook for US coal markets, driven by weak coal pricing in thermal and met markets, in addition to dropping domestic and export demand. “Coal pricing remains weak in early 2020, with no clear catalyst for improvement during the year after...
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Declining gas prices drive drops in US coal production and demand in 2020: Platts Analytics
January 23, 2020, 5:31 pm
Houston — Declining natural gas prices continue to drive coal demand down, leading to projections of US coal production totaling near 500 million st in 2020, S&P Global Platts Analytics said in a report. "Due to an extraordinarily mild January, our heating-season gas price outlook...
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Coal Industry Near-Term Outlook Dulled by Falling Demand
January 22, 2020, 6:58 pm
The Zacks Coal industry comprises companies that are involved in the discovery and mining of coal. Depending on the deposit, coal is mined by either opencast or underground method. Coal is valued for its energy content and used worldwide to generate electricity, and in steel and cement...
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Thermal coal prices set for recovery this year as oversupply tightens
January 21, 2020, 5:41 pm
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian countries grows and oversupply tightens due to financing constraints for new capacity. Investors widely anticipate the slow demise of coal use due to...
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Adaro (ADRO) Siap Ekspansi ke Bisnis Energi Baru Terbarukan
January 20, 2020, 5:45 pm
KONTAN.CO.ID - JAKARTA. PT Adaro Energy Tbk (ADRO) mulai melirik bisnis energi baru terbarukan (EBT). Namun, sejauh ini bisnis energi hijau itu baru digunakan internal Adaro. Wakil Presiden Direktur PT Adaro Power Dharma Djojonegoro bilang, Adaro saat ini tengah memasuki uji kelayakan...
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