The Adaro Blog
Coal: The Market Awaits China
November 2, 2018, 8:29 pm
By Warren Patterson, Commodities Strategist
Thermal coal prices have surprised the market once again this year, with stronger imports from China proving supportive for the seaborne market. Chinese policy will be key for how prices evolve over the winter.
What will China do next?
Glencore says coal price can remain stronger for longer
November 1, 2018, 11:46 am
The price of high quality thermal coal can remain stronger for longer, according to miner and commodity trader Glencore, as production of the fossil fuel struggles to keep up with demand.
In a presentation handed to analysts during a site visit on Wednesday, Glencore said an extra 1bn tonnes of...
Vattenfall looks to gas and biomass as end of coal power looms
October 29, 2018, 11:40 am
FRANKFURT/DUESSELDORF (Reuters) - Vattenfall is considering converting its German coal-fired power stations to use fuels including gas or biomass as utility companies in the country brace for a government deadline for phasing out coal altogether.
The end of coal is the latest major challenge...
China's Hebei to ensure clean coal supply for 2018-2020 winters
October 26, 2018, 7:50 pm
BEIJING (Reuters) - China’s Hebei province has said it will ensure sufficient supplies of clean coal during the next three winters to avoid heating fuel shortages and reduce toxic air emissions.
Several regions of China encountered fuel shortages last winter as Beijing pushed to switch...
Indian coal imports rise at the fastest rate in 3-1/2 years
October 25, 2018, 6:50 pm
NEW DELHI, Oct 25 (Reuters) - 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 percent to...
China's Shandong halts 41 coal mines after accident
October 22, 2018, 6:44 pm
BEIJING (Reuters) - Authorities in eastern China’s Shandong province ordered 41 coal mines to halt production for security checks, state-run Xinhua news agency reported on Monday, after an accident at a mine in the province killed three people.
The accident on Sunday occurred at a coal...
U.S. greenhouse emissions fell in 2017 as coal plants shut
October 18, 2018, 7:46 pm
WASHINGTON (Reuters) - Greenhouse gases emissions from the largest U.S. industrial plants fell 2.7 percent in 2017, the Trump administration said, as coal plants shut and as that industry competes with cheap natural gas and solar and wind power that emit less pollution.
The drop was steeper than...
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