The Adaro Blog

Indonesia’s coal price reference set at $91.8 per ton in February
February 7, 2019, 7:20 pm
The government has set Indonesia’s coal price reference (HBA) for February at US$91.8 per ton, 0.6 percent lower than the reference in January of $92.41 per ton, in response to China and India’s ongoing protection policies. “Both countries will intensify the use of domestic...
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These countries are driving global demand for coal
February 6, 2019, 7:17 pm
While some countries are closing fossil-fuel power plants and shifting policy towards cleaner energy sources, others are upping the contribution of coal to their power sectors. A recent analysis of the global coal industry by the International Energy Agency highlights the growing number of...
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Germany's Merkel signals support for 2038 coal exit deadline
February 5, 2019, 7:13 pm
TOKYO (Reuters) - German Chancellor Angela Merkel said on Tuesday that her country would withdraw from coal-fired power production by 2038, showing her support for the deadline recommended by a government-appointed commission. The so-called coal commission said last month that Germany should...
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Dozens of coal, iron ore freighters stuck off China ports amid customs delays: data, sources
February 1, 2019, 7:37 pm
SINGAPORE/BEIJING (Reuters) - Dozens of ships carrying coal and iron ore to China are stuck outside ports waiting to unload, according to shipping data, with traders saying harbor authorities are taking longer than usual to clear the imports with customs officials. Refinitiv data showed on...
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Coal still in high demand globally
February 1, 2019, 7:36 pm
CAPE TOWN – Although the world is switching to renewable energy there is still a big demand for coal around the globe. This is according to Canyon Coal’s executive chairperson, Vuslat Bayoglu speaking at the 14th Annual Southern African Coal Conference at the Westin Hotel...
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China imposes coking coal import restrictions at Northeast China ports: sources
January 30, 2019, 8:05 pm
Singapore — China has imposed port restrictions on coking coal imports at several ports in Northeast China including Bayuquan, Dandong and Dalian effective Tuesday afternoon, market sources with knowledge of the matter told S&P Global Platts Wednesday. Three Chinese steelmakers...
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Germany would end coal use by 2038 under new plan
January 28, 2019, 7:13 pm
BERLIN — In a pioneering move, a German government-appointed panel has recommended that Germany stop burning coal to generate electricity by 2038 at the latest, as part of efforts to curb climate change. The Coal Commission reached a deal early Saturday following months of wrangling that...
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Coal Isn't Dead. China Proves It.
January 23, 2019, 7:05 pm
For demand, too many confuse the crucial difference between "growing less slowly" or remaining "buoyantly very high" versus "shrinking" or "declining." Similar to U.S. oil demand, China's coal consumption aligns with the first two. While it could indeed...
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German vows to insulate industry from costs of culling coal
January 22, 2019, 7:27 pm
BERLIN (Reuters) - Germany will protect its manufacturing industry from the impact of abandoning cheap coal-fired power, which Berlin is looking to ditch for environmental reasons, its economy minister said. German companies want some protection from the rise they fear they will see in...
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China firms funding coal plants offshore as domestic curbs bite: study
January 22, 2019, 7:25 pm
[SHANGHAI] China has become a key backer for coal-fired power globally, funding more than a quarter of all new plants being developed outside its borders even as it clamps down on the polluting fuel at home, a study published on Tuesday said. The top destinations are Bangladesh, Vietnam, South...
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