coal australia thermal coal daily price

Price slump threatens viability of coal projects

Billions of dollars worth of Australian coal projects are under threat as slumping prices render about 19 per cent of the world's existing seaborne thermal coal supply loss-making.

Get Price

Coal in Australia - Wikipedia

Coal is mined in every state of Australia.The largest black coal resources occur mainly in Queensland and New South Wales. About 70% of coal mined in Australia is exported, mostly to eastern Asia, and of the balance most is used in electricity generation.Coal production in Australia increased 13.6% between 2005 and 2010 and 5.3% between 2009 and 2010. In 2016, Australia was the biggest net ...

Get Price

Coal price forecasts: Why we wouldn't be building a coal ...

7/1/2019· Figure 2: NSW thermal coal price forecasts. Source:ITK. High coal prices mean high electricity prices and provide headroom for new renewables investment and lower electricity consumption.

Get Price

Coking coal marker price

China Coal Daily Daily intelligence and price updates on the Chinese coal industry and markets.* Inside Coal Daily intelligence and price updates focusing on the global metallurgical coal markets. Australian Coal Report Weekly reports, including in-depth coverage of the Australian Thermal and Met coal …

Get Price

Coal's price collapse threatens Australian mines

Almost 60 per cent of the world's thermal coal and more than 30 per cent of Australian thermal coal is unprofitable at current prices, creating a horror backdrop for the long list of miners and ...

Get Price

Coal News - China

Glencore, Tohoku Electric set coal contract price at $68.75/T -Nikkei. Reuters - 5/18/2020 4:16:00 AM Global miner Glencore Plc and Japan's Tohoku Electric Power agreed on a price of $68.75 per tonne for supplies of thermal coal from Australia for the year through March 2021, the Nikkei business daily reported on Saturday.

Get Price

Coal, Australian thermal coal Daily Price - Lee …

03.01.2011· Coal, Australian thermal coal Daily Price : 129.90 Description: Coal, Australian thermal coal, 12000- btu/pound, less than 1% sulfur, 14% ash, FOB Newcastle/Port Kembla, US$ per metric tonne Unit: US Dollars per Metric Ton

Get Price

Argus Coal Daily International | Argus Media

The Argus Coal Daily International service provides the latest accurate, unbiased pricing and reporting for the thermal coal markets in northern Europe, South Africa and Asia-Pacific. It also provides key indexes used and trusted around the world, including forward …

Get Price

Australian miners hit by lowest thermal coal …

The spot price of thermal coal, which is burned to generate electricity, was US$66.20 ($95) last week, down more than a third from US$100.73 ($145) a year earlier.

Get Price

Thermal Coal Price | Historical Charts, Forecasts & News

Thermal Coal Price Outlook Prices for Australian thermal coal, which is used in power generation, plummeted in recent weeks. This was due to an oversupplied market and weakness in the Chinese industrial sector owing to Covid-19, which also weighed on global demand.

Get Price

Demand for Australia's thermal coal exports to …

Australia is the world's second largest exporter of thermal coal, and industry estimates are predicting price rises and export growth in Asia linked to population growth in emerging markets like ...

Get Price

Australian coal prices cop a 'belting' as Chinese …

"While Australian thermal coal prices plummeted, Indonesian thermal coal prices surged as Chinese buyers scrambled to source for mid-to-high CV [calorific value] cargoes of other origins," Platts ...

Get Price

IEEFA Australia: Thermal coal export sunset looming closer ...

For more than a decade, the figures looked good. Australia's thermal coal mining export industry was experiencing an unprecedented rise in the coal seaborne market. Up to 2015 the numbers were singing. Australia was leading the market as the world's biggest exporter of coal. But then something happened. Australia's thermal coal exports lost their momentum. […]

Get Price

globalCOAL - ICE Coal Futures Prices

ICE Coal Futures Prices ... Including three financially settled contracts for the world's busiest international coal hubs: Newcastle (Australia), Rotterdam (Europe) and Richards Bay (South Africa). Register to access. To access the ICE Coal Futures Daily Settlement Prices, globalCOAL's free coal price indices, as well as the coal calculator ...

Get Price

6. Thermal coal - Department of Industry, Tourism and ...

Australian thermal coal prices have been supported in recent months, driven by strong demand in Asia. However, the Newcastle benchmark spot price is forecast to decline from an average of US$105 a tonne in 2018 to US$75 a tonne in 2020, as demand growth slows. Australia's export volumes are forecast to grow from 203 million tonnes in 2017–18 to 208 million tonne in 2019–20, reflecting a ...

Get Price

australian thermal coal daily price - Primera Gildenburgh

Argus Coal Daily The index for 6,000 kcal/kg coal fob Newcastle, Australia, has hovered around $100/t for the past month Indonesian prices are on the upswing and Colombian, Prices for most US thermal coals rose in over-the-counter trad-ing today, despite electric power losses in the US southeast, Argus Coal Daily Issue 17-174 ....

Get Price

Price slump threatens viability of coal projects

Billions of dollars worth of Australian coal projects are under threat as slumping prices render about 19 per cent of the world's existing seaborne thermal coal supply loss-making.

Get Price

Coal Market Faces Fresh Speculation China …

21.05.2020· A coal market only just rebounding from the lowest price in four years might now need to grapple with the prospect of China renewing its restrictions on Australian supplies.

Get Price

NAB slashes thermal coal price forecasts on weaker demand ...

The National Australia Bank has lowered its thermal coal price forecasts for 2020 and 2021 on a weaker demand outlook in the long term, NAB said Wednesday …

Get Price

Coking Coal Price | Historical Charts, Forecasts & …

Coking Coal Price Outlook Prices for Australian coking coal were stable in recent weeks, marking a divergence from iron ore prices even though both commodities are key components in the steel production process. On 15 May, Australian coking coal traded at USD 137 per metric ton, which was unchanged compared to the same day of the previous month.

Get Price