Sentences with phrase «thermal coal market»
China could become a net exporter of coal again before 2020, which would see the seaborne thermal coal market weakened again, the report finds.
https://www.carbontracker.org/
The sale seems to be timely: thermal coal markets have suffered with the growing number of power plants that are switching to clean - energy alternatives.
One result: the deep structural decline in seaborne thermal coal markets.
Not exact matches
«It's really a tale of two markets,» he said, noting that as U.S. thermal coal prices soften, demand for high - grade metallurgical coal and some thermal coal has helped prop up U.S. coal mining activity in traditional high - volume regions like Appalachia and the Powder River Basin.
As domestic demand increases for both thermal and metallurgical coal, China is expected to curtail exports, possibly expanding markets for other regional players like India, Australia and Indonesia.
In New Zealand, most coal mining to date has been for the domestic market, primarily thermal power stations in the North Island and the Glenbrook Steel mill.
US thermal coal prices have risen over the past few months, largely lifted by higher gas prices for power generation, and forecasts for a tighter gas market in 2017 is good news for coal producers.
Platts» coal team assesses the current state of the US thermal coal export market and the prospects for US suppliers in the heavily supplied European and Asian markets in 2013.
Platts Asia coal team discusses in detail the latest price trends in the Chinese domestic coal market, focusing on two new daily Platts thermal coal price assessments.
Key thermal coal producers in China stunned market participants with sizeable price cuts this month.
The market place for coal is divided into thermal coal (for electricity production) and metallurgical coal (or coking coal, used for smelting).
The company is strategically placed and plays an important role in exporting both thermal and metallurgical coal to important markets in Asia and around the world.
The industry's plan B, to export production to assumed perennial growth markets in Asia, has also floundered amid a global market awash with supply from other countries and weak demand; Chinese coal consumption fell nearly 3 % in 2014 while India, the world's third largest buyer, says it may stop imports of thermal coal in the next three years With domestic markets collapsing and no lifeline from abroad, 264 [1] US mines were closed between 2011 and 2013.
At a time when industry analysts laughed at the suggestion, Carbon Tracker was already modelling the impact of Chinese thermal coal demand peaking on the seaborne markets.
Profits in thermal coal are already hard to find in today's market.
The companies in aggregate represent 66 % of the global seaborne market in iron ore, 53 % in copper, 42 % in metallurgical coal and 28 % in thermal coal.