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The Asian thermal coal market is at an interesting crossroads this week, as Chinese buyers make a cautious return to the Asia seaborne market after their week-long holiday. Meanwhile, buyers in Japan continue to wrestle with Australian coal suppliers over prices for term contracts starting October...
Brussels to Beijing: Commodity Policy in Europe and Asia Podcast
China’s ban on thermal coal imports at Tier 2 ports in end June have had the initial effect of cooling Asian thermal coal prices. But limited supply availability and the hot summer season have quickly reversed this trend. Chinese domestic coal prices have rallied, breaching the Yuan 600/mt...
Senior editor Michael Cooper and associate editor Mia Corazon Aureus give an overview of Asian thermal coal markets, including the latest in Japan's benchmark contract negotiations, South Korean imports and coal consumption tax updates, Indonesian prices, and our newly-launched Northeast Asian...
S&P Global Platts editors Jacqueline Holman and Cameron Carswell discuss recent moves in European and Asian thermal coal markets, from the rapid increase in prices which saw the Australian market hit $115.50/mt FOB for 6,000 NAR kcal/kg cargoes, to the more recent price retreat and where the...
S&P Global Platts editors Jacqueline Holman and Cameron Carswell discuss the surprise announcement from the Turkish government to levy a $15/mt tax on imported thermal coal for power generation, the short term impact of the tax, the potential beneficiaries and the ways in which market players...
The seaborne thermal coal market has seen a huge turnaround with an unexpected surge in prices since June. In this podcast, senior editor Michael Cooper joins managing editor Deepak Kannan in examining what's driving coal buyers in China to bid higher for cargoes from Australia and Indonesia, the...