After Cyclone Debbie, China replaces Australian coal with US cargoes

By Henning Gloystein SINGAPORE, Apr 4 : China, the world’s biggest coking coal importer, is scrambling to cover Australian supply disruptions after Cyclone Debbie knocked out mines and rails by turning to an unusual source: the United States. Debbie, which hit Australia’s Queensland state last week, caused the evacuation of several mines and damaged coal […]

Asia’s coal markets tighten on Indonesia port probe, Australian cyclone

By Henning Gloystein SINGAPORE, Mar 29 :Port disruptions in Indonesia and a cyclone hitting mines in Australia have tightened Asia’s coal markets in March, while demand in China and other key import markets remains strong, lifting prices. Prompt thermal coal cargo prices for export from Australia’s Newcastle port have risen by more than 11 percent […]

Clampdown on North Korean trade squeezes Chinese border towns

By Brenda Goh DANDONG, China, Feb 23 : As Beijing tightens its grip on trade with North Korea, the economies of Chinese towns along the 1,400-km border the two countries share are floundering. On Saturday, China said it would ban all coal imports from North Korea, the latest move to enforce United Nations sanctions aimed […]

North Asia’s winter blast to raise January coal, LNG consumption

By Henning Gloystein and Mark Tay SINGAPORE, Jan 6 : Winter temperatures in North Asia will swing to unusually cold from relatively mild in the coming weeks, lifting the demand for liquefied natural gas (LNG) and thermal coal as regional power stations ramp up to meet the increased heating needs. January tends to be the […]