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Global thermal coal markets have largely “bottomed out” following a steep drop in the first half of 2019, although supply contraction will likely need to continue over the rest of the year and into 2020 to achieve global rebalancing...
Severe flooding at one of Coal India’ largest mines has pushed up demand for imported thermal coal, market sources said.
South Africa is pushing coal producers to cut prices to help save Eskom Holdings SOC Ltd., the debt-stricken power utility that threatens to unravel the country’s finances.
Subdued prospects for Europe’s coal imports
Coal stocks at northwest European dry bulk terminals have risen to four-month highs as low river levels result in reduced barge shipments to inland plants.