South African Thermal Coal Differentials
India’s coal imports slump as economy lockdown bites Korean imports of Australian coal have dived and the outlook is not positive
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Coal, Commodities, Freight, Iron Ore
Dry Bulk Market: Strong Iron Ore Demand Boosts Rates On 2020 High
The Baltic Briefing CapesizeThe Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the market. Earnings have lifted from sub operating cost levels under two weeks ago, to now having surged up to have the Capesize 5TC settling at $12,410. Long […]
Korean imports of Australian coal have dived and the outlook is not positive
By Bevis Yeo | Stockhead Australian thermal coal exports to South Korea were down 21 per cent in the first quarter of 2020 and there are signs that this will be a continuing trend. The recently elected South Korean government came to power pledging to reach net zero emissions by 2050, end financing of overseas […]
India’s coal imports slump as economy lockdown bites
By Clyde Russell | Reuters India’s imports of coal collapsed to the weakest in at least five years in May, as the economic lockdown in the world’s second-biggest importer of the polluting fuel took its toll. Imports were estimated at 9.17 million tonnes in May, according to vessel-tracking and port data compiled by Refinitiv, the […]