Global coal production expected to rise by 3.5% in 2021: GlobalData

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Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%). These were only partially offset by increases in China (4%) and India (0.7%).  Additionally, during the last year, there was an estimated […]

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China thermal coal prices under pressure, India to gain ground in 2020: S&P Platts

Chinese thermal coal prices are likely to come under pressure in 2020 from rising domestic output, while India makes further gains in its quest to surpass China as the world’s largest thermal coal importer. India’s increased demand for imports, which is due largely to domestic production and transportation challenges, will likely come at a time […]

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NTPC of India aims for 10.4 million tonnes of captive coal production during 2019/20

India’s largest power producer, National Thermal Power Corporation (NTPC), has set a target of mining 10.4-million tonnes of coal from its captive mines during 2019/20. According to a company statement, NTPC had set the coal production target in its memorandum of understanding (MoU) signed with the Power Ministry, which also stipulated that the utility would […]

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China’s coal prices up 12 percent in September

China’s coal price index was 414.07 in September, up 11.99 percent from August and 22.71 percent from a year earlier, the official Xinhua news agency quoted the country’s top economic planner as saying. Since June 2016, the coal price index has been rising for four consecutive months, the National Development and Reform Commission (NDRC) said. […]

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China says coal consumption to be 4.3 billion tonnes by 2020

China’s coal consumption will be around 4.3 billion tonnes by 2020, as the government pushes for cleaner and greener growth despite the slowing economy, Xinhua news agency quoted the China National Coal Association (CNCA) as saying. The annual growth of coal consumption during 2016-2020 will remain at 2 percent, the CNCA President Wang Xianzheng during […]

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