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Business 08 Jun 2018 | 12:00 AM

Australian thermal coal prices rise on Asian demand

SINGAPORE: Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in particular.

Markets 10 Jan 2018 | 12:00 AM

Coal India raises thermal coal prices

NEW DELHI: Coal India Ltd has raised some prices of the fuel used to fire power plants for the first time in about a year-and-a-half, as the world’s biggest coal producer shores up efforts to pay for higher salaries. Shares jumped.

Commodities 21 Aug 2017 | 5:12 AM

Coal price surge justified by China's dynamics, for now

LAUNCESTON, Australia: How much of the current surge in thermal coal prices in Asia is because of a fundamental shift in the supply-demand balance, and how much is down to speculative froth?

Commodities 03 Jul 2018 | 6:30 AM

Australian Newcastle spot coal prices hit US$120 for 1st time since 2012

SINGAPORE: Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot market buying by Japanese utilities to meet demand through the rest of 2018.

Business 05 Apr 2019 | 5:19 AM

Australia coal posts biggest weekly drop in a decade amid weak demand

SINGAPORE: Australian thermal coal prices this week registered their biggest weekly fall since the financial market turmoil of a decade ago as demand plunged with the end of winter and amid worries over the strength of the global economy.

Business 05 Jun 2012 | 12:00 AM

Indonesia considering tax on coal shipments

NUSA DUA (Indonesia): Indonesia plans to control coal exports and is considering a tax on shipments from the world’s top thermal coal exporter, the mining minister said, comments that pushed shares in the country’s top coal miners down by more than 10%.