Indonesia futures exchange to launch coal contract
The Jakarta Futures Exchange is to launch a new coal contract.
The Jakarta Futures Exchange is to launch a new coal contract.
Berau Coal expects 15% increase in coal output next year.
China’s coal exports fell in November but imports may be heading for a new record, say industry sources.
Coal prices remained largely steady last week, but rose as oil prices advanced on Monday.
Coal explorer Bandanna Energy said that the Wiggins Island Coal Export Terminal (WICET) remained on schedule to export its first coal by mid-2014.
Vietnam to cut its coal exports and raise import volumes in the run-up to 2015, when it brings several thermal power plants online.
China raises its electricity prices for the first time in six months and announces a cap in thermal coal costs as it aims to reduce outages.
India’s power plants see coal supplies increasingly dwindle past the critical, leading to huge shortfall in meeting government power output targets.
Newcastle Coal Terminal could double its shipments under a new development project by Hunter Ports.
Prompt coal prices remain soft with very few signs of improvement.
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