Chinese January Coal Imports Jump 56 Percent
Bloomberg reported that Chinese coal imports have skyrocketed by 56 percent in January, year-over-year.
Bloomberg reported that Chinese coal imports have skyrocketed by 56 percent in January, year-over-year.
Bloomberg reported that Indian Coal imports rose by 45 percent in December, year-over-year.
Reuters reported that the Colombian government has said that a new 22-million-tonne-capacity coal port supported by Glencore International PLC's Prodeco unit will be operable in a few month's time.
Bloomberg reported that coal export prices at South African terminal Richards Bay have plummeted to a two-month low.
Platts reported that 80 percent of the coal train drivers for Austrailia's Pacific National have voted in favour of a strike.
Reuters reported that increased use of less costly coal for energy in Europe is likely to support a spike in demand, which will likely push shipping rates up.
Platts reported that Great Lakes coal shipments fell sharply in 2012 by 8.2 percent, apparently due to falling water levels and a lack of adequate dredging. As quoted in the market report:
Platts reported that the Dalrymple Bay coal terminal located on Australia's eastern seaboard set a new record for coal shipments in December.
Bloomberg reported that India cut its coal imports by 13 percent in November.
Platts reported that coal exports from Alaska's only coal miner, Usibelli Mine Inc, will dip in 2012.
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