The Magazine for Asian Investors
China continues to rely on coal-fired power, at least that is how the new investment in new coal mines in the Shaanxi region and Inner Mongolia can be explained. A total of three new projects, two in Shanxi and one…
Newcastle coal futures continue to rise and are now up more than 40% YTD. Price data shows that at the turn of the year the price per ton was still around $155 whereas now it has already reached $224 per…
The price of coal is on the rise again, after prices virtually exploded last year, the signs are now pointing to a new rally. At the beginning of 2021, hardly anyone could have guessed what strong year coal prices would…
The first breath of relief in Asia as Indonesia allows first coal exports after the export ban. Apparently, over 36 vessels were allowed to leave the country. Previously, the country had imposed a ban on coal exports after coal producers…
Thermal coal was an expensive good in 2021, could gain almost 300% in peak after the COVID pandemic outbreak in 2020. However, the price storm came to an end towards the end of October after China decided that the domestic…
China tells mining companies in Inner Mongolia to increase coal production. Meanwhile, oil and gas prices continue to rise. The lack of coal and rising oil and gas prices are causing power outages in factories and homes. Economic recovery from…
