The Magazine for Asian Investors
According to China’s customs authority, China imported more coal from Russia in August than in July, reaching at least its highest level in five years. China is seeking overseas power suppliers to meet peak demand during extreme heat. According to…
China’s National Bureau of Statistics (NBS) reported that daily coal production fell to a 3-month low as some mines in China’s largest coal production center cut production and some stopped manufacturing. This was due to the impact of heavy rains…
China’s National Bureau of Statistics (NBS) reported that daily coal production in China rose 16% year-on-year in July. China has asked miners to ensure sufficient supply to meet peak demand in the summer. According to the report, China produced 372.66…
According to the International Energy Agency (IEA), domestic coal demand in India is expected to increase by 7% for the full year from early 2022 as the country’s economy grows and electricity consumption increases. In contrast, coal consumption in China…
According to a report published today by the IEA, global coal consumption will increase modestly in 2022, returning to the record level of nearly a decade ago. The IEA points out that the outlook for coal is fraught with uncertainty…
The China Customs Administration (GAC) said China’s coal imports rose about 24% in July from June, near the highest level this year, as power plants buy more coal to meet summer demand. According to GAC, China imported a total of…
Coal prices are picking up again after peaking in early 2022 and are now looking at the $420 per tonne hurdle. Coal demand is set to reach record levels in 2022, says the International Energy Agency. According to the agency,…
Indonesia reported a better-than-expected trade balance in June, with a surplus of $5.09 billion compared with a forecast of $3.52 billion. The previous month, the trade surplus had been $2.9 billion. Official data show that coal exports to Europe have…
With the restructuring of Russian energy supplies, Russia has taken in more than $24 billion in the months since the invasion of Ukraine, according to Bloomberg. Russia has increased its sales to China and India as they are happy to…
Russian President Vladimir Putin warns of serious consequences for the West if the West expands its sanctions. He said in a meeting with government officials, “Further application of the sanctions policy can lead to even more serious, without exaggeration even…
