{"id":12106,"date":"2021-07-09T21:00:51","date_gmt":"2021-07-10T01:00:51","guid":{"rendered":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/"},"modified":"2021-07-09T21:00:51","modified_gmt":"2021-07-10T01:00:51","slug":"column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/","title":{"rendered":"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell"},"content":{"rendered":"
\n

LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG), but enjoying strong gains amid rising demand. Both thermal coal, used in power plants, and coking coal, used to make steel, have rallied strongly in recent months. And in both cases the driver has largely been China, the world\u2019s biggest producer, importer and consumer of the fuel. There are two elements to China\u2019s influence on seaborne coal markets in Asia; robust demand as the Chinese economy rebounds from the coronavirus pandemic; and Beijing\u2019s policy choice to ban imports from Australia. Both elements are reflected in the prices, with lower-quality thermal coal from Indonesia being the biggest beneficiary. The weekly index for Indonesian coal with an energy value of 4,200 kilocalories per kilogram (kcal\/kg), as assessed by commodity price reporting agency Argus, has surged nearly three-quarters from its 2021 low of $36.81 a tonne to $63.98 in the week to July 2. There is a demand-pull element helping to boost prices of Indonesian coal, with data from commodity analysts Kpler showing China imported 18.36 million tonnes from the world\u2019s largest shipper of thermal coal in… continue reading<\/a><\/p>\n

Continue reading Column-Robust China coal demand amid Australia import ban fuels price rally: Russell<\/a>. This article appeared first on CTRM Center<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG), but enjoying strong gains amid rising demand. Both thermal coal, used in power plants, and coking coal, used to make steel, have rallied strongly in recent months. And in both cases the driver has largely been China, the world\u2019s biggest producer, importer and consumer of the fuel. There are two elements to China\u2019s influence on seaborne coal markets in Asia; robust demand as the Chinese economy rebounds from the coronavirus pandemic; and Beijing\u2019s policy choice to ban imports from Australia. Both elements are reflected in the prices, with lower-quality thermal coal from Indonesia being the biggest beneficiary. The weekly index for Indonesian coal with an energy value of 4,200 kilocalories per kilogram (kcal\/kg), as assessed by commodity price reporting agency Argus, has surged nearly three-quarters from its 2021 low of $36.81 a tonne to $63.98 in the week to July 2. There is a demand-pull element helping to boost prices of Indonesian coal, with data from commodity analysts Kpler showing China imported 18.36 million tonnes from the world\u2019s largest shipper of thermal coal in… … continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\nColumn-Robust China coal demand amid Australia import ban fuels price rally: Russell | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\" \/>\n<meta property=\"og:site_name\" content=\"Commodity Technology Advisory\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-10T01:00:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Patrick Reames\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:site\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Reames\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\"},\"author\":{\"name\":\"Patrick Reames\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9\"},\"headline\":\"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell\",\"datePublished\":\"2021-07-10T01:00:51+00:00\",\"dateModified\":\"2021-07-10T01:00:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\"},\"wordCount\":233,\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\",\"name\":\"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell | Commodity Technology Advisory\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\"},\"datePublished\":\"2021-07-10T01:00:51+00:00\",\"dateModified\":\"2021-07-10T01:00:51+00:00\",\"description\":\"LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and\",\"breadcrumb\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.comtechadvisory.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\",\"url\":\"https:\/\/www.comtechadvisory.com\/\",\"name\":\"Commodity Technology Advisory\",\"description\":\"CTRM Market Insights\",\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.comtechadvisory.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\",\"name\":\"Commodity Technology Advisory\",\"url\":\"https:\/\/www.comtechadvisory.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png\",\"contentUrl\":\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png\",\"width\":700,\"height\":700,\"caption\":\"Commodity Technology Advisory\"},\"image\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\",\"https:\/\/twitter.com\/comtechadvisory\",\"https:\/\/www.linkedin.com\/company\/2980731\",\"https:\/\/www.youtube.com\/user\/Comtechadvisory\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9\",\"name\":\"Patrick Reames\",\"url\":\"https:\/\/www.comtechadvisory.com\/author\/preames\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell | Commodity Technology Advisory","description":"LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/","og_locale":"en_US","og_type":"article","og_title":"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell | Commodity Technology Advisory","og_description":"LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and","og_url":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/","og_site_name":"Commodity Technology Advisory","article_publisher":"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory","article_published_time":"2021-07-10T01:00:51+00:00","og_image":[{"width":700,"height":700,"url":"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg","type":"image\/jpeg"}],"author":"Patrick Reames","twitter_card":"summary_large_image","twitter_creator":"@comtechadvisory","twitter_site":"@comtechadvisory","twitter_misc":{"Written by":"Patrick Reames","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/#article","isPartOf":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/"},"author":{"name":"Patrick Reames","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9"},"headline":"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell","datePublished":"2021-07-10T01:00:51+00:00","dateModified":"2021-07-10T01:00:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/"},"wordCount":233,"publisher":{"@id":"https:\/\/www.comtechadvisory.com\/#organization"},"articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/","url":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/","name":"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell | Commodity Technology Advisory","isPartOf":{"@id":"https:\/\/www.comtechadvisory.com\/#website"},"datePublished":"2021-07-10T01:00:51+00:00","dateModified":"2021-07-10T01:00:51+00:00","description":"LAUNCESTON, Australia (Reuters) \u2013 Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and","breadcrumb":{"@id":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.comtechadvisory.com\/blog\/column-robust-china-coal-demand-amid-australia-import-ban-fuels-price-rally-russell\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.comtechadvisory.com\/"},{"@type":"ListItem","position":2,"name":"Column-Robust China coal demand amid Australia import ban fuels price rally: Russell"}]},{"@type":"WebSite","@id":"https:\/\/www.comtechadvisory.com\/#website","url":"https:\/\/www.comtechadvisory.com\/","name":"Commodity Technology Advisory","description":"CTRM Market Insights","publisher":{"@id":"https:\/\/www.comtechadvisory.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.comtechadvisory.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.comtechadvisory.com\/#organization","name":"Commodity Technology Advisory","url":"https:\/\/www.comtechadvisory.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png","contentUrl":"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png","width":700,"height":700,"caption":"Commodity Technology Advisory"},"image":{"@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/CommodityTechnologyAdvisory","https:\/\/twitter.com\/comtechadvisory","https:\/\/www.linkedin.com\/company\/2980731","https:\/\/www.youtube.com\/user\/Comtechadvisory"]},{"@type":"Person","@id":"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9","name":"Patrick Reames","url":"https:\/\/www.comtechadvisory.com\/author\/preames\/"}]}},"_links":{"self":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts\/12106"}],"collection":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/comments?post=12106"}],"version-history":[{"count":0,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/posts\/12106\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/media?parent=12106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/categories?post=12106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.comtechadvisory.com\/wp-json\/wp\/v2\/tags?post=12106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}