Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China, which have until recently been pillars of strong demand. Benchmark API2 2016 coal futures have hit $52.85 a tonne, a level not seen since November 2003. The contract is now over 75 per cent below its 2008 all-time peak and more than 60 per cent below its most recent high following the 2011 Fukushima nuclear disaster in Japan.
FlashNews:
As India’s GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth
DFCCIL Advances East-West Freight Corridor with Stakeholder Push on Financing and Construction
GMR Charts Multi‑Phase Roadmap to Transform Nagpur Airport into India’s Heartland Hub
Kamarajar Port Joins Visakhapatnam as India’s Second 18‑Metre Deep‑Draft Port
El Niño Cuts 13 aGW Hydropower Across Asia, Forcing Coal and LNG Reliance
CUMI Named Armour Partner for DRDO’s Indigenous Vikram VT21 Combat Vehicles
CleanMax Achieves Record 530 MW Commissioning in Q1 FY2027, Expands Portfolio to 4.2 GW
POWERGRID Secures Landmark ¥80 Billion JBIC Green Loan for Clean Energy Push
Vikram Solar Rolls Out First Module at Tamil Nadu Mega‑Facility
AI‑Driven Governance for Capital Projects
India Needs a Comprehensive Approach to Data Sovereignty and Resilience: AS Kiran Kumar
Why India’s Logistics Costs Will Not Fall Through Infrastructure Alone
PM Modi to Dedicate HPCL Rajasthan Refinery, India’s First Greenfield Integrated Complex
Mumbai Port Unveils ₹50.29 Billion Projects on 154th Foundation Day
RVNL Completes Sitafalmandi-Lallaguda Chord Line, Boosting Hyderabad Rail Connectivity
Tata Power Commissions 100.8 MW Jewali Wind Project in Maharashtra
Skyroot Sets Launch Window for India’s First Private Orbital Rocket
India’s ACME Group Seals Landmark Green Ammonia, Methanol Deals with Japan
Indian Railways Posts 4% Freight Growth in June 2026
Home » Coal prices fall to 12-yr low
Coal prices fall to 12-yr low
Coal & Mining
September 1, 2015September 1, 2015
Leave a Reply
You must be logged in to post a comment.