Iman Resources News Today

India's imports of petcoke are expected to more than double this year, industry officials say, as competitive prices are driving cement makers to switch to the fuel as an alternative to coal. A tonne of petcoke, a refinery byproduct, is more expensive than coal, but produces more energy when burnt. It is generally not used as fuel because of toxic emissions, but is widely used

Firm seaborne thermal coal prices and volatile freight rates have slowed down interests from Asia’s ex-Chinese markets like Thailand, Vietnam and India, market sources told S&P Global Platts. These markets are expected to return in March on hopes that prices and freight would ease for procurement in April. Prices soared after Indonesia’s ban on coal ...

As the Ukraine-Russia crisis intensifies and threatens to spark conflict in Europe, analysts warn there may be implications for Asia, where several countries depend on Russia for oil, gas and coal. Any invasion of Ukraine by Russian troops could trigger sanctions and reprisals that would disrupt the movement of fuels and impact energy security affecting ...

For Australian coal, which has faced restrictions in the Chinese market since late 2020, new windows of opportunities have opened up. Many other Asian markets – such as India, Japan, South Korea and Taiwan – have witnessed sharp rises in Australian coal inflows. China imposed the unofficial ban on Australian coal in November 2020 after ...

Surging power demand to support an economic revival, import slowdown due to high global prices, and seasonal disruptions have created coal shortages in India that have not been not seen in years, raising fears of widespread power cuts and triggering a broader debate on the country’s preparedness to shed its dependence on imports. Some coal-powered ...

Like China's, India's power plants are running worryingly short on coal.

India and China are among the world’s biggest coal producers but both Asian powerhouses are still forced to import coal due to massive demand for their power... 05.10.2021, Sputnik International

Indian demand for US mid-vol coking coal growing on steel rebound: Iman Indian demand for US mid-volatile matter and premium hard coking coal imports grew in 2020 as strong steel and met coke fundamentals support India consumption rising to a new high in 2021 and 2022, according to Iman Resources. India imported 4.16 million mt of US met coal, down slightly from the 4.21 million mt in 2019. However, imports of US mid-vol HCC rose to 2.66 million mt in 2020, up 17% from 2019, Iman Resources FZ, ...