Despite weakening demand from India’s power generation companies, coal prices in South Africa rose to $114 per tonne due to limited export coal supplies.

The Chinese government’s suspension of some coal mines before the public holiday from June 24 to July 5, 2021 in the largest mining province of Shanxi, has pushed coal prices of 5500 kcal/kg to $152/kg. ton.
This year’s rainy season in Northeast Australia may start earlier, so generators from Japan and South Korea have increased their purchases of Australian coal on the spot market. The shortage of Australian coal in the Asia-Pacific market has impacted Australian coal prices to reach 135 USD/ton.
Limited supply of coal for export in Indonesia supported the coal index of 5900 GAR to reach $102/ton. Due to heavy rain in Southern Indonesia and the outbreak of Covid-19 epidemic.
The price of coking coal from Australia increased to $195/ton due to limited supply of raw materials for export markets and growing demand from smelters in the Asia-Pacific region.

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Source: thecoalhub.com