{"id":434716,"date":"2021-09-08T09:17:39","date_gmt":"2021-09-08T03:47:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=434716"},"modified":"2021-09-08T10:28:43","modified_gmt":"2021-09-08T04:58:43","slug":"asias-coal-prices-hit-new-highs-as-global-utilities-scramble-for-fuel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/asias-coal-prices-hit-new-highs-as-global-utilities-scramble-for-fuel\/","title":{"rendered":"Asia&#8217;s coal prices hit new highs as global utilities scramble for fuel"},"content":{"rendered":"<p>BEIJING\/CHENNAI (Reuters) &#8211; Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said. <\/p>\n<p>The most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange jumped more than 4% on Tuesday to a record high of 979 yuan ($151.63) a tonne.<\/p>\n<p>In India, prices of better burning U.S. thermal coal (6900 NAR) in North Indian retail markets have risen by a third in the last 15 days and are up by more than 100% from a year ago to 14,600 Indian rupees a tonne. <\/p>\n<p>Coal supply is struggling to catch up with demand in top consumer China as mine safety checks slow output.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING\/CHENNAI (Reuters) &#8211; Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said. The most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange jumped more than 4% on Tuesday to a record high of 979 yuan ($151.63) a tonne. In India, prices of better burning U.S. thermal coal (6900 NAR) in North Indian retail markets have risen by a third in the last 15 days and are up by more than 100% from a year ago to 14,600 Indian rupees a tonne. Coal [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-434716","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/434716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=434716"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/434716\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=434716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=434716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=434716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}