Due to cold weather & compounding coal shortage Chinese have to turn heaters off & not use lifts.
How much are we charging for coal?
bgt said
04:20 PM Dec 18, 2020
What goes around comes around was a saying my mum often used.
oldbloke said
09:41 PM Dec 18, 2020
All coal ships should return to our ports IMO.
Then if china needs it UP the price.
Phillipn said
07:05 AM Dec 19, 2020
China are screwing Australia and they don`t care what they do to their own people to acheive their goals.
Tony LEE said
08:49 AM Dec 19, 2020
The price China is now paying for coal has gone up
"China's spot coal prices have risen above $US90.82 ($120.17) per tonne compared to $US62.82 per tonne for Australian coal as it restricts imports to protect local producers.5 days ago
www.smh.com.au world asia
China-Australia dispute: Coal blocked indefinitely by Beijing"
AND
Iron ore prices have also risen leading to Chinese steel producers asking BHP et al to give them price relief.
bgt said
02:16 PM Dec 19, 2020
Coal ship anchored off the Chinese coast can't move without permission. Some wanted to divert to Japan but China refused permission. Some ships have also sent their crews home.
I believe some Chinese power stations were designed just to use high quality Australian coal. Switching to Indonesian or Russian coal is not easy if at all possible.
littledick said
03:58 PM Dec 19, 2020
Newcastle Harbor coal loader pretty empty of ships at present. Haven't seen such large mounds of coal for years.
Probably will get more than usual coal dust deposits in our area, depending on the wind direction!!!
Dick.
oldbloke said
06:33 PM Dec 19, 2020
bgt wrote:
Coal ship anchored off the Chinese coast can't move without permission. Some wanted to divert to Japan but China refused permission. Some ships have also sent their crews home. I believe some Chinese power stations were designed just to use high quality Australian coal. Switching to Indonesian or Russian coal is not easy if at all possible.
Soooo, they could be just sitting there for 12 months?
Hope President Xi Jinping & his cronies freeze! But our affected coal is coking coal - for steel manufacturing!
Canada is another large supplier of coal; China also has its own coal!!
bgt said
09:37 PM Dec 20, 2020
Warren-pat that's incorrect. China imports both coking coal and thermal coal from Australia. At the moment China is short of thermal coal and has power restrictions. They are stopping both at the moment.
The Belmont Bear said
10:02 PM Dec 20, 2020
Warren-Pat_01 wrote:
X2 Phillipn!
Hope President Xi Jinping & his cronies freeze! But our affected coal is coking coal - for steel manufacturing!
Canada is another large supplier of coal; China also has its own coal!!
Not true Warren Newcastle currently has the title of being the worlds largest coal export terminal and all shipments of both thermal and coking coal to China have stopped. According to the reports there have been zero coal shipments to China scheduled for this month and there are none on the books for next month. The Chinese are 20% of the market so there are still 100 other bulk carriers scheduled to leave the port over the next few weeks bound for Japan, India and South Korea. According to the Port Authority coal tonnages through Newcastle over the last year has not been that greatly effected.
Coal has been exported from Coal River (Newcastle) since 1799 so I guess the industry will survive this latest spat - I also feel sorry for people being caught up in the stupid games that these Chinese are playing and not just in the coal industry. By the way oldbloke who would unload your returning ships, put it on trains, then find somewhere to store the millions of tonnes - we don't actually have the infrastructure for things to run in reverse ?
BB
-- Edited by The Belmont Bear on Sunday 20th of December 2020 10:03:06 PM
oldbloke said
05:37 AM Dec 21, 2020
The Belmont Bear wrote:
Warren-Pat_01 wrote:
X2 Phillipn!
Hope President Xi Jinping & his cronies freeze! But our affected coal is coking coal - for steel manufacturing!
Canada is another large supplier of coal; China also has its own coal!!
Not true Warren Newcastle currently has the title of being the worlds largest coal export terminal and all shipments of both thermal and coking coal to China have stopped. According to the reports there have been zero coal shipments to China scheduled for this month and there are none on the books for next month. The Chinese are 20% of the market so there are still 100 other bulk carriers scheduled to leave the port over the next few weeks bound for Japan, India and South Korea. According to the Port Authority coal tonnages through Newcastle over the last year has not been that greatly effected.
Coal has been exported from Coal River (Newcastle) since 1799 so I guess the industry will survive this latest spat - I also feel sorry for people being caught up in the stupid games that these Chinese are playing and not just in the coal industry. By the way oldbloke who would unload your returning ships, put it on trains, then find somewhere to store the millions of tonnes - we don't actually have the infrastructure for things to run in reverse ?
BB
-- Edited by The Belmont Bear on Sunday 20th of December 2020 10:03:06 PM
Yeh, point taken. Then divert to another country. But seems they are stuck there for some reason.
China is trying to make an example of what can happen to any country that does not do what it is told by China and especially if a country challenges the idiots that run China, the world is now seeing just what the Chinese mind is capable of.
As a country, they take the long term view maybe a decade or two and expect to win like they have so many times before and it does not matter if a couple of million people die, it's all for the greater good or so they tall the peasant and working class.
The World is now waking up to what little dictator who runs China is up to and I don't think it will be long before the consequences of his actions backfire and more than the USA put sanctions on Chinese products.
I wonder if our government will have the gumption to put tariffs on Chinese goods coming into Australia.
Due to cold weather & compounding coal shortage Chinese have to turn heaters off & not use lifts.
How much are we charging for coal?
Then if china needs it UP the price.
China are screwing Australia and they don`t care what they do to their own people to acheive their goals.
Newcastle Harbor coal loader pretty empty of ships at present. Haven't seen such large mounds of coal for years.
Probably will get more than usual coal dust deposits in our area, depending on the wind direction!!!
Dick.
Soooo, they could be just sitting there for 12 months?
That's total BS.
Hope President Xi Jinping & his cronies freeze! But our affected coal is coking coal - for steel manufacturing!
Canada is another large supplier of coal; China also has its own coal!!
Not true Warren Newcastle currently has the title of being the worlds largest coal export terminal and all shipments of both thermal and coking coal to China have stopped. According to the reports there have been zero coal shipments to China scheduled for this month and there are none on the books for next month. The Chinese are 20% of the market so there are still 100 other bulk carriers scheduled to leave the port over the next few weeks bound for Japan, India and South Korea. According to the Port Authority coal tonnages through Newcastle over the last year has not been that greatly effected.
Coal has been exported from Coal River (Newcastle) since 1799 so I guess the industry will survive this latest spat - I also feel sorry for people being caught up in the stupid games that these Chinese are playing and not just in the coal industry. By the way oldbloke who would unload your returning ships, put it on trains, then find somewhere to store the millions of tonnes - we don't actually have the infrastructure for things to run in reverse ?
BB
-- Edited by The Belmont Bear on Sunday 20th of December 2020 10:03:06 PM
Yeh, point taken. Then divert to another country. But seems they are stuck there for some reason.
Blackouts in China now.
https://amp.news.com.au/finance/business/mining/chinas-ban-on-australian-exports-backfires-as-city-blackouts-ordered/news-story/14052f830be0a48080687e6fb9a8e1e5
As a country, they take the long term view maybe a decade or two and expect to win like they have so many times before and it does not matter if a couple of million people die, it's all for the greater good or so they tall the peasant and working class.
The World is now waking up to what little dictator who runs China is up to and I don't think it will be long before the consequences of his actions backfire and more than the USA put sanctions on Chinese products.
I wonder if our government will have the gumption to put tariffs on Chinese goods coming into Australia.