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Top related persons:
David Gray - 1 it's - 1 Indonesia's - 1 Shri Navaratnam - 1
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Ulan New South Wales Mudgee Australia LAUNCESTON Beijing Asia China
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REUTERS - 1 Labor Party - 1 Liberal - 1 National - 1 China - 1 Argus - 1 Thomson - 1

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4 mentions found


☆ Column: China's renewed appetite for Australian coal disrupts Asia flows
  + stars: | 2023-08-10 | by ( Clyde Russell | Thomson Reuters | Clyde Russell Is Asia Commodities | ) www.reuters.com   time to read: +5 min
China's increased appetite for thermal coal from Australia and Russia has led to a shift in imports by India, the world's second biggest coal buyer. From December to February India's imports of Australian thermal coal had been above 1 million metric tons per month, peaking in January at 1.79 million. In contrast India is turning back to thermal coal from Indonesia, with July arrivals of 6.87 million metric tons, up from 6.04 million in June. For July, Indonesia's share of India's thermal coal imports was 63%, which was the highest since the 65% in April. China and India both generally import Australian thermal coal of a lower energy value than the traditional buyers of Japan, South Korea and Taiwan.
Persons: David Gray, it's, Indonesia's, Shri Navaratnam Organizations: REUTERS, Labor Party, Liberal, National, China, Argus, Reuters, Thomson Locations: Ulan, New South Wales, Mudgee, Australia, LAUNCESTON, Beijing, Asia, China, Mongolia, Indonesia, Russia, India, Japan, South Korea, Taiwan, Australia's Newcastle, Ukraine
☆ Sydney swelters through autumn heatwave, bushfire threat looms
  + stars: | 2023-03-05 | by ( Renju Jose | ) www.reuters.com   time to read: +2 min
REUTERS/David Gray/File PhotoSYDNEY, March 6 (Reuters) - Parts of Australia's east including Sydney recorded their hottest day in more than two years on Monday with temperatures hitting more than 40 degrees Celsius (104 Fahrenheit), raising the risk of bushfires. Firefighters are working to contain nearly 40 bushfires across New South Wales, the home state of one-third of Australians, with crews on the ground supported by aircraft. Penrith, a suburb in western Sydney, recorded 40.1 degrees Celsius on Monday afternoon - the hottest day since Jan. 26, 2021 - while some inland towns reached nearly 41 degrees. Australia's east coast has been dominated by the La Nina weather phenomenon - typically associated with increased rainfall - over the last two years, which brought record rains and widespread flooding. In 2022, Sydney recorded its highest annual rainfall since records began in 1858.
☆ Exclusive: China Energy places order to import Australian coal
  + stars: | 2023-01-06 | by ( Muyu Xu | ) www.reuters.com   time to read: +4 min
India's share of Australian coal increased to 15.7% in 2022 from 12.3%, while Europe's share increased to 8% from 4.6%, the Kpler data showed. "Australian thermal coal is of better quality and is expensive. Global prices of both coking and thermal coal shot up after Russia's invasion of Ukraine last year. Analysts and traders expect the return of Australian coal to challenge the market share of suppliers such as Russia and add to pressure on prices in the longer term. "Entry of Australian coal into Chinese markets could ease coking coal prices, which are currently on the higher side," an Indian coal trader said.
☆ Australia flood crisis enters third week as heavy rains lash east
  + stars: | 2022-10-24 | by ( ) www.reuters.com   time to read: +2 min
SYDNEY, Oct 24 (Reuters) - Already-flooded towns across Australia's east were on high alert on Monday after a weekend of heavy rains, with authorities warning a wild weather system could persist until later this week and trigger renewed riverbank bursts. About 200 flood warnings remained in place in both states as of Monday morning, with 132 of those in New South Wales. A severe weather warning was cancelled on Monday, but the region is still on flood alert. Many agricultural regions have been severely impacted, including Moree where the local river peaked near historic flooding levels. In neighbouring Victoria state, residents of Echuca remain sheltered behind a dirt levee erected last week as the Murray, Australia's longest river, broached a near 30-year high.
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