Indonesia releases a small number of coal carriers, and will evaluate whether to lift the export ban
A senior minister in Indonesia, the world's largest power coal exporter, said Monday (Jan. 10) that the country has allowed 14 coal-laden ships to leave the country after obtaining verification from the mining and transportation sectors. The Indonesian government will evaluate whether to lift the ban on Wednesday.
Broadcast|CCP’s Flood Disaster Forced the Closure of Coal Mines, Aggravated Soaring Prices of Global Energy
According to the Independent’s news on October 12th, heavy rains and floods in northern China have forced several coal mines to shut down, which further caused the coal prices to soar to a record level.
CCP’s Flood Disaster Forced the Closure of Coal Mines, Aggravated Soaring Prices of Global Energy
In addition to coal prices, Brent crude oil also hit its highest level since October 2018 at US$84.60 on Tuesday (October 12).
Electricity Rolling Blackout Has Become Routine Within Communist China as International Coal Price Spiked
According to multiple news resources within Communist China, several provinces around the country has declared an emergency on electricity shortage as coal supply becomes scarce and coal price spikes, and this situation may continue and become routine.