Coal news and updates

India's Russian thermal coal imports set to fall for first time in 4 months

NEW DELHI, Sept 22 (Reuters) - India's thermal coal imports from Russia are expected to fall for the first time in four months in September, two research consultancies said, potentially resulting in lower revenues for Moscow at a time it is mobilising more troops to fight in Ukraine.

Indian consultancy Coalmint expects September thermal coal imports from Russia to decline 30% from August to 1.4 million tonnes, it said in a note to clients.

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London-based analytics firm DBX Commodities estimates Indian shipments of the power generation fuel to fall to 1.5 million tonnes this month from 1.9 million tonnes in August, Chief Executive Alexandre Claude told Reuters on Thursday.

Energy exports to India and China have been crucial revenue sources to sanctions-hit Russia, but have also helped bridge supply gaps and place a lid on surging global fuel prices