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Weekly global coal market news summary (Jan 14 – Jan 18)

2019-01-18 18:10:38 General,  International,  Thermal Coal sxcoal.com

India's ECL output at 33 mln T during Apr-Dec FY2018-19 Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, said on Ja...

China to help plug UK nuclear power gap as Japanese plans falter

2019-01-18 17:00:09 International,  Nuclear reuters.com

China's General Nuclear Power Corporation (CGN) will bring forward plans to build a nuclear plant in Britain, it said on January 17, ...

India's ECL output at 33 mln T during Apr-Dec FY2018-19

2019-01-18 16:20:35 Company,  Production & Sales,  International ptinews.com

Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, said on January 17 it produced 32.9 million tonnes of coal in the first thr...

EU agrees to extend steel import curbs until 2021

2019-01-18 14:15:46 Policy,  Import & Export,  International,  Steel Products reuters.com

The European Union will limit imports of steel into the bloc following U.S. President Donald Trump's imposition of metals tariffs aft...

India's steel output rises 4.5%, consumption up 8.4% during Apr-Dec

2019-01-18 08:57:09 Production & Sales,  International,  Steel Products ians.in

India's finished steel production during April to December period of the current financial year (FY2018-19) rose by 4.5% to 97.358 mi...

Vietnam's coal exports up 7.6% YoY in 2018

2019-01-17 17:06:17 Import & Export,  International xinhuanet.com

Vietnam exported roughly 2.4 million tonnes of coal worth $325 million in 2018, mainly to Japan, South Korea, Thailand, India and Mal...

South32's Q4 coking coal output nearly doubles, sees stronger 2019

2019-01-17 10:44:46 Company,  Production & Sales,  International,  Coking Coal reuters.com

Australian mining group South32 Ltd on January 17 logged a near 100% spike in October-December 2018 metallurgical coal output and rai...

Australia's Whitehaven Coal Oct-Dec production up 12% YoY

2019-01-17 08:42:50 Company,  Production & Sales,  International reuters.com

Australia's largest independent coal producer Whitehaven Coal said on January 16 its October-December 2018 saleable coal production r...

Rio Tinto calls force majeure on some iron ore shipments after fire in Australia

2019-01-16 14:53:00 Company,  International,  Iron Ore reuters.com

Rio Tinto said on January 14 it has declared force majeure on iron ore shipments to some customers following a fire at its Cape Lambe...

Indonesian coal prices ascend quickly after Chinese mine accident

2019-01-16 11:45:45 Viewpoint,  Price,  International,  Thermal Coal sxcoal.com

Indonesian thermal coal suppliers raised offer prices to Chinese buyers promptly in the wake of a fatal mine accident that killed 21 ...

Queensland exports record amount of coal in 2018

2019-01-15 17:00:17 Import & Export,  International brisbanetimes.com

Data from Queensland's ports revealed total coal exports of 223 million tonnes over the year to December 2018, surpassing by 2 millio...

India's crude steel output falls 1.4% to 8.936 mln T in Dec

2019-01-15 10:35:17 Production & Sales,  International,  Steel Products ptinews.com

The crude steel production fell by 1.4% to 8.936 million tonnes in December 2018, according to official data. The country had produce...

Coal expected to be Australia's most valuable export in FY2018-19

2019-01-14 15:36:40 Viewpoint,  Import & Export,  International asia.nikkei.com

Coal is expected to become Australia's most valuable export for the first time in nine years in fiscal 2018 ending June this year, as...

PLN plans to acquire two coal mines in mid-2019

2019-01-14 14:08:12 Company,  International thejakartapost.com

Indonesia's state-owned power utility PLN is planning to ensure long-term supplies for its coal-fired power plants by acquiring two c...

High-CV import coal more popular among Chinese buyers

2019-01-14 11:50:03 Viewpoint,  Price,  International,  Thermal Coal sxcoal.com

Chinese buyers preferred purchasing import thermal coal with higher caloric values from Indonesia and Australia, according to traders...

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Editors Recommendations

1 Weekly global coal market news summary (Jan 14 – Jan 18) 2019-01-18

India's ECL output at 33 mln T during Apr-Dec FY2018-19 Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, said on January 17 it produced 32.9 million tonnes of coal in the first thre

2 China on track to cut steel asset-liability ratio to below 60% 2019-01-18

China is on track to further reduce the asset-liability ratio in its steel industry, which stood at 65.74% as of end-November last year, according to an industry meeting held on January 14.

3 China Coal Daily Track (Jan 18) 2019-01-18

Thermal coal Domestic market Production area More mines in Yulin city of Shaanxi were ordered to halt production for safety checks, and most mines were mainly selling stocks. Miners frequ

4 Thoughts about Chinese Shenmu coal accident 2019-01-18

One deadly coal mine accident in northwestern China's Shaanxi province on January 12, which took away 21 lives, has shocked the entire market. Beyond sorrow and regret, there are many aspects we sh

5 Traders divided on China's pre-holiday thermal coal market 2019-01-18

Participants in Chinese spot thermal coal market were divided in the short-term outlook before the Spring Festival holiday, with some holding back on sales anticipating strong pickups while the others

6 Market hype helps push up Indonesian coal prices, traders 2019-01-18

Indonesian coal prices have risen visibly in recent days, and some Chinese traders deemed it unreasonable, in spite of multiple positive factors including heavy rain that has affected local production

7 China Dec power coal price index overview 2019-01-18

China's monthly-issued price index of power coal staged a year-on-year decline of 2.61% in the last month of 2018, which was still 0.41% higher compared with the November level, showed data from the s

8 China 2018 solar curtailment rate declines to 3%, NEA 2019-01-17

China's solar power electricity could be 97% utilized in 2018, and only 3% of the total generation was idled, showed data from the National Energy Administration, down 2.8 percentage points from a yea

9 China Coal Daily Track (Jan 17) 2019-01-17

Thermal coal Domestic market Production area Thermal coal prices continued rising at major production areas. A large numbers of coal mines in Shenmu and Fugu of Shaanxi halted produc

10 CHN Energy lowers spot coal prices by 1-11 yuan/t, sources 2019-01-17

China Energy Investment Corporation (CHN Energy), the nation's top coal miner, reduced its spot prices of thermal coal for the week ending January 21 by 1-11 yuan/t, a pullback from price hikes in the

Most Read News Stories

1 More coal mines ordered to stop production in Shaanxi 2019-01-16

More coal mines are ordered to halt operation for rectification in Yulin city, northwestern China's Shaanxi province after a fatal accident in Shenmu on January 12. Coal mines with blasti

2 China 2018 coal imports up 3.9%, above expectations 2019-01-14

China imported a total 281.23 million tonnes of coal, lignite included, in 2018, customs data showed, failing to meet the government's earlier expectations of controlling at lose to the 2017 level.

3 China's coal remaining reserves & resources exceed 1.6 tln T 2019-01-17

China's remaining reserves & resources of coal reached 1.67 trillion tonnes by the end of 2017, according to a report issued by the Ministry of Natural Resources, up 4.3% from a year ago.

4 Ganqimaodu coal imports up 5.3% YoY in 2018 2019-01-16

Ganqimaodu border crossing in northern China's Inner Mongolia autonomous region imported 18.07 million tonnes of Mongolian coal in 2018, up 5.3% from the year-ago level, showed data from the municipal

5 China's NDRC to further standardize rail freight charges 2019-01-15

China is to further standardize charges for railway freight transport, said the top economic planner in a notice on January 14, in order to lower physical logistics cost and streamline transport struc

6 China 2018 solar curtailment rate declines to 3%, NEA 2019-01-17

China's solar power electricity could be 97% utilized in 2018, and only 3% of the total generation was idled, showed data from the National Energy Administration, down 2.8 percentage points from a yea

7 China's "100-Mt coal producer club" expands to 7 in 2018 2019-01-17

Seven Chinese coal mining groups saw their production exceed 100 million tonnes last year, showed data from China National Coal Association, one more than 2017. The seven's combined produ

8 Weekly China coal market news summary (Jan 14 – Jan 18) 2019-01-18

China 2018 coal exports slump 39% China exported a total of 4.93 million tonnes of coal in 2018, down 39% from the previous year, showed data from the General Administration of Customs (GAC) on

9 China's natural gas imports hit record high in 2018 2019-01-15

China's imports of natural gas climbed to a new high last year in part due to government support for clean energy. Some 90.39 million tonnes of natural gas were transporte

10 China's coal prices drop in early-Jan, NBS 2019-01-15

Price of most thermal coal grades in China dropped in early January compared with late December, while only two coal types remained unchanged, showed data from the National Bureau of Statistics (NBS)

Most Read Analysis & Comments

1 China's spot thermal coal prices may head down as port demand drops 2019-01-09

China's spot thermal coal prices might head down in a short term as the downward spiral of port transaction and sagging demand from end users unleashed bearish sentiments among traders for future mark

2 China coastal thermal coal market struggles again after brief bounce 2019-01-11

China's coastal thermal coal market lost strength after over one-week rebound, and the rate of decline seemed speeding up along with dwindling demand. On January 10, the Fenwei CCI index

3 Chinese thermal coal lacks strength to keep rising, traders 2019-01-08

Chinese thermal coal prices may lack sustained momentum to go up further, traders said, although cargoes settled and offered at northern ports continued edging up on January 7. This was m

4 Will China coal market strengthen after fatal mine accident? 2019-01-15

A severe coal mine accident happened on January 12 has brought Chinese coal industry into spotlight. Strengthened safety inspection will inevitably lead to a reduction of coal output in the short run.

5 Newcastle coal price to decline 30% by 2020 2019-01-08

Asia-Pacific benchmark Newcastle coal prices could decline by around 30% by 2020, from 2018 average levels, as Chinese import demand cools, an Australian government report said. The Newca

6 China spot thermal coal market ends 10-day price rebound 2019-01-10

There are some odds that recent price rebound of thermal coal starting late December may come to end at northern China's Bohai-rim ports, as traders scrambled to sell amid weakening demand before the

7 China's import thermal coal market may cool down, traders 2019-01-10

China's import thermal coal market is likely to cool down after utilities finish their buyings, yet prices may not fluctuate sharply, trade sources said. Some Chinese utilities have issue

8 Wide price drops hit China's coking coal market 2019-01-07

China's coking coal market was hit by widespread price drops in the past week, as prices of raw coking coal declined with the decrease of washed products in main-producing bases, under the bleak outlo

9 Chinese thermal coal extends weakness as traders rush to dump cargoes 2019-01-11

Chinese thermal coal prices continued losing ground at northern transfer ports, partly due to some traders' de-stocking activities aimed to shun costly storage fees and financial expenses.

10 Foreign miners look to strong Chinese coal import in early Spring 2019-01-11

Some foreign miners look to an upturn in China's thermal coal import in early Spring of February and March, when utilities and industrial firms may start restocking to meet demand that just revives fr

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