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Import curb yet to have obvious impact on China's seaborne coal imports

2020-03-25 18:10:14 Policy,  Viewpoint,  Thermal Coal

At present, China has imposed strict restrictions on coal imports. It's learned that coastal areas like Fujian, Guangxi and Guangzhou...

Colombia mining companies to reduce operations due to coronavirus

2020-03-25 09:02:38 Policy,  Production & Sales,  International

Colombian mining companies, including coal producers Cerrejon and Drummond, will reduce operations to slow the spread of coronavirus,...

Another China-Mongolia coal hub likely to reopen soon

2020-03-25 08:59:12 Policy,  Ports

Ceke border crossing, one key pivot for Mongolian coking coal entering China, will likely reopen soon, following Gashuun Sukhait whic...

Weekly global coal market news summary (Mar 16-Feb 20)

2020-03-20 17:00:49 General,  Policy,  Viewpoint,  International

Indonesian thermal coal stabilizes at 6-mth-plus low; trades increase Indonesian thermal coal prices stabilized at its six-mont...

Qinhuangdao Port lowers two port service charges

2020-03-19 16:00:20 Policy,  Ports

Qinhuangdao Port Co., Ltd. issued a notice on March 19 stating the company has decided to reduce two port-based service charges by 20...

Indonesia to cancel rules requiring national ships for coal, palm exports

2020-03-19 09:49:08 Policy,  International

Indonesia's government will revoke rules requiring exporters of coal and palm oil to use national shipping companies for the shipment...

N China city to retire 3.65 Mtpa coking capacity in 2020

2020-03-18 16:52:13 Policy,  Environmental Protection

Jiexiu, a city in China's top coke-making province of Shanxi, is stepping up its efforts in eliminating excess coking capacity in 202...

China raises export tax rebate on almost 1,500 products to boost virus-hit trade

2020-03-18 15:35:39 Policy,  Import & Export,  Steel Products

China will increase export tax rebates on almost 1,500 products from March 20, the finance ministry said on March 17, as the governme...

Huaneng Caofeidian lowers port fees for coal shipments

2020-03-18 10:20:04 Policy,  Ports

Huaneng Caofeidian, one of four coal terminals of Caofeidian port in northern China's Bohai Bay, announced to cut port fees by 20%, i...

China's import coal curbs seem yet to have substantive effect

2020-03-17 17:22:44 Policy,  Import & Export

Market talk that China has intensified restrictions on import coal has been spreading recently, but the effect has been seldom talked...

India asks states to curb thermal coal imports

2020-03-17 09:33:51 Policy,  International

Replying to a query in the Upper House during Question Hour, Coal Minister Pralhad Joshi said India houses the fourth largest resourc...

China's N coal hub cuts port fees amid central government call

2020-03-13 16:52:47 Policy,  Ports

Huanghua port, a major hub for coal and other commodities in northern China's Bohai Bay, announced to cut port fees by 20%, the port ...

China $570 billion stimulus raises hopes for copper, iron ore price

2020-03-12 17:15:27 Policy,  Iron Ore

Copper and iron ore prices have held up surprisingly well as markets in the West belatedly come to grips with the coronavirus pandemi...

China will take multi-pronged measures to keep foreign trade, investment stable

2020-03-12 15:10:38 Policy xinhuanet. com

China will work to shorten the negative list on foreign investment and encourage financial institutions to increase foreign trade loa...

China to slash subsidies for renewable energy amid drive to cut state support

2020-03-12 14:18:23 Policy,  Environmental Protection

China will halve this year's subsidy budget for new solar power plants and will end handouts completely for new offshore wind farms i...

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Editors Recommendations

1 China Coal Daily Track (Mar 27) 2020-03-27

Thermal coal Production area Some mines in Yulin of Shaanxi saw slightly improves sales, helping relieving stock pressure; more small mines resume production in Shenmu and Fugu in the province,

2 Inner Mongolia Jan-Feb raw coal output logs rare 14.1% drop 2020-03-27

Inner Mongolia, top coal production hub in China, logged a steep year-on-year decline of 14.1% in raw coal production in the first two months this year, according to official data, primarily affected

3 China's State Grid 2019 profit hits 6-year low 2020-03-27

State Grid Corp. of China said its profit totaled 77 billion yuan in 2019, down 1.26% from a year ago, hitting a new low since 2014, the company said in a reported dated March 24. The cou

4 Spot Australian coking coal further slides in China; decline may not ease quickly 2020-03-27

Spot Australian premium coking coal further softened in China, a response to coke producers' tepid restocking as their profit margins dived close to zero. Settlement prices of spot Austra

5 Large offer-bid spread curbs Indonesian thermal coal trade in China 2020-03-27

The gap was still large between offers and bids of Indonesian thermal coal in the Chinese seaborne import market, as participants were hard to capture the market direction under the Covid-19 pandemic,

6 47.4 GW coal fired power projects cancelled in India in 2019, Report 2020-03-27

A staggering 47.4 GW coal fired power projects at different stages were cancelled in India in 2019 reducing total under development coal capacity to 66 GW. The data was compiled in a repo

7 China's spot thermal coal market further sapping on weak sentiment 2020-03-27

China's spot thermal coal market continued sapping near late this week, given battered market sentiment and tapered buying appetite from end users. Following 16 straight sessions of fallb

8 China's planned coal power capacity surged 46% in 2019 2020-03-27

China's planned coal-fired power capacity last year increased for the first time since Beijing imposed restrictions on new coal plant proposals and permits in 2016, a joint study by four international

9 China's steel supply surplus may linger in short run 2020-03-27

China's steel market is likely to continue dealing with supply glut in the short run, even if rebooted infrastructure and manufacturing activity could boost demand, said experts. In spite

10 China Coal Daily Track (Mar 26) 2020-03-26

Thermal coal Production area A few coal mines in Ordos of Inner Mongolia saw improved sales after previous price slumps, supporting prices to edge up 5 yuan/t, while most mines saw prices drop

Most Read News Stories

1 Mongolia resumes coal exports from Gashuun Sukhait on Mar 23 2020-03-24

Mongolia officially resumed coal export business through Gashuun Sukhait to its largest market China on March 23, the country's Finance Minister Chimed Khurelbaatar said on the same day, following a s

2 China's steel product prices moderately rebound in mid-Mar, NBS 2020-03-25

China saw mild upward revisions for steel product prices in mid-March, official data showed, riding on multiple positive factors of improving market liquidity, firm iron ore prices and better macro-

3 Thailand Feb thermal coal imports hit an 18-mth high 2020-03-25

Thailand's thermal coal imports hit an 18-month high in February, with a significant increase from a year earlier, customs data showed. In February, Thailand's imports of thermal

4 China Feb power consumption down 10.1% on yr 2020-03-23

China's power consumption decreased 10.1% year on year to 439.8 TWh in February, showed data from the National Energy Administration (NEA) on March 20. For the residential segment, power

5 China's Chongqing govt to sell Chongqing Iron & Steel 2020-03-23

The State-owned Assets Supervision and Administration Commission for the Chinese city of Chongqing opened bids to sell its 100% stake in Chongqing Iron & Steel (Group) Co Ltd starting on March 23,

6 Power generators decline to take coal from CIL subsidiary, stops payment 2020-03-23

Almost all power plants buying fuel from Coal India subsidiary, Central Coalfields, are refusing to accept supplies and have stopped making payments, it said in a statement issued on March 22.

7 Coal India attains highest single-day production of 3.17 Mt 2020-03-23

Coal India Ltd's single-day production peaked to a new high of 3.17 million tonnes on March 20, a company official said on March 21. The figure surpassed the biggest single-day output of

8 China iron ore futures tumble as global coronavirus-related curbs intensify 2020-03-23

Dalian iron ore futures prices slid more than 5% on March 23, leading another intense sell-off in China's ferrous metal futures as stricter measures to curb the spread of the coronavirus pandemic furt

9 China's social steel product stocks drop in mid-Mar after 2-mth increase, CISA 2020-03-25

Social stocks of five key steel products at 20 major cities in China declined during March 11-20 compared with ten days ago, after over two months of increase, industry data showed. Total

10 Jilin Feb raw coal output tumbles 49.92% YoY 2020-03-23

Jilin, a major coal production province in northeastern China, extracted 536,700 tonnes of raw coal in February, tumbling by 49.92% from the preceding year due to delayed coal mine resumption amid pan

Most Read Analysis & Comments

1 China's thermal coal market shows signs of improvement 2020-03-18

China's spot thermal coal market is on track to stabilize late this week with signs of improvement shown in demand at northern transfer ports on the second trading day. Traders reported t

2 China's import coal curbs seem yet to have substantive effect 2020-03-17

Market talk that China has intensified restrictions on import coal has been spreading recently, but the effect has been seldom talked about. Based on relevent sources, has summ

3 China's maritime quarantine adds blow to import thermal coal market 2020-03-19

Some Chinese customs tightened quarantine measures on all foreign vessels alongside spreading coronavirus across the world. This is expected to add additional blow to China's import thermal coal marke

4 China's steel exports fall nearly 30% in Jan-Feb, still under pressure in Mar 2020-03-19

Although China will raise export tax rebates on part of steel products from March 20, the current epidemic situation in Asian and European markets has severely curbed the demand for Chinese steel expo

5 Indonesian thermal coal stabilizes at 6-mth-plus low; trades increase 2020-03-20

Indonesian thermal coal prices stabilized at its six-month-plus low in Chinese seaborne import market, which was deemed by some participants as a sign of milder volatilities in the days ahead.

6 China thermal coal price cuts do nothing to improve demand 2020-03-16

Chinese domestic thermal coal market saw prices further decline at northern transfer ports over the final trading day last week. That seemed helpless to boost buying interest but aggravated the bearis

7 China's Feb coking coal imports tumble 45% on mth amid coronavirus ripple effect 2020-03-18

China's coking coal imports presented a month-on-month slump of 44.9% in February, mainly due to sharply decreased shipments from Mongolia as it shut down all export border crossings connecting China

8 Indonesian 3,800 Kcal coal steady after flagging to 6-mth low 2020-03-16

FOB price of Indonesian 3,800 Kcal/kg NAR thermal coal heading to China held steady for two sessions late last week after pulling back to a six-month low, showing no signs of improving in the near ter

9 Australian coking coal traded higher in China; Mongolian coal loses steam 2020-03-20

Australian premium coking coal was traded moderately higher in Chinese import market, possibly linked with a dearth of cargoes on recent closure of three coal terminals amid adverse weather conditions

10 Qinhuangdao thermal coal prices keep falling for 2 weeks 2020-03-20

Thermal coal prices at China's Qinhuangdao and other northern transshipment ports have been falling consecutively for more than two weeks, as seasonal weakness worsened the demand that have just got a

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