Chinese traders and utilities slowed buying of Indonesian thermal coal recently, but Indonesian miners were still optimistic about the future market and even planned to uphold price till May, sources
China's thermal coal market was roughly stable for the time being, with bullish and bearish factors interweaving, sources said.
Offer prices for 0.8% sulfur 5,500 Kcal/kg and 5,000 Kcal/k
China is banking on the shale gas technology in North America to extract methanol and clean its pollution by putting it in use for refinery chemicals, clean energy and thermal fuels, China Daily repor
Domestic marketThe ongoing safety inspection curbed the pace of production resumption at China's thermal coal mines. Coal sales remained active thanks to stable utility buyin
Robust demand kept prices of thermal coal buoyant at southern China ports, but traders seemed a bit cautious with more care on the price trend at production areas.
Utilities have maintain
Shanxi's renewable energy power output has reached 53.8 TWh by end-February since its first wind power plant was put into operation in July 2008, indicating that its renewable energy development has e
The development of new energy sources grew faster in Northwestern China's Xinjiang Uygur autonomous region compared to other areas of the country, sources learned from the Xinjiang branch of State Gri
China's imported thermal coal prices may remain stable in April, supported by increasing shipping rate and a lack of supply, market sources said.
Indonesian 3,800 Kcal/kg NAR coal was off
Most utilities in China expected thermal coal prices to decline on increasing supply and thus slowed down their buying activities, sources said.
Despite sliding coal stocks, coastal utili
The regional government of Ningxia in northwestern China may not directly intervene in coal prices, in the wake of the local thermal power companies' request to lower price to ease their operating dif
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China is ramping up controls on imports of low-quality coal due to concerns about smog and overcapacity in the world's top coal consumer, as traders report some cargoes have been delayed by customs ch
China's coal mines should not produce beyond capacity, the National Energy Administration (NEA) said, while giving updates on the approved production capacity of coal mines.
In a document
The provincial government of coal-rich Shanxi issued an emergency notice on March 12, starting immediate inspection aimed at cracking down on beyond-capacity production at province-wide coal mines, lo
China consumed 448.8 TWh of electricity in February, increasing 17.2% year on year, showed data from the National Energy Administration (NEA) on March 15.
Over January-February, China's t
China's thermal coal market has regained robust upward momentum lately, after months of declines starting from last November when China moved to boost thermal coal production to ensure supply for wint
China's raw coal output stood at 506.78 million tonnesover January-February this year, decreasing 1.7% year on year, showed data from the National Bureau of Statistics (NBS) on March 14.
Glencore has hired a senior
banker from Morgan Stanley, as the mining giant looks at investments and
acquisitions again after two years of belt
tightening due to low commodities prices,
India looks to Australian coking coal for steel and power industries
As highly dependent on imports for this crucial raw material needed for steel and power generation, India has decided to tack
China plans to reduce asset-liability ratio to below 60% in steel sector in the next three to five years, said the China Iron and Steel Association (CISA) lately.
In 2016, the average ass
China's coal supply tightness to ease amid production resumption
Supply tightness is expected to ease in China's domestic coal market, as opencast mines in Inner Mongolia's Ordos release output