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Australian miner New Hope Corp on September 18 said thermal coal prices would push higher in coming months, extending a rise that helped boost its profits in the last financial year.
The
Dozens of miners were synchronously raising coal prices in Yulin city since September 16, northwestern China's Shaanxi province, backed by robust pre-winter restocking in Northeastern China.
Ports in all major areas of Southern China's Guangdong have also been temporarily suspended during the super typhoon "Mangkhut" arrival.
The No. 22 typhoon of this year made landfall on t
Thermal coal
Domestic market
Thermal coal prices edged down 10-20 yuan/t in Yuyang district of Yulin city, Shaanxi province, due to fewer trucks coming to mines for loading; prices wer
China Coal Energy Co., Ltd., one listed arm of China National Coal Group, produced 67,000 tonnes of polyethylene (PE) in August, up 6.3% year on year, said the company in a statement on September 14.
China Coal Energy Co., Ltd., one listed subsidiary of China National Coal Group, produced 6.54 million tonnes of coal in August, edging up 0.8% from a year ago, said the company in a report on S
Indonesian thermal coal prices held steady at the beginning of this week, with offers of low-CV coals to Chinese buyers almost unchanged from late last week.
The market looked quite lukew
Coal stocks at China's leading transfer port of Qinhuangdao edged higher, as outbound shipment has been limited by local government authorities for environmental purpose, traders said.
Da
With some coke producers starting to accept
the drop of purchase price for metallurgical coke proposed by steel mills in
Hebei and Shandong last week, the feast for Chinese coke market came to an en
Spot prices of thermal coal were generally on a gentle upward track at northern China ports in the week ending September 17, supported by resilient purchase by some industrial plants and higher delive
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Chinese thermal coal market gained strength at the beginning of this week from stiff prices at production areas, which, plus transport fees, pushed coal prices up at northern ports.
The m
Prices of import thermal coal offered to Chinese buyers continued to inch up late last week, aligning with recent upturns in China's domestic market.
The uptick seen in Indonesian coal wa
Not many deals were concluded for import thermal coal at the beginning of this week, said market sources in China, on a lack of support from the demand side.
"Recent import market just sh
Chinese spot thermal coal market has moved in a narrowed range for nearly two weeks, with both sellers and buyers keeping the price wrestling but failing to tip the balance.
By September
Coal miners in main-producing areas of China are optimistic about thermal coal market in the future, as demand continues to increase.
Currently, lump coal prices kept climbing up in Ordos
Tightness of coking coal supply in China, caused mainly by strengthened environment-related production restrictions, is expected to get eased moderately with increased arrivals of Mongolian coal follo
China's coal imports climbed by 13.49% from
a year earlier to 28.68 million tonnes in August, showed data from the General
Administration of Customs (GAC) on September 8.
The impo
China's coal exports reached 486,000 tonnes
in August, surging 710% on the year and 14.35% on the month, showed data
released by the General Administration of Customs on September 8.
China is considering allowing its northern provinces to decide individual output cuts by heavy industries including steel to rein in emissions during the winter, sources said.
This
The sixth price hike of 100 yuan/t proposed
by leading coke producers in Hebei, Shanxi and Shandong has been accepted by
many steel mills in Hebei and Shandong, taking the total increase to 600-650
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