Editors Recommendations
China's spot thermal coal market witnessed poor trading activities at the beginning of this week after a rapid price increase last week, which made traders wary of taking positions.
One T
Bearish sentiment further deepened among traders for China's import thermal coal market, as the country's lids on import showed no signs of relaxing and buyers' bids trended further down.
China's spot thermal coal prices are less likely to rise above the year-ago level in the winter peak demand season, given relatively high stocks at power plants and their cautious buying.
The World Steel Association on October 16 doubled its 2018 and 2019 forecasts for global demand growth for the material used in everything from cars to construction, but warned that the outlook was cl
Traders and steel makers in China have gradually consented to a 100 yuan/t rise proposed by coke producers, who enjoyed brisker sales in the upturn.
Having finalized the price rise,
China imported 7.62 million tonnes of natural gas in September, jumping 28.3% from a year earlier but dipping 1.9% from August, showed data from the General Administration of Customs (GAC) on October
China National Nuclear Power Co., Ltd (CNNP) generated 84.94 TWh of commercial power in the first three quarters, a year-on-year rise of 13.55%, said the firm in a statement on October 11.
China's metallurgical coke market showed signs of upturn at the first week after the National Day holiday, with strength diverged in major production and consumption regions. However, the price wrestl
Spot prices of thermal coal extended gains at northern China ports in the first week after the weeklong National Day holiday, supported by resilient mine-mouth prices, a rally in truck freight and gro
Most of the 16 listed Chinese steel firms, which had released earning announcement or preannouncement as of October 14, predicted up to 50% surge in profit for the first three quarters this year, medi
Most Read Articles
Ganqimaodu border crossing in China's Inner Mongolia imported 11.59 million tonnes of coking coal from the neighboring Mongolia over January-August this year, falling 1.76% from the year-ago level but
China's thermal coal market moved steadily upward after the weeklong National Day Holiday, with many spot coal traders elbowing up offer prices, pushing up spot price of 5500 Kcal/kg NAR thermal coal
Shanxi province, a major coal mining hub in northern China, vowed to cut coking capacity and annual coke output, according to a government statement on October 9, in line with a long-term drive to red
China's port thermal coal prices were well propped up by persistently tight controls on imports alongside production constraints at mines for environmental clear-up.
Relevant government d
Coal stocks have tumbled drastically to below 5 million tonnes at northern China's Qinhuangdao port recently, paving the way for a likely coal price rise in the future.
Eyeing such
China's Qinhuangdao port, as a barometer of thermal coal market and stabilizer of coal prices, is proven irreplaceable to coal shipment, mainly a transfer center for cargoes from production areas to c
China imported 25.14 million tonnes of coal in September, falling 7.18% from the year prior and down 12.35% from August, showed data from the General Administration of Customs (GAC) on October 12.
Mongolia exported 3.58 million tonnes of coal in September, soaring 55.38% on the year and 20.09% on the month, data from the National Statistics Office showed.
In January-September, coal
India's coal import increased substantially by 35% to 21.1 million tonnes in September, as against 15.61 million tonnes in the corresponding month previous fiscal. The rise in imports comes at a time
China
likely to extend restrictions on import coal to end of this yr
China is likely to extend restriction on
import coal to the end of this year, in a move to maintain a relative balance
of
中文
