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The monthly-issued China Thermal Coal Index
(CTCI) by the National Development and Reform Commission declined 3.16% year on
year in May, marking the eighth-month negative growth in a row.
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Thermal
coal
Production
area Coal prices remained under pressure in
Shaanxi's Yulin, where the overall supply edged up but sales were sluggish.
In Ordos, Inner Mongolia,
Indonesian miners generally upheld offers for thermal coal cargoes heading to China amid rain-interrupted coal production and delivery, yet many traders deemed it only temporary and tepid demand may f
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Coal imports in Taiwan of China picked up to a high this year in May, with a firm increase of 20.3% from a month earlier, official data showed.
Taiwan imported 6.37 million tonnes of coal
Coal imports registered a year-on-year decline of 2.73% at Ceke border crossing in northern China's Inner Mongolia autonomous region in May, according to official data.
The inland c
Chinese domestic spot thermal coal market ended last week with steady prices of main grades at northern ports, though views were mixed toward the near-term market outlook.
Negative commen
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South Korea's imports of metallurgical coal, including coking coal and PCI coal, posted the second straight rise in May, the latest customs data showed.
The country imported 3.03 million
Chinese
import thermal coal market stabilizes after decline
Chinese seaborne import thermal coal market
stabilized this week following straight declines for more than a week before
holidays f
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China's coal imports climbed to a
four-month high in May, a solid 8.57% increase from a month earlier, showed
data from the General Administration of Customs on June 10.
In May
Participants still lacked confidence in Chinese spot thermal coal market even though prices of 5,000 Kcal/kg NAR coal have rebounded in recent days amid slightly revived interest from buyers.
Steel prices generally went downward in China in the week through June 7 on concerns about weak demand, though most mills were still able to make profit.
Spot price for rebar averag
World coal production totaled 8.013 billion tonnes in 2018, a 4.0 increase from the previous year, breaking the 8-billion-tonne mark for the first time in the recent four years, according to the lates
Several Indonesian coal miners declared force majeure on shipments due to heavy rain, triggering a slight change of sentiment in Chinese seaborne import market.
Jhonlin Group, a low-calor
Indonesian coal miners stopped lowering offer prices of thermal coal cargoes heading to China over concerns of supply tightness as extreme weather hobbled coal production and vessel loading in the sou
Indonesian spot thermal coal prices extended the downward trend from last week with not much change in offers from Indonesian miners who just got back from a week-long holiday.
Offer pric
Chinese spot thermal coal market has remained in mild correction since last week, though coal replenishment from utilities hasn't improved greatly ahead of summer peak season.
The short-t
China experienced a steep year-on-year drop of40.15% in coal exports in May, accelerating from a 1.57% decrease a month ago, showed customs data released on June 10.
The country exp
Indonesia's Ministry of Energy and Mineral Resources has set its June thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $81.48/t, 0.46% lower than the reference in May and do
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