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China's coke market is about to see weak supply and demand in the second half of this year for various reasons, an analyst pointed out in an industry meeting recently.
In contrast t
China's coal-fired power plants are burning less coal lately despite scorching weather still lingers in most southern regions. Is this a prelude to further softening of the thermal coal market, which
Concerns were growing that a possible price pullback is looming in China's spot thermal coal market, as persistent lukewarm demand continued deterring trade settlements and dampening confidence.
Indonesian low-calorific value thermal coal steadied in China's seaborne import market this week, but still faced pressure amid flat buying demand, traders said.
Indonesian miners turned
With garage classification rolling out in China, waste-to-energy projects have entered a significant period in the country.
The country's capacity of innocuous waste incineration has been
Unlike most Chinese listed steel companies
that reported sharp declines in their net profits in the first half of 2019,
Daye Special Steel, which just became the largest listed special steelmaker in
Thermal coal
Production area Some mines in Shaanxi and Inner Mongolia further
lowered prices by 10-20 yuan/t, as inventory pressure were amounting due to
slack demand from end users, while mo
Buying activity of spot thermal coal gathered pace in northern Chinese ports, bolstering further price rebound of the fossil fuel following fortnight drops.
Fenwei assessed 5,500 Kcal/kg
China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp., saw its commercial coal output decline by 1.6% year on year in July following two months of mild rises, the company said
One major state-owned Chinese utility issued a fresh tender for Indonesian thermal coal with low calorific values at the first day of the week, according to traders familiar with the matter.
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Australia's energy giant Allegiance Coal has been
longing to broaden metallurgical coal business in Canada and the US.
The company has been going on with a project in Telkwa, Brit
Mechel, one of the leading Russian mining and metals companies, signed annual contracts for coking coal supplies with two Chinese steel giants, the company said on its website.
The supply
Thermal coal loadings have been affected greatly at northern China ports since last weekend, disrupted by Typhoon Lekima and consequent torrential rains.
Both inbound rail deliveries and
CFR price of Indonesian 3,800 Kcal/kg NAR coal, the most favored grade for Chinese utilities, has dropped below the $40/t threshold late last week following seven sessions of declines.
On
China's seaborne import thermal coal market is set for a new week of declines, as power producers' buying appetite seemed to be subduing amid high inventory and low consumption, in addition to import
Thermal coal prices have been sliding down in China since early this month, hit by weak purchase from power plants alongside rainy and typhoon weather that reduced air-conditioning demand in the coast
Foreign miners and Chinese traders pulled back from thermal coal trades in Chinese seaborne import market, owing to poor demand and increased trade risks.
Transactions have been rather du
Chinese thermal coal prices were still under downward pressure on concern that waterlogged coal piled up at northern ports might self-ignite after the weather clears up.
"Rain-soak
Chinese spot thermal coal market ended a bearish week with further losses at northern transfer ports, as downstream demand remained sluggish on the whole.
On August 9, Fenwei CCI index fo
The future trend of China's spot thermal coal market is likely to be largely influenced by the country's stance on import coal policy, which may significantly affect the supply-demand relation in dome
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