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Thermal coal prices stayed at or close to three-year lows in northern Chinese production areas, with bearish demand more than offset positive effect from safety-related output shrink.
China State Railway Group aimed to ramp up coal delivery by more than 100 million tonnes in the next year, said Ying Huigang, director with Cargo Transport Department of China State Railway Group, at
Hunan Valin Steel, a Chinese state-owned company based in the capital city Changsha, produced 1.76 million tonnes of finished steel in November, rising 17.3% from the preceding year, the steelmaker sa
Thermal coal
Production area Coal prices held steady in Shaanxi's Yulin. Apart from a few mines, most were operating normally. Sales stabilized and inventory declined.
In Ordos, In
China's leading coal-dedicated Daqin railway transported 35.41 million tonnes of coal in November, falling 7.95% from the preceding year, said its operator Daqin Railway Co., Ltd in an announcement la
China's thermal coal market opened the week with thinner trades at northern transfer ports. Participants held different views about the price trend, offering cargoes at rather varied prices.
Prices of Indonesian thermal coal sold to China have been stable since late last week, a response to cooled buying appetite from Chinese utilities despite expectations of relaxed import curbs for Janu
Coal exports from Colombia further increased 11.63% from the month prior in September, marking the third robust pickup in a row on monthly basis, showed data from Colombian National Department Adminis
China's domestic thermal coal market broke the steadiness to trend down late last week, alongside soured sentiment after CHN Energy slashed November monthly term contract prices and utilities accordin
China's met coke producers
proposed to steel mills the second price increase of 50 yuan/t last week,
following the first hike of the same in late November. Most steelmakers were
yet to respond, whi
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Yangquan Coal Industry (Group) Co., Ltd has signed an agreement with Henan Energy and Chemical Industry Group Co., Ltd on December 3 over the strategic energy cooperation in the future, the company sa
Participants in Chinese spot thermal coal market fretted about downside pressure from possible steadiness or downward adjustment of 2020 annual base price of long-term contract, after spot prices have
Sales of Indonesian thermal coal with January and February laycans to China improved last week, as several utilities sought to restock before or after the Spring Festival holidays, which falls on late
In a grudgingly climate-friendly gesture, IrkutskEnergo, a major Siberian energy company, is moving to shed its coal assets – a sign that even Russian power producers are feeling the West's nascent ba
Indonesian thermal coal prices have been climbing by $2/t since late November in Chinese seaborne import market, spurred by buying demand from Chinese buyers, which could possibly be the last time of
China plans to merge the coal-fired power assets of its top five utility firms, cutting their combined coal-fired power capacity by up to a third by the end of 2021, according to a document seen by Re
Coking coal prices continued diverging in Chinese main production areas late last week, with premium coking coal grades further firming up while blending coking coal facing high likelihood of downward
Newcastle port saw its coal exports from the two key terminals – Carrington and Kooragang – to China slumped by 32.5% month on month in November, as China tightened its import restriction on coal to k
Diversified miner Glencore has reduced its 2019 production guidance by 5 million to 140 million, due to recent Colombian volume reductions as well as a safety stoppage in South Africa, showed an inves
The majority of participants in Chinese spot thermal coal market were on the sidelines late last week, waiting for a new direction as domestic 2020 long-term contract coal pricing approaches.
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