Editors Recommendations
Bullish sentiment in Chinese domestic spot thermal coal market began to waver after one state-owned power group reportedly asked its subsidiaries to rein in spot purchases.
Huaneng Group
Sentiment has softened in China's coking coal market after short-lived uptrend last week, impacted by slow restocking from coke plants due to coke price cuts.
Poorer sales caused stock ba
China's import coal market participants expected spot prices to further drift lower in the short run, some traders anticipated, which could defy expectations that prices may find a floor after droppin
Thermal coal
Production area Coal supply remained tight in Shaanxi and Inner Mongolia. While the number of trucks waiting outside mining fields fell slightly, the overall demand for slack coals
China's state-owned power giant Huaneng Group said in a notice issued on July 7 that it will tighten the screw on spot purchases of domestic thermal coal, given the benchmark price has been rising rap
Chinese thermal coal prices continued growing at a fast pace at northern transfer ports, as utilities are frequently issuing tenders for the summer peak demand period.
On July 7, offer pr
Chinese coke producers started to diminish coking coal procurement after several leading steelmakers lowered purchasing prices of coke, signaling an end of consecutive rises in the coke sector since e
Thermal coal of Indonesia, a major global supplier, seems to be losing its emerging Southeast Asia markets after top buyers China and India shifted to domestic supply amid Covid-19 pandemic woes.
Thermal
coal
Production
area Both supply and demand have improved in Inner
Mongolia and other key production areas since the start of this month
In Inner Mongolia, coa
China's power consumption is expected to reach 7.33-7.48 trillion kilowatt hour (KWh) in 2020, an increase of 1.5% to 3.5% from 2019's consumption, factoring in coronavirus, financial policies, the sw
Most Read Articles
The Indonesian government set its coal benchmark price (HBA) for July at $52.16/t, down from $52.98/t last month, the Energy and Mineral Resources Ministry said in a statement on July 3.
China's National Coal Mine Safety Administration warned of possible floods at coal mines alongside persistently strong rainfalls in South China and Southwest China.
Entering the rainy sea
Thermal coal prices moved up rapidly at northern Chinese ports late this week, on the back of revived market confidence for higher buying demand and tight supply.
Prevailing offers for 0.
Updates on coal stocks and consumption of China's six major coastal power groups are temporarily suspended, after China Huaneng Group, China Huadian Group and China Datang Corporation were said not to
Offer prices of Indonesian thermal coal prices nudged lower on July 3 in the Chinese seaborne import market due to the poor demand curbed by a lack of import quotas. Market participants surmised the d
China's coking coal prices are slowing down their rises as the sentiment sourced in the downstream coke sector, putting the lid on the raw material demand.
Coke producers and steel makers
China officially established the guideline on medium- and long-term electricity trading based a 2016 temporary version, to ensure the market can develop healthily free from too much government interve
Chinese domestic thermal coal prices may have limited uptick space in early July, as downstream buyers have sufficient stocks at present and are less likely to release much buying interest until consu
Thermal coal
Production area Large miners in Yulin of Shaanxi saw normal
production and sales and stable prices, while some small miners raised prices
by 5 yuan/t as output reduced amid maint
China's coastal coal shipping market spiraled down in June, as shipment demand still lacked support while shipping capacity was in surplus.
Utilities were prudent in spot coal purchase du
中文
