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Thermal
coal
Production
area In Ordos, a few miners that have completed
their annual production targets cut production. Coupled with some restocking
demand, local sales started improving an
Thermal coal prices slid down further at northern Chinese transfer ports on December 6, the very day the 2020 long-term contract negotiation conference concluded. Buyers withdrew from the market tempo
China's Dalian Commodity Exchange launched iron ore option contracts on December 9, media reports.
As the first industrial option for the DCE, the listing of iron ore option will further
Buying spree of import thermal coal slowed down from Chinese buyers late last week, which may lead to milder fluctuation of prices in the following days, trade sources said.
Although some
China saw a month-on-month surge of 44.9% in natural gas imports in November, touching a ten-month high, according to official data.
Data from the General Administration of Customs on Dec
China's coke exports slumped 63.09% from a year earlier in November, customs data showed, as major buyer Japan cut steel production for weak prices.
The country exported 323,000 tonnes of
China's coal imports plunged 19% in November from the previous month as tighter customs regulations curbed overseas shipments.
The world's top coal importer brought in 20.78 million tonne
Japan's top steelmaker Nippon Steel Corp may close more blast furnaces as part of plans to reduce domestic facilities to cut costs, said a senior executive, as falling demand and lower Asian steel pri
Disruption to shipping from the long-anticipated switch to more environmentally friendly marine fuels has finally arrived, exacerbated by logistical problems as much as any shortage of the cleaner fue
China has generally maintained long-term thermal coal prices at stable and reasonable level, with supply and demand in loose balance since this year, said the China National Coal Association.
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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
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
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
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
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.
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
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
Indonesian thermal coal suppliers gave offers in a wider range to Chinese buyers at the start of this week, suggesting different perceptions about the near-term market trend.
Offer prices
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