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Chinese seaborne thermal coal market saw an uneventful trading day ahead of the National Day holiday starting October 1, with dull trade flows and largely stable offers and bids, traders said on Septe
Thermal coal
Production area The market in main production areas has continued to rise recently. Control of production quotas,
and environmental, safety inspections have affected production.
China's spot thermal coal market may face uncertainties in October, with direction possibly affected by potential increase of output in Ordos and other areas in Inner Mongolia.
Several In
Despite a weaker-than-expected
steel market, Chinese steelmakers accepted two rounds of coke price rise in
September. Strong steel production, pushed by sustained demand from
construction and manuf
Weeks of price rises in Australian metallurgical coal have narrowed its spread with Chinese similar coal grade to a multi-month low, which, coupled with growing pre-holiday wait-and-see mood, is deter
Coking coal prices continued picking up at China's most production areas in September, thanks to improved supply-demand fundamentals alongside coke producers' robust restocking after rounds of coke pr
China's top coal mining group China Energy Investment Group (CHN Energy) will change its pricing frequency for thermal coal long-term contract shipments from monthly to weekly, effective from October,
Chinese inquiries for Australian and Indonesian thermal coal cargoes with November and December laycans remained strong, albeit concerns of sustained import curbs later this year, traders said on Sept
Chinese spot thermal coal market started this week with a quiet note, as traders and end buyers avoided taking positions before the National Day holiday in case of trend reversals.
While
Thermal coal
Production area The market in major production areas moved sideways. In Inner Mongolia, supply remained tight as more mines halted operation due to the exhaustion of production qu
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China imported 8.17 million tonnes of thermal coal (including bituminous and sub-bituminous coal but excluding lignite) in August, falling by 6.11 million tonnes or 42.79% on a yearly basis and down b
China's coking coal imports in August fell 20.9% from the year-ago level, according to General Administration of Customs (GAC).
The import of coking coal totaled 7.17 million tonnes in Au
China's coking coal imports from Mongolia surged 39.6% month on month to 3.07 million tonnes in August, exceeding 3.02 million tonnes of intakes of Australian coking coal, showed data from China's Gen
Thermal coal prices have kept going upward since September in China's major production provinces, especially in Shaanxi province, where some coal grades saw the increase reach as much as 45 yuan/t.
Chinese thermal coal prices jumped to a new high on September 25 with the benchmark 5,500 Kcal/kg NAR prices hitting 600 yuan/t FOB at northern ports, buoyed by active trading amid concerns of supply
Chinese state-owned utility Huaneng Group, was reportedly has cancelled as many as 16 cargoes of seaborne thermal coal arriving in November and December for its power plants in Shanghai, as local cust
Major thermal coal consumer India has showed improving buying appetite for imported coal following previous low ebbs alongside post-monsoon resumption of industrial activities.
Lockdown m
Northeast China region may face coal shortage again this winter and next spring, with a supply gap preliminarily estimated at 37 million tonnes in the lengthy winter heating season, according to a sen
Fitch Solutions has revised down 2020 thermal coal price forecast from the previous US$65/t to US$55/t, primarily taking account of the slack demand for thermal coal at Newcastle port while the relati
Chinese portside traders are quickening thermal coal sales lately to clear stocks ahead of the National Day holiday, for fear of risks of possible price volatility or government intervention after the
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