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China's spot thermal coal prices showed signs of stabilizing on April 22 following a week-long rise, as buyers held off purchasing for further clarity of the market direction.
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China may continue to bypass Australia and source coking coal from other countries amid a rising trade tensions after Australia's decision to cancel two Belt and Road agreements signed in 2018 and 201
Indonesian thermal coal prices have reached a new high in the past 22 months at least, as buying interest from China is staying strong for the coming summer peak demand in anticipation of tight supply
Mongolia's state-owned coal producer Erdenes Tavan Tolgoi JSC (ETT) is moving to raise 2 trillion tugriks ($700 million) through a bond issue as it attempts to strengthen infrastructure to raise coal
China's coal imports rose for the second month in March and surged more than 30% compared with February, yet were still lower than the year-ago level. Canada overtaken Russia to become the second larg
Pingdingshan Tian'an Coal Co., Ltd. extracted 7.83 million tonnes of raw coal in the first quarter, an increase of 3% on the year, the company reported on April 21.
Commercial coal sales
While expanding power generation capacity from new energy, China will also accelerate its energy storage development to help realize its carbon reduction pledge.
China temporarily targets
Photovoltaic power generation will account for up to 76% in the global power supply mix within 30 years, replacing thermal power to become a dominant power source, reported Photovoltaic Magazine, citi
BHP, the world's largest listed miner, saw a 4% growth in its iron ore production in the first nine months of this fiscal year ended March 2021 to 188.3 million tonnes.
Though effected by
Clean utilization projects of coal as well as other fossil fuels will no longer be included into the latest edition of green bond catalogue, replacing a previous one published in 2015, the central ban
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China's top economic planner asked domestic power plants to strictly implement the minimum coal inventory system, ensuring their stockpiles enough to cover more than 20 days of use in off-peak seasons
Sustaining supply tightness continued pushing up prices of premium coking coal at China's major production areas, hitting a 22-month high, the latest Fenwei CCI index showed.
On April 21,
Russia exported 2.38 milion tonnes of coking coal in February, rising 27.76% compared with a year ago and shooting up 91.29% month on month, according to data from the Federal Customs Service of Russi
Sentiment slightly dipped in the Chinese spot thermal coal market with offers on April 21 almost unchanged compared with a day ago, snapping a weeklong rise of about 10 yuan/t each day, as buying inte
Spot thermal coal prices surpassed 800 yuan/t at China's northern transfer ports, propelled by growing demand from coastal utilities and sustained supply tightness, according to traders on April 19.
Indonesian thermal coal prices continued to draw strength from Chinese utilities as their coal stocks have been running low and not enough to meet consumption in the summer peaking period.
Decline of domestic supply amid a raft of safety checks at major production areas and still weak imports are likely to keep coking coal prices buoyant in China.
Fenwei CCI Index for Shanx
China's domestic thermal coal prices bounced back last week on concerns of tight supply caused by reinforced safety inspections after recent three mining accidents, despite the central government's in
Mongolian government plans to start the technical and economic feasibility study and blueprint for a logistics center for coal loading in Tavantolgoi coal deposits as well as the construction of the c
China's thermal coal (including bituminous and sub-bituminous coal, but excluding lignite) imports slumped 30.63% or 12.43 million tonnes year on year to 28.15 million tonnes in the first quarter of 2
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