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Market talk that China would work on a "concentrated" expansion of coal production capacity in the key producing hub of Ordos, Inner Mongolia has fueled further bearishness in the domestic thermal coa
Thermal coal
Production area Thermal coal prices generally stayed stable at main production hubs, except some miners' price cuts in Yulin of Shaanxi following the government's criticism over it
Hubei province, a province suffers the worst coal shortage in central China, plans to build coal storage capacity up to 16 million tonnes by 2025 to ensure supply, according to a provincial energy dev
China's metallurgical coke prices remained under downside risks as some steel mills may continue to cut coke prices in response to thin profit margins.
Some steelmakers in Shanxi, Hebei a
Indian government announced the removal of import duty on coking coal and coke on May 21. While this move was welcomed by Indian steel manufacturers who are reeling under stress of elevated raw materi
China's anthracite market was resilient last week, with lump anthracite prices having rises amid active purchases.
Downstream buyers like chemical, construction materials and cement plant
China's coking coal imports posted both year-on-year and month-on-month rises in April, while average import prices rebounded. Russia remains the largest coking coal supplier to China in the month, wh
A train loaded with 3,392 tonnes of coal produced by Tianchi Energy of TBEA Co., Ltd in Xinjiang autonomous region entered Ningxia Hui autonomous region on May 16. The coal was delivered to CHN Ningxi
Last week, global thermal coal prices continued their upward trend for the third consecutive week, mainly due to the continued tightening of supply from Australia, South Africa and other countries, co
China's thermal coal imports increased for the second consecutive month in April, but remained significantly lower than the same month since at least 2012, customs data showed.
Chin
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Australia exported 12.45 million tonnes of coking coal in April, down 5% from the previous month, according to the latest Kpler's cargo-tracking data.
Australia mainly exported coal throu
China's domestic thermal coal prices rose modestly on May 18 on expectations that easing COVID restriction will push up demand and coastal power plants need to restock for the summer.
Pre
A Chinese state-owned power producer awarded several Russian thermal coal cargoes in its latest tender issued on May 16 at prices lower than Indonesian comparable goods, sources said, which may dent t
More than 500 workers have been on strike for a week at a coal mine in Mozambique owned by a branch of an Indian group, Reuters quoted the company as saying on May 17, which dented coal production at
China's coking coal prices showed signs of bottoming out in the middle of this week, with online auctions fetching higher prices thanks to the growing buying appetite from traders and coking plants.
Global thermal coal prices continued rising last week as supply issues in some major exporting countries remained prominent in addition to active procurement of Europe and South Korea.
Da
Thermal coal shipments were dented from northern China ports to those in the south and along the Yangtze River, where relatively high stockpiles are squeezing storage room for new arrivals, market sou
India's federal power ministry allows power companies to import as much as 30% of the country's coal requirement throughout the fiscal until March 2023 as part of a drive to ease its supply shortage.
Trading activity for Indonesian thermal coal was under pressure as elevated ocean freight rates weighed on buying interest.
From South Kalimantan to Krishnapatnam port on the east coast o
Japan imported 13.45 million tonnes of coal in April, up 1.6% year on year, preliminary data from the Ministry of Finance showed on May 19.
The imports were worth 461.46 billion yen ($552
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