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Residents in China's top manufacturing city of Shenzhen were concerned over power supply shortage after seeing occasional night blackouts in some districts recently.
Shenzhen Power Supply
Guoneng Huanghua port saw its accumulative coal unloading volume reach 82.95 million tonnes and coal loading 84.14 million tonnes during January-May, both hitting the highest among other ports in Chin
Steel Authority of India Ltd (SAIL) is giving consideration to sign long-term coking coal contracts with Australia and Russia and discussion to increase coking coal supply from other sources such as t
China coking coal, met coke and steel market key figures in focus.
China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.
China's domestic thermal coal market kept the upswing on June 7 although many insiders were skeptical about the sustainability as buyers shunned high-priced cargoes.
During the ses
Thermal
coal prices rebounded 5-20 yuan/t at China's main production areas following
the pickup of spot prices at northern ports.
It was
learned that some traders in Shanxi
China's coking coal prices were largely unchanged on June 7, with a regional supply shrink outweighing the fact that demand did not experience a significant improvement despite the increase in steel p
Coal imports through India's 12 state-run ports hit a new high in May since April 2015, with year-on-year growth surpassing 25%, official data showed.
The 12 ports imported a total of 17.
China exported 36.67 million tonnes of steel products during January-May, surging 40.9% compared with the preceding year, according to data released by the General Administration of Customs on June 7.
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Indonesian and Australian thermal coal prices eventually bottomed out after weeks of falling in the wake of a rebound in China's domestic market, and a rise in natural gas prices also stoked the posit
Indonesian thermal coal prices moved lower to win over Chinese buyers from competition with Chinese domestic coal, whose prices have been falling rapidly in recent two weeks, traders noted.
Declines decelerated in China's spot thermal coal market after benchmark prices fell below the upper limit of medium- and long-term contract price range.
On June 2, benchmark 5,500 Kcal/k
Bangladesh's power situation may continue to deteriorate for another two weeks as local power plants face a shortage of fuel due to increased electricity consumption driven by rising temperatures, acc
China Energy Investment Corporation has started operations at Asia's largest coal plant-wise carbon capture and utilization storage (CCUS) project.
After days of running at full ca
Russia's coal production rose for the third consecutive month in April, according to data from the Russian Federal State Statistics Service.
The country's coal output reached 36.7 million
China's portside thermal coal prices rebounded earlier than expected at the start of the week, thanks to increased demand from utilities seeking prompt cargoes amid rising temperatures in the southern
Turkey Apr
coal imports fall to 11-mth low, yet up 17.7% YoY
Turkey's coal imports in April rose 17.74%
on the year but dropped 39.14% on the month, marking the lowest level since
June 2022,
Guangdong Electric Power Development Co., Ltd, one of the major power producers in China, said imported coal accounted for approximately 50% of its coal supply as of the end of April 2023.
Jinneng Holding Shanxi Electric Power Co., Ltd., a Shenzhen-listed power utility in Shanxi, said it may optimize the share of long-term contract coal as the spot prices continue to move down.
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