Weekly global coal market news summary (Sep 14-Sep 18)

sxcoal.com Thermal Coal,  Coking Coal 2020-09-18 15:31:20

China, Mongolia to build three more cross-border rail lines

The governments of China and Mongolia will work to build three more cross-border rail lines, in an effort to expand Mongolia's export...

 

North Queensland Aug coal exports rebound from 1-1/2 yr low

Coal exports from three terminals of North Queensland in Australia were back above 10 million tonnes in August after hitting the 18-m...

 

Bullish sentiment persists in seaborne thermal coal market

After a flurry of trades this week, sentiment kept bullish in the Chinese seaborne import thermal coal market, stoking prices to furt...

 

Vietnam's Jan-Aug coal exports slump 30.28% on yr

Vietnam exported 472,000 tonnes of coal in first eight months this year, slumping 30.28% from the same period of 2019, showed the pre...

 

Vietnam Aug coal import rises 16.6% on mth

Vietnam's coal imports reversed a two-month decline in August, rising 16.6% from July to 5.13 million tonnes, showed preliminary data...

 

S Korea Aug thermal coal import falls 18.42% on yr

South Korea's imports of thermal coal (bituminous and sub-bituminous coals) fell 18.42% from the year-ago level and 13.6% from July t...

 

S Korea Aug met coal imports dive over 40% YoY

South Korea's met coal (including coking coal and PCI coal) imports in August dropped noticeably from both a year ago and the precedi...

 

Canada's Alberta Jul raw coal output hits a new low

Coal production in Alberta, a coal-rich energy hub in Canada, fell to a trough since 2009 in July, showed data from the Alberta Energ...

 

Germany Jul hard coal import slumps 35.69% on yr

Germany imported 1.5 million tonnes of hard coal in July, falling 35.69% year on year and 4.53% month on month, according to prelimin...

 

Colombia's Q2 coal production nearly halves on yr

Coal-rich Colombia saw its coal production plunge 49% year on year to 9.7 million tonnes in second quarter of 2020, impacted by quara...

 

India's coal-fired power generation up 9.4% on recovering industrial activity

India's coal-fired power generation grew by 9.4% year on year in the first half of September, thanks to recovering industrial activit...

 

India's coal output down 10% in first 5 mths of FY21

India's coal production fell 9.9% from a year ago to 234.14 million tonnes during April-August, the first five months in the fiscal y...

 

India's Aug coal import plunges 34.9% on yr

India's coal import registered a deep fall of 34.9% from a year ago to 12.46 million tonnes in August of 2020, owing to sluggish dema...

 

Ukraine Jul coal output inches up 2.47% to 2.59 Mt

Ukraine's coal output increased 2.47% from the year-ago level to 2.59 million tonnes in July, showed the latest data from the country...

 

(Writing by Emma Yang  Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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1 Chinese demand for seaborne thermal coal pulls back amid bearish outlook 2020-10-23

Chinese buyers in the seaborne import thermal coal market retreated to the sidelines late the week, as they expected the market to come down in late October or early November paralleling with the down

2 China's 5,500 Kcal NAR coal snaps 5-session drops; demand emerges 2020-10-23

China's benchmark 5,500 Kcal/kg NAR thermal coal price stabilized late this week after five sessions of pullback from late last week, luring some buying appetite from end users. On Octobe

3 Shaanxi's Yulin thermal coal prices diverge 2020-10-23

Thermal coal price in Yulin, a major coal producing hub of Shaanxi province, diverged in different districts depending on sales conditions. Prices mainly picked up in Yuyang district while prices kept

4 Chinese coking coal mine stocks drop on robust buys, operation cuts 2020-10-23

Coking coal stockpiles further dropped at Chinese mines this week, extending a decline for nine weeks, as downstream coke producers continued building up inventory to meet production while some miners

5 China Coal Daily Track (Oct 23) 2020-10-23

Thermal coal Production area It is a mixed picture of supply situation in the northern production areas. In Shaanxi's Yulin, some coal mines stopped or cut production this week under the safety

6 Indonesian coal prices may top out as Chinese buying tapers 2020-10-22

Indonesian spot thermal coal prices have kept stable at a high level for days, sparking concerns of downward risk in the near term as Chinese buyers were cautious of taking positions at a time domesti

7 Thermal coal trade slows at N China ports on wait-and-see mood 2020-10-22

Thermal coal trades stayed low at northern China's transfer ports, given lingering wait-and-see sentiment among participants in anticipation of deeper price drops. End buyers are waiting

8 Mongolia replaces Australia as China's largest met coal supplier 2020-10-22

Mongolia is rising as a strong competitor to Australia in export of metallurgical coal to China in recent months, after China imposed strict restrictions on Australian coal amid souring relation betwe

9 Shandong has 40 rock burst coal mines, the most in China 2020-10-22

Shandong has 40 rock burst mines, the most among all Chinese provinces and regions, of which 20 have a mining depth deeper than 1,000 meters, according to a press conference held on October 21.

10 China Coal Daily Track (Oct 22) 2020-10-22

Thermal coal Production Coal prices kept rising but at a slower pace in Yulin, Shaanxi province. Most mines reported good sales and tight supply. A few mines lowered prices by 5-10 yuan/t due t

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