Weekly global coal market news summary (Oct 12-Oct 16)

sxcoal.com Policy,  Import & Export,  Production & Sales,  International 2020-10-16 14:50:35

Australian coal ban will have weaker impact on thermal coal than coking coal

The news has gone viral in the seaborne coal import market that some Chinese state-owned power and steel companies have been verbally...


N Queensland Sep coal export falls 2.28% on mth

Coal exports from three terminals of North Queensland in Australia fell slightly in September, showed the latest data from North Quee...


Tavan Tolgoi-Gashuunsukhait railway completes 208 km earthwork

The 208-kilometer-long earthwork has been completed recently for the initial section of railway from Mongolia's Tavan Tolgoi coal min...


Mongolia Jan-Sep coal exports reach nearly 20 Mt

Mongolia exported a total of 19.82 million tonnes of coal during January-September with export value hitting $1.48 billion, showed da...


Indonesia Sep coal exports slump 32.17% YoY

Indonesia exported a total 24.73 million tonnes of coal in September, slumping 32.17% from the same month a year ago, and inching dow...


Bayan Resources plans to increase coal production by nearly 20 Mtpa

Bayan Resources, a large coal miner in Indonesia, plans to increase coal production from 31.7 million tonnes in 2019 to 50 million to...


Vietnam to increase coal, natural gas imports amid tight domestic supply

Vietnam will substantially increase imports of primary energies such as coal and natural gas from now to 2030 to meet development nee...


Vietnam Sep coal import hits 7-mth low

Vietnam's coal import hit a seven-month low in September with 3.88 million tonnes, rising 27.96% from a year ago but falling 24.34% f...


Japan's power giant to close all inefficient coal power plants by 2030

JERA, Japan's largest power producer, will close all of its inefficient coal-fired power plants in Japan by 2030, said the company la...


Japan's trading firm Mitsui & Co to sell all stakes in coal-fired power plants by 2030

Japan's trading company Mitsui & Co., Ltd. plans to sell its remaining stakes in coal-fired power plants by the end of 2030, acco...


Indian state-run ports Sep coal imports at 5-mth high

India's coal imports from 12 state-run ports hit a five-month high in September, yet were still lower compared with the year-ago leve...


U.S. miners try to pull out of thermal coal business

U.S. miners are trying to move away from thermal coal to metallurgical coal businesses, as power utilities are burning less of the po...


S Korea's coal consumption in power sector down 7% on yr in 2019

South Korea's coal consumption for power generation dipped 7% year on year in 2019 due to its CO2 emission reduction efforts, a repor...

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

Share this article
Connect with us

Editors Recommendations

1 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

2 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

3 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

4 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

5 Chinese coal mines' cost curve and profitability analysis in Sep 2020-10-22

Profitability of Chinese coal mines in September improved from a month ago, showed monitoring data from industry portal sxcoal.com on major thermal and coking coal mining areas in major production pro

6 Pingdingshan Tianan Coal's 3Qs net profit grows 17.55% YoY 2020-10-22

Pingdingshan Tian'an Coal Mining Co., Ltd., a listed firm under China Pingmei Shenma Group, saw its net profit grow 17.55% year on year to 1.04 billion yuan ($159.6 million) in the first three quarter

7 China's natural gas prices less likely to rise rapidly this winter, analysts 2020-10-22

Natural gas prices in China are expected not to increase sharply this winter, as the supply is quite loose at home and broad, market analysts said. Affected by the virus pandemic, spot li

8 China Coal Daily Track (Oct 21) 2020-10-21

Thermal coal Production area Coal prices are oscillating slightly by 1-4 yuan/t in Yulin, Shaanxi province. The market has gradually leveled out from previous quick and consecutive rise.

9 Indonesian thermal coal prices keep stable despite scarce trading 2020-10-21

Indonesian thermal coal prices were broadly unchanged in the Chinese seaborne import market, despite a lack of trades amid exhausting import quotas, but overall market sentiment remained bullish, trad

10 China's spot thermal coal market extends weakness; selloffs emerge 2020-10-21

Chinese spot thermal coal market extended weakness amidslack demand from end users. Some power plants made tentative low bids for spot cargoes, leading to selloff activity among a small number of pess

Most Read Articles

1 NE China provinces issue additional import quotas to ensure coal supply in winter 2020-10-16

Northeastern China's Jilin and Heilongjiang provinces granted additional coal import quotas to local power plants and heat suppliers in a bid to ensure sufficient coal supply for the winter heating pe

2 Chinese buyers increase Mongolian coking coal purchases after Australian coal ban 2020-10-16

Chinese steel mills and coking plants have stepped up purchases of Mongolian coking coal on the heels of customs restriction on Australian shipments, sources said. Shipments of Mongolian

3 China's seaborne thermal coal market clouded by policy uncertainty 2020-10-16

Chinese seaborne import thermal coal market was still clouded by policy uncertainty late this week, as participants tended not to take positions temporarily amid expectations of more similar moves by

4 China formulates new steel scarp standards to ease over-dependency on iron ore 2020-10-16

China is formulating new standards for steel scrap, which is on track to be published at the end of 2020, as part of a drive to alleviate iron ore imports, Xinhua news agency reported. Th

5 China's NDRC urges sufficient coal supply to NE provinces 2020-10-20

China's top economic planner called for sufficient coal supply to northeastern provinces to ensure energy security during the winter heating period. The directive was given at a recent me

6 Russia Aug coal exports rise 13.13% on mth 2020-10-16

Russian coal exports in August increased by 13.13% from the previous month to 16.51 million tonnes but fell 7.13% year on year, according to the Federation Customs Service of Russia.

7 China's thermal coal prices move sideways with downward bias 2020-10-16

Prices of spot thermal coal moved sideways at China's northern transfer ports, where most buyers kept on the sidelines for further market developments. The spot market has flatlined for n

8 China met coke market sees fifth 50 yuan/t price hike kick in 2020-10-16

Several metallurgical coke producers in Shanxi decided to raise prices by another 50 yuan/t, less than a week after the fourth round of price increase materialized. One Jiexiu-based coke

9 Indonesian thermal coal prices edge higher on solid demand 2020-10-19

Indonesian thermal coal prices continued to rise on the back of solid demand from Chinese buyers, despite the ongoing uncertainty of customs clearing, sources said on October 19. Offer pr

10 Weekly China thermal coal market analysis and forecast 2020-10-19

China's domestic thermal coal market stabilized last week, ending a rally lasting from early September, as supply started to grow and demand retreated. While the government didn't explicitly issue any