Chinese buyers increase Mongolian coking coal purchases after Australian coal ban

sxcoal.com Viewpoint,  Price,  Coking Coal 2020-10-16 17:28:37

Chinese steel mills and coking plants have stepped up purchases of Mongolian coking coal on the heels of customs restric......


For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 Weekly global coal market news summary (Nov 29-Dec 3) 2021-12-03

Indonesian thermal coal trades quiet as buying enthusiasm fades Indonesian thermal coal market saw an uneventful session at the beginning of this month with offers and bids largely unchanged

2 Weekly China coal market news summary (Nov 29-Dec 3) 2021-12-03

Chinese utilities slow coal purchases awaiting further market cues Chinese utilities have slackened spot coal purchases in the domestic market this week as they expected prices to fall back s

3 China's seaborne import coking coal market extends decline on weak purchases 2021-12-03

Chinese downstream users shunned procurement of seaborne coking coal on limited price advantage compared with domestic and imported Mongolian coking coal, further accelerating declines of seaborne pri

4 Is rising Omicron scare triggering fall in global thermal coal prices? 2021-12-03

The fluctuations in global thermal coal prices seem unlikely to lose momentum as these rates, which saw an average rise of $30/t till the last week, have corrected down by $40/t this week.

5 China Coal Daily Track (Dec 3) 2021-12-03

Thermal coal Production area Coal prices at major production areas stabilized temporarily, except for 20-60 yuan/t downward corrections by some miners in Shaanxi. Most mines with commitment to

6 China issues draft plan for long-term contract coal pricing mechanism 2021-12-03

The long-awaited coal pricing mechanism for 2022 long-term contracts has been unveiled, according to a draft plan issued at the National Coal Trade Fair held on December 3. The draft, mad

7 Rail capacity restraint puts S Africa's Oct coal exports well below year-ago level 2021-12-03

South Africa's coal exports fell again in October from a six-month high in the previous month and hit the lowest level for the same month since at least 2011, affected by restraints of railway capacit

8 Coal consumption in NE China lower than expected 2021-12-03

China has undergone four rounds of cold snaps since mid-October, bringing heavy gales and snowfalls in the northeast region, but its coal-burning for household heating seemed lower than expected.

9 China's Manzhouli to suspend customs clearance as infection escalates 2021-12-03

China's Manzhouli road border crossing is going to suspend on-site loading and unloading, transportation and customs clearance for imports, including coal and fine ore starting from December 3, accord

10 China thermal coal market in figures (Dec 3) 2021-12-03

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.

Most Read Articles

1 NDRC mulling new market pricing mechanism for coal 2021-11-29

China's top economic planner held a symposium recently with key coal and power enterprises discussing a way to improve the market pricing mechanism for coal, in a way to bring the prices back to a rea

2 Mongolian coal exports to be containerized, finance minister 2021-12-01

Coal exported from Mongolia to China will be fully containerized to comply with the requirement of the demand side, according to Mongolian finance minister B.Javkhlan. "We are meeting all

3 China's Manzhouli suspends coal imports on COVID-19 2021-12-01

China's largest land port Manzhouli, located in Inner Mongolia and bounded by Russia and Mongolia, temporarily banned imports of coal as well as some other products, as the recent cases of COVID-19 fo

4 China's coking coal prices have limited downside room as demand expected to pick up 2021-11-29

The downside space of coking coal prices in China may be limited, given the increasing likelihood of concentrated replenishment from coke producers after their feed coal stocks dropped to the lowest l

5 China's NDRC to start cost investigation on coal production and circulation 2021-11-30

The National Development and Reform Commission will accelerate the establishment of a coal production and circulation cost investigation system to provide support for further improving the coal market

6 China's Erenhot border crossing halts non-containerized coal imports via railway 2021-11-29

Erenhot border crossing in northern China's Inner Mongolia autonomous region announced to suspend non-containerized coal imports via railway from November 28 until further notice, as one of the measur

7 China's 5,000 Kcal coal edges down; sentiment sours amid policy uncertainty 2021-11-30

Offer prices for spot thermal coal were divided at northern transfer ports of China on November 30, with 5,000 Kcal/kg NAR thermal coal down slightly yet 5,500 Kcal/kg NAR coal range-bound, as supply

8 Indonesian coal prices flat as prompt cargoes hardly available 2021-11-29

Despite looming downward pressure as the Chinese government may further regulate domestic market, Indonesian thermal coal prices were largely unchanged at the beginning of this week, backed by limited

9 CISA denies rumors on heavy industries shut down during Olympics 2021-11-30

China Iron and Steel Association (CISA) has made it clear the news that heavy industries surrounding Beijing will be shut down during the Winter Olympics is not true. The rumor, which has

10 Gale-induced port halts boost coal stocks at QHD port 2021-11-29

Coal stocks at China's largest coal transfer port of Qinhuangdao climbed further to 5.62 million tonnes late last week as strong gales accompanied by the second cold wave forced port closure and thus