Weekly global coal market news summary (Oct 26-Oct 30)

sxcoal.com General,  International,  Thermal Coal,  Coking Coal 2020-10-30 17:10:29

Indonesian low-CV coal further loses strength after 4-session plateau

CFR China price of Indonesian low-calorific value thermal coal further lost strength after holding steady for four sessions, as buyin...

 

Is surge of Mongolia's thermal coal exports to China accidental or sustainable?

China's thermal coal imports from Mongolia hit a five-year high in September, official data showed. Despite still lagging behind seve...

 

Mongolia hard to fully replace Australia in coking coal exp to China, but growth may continue

Mongolia overtook Australia as China's top coking coal supplier in September, with shipments to China further expanding compared with...

 

Indian power utilities' thermal coal imports rebound 20.78% MoM in Sep

Indian power generators imported 4.03 million tonnes of thermal coal in September, up 20.78% from August but down 22.87% from the sam...

 

Japan's carbon neutral target to hit Australia's coal and natural gas exports

Japan's target of carbon neutral or net zero greenhouse gas emissions will pose a big challenge for Australian coal and natural gas p...

 

Japan Sep coking coal imports drop; intakes from Australia pick up

Japan's coking coal imports continued to decline in September, with the shipment hitting the lowest in the past five years for the sa...

 

Teck Resources Q3 profit slumps 66.6% YoY

Canadian miner Teck Resources Ltd. reported its earnings slumped in the third quarter compared with a year ago, impacted by declining...

 

Coal India's coal supply to non-power sector surges 480% in H1 of FY21

Coal India Ltd. (CIL) has allocated 13.44 million tonnes of coal to non-power sector during the first half (April-September) of the f...

 

India's coal imports rise 11.6% on yr in Sep

Indian coal imports rose by 11.6% year on year to 19.04 million tonnes in September, owing to a recovery in thermal power generation ...

 

Mongolian coking coal supply via Ganqimaodu declines amid sandstorm

The number of trucks loaded with Mongolian coking coal arriving China through Ganqimaodu border crossing has nearly halved in recent ...

 

Colombia's Prodeco workers ask to restart the mine

Workers for Colombia's coal miner Prodeco and residents of the Cesar asked the company to resume operation from early-November. ...

 

Colombia's coal output to fall 28.4% over the next decade

Colombia's coal output is expected to fall by 28.4% over the next decade, according to government predictions, but the rising price f...


(Writing by Emma Yang  Editing by Tammy Yang)
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1 Indonesian thermal coal keeps strength on strong fundamentals 2020-12-03

Indonesian thermal coal prices drifted higher on December 3 in the Chinese seaborne import market with sources citing solid supply-demand fundamentals. Offer prices of Indonesian Supramax

2 China's thermal coal buying lulls on wait-and-see sentiment 2020-12-03

Buying interest lulled in Chinese spot thermal coal market as wait-and-see sentiment grew thicker after prices jumped to a 20-month high since mid-March 2019. The procurement pause is not

3 China's seaborne met coal sees weakening price edge after rises 2020-12-03

China's seaborne metallurgical coal, mainly supplied by Canada and US, saw price advantage narrowing after a flurry of hikes supported by sizzling buying appetite from end users and domestic shortage.

4 China Nov coke market: prices rise for two rounds amid tight supply 2020-12-03

Chinese metallurgical coke market extended the growth with another two rounds of rise in November, adding up to seven rounds in a row since early August, due to a combination of supply tightness and s

5 Coal inventory stays low at Yangtze River ports; outlook bullish 2020-12-03

Thermal coal stockpiles continued drifting lower at ports along the Yangtze River, as northern ports haven long failed to build up inventory amid short supply at main production provinces and this kep

6 Indonesian thermal coal prices in rising streak on solid demand 2020-12-02

Spot prices of Indonesian thermal coal continued to go upward in the Chinese seaborne import market as buyers kept the high buying enthusiasm to expand their inventories. Fenwei CCI 3800

7 China sees massive coking coal price hikes on shortfall 2020-12-02

China registered broad price hikes of coking coal in main production provinces in early December, indicating the lingering firm strength in the short run following rounds of upward adjustments in Nove

8 Chinese suppliers lift spot thermal coal prices rapidly amid bullish futures 2020-12-02

Chinese portside suppliers have been rapidly lifting offers for spot thermal coal in recent days, inspired by outlook of lingering supply shortage and jumping futures prices. Main January

9 China Nov coking coal market: supply shortage bolstering coal prices 2020-12-02

China's coking coal market further firmed up in November, as supply shortage amid frequent safety inspections continued to shore up market sentiment and fuel restocking interest from coke producers.

10 Canada's Teck to boost coking coal sales to China 2020-12-02

Canadian coking coal miner Teck Resources looks to boost its coal sales to China for the fourth quarter in response to increased demand, after the world's largest coal producer imposed an unofficial e

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2 China's premium coking coal jumps to 8-mth-plus high 2020-11-30

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5 Chinese suppliers lift spot thermal coal prices rapidly amid bullish futures 2020-12-02

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6 Chinese met coke prices continue rising on tight supply 2020-11-30

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7 China's spot thermal coal extends resilience on short supply 2020-11-30

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8 Japan Oct coking coal imports slightly up; cargoes from Australia further increase 2020-11-30

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Spot prices of Indonesian thermal coal continued to go upward in the Chinese seaborne import market as buyers kept the high buying enthusiasm to expand their inventories. Fenwei CCI 3800