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Indonesian spot thermal coal market has been in a stand-off for days as the gap between offers and bids kept large, suggesting a divergence over the market outlook between sellers and buyers.
China's domestic spot thermal coal market saw another day of retreat on January 27, with offers falling at a faster pace from a day earlier, but traders reckoned the downward space could be limited as
State Grid Corp of China, which runs the majority of China's electricity distribution networks, expected power consumption in its grid-covered areas to soar about 20% in the first quarter this year.
China's thermal power generation in December totaled 564.7 TWh, up 9.2% from a year earlier, with the rise expanding 2.6 percentage points compared with November, showed data from the National Bureau
Decline of Spot thermal coal prices narrowed at China's northern key trading ports, as traders reduced purchases from northern production areas, leading to limited availability of spot cargoes. Sentim
China's coal imports in 2020 rose to the highest since 2014 even though import restrictions were further tightened. China imported a total 303.99 million tonnes of coal last year, a rise of 1.5% year
Higher concentration of raw coal production in China is likely to increase the volatility of coal prices in winter over the next few years, with uncertainties from logistics capacity to fulfill higher
For the first time in history, the proportion of China's coal-fired power installed capacity has fallen below 50% in 2020, marking a solid step towards its commitment of "carbon neutrality" in 2060. &
After rising for more than two months, thermal coal prices started falling at key northern production areas in China late last week. It was a slow response to the decline at northern transfer ports em
China's domestic thermal coal plunged sharply last week, with the decline almost wiping out the rise a week earlier, as buying interest withdrew along with rising temperature. Coal prices may continue
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Coal transport from Mongolia to China is expected to further increase in a couple of years as the two governments are accelerating railway construction on the border.
Railway connecting M
Mongolia's coal output fell visibly last year as exports towards its largest buyer China got subdued by border cut-offs and other measures to tackle the coronavirus pandemic.
The landlock
For the first time in history, the proportion of China's coal-fired power installed capacity has fallen below 50% in 2020, marking a solid step towards its commitment of "carbon neutrality" in 2060. &
China's domestic spot thermal coal prices continued pulling back at northern trading ports, as the worst period for winter heating has come to an end. Coastal power plants took a break of spot purchas
Indonesian spot thermal coal prices saw a tranquil session on January 21 with offer prices somewhat retreating from the last few days' gains, as Chinese demand declined.
Offers of Indones
Outlook for the near-term met coke price trend were divided in Chinese metallurgical coke market on January 22, after prices of the steel-making material reached a new high in the middle of this week.
China imported a total of 124.55 million tonnes of thermal coal (including bituminous and sub-bituminous coals but excluding lignite) in 2020, climbing 7.90% year on year, showed the latest data from
Thermal coal
Production area
Thermal coal market at main production areas stayed red-hot, with buys from power, chemical and cement plants resilient and coal delivery to railway stations
Mongolia coal
output falls 20.3% on yr in 2020, exports down 21.7%
Mongolia's coal output fell visibly last
year as exports towards its largest buyer China got subdued by border cut-offs
and
China's Dec
coal output up 3.2% on yr, but helps little to shortage
China's coal output in December kept
growing for the sixth month in a row and remained above year-ago level, but
still insu
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