Weekly global coal market news summary (Nov 16-Nov 20)

sxcoal.com General 2020-11-20 15:02:01

Indonesian thermal coal prices climb after new quotas grant to coastal provinces

Indonesian thermal coal prices edged up in the Chinese seaborne import market on news that some coastal provinces had received new im...


Indonesia Oct coal exports hit 6-mth high

Indonesia exported a total 28.02 million tonnes of coal in October, slumping 30.47% from the same month a year ago, but rising 14.67%...


Indonesian Bukit Asam Q3 coal output down 15.9% YoY; lowers guidance

Indonesian state-controlled coal producer Bukit Asam saw its coal production drop 15.9% on the year but rise 15.6% from the second qu...


Mongolian coal shipment to China drops on environmental check, not COVID-19

Mongolian coal shipments to China declined recently, mainly affected by China's air pollution control measures at border crossings in...


Mongolia's coal exports fall to 24 Mt in Jan-Oct

Mongolia exported 23.86 million tonnes of coal in January-October period, falling 26.19% year on year, with total value of $1.77 bill...


Russia plans to reduce Dec coal export quotas to Far East region

Russia's Industry and Energy Ministry plans to reduce December coal export quotas from Kuzbass to Far Eastern ports and China-Russia ...


Russia Sep coal exports rise to a 1-1/2-yr high

Russian coal exports in September increased by 18.7% from August to 22.17 million tonnes, hitting a 1-1/2-year high since April, 20...

S Korea Oct thermal coal import falls to 7-mth low

South Korea's imports of thermal coal (bituminous and sub-bituminous coals) fell to the lowest since April, as gas sales to the power...


Japan Oct coal imports down 5.7% YoY, preliminary data

Japan imported 14.70 million tonnes of coal in October, falling 5.7% from the year-ago level, showed preliminary data from Japan's Mi...


Newcastle coal terminal recovering after 'abnormal' storm

Workers are still dealing with the trail of destruction at Newcastle Coal Infrastructure Group (NCIG) terminal, after a severe thunde...


Australian met coal exports not falling drastically despite China's absence

Australia didn't suffer a decline as drastic as expected in export of metallurgical coal in recent months in spite of the gradual abs...


Australian coal ships stranded at China's N port awaiting customs clearance

At least 20 giant bulk carriers have been stranded at the Chinese port of Jingtang with million tonnes of Australian coal unable to b...


Vietnam Oct coal import down 4.07% on mth

Vietnam's coal import hit an eight-month low in October with 3.72 million tonnes, falling 11.87% from a year ago and 4.07% from Septe...


S Africa's Sep thermal coal exports hit 8-mth high

South Africa's thermal coal (bituminous coal) exports in September rebounded from falling for third straight month and hit a new high...


Canada's Alberta raw coal output falls to more than 12-yr low in Sep

Raw coal production in Alberta, Canada, fell to a more than 12-year low in September, at 1.4 million tonnes, plunging 41.11% year on ...


Colombian Cerrejon asks arbitration to end the strike

Colombia's Cerrejon requested the Labor Ministry to convene arbitral court to settle its dispute with the largest union Sintracarbon ...


(Writing by Emma Yang  Editing by Tammy Yang)
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1 US coal output slides 5.2% WoW in the 4th week of Nov 2020-12-04

US coal production was estimated at 10.58 million short tons (9.59 million tonnes) over the week ending November 28, falling 5.2% from the previous week and down 10.7% from the same period last year,

2 China's thermal coal indexes halt updating amid market overheating 2020-12-04

Several coal price institutions announced to halt updating their daily indexes of spot thermal coal as the market has been rising too wildly this week. On December 3, CCI Index Team of sx

3 Vale to build 7.66-GW solar power plant 2020-12-04

The world's largest iron ore mining group Vale plans to build a 7.66 GW solar power plant in southeastern Brazil's Minas Gerais state, said the company this week. Vale will funnel $500 mi

4 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

5 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

6 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.

7 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

8 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

9 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

10 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

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1 China begins to speed up customs clearing for import coal stockpiles at ports 2020-12-01

China is accelerating the clearing progress for seaborne import coal stockpiled at ports after a meeting held by the General Administration of Customs (GAC) on November 30, said sources familiar with

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

China's low-sulfur primary coking coal, a premium material for coke making, ticked up to an eight-month-plus high, amid acute supply crunch caused by rising safety pressure and end users' strong resto

3 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

4 China's coal market to stay in a tight balance in 2021, CNCA 2020-12-02

Chinese coal market is expected to stay in a tight balance in 2021, with stronger demand driven by faster recovery of economic growth, said Zhang Hong, spokesman with China National Coal Association (

5 Australian thermal coal remains inaccessible to China 2020-11-30

Australian thermal coal was still unable to get access to China with several vessels at anchorage off coastal ports awaiting clearance, but it has found some supports somewhere else. Ther

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

Chinese spot thermal coal market extended resilient run at the beginning of this week, as coal supply remained capped by safety inspections and limited sales quotas, while end users maintained active

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

A group of metallurgical coke producers in northern and eastern China proposed to raise coke prices by 50 yuan/t at the start of this week amid tight supply, marking the eighth round of uptick, which

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

Japan's coking coal imports inched up in October and hit the highest since May this year, official data showed. The country took 4.95 million tonnes of the steel-making coal last month, r

9 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

10 Weekly China thermal coal market analysis and forecast 2020-11-30

China's domestic thermal coal prices jumped to a new high since early March 2019, fueled by demand from power plants in the southern and eastern coastal regions where a cold snap lowered temperatures