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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
China's metallurgical coke prices are likely to head to a new high this week, despite a growing price tussle between coke producers and steel mills.
Some coke producers in Shanxi and Hebe
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
Thermal coal
Production area
Thermal coal prices showed signs of decline at main production areas. Impacted by downside at major transfer ports, some coal mines in northern Shanxi and
Coal stockpiles at China's major trading port Qinhuangdao remained below 5 million tonnes, a level that has been maintained for months, despite increased inflows from northern production areas.
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India is considering sourcing coking coal from Mongolia for domestic steel companies, a government official said on January 19, media reported.
During an online meeting between India's st
China didn't let any coal cargoes from Australia pass the customs clearance in December, whereas imports from other major sources like Indonesia and Russia increased sharply, according to data from th
Australia, a leading metallurgical coal supplier, is likely to face tougher time as its top two importers – India and China – are both looking to diversify source markets amid rising concerns over sup
China added about 56.37 GW of coal-fired power generation capacity in 2020, rising 27.4% compared with a year ago, showed data from the National Energy Administration.
However, the growth
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
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
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
Declines accelerated in the Chinese domestic thermal coal market as end buyers pull backed and waited on the fence for clarity of further market developments.
In the following 10 days (Ja
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
China Baowu Steel Group, the world's leading steel producer, said it will strive to reach peak carbon emission by 2023 during a cadre conference held January 20, marking it the first major company to
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