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China hopes Australia can do more to boost mutual trust and cooperation, said an official with the commerce ministry. This is the latest statement from Beijing on the coal trading deadlock with Canber
Coal stockpiles at the major trading port of Qinhuangdao in northern China have recovered to above 6 million tonnes for the first time in over half a year, due to accelerated inbound arrivals vis-a-vi
Emerging demand for spot thermal coal, most of which came from cement producers, at China's northern major trading ports helped slow the decline in prices, fueling expectations of a pickup in March.
Chinese domestic coking coal prices dropped further at wider production areas, with premium, gas and lean coal showing around 30 yuan/t decline in Shanxi recently.
The decline came along
Indonesian thermal coal market witnessed a thinly traded session on February 24, as demand was curbed by a surge in freight rates for Supramax and Panamax vessels, according to traders.
A
Tangshan, China's top steelmaking hub in Hebei province, issued an orange-coded alert forcing local steel mills to cut production in response to expected heavy air pollution, according to a government
Trading activities remained weak in the Chinese domestic thermal coal market as most coastal utilities were not ready to start restocking, though inquiries were rising from end buyers.
Of
Chinese coking coal miners were increasingly bearish over the near-term price trend, as coke prices started to decline this week and demand for feed coal dropped at both coking plants and steel mills.
A new coal power pricing mechanism took effective in China from January 1, 2020 in place of the previous benchmark coal tariff, which has been used since 2004.
However, after being implem
China Three Gorges Corp. has reached an agreement to buy operational wind and solar farms in Spain with a combined capacity over 400 MW.
The renewable portfolio includes 11 winds farms an
Most Read Articles
1
posts 2021-02-22
Shanxi Jincheng Steel proposed February 20 to
cut buy price of Quansi Grade I wet-quenching coke (moisture≤8%, ash≤13%, S≤0.7%) by 100 yuan/t to 2,550
yuan/t on weak profit.
2
posts 2021-02-22
In the week ended Feb 19, Newcastle thermal
coal price stood at $85.79/t, down 2.95% WoW; S African Richards Bay thermal
coal price at $89.88/t, down 0.43% WoW; price at European ARA ports (Amsterda
On February 18, the vessel "Genco Titus" carrying South African coal was discharged at Fangcheng port in southwestern China's Guangxi province. Upon the clearance, the imported coal would be delivered
Driven by a sharp rise in global bulk shipping market on the back of a spike in grain loading out of east coast South America, many ship owners with operations at both domestic and international marke
Indonesian spot thermal coal prices kept largely stable at the beginning of this week compared with late last week, as a spike in global vessel shipping rates hampered buyers' appetite, which is just
Chinese coking coal miners were increasingly bearish over the near-term price trend, as coke prices started to decline this week and demand for feed coal dropped at both coking plants and steel mills.
Thermal coal stockpiles are increasing dramatically at northern transshipment ports of China, as downstream buyers are not ready to boost restocking given current low consumption and high stocks at ut
Indonesia is planning to remove royalty payments for coal used in domestic downstream sectors in an effort to push its coal processing industries to develop, according to a report by Reuters on Februa
Indonesian coal exports maintained at high level in January 2021 after a spike in December 2020, mainly owing to large demand from China.
Indonesia exported a total 36.7 million tonnes of
South Korea's imports of thermal coal in January (bituminous and sub-bituminous coals) slumped to a 6-year low since January 2015.
The country imported 5.34 million tonnes of thermal coal
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