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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.
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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
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
China's domestic thermal coal market remained on the downside in the first week after the Lunar New Year holiday, as demand was weak and may not improve notably until March. Trading activities remaine
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
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
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China's central government unveiled the result of coal consumption reduction work in 2019, putting pressures on local governments to further cut or replace use of the dirty fossil fuel in a bid to rea
Indonesian thermal coal prices got some support from growing buying interest in India, while Chinese buyers are trying to press down prices as industrial demand hasn't yet fully recovered from the Lun
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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
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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.
China's domestic thermal coal market remained inactive on the first working day after the week-long Lunar New Year holiday with few trades heard concluded at northern ports and offers/bids still falli
Mongolian coking coal prices continued decreasing at Ganqimaodu border crossing in China, partly due to a quick increase in supply as a result of strict checks on coal storage that has led some owners
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
Electricity load and consumption of China Southern Power Grid both reached record highs during this Spring Festival holiday (February 11-17), the company reported.
The maximum power load
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
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