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Indonesian thermal coal prices dropped slightly in the Chinese seaborne import market on a lack of demand as high freight rates, due to a surge in freight rates for Supramax and Panamax vessels, are c
High shipping
cost hampers demand for Indonesian thermal coal
Indonesian thermal coal market witnessed a
thinly traded session on February 24, as demand was curbed by a surge in
freight rates
Coal in
China's energy mix drops to 57% in 2020, beating 13th Five-Year target
Coal consumption share in China's energy
mix declined from 60.4% in 2017 to 57% in 2020, according to a conferenc
Coal consumption share in China's energy mix declined from 60.4% in 2017 to 57% in 2020, according to a conference release on February 25, beating its target of 58% for the 13th Five-Year Plan period.
China's state council is urging local governments to strengthen grips on safety measures in the mining industry, according to a government notice issued on February 24.
The notice stresse
China will keep a firm grip on building new coal-fired power capacity as part of a drive to deepen its green energy transition, according to a document issued by the State Council.
But th
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
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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.
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
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
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
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 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
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 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
Indian power generators imported 3.87
million tonnes of thermal coal in January, slumping 30.9% from the previous
year and 5.15% from December 2020, falling for the third month in a row, showed
the
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
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