China's coking coal prices leveled off at main production areas, as most coke producers completed winter restocking and slowed down purchases approaching the Lunar New Year holiday.
Truck freight rates for coal transport edged up recently in key production areas in North China, driven by increased buying interest from inland utilities, cement and chemical plants. Sporadic flare-u
China's domestic thermal coal prices rose notably again last week, fueled by the ongoing shortage of high-CV cargoes at northern ports. Increased demand due to the upcoming Winter Olympics also drove
China's metallurgical coke market saw an impasse between coking plants and steel mills over the fourth round of coke price hike last week. But a moderate improvement in sentiment was observed late las
China's raw coal production hit historical high in December, with top producing provinces contributing most of the increase.
The country produced 384.67 million tonnes of raw coal in Dece
China's thermal coal prices embraced a round of sustained rebounds last week on the back of active replenishment from downstream buyers ahead of the Spring Festival holiday. Will the snowfall and the
China imported 507,300 tonnes of anthracite in December, slumping 68.81% from a year ago and 54.63% from the preceding month, showed data from the General Administration of Customs on January 24.
China's coking coal imports surged 109.73% year on year but fell 3.28% month on month to 7.49 million tonnes in December, customs data showed on January 24.
The import value
Production area Thermal coal supply continued to contract alongside some mines' Spring Festival holiday leave, while mines' coal stock started to accumulate due to snow-incurred sh
China's coking coal market mainly remained stable during the past week given weak supply and demand, while some regions saw both downtrends and uptrends.
Higher offers were mainly for pre
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Indonesian thermal coal prices have been stable for weeks since the country enacted a ban on coal exports for the whole month of January, but the prices are likely to jump strongly once the ban is lif
China Shenhua Energy Co., Ltd., the country's largest listed coal producer, reported a 5.3% year-on-year rise in saleable coal production in the full year of 2021 while its coal sales in the year also
Coal inventories of northern China's transfer ports have been falling rapidly since late December. This trend could be hardly changed in the near term as far as the current situation is concerned.
China's metallurgical coke market is currently directionless, as looming restrictions on steel production add uncertainty to the fourth round of coke price increase.
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Indonesia has terminated the coal export ban in advance for 139 mining companies, which account for the most of the country's major miners, according to a government circular on January 20.
China's central state-owned enterprises produced over 1 billion tonnes of coal in 2021 for the first time in history, Peng Huagang, Secretary General of the State-owned Assets Supervision and Administ
Indonesian thermal coal market didn't see much movement on January 21 with buyers still sitting on the sidelines, although the Indonesian government allowed more vessels to sail aboard.
China had 20 coal mining companies with annual production above 30 million tonnes in 2021. These 20 companies produced 2.66 billion tonnes of coal on aggregate, up 78.7 million tonnes or 3.1% from a y
Shanxi, a major coal production hub in North China, has completed the signing of 1.09 billion tonnes of mid- and long-term coal supply contracts for 2022, a further increase of 105 million tonnes from
China's domestic thermal coal market logged higher trading levels at northern transfer ports on January 20 as the sentiment has turned around with more buyers looking for cargoes, traders reported.