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China's domestic thermal coal market is under upward pressure, buoyed by a potential increase of power demand amid easing Omicron control.
The nation's financial hub Shanghai has achieved
Indonesian thermal coal prices may see upward bias, should Chinese demand improve with the rebound of industrial activity while India is still in the search for low-CV coal against the global supply t
Prices of imported Mongolian coking coal in China are expected to continue downward revision given a still bearish sentiment in the downstream coke market, but may decline slower by 100-150 yuan/t in
Thermal coal
Production area Coal miners, especially small- and medium-sized mines, embraced good sales and firm prices, as demand from residents and chemical plants was sizzling and traders als
Shandong province, the fourth-largest crude steel production base in China, will increase electricity tariffs for steel makers that fail to meet ultra-low emission standards from July 1 onwards, in a
Coking coal sales mildly improved at some mines in Shanxi as deep price reductions started to spur buying interests from traders and coking plants, although overall demand remained comparatively weak.
China's raw coal production posted a month-on-month decline of 8.3% to 362.8 million tonnes in April, and the yearly growth of 10.7% also slowed down from a 14.8% rise in March, data from the National
China's move to lift coal import tariff is expected to benefit coal-consuming firms in Ningxia Hui autonomous region, as it will cut import costs and expand coal imports.
"We plan to impo
China's leading coal consultant Fenwei has released mid-term reports for the Chinese coal and coke markets, elaborating on developments in the past years and presenting forecasts for the next five yea
China coking coal, met coke and steel market key figures in focus.
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Chinese traders are cautious of buying thermal coal from Indonesia, as it would be almost profitless compared with domestic utilities' tender prices.
Sandwiched by high selling prices fro
Chinese coking coal prices remained on the downtrend, with some miners further cutting prices as continued slow sales started to pull up inventories.
The starting prices of online coking
China's state planner required coal and power companies to continue signing long-term agreements on coal supplies on concerns of a possible shortage of seaborne imports given high global prices and sh
Spot thermal coal prices have increased in key producing regions of China, mainly driven by growing demand from industrial factories as the pandemic restrictions are gradually eased.
The
China's
Premier stresses no power blackouts should happen this year
China's Premier Li Keqiang stressed the country should avoid any power
outages this year by means of continuing to strengthe
Thermal coal
Production area Thermal coal market started picking up at main production areas, as supply crunch still bit and demand was released from relatively small industrial firms after pro
Indonesia may struggle to meet part of additional demand of India due to the adverse weather in addition to the time-required approval process for changes to miners' production plans and cost budget a
Mongolia exported 3.79 million tonnes of coal during the first four months of 2022, down 48.15% or 3.52 million tonnes year on year, showed the latest data from the Mongolian Customs General Administr
Thermal coal trades were dull at northern China ports on May 16, as traders reportedly dared not to sell at current prices that exceed the government's price caps.
But offer prices kept h
Thermal coal
Production area Thermal coal prices, particularly mid- and high-CV cargoes, were buoyed by robust demand from chemical and coking plants in coal hubs of Yulin and Shenmu of Shaanxi
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