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China's thermal coal prices rose modestly on June 29 fueled by improving demand as hotter weather has spurred power demand across the country.
Following the unprecedented heatwave that hi
China's coking coal market awaits direction with mixed price trends emerging alongside fading voices on the second round of coke price cuts. More coking coal auctions started to fetch results after pr
Thermal coal
Production area Insufficient coal sales quotas curbed production at some mines and further compounded coal supply for spot buyers, as large state-run mines maintained steady shipme
China's energy bureau gave nod to construction of a new coal mine in Inner Mongolia after several mines were allowed to expand capacity, in a move to boost coal supply and bring down fuel costs for po
Thermal coal stocks remained low at Chinese main production areas as most state-run miners continued shipment to contracted power utilities, while small- and medium-sized miners also received increase
The Ministry of Energy and Mineral Resources (ESDM) is on course to set up a coal special entity or public service agency (BLU) in July to collect fees for domestic power plants owned by state-owned g
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
China's PCI coal prices lacked strength at the start of June as mills maintained lukewarm purchases due to thin profit. Mills' purchase appetite slightly picked up after the Dragon Boat Festival backe
China's energy self-supply capacity has improved significantly in recent years, introduced by Zhao Chenxin, deputy director of the National Development and Reform Commission at a press briefing on Jun
Chinese coal-based utilities called on the government to help ease their operation pressure as high coal prices have made them struggle to make ends meet, according to an industry conference chaired b
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Indonesia has no plans to enhance its coal output despite Europe's interest in purchasing from the archipelago as an alternative to Russia, according to a government official.
"There is n
The Mongolian Prime Minister required related departments to initiate the pilot test for unmanned cross-border coal delivery at Gashuunsukhait/Ganqimaodu before July 5, according to report from the co
China's thermal coal prices are falling at a time when the heatwave drives up coal consumption to power more air conditioners at homes and businesses. Why does the downward correction take place?
China's coking coal imports climbed for the third straight month in May. Shipments from Mongolia and Russia accounted for near 80% of the total imports during the first month that the zero-tariff poli
Indonesian thermal coal prices are under downside pressure as the market was muted with a lack of bids and offers after the Chinese domestic market started falling from the beginning of this week.
China has accelerated the releasement of advanced coal capacity since Premier Li Keqiang announced the plan to ensure energy supply in mid-May.
Premier Li also stressed on June 21 for inc
Mongolia exported 583,200 tonnes of coal during June 17-23, surging 300.2% compared with the preceding year, the Ministry of Mining and Heavy Industry said on June 27.
During the given pe
Thermal coal
Production area Downstream users still sat on the sidelines amid softened sentiment, which clearly reduced coal trucks coming to coal mines and drove some miners to undersell cargo
Chinese coking coal miners saw orders reduce and inventories pile up as coking plants continued to scale back on purchases amid deepened production cuts and a further deterioration of losses.
For a long time, China's thermal coal prices have been flying high while coal-fired electricity prices have been largely unchanged. Utilities, holding the responsibility to power millions of homes and
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