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's portside thermal coal market took a pause on June 24 after days of downward correction, yet thin trading liquidity remained in favor of further declines.
On June 24, the prevailin
South African state power company Eskom said on June 24 that electricity cuts could intensify following labor protests at nine of its facilities linked to deadlocked wage talks.
China's central province Henan produced 8.5 million tonnes of raw coal in May, up 3.2% on the year, and the total output declined 2.5% from a year ago to 40.56 million tonnesduring the first fiv
China's state planning agency approved 10 coal mines in Xinjiang to raise production capacity on June 13, to ensure the country's energy security, according to a report by Xinjiang Daily.
China's metallurgical coke prices remained under downside risks, with the primary pressure coming from record low steel profits and demand, which has eroded mills' production enthusiasm and buying app
Queensland coal royalties hurt coking coal more than thermal coal
Queensland government has announced to raise its royalties on coal from July 1
following a 10-year fr
Infographic | China's coal imports in May
Infographic | China's coal imports in May 2022
Infographic | China's raw coal production by
province in May
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
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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The government of New South Wales asked coal miners
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The news that Germany approached Indonesia for thermal coal procurement in place of Russian imports has been reported with the fanfare, but does Indonesia have the ability to cover the "surprising" de
China imported 20.55 million tonnes of coal and lignite in May, retreating by 12.74% from the preceding month and down 2.34% from a year ago. From January to May, a total of 95.91 million tonnes of co
China's thermal coal imports in May hit the lowest level of the same month since at least 2012. Coal imports from Indonesia slumped on a monthly basis, while Russian coal delivery surged.
The Indonesian government will collect carbon tax from coal-fired power plants from July 1, 2022, as a trial run to roll out the carbon tax policy on all emission-intensive sectors.
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
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?
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