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Thermal coal prices at northern China ports may come under downside pressure, as portside inventories are far higher than levels of corresponding periods in recent years.
As of January 29
Chinese thermal coal mines basically kept offer prices unchanged from levels prior to Chinese Lunar New Year holiday, as market activities haven't fully been on the normal track and wait-and-see senti
China's coking coal supply is expected to recover fast after the week-long Spring Festival holiday, with increasing mines planning production resumption and inflows of Mongolian supplies further risin
China saw a significant change in coking coal import pattern in 2022, from a relatively diversified supply in the preceding year to one dominated by Mongolian and Russian cargoes.
With th
Thermal coal
Production area Thermal coal offers remained stable at main production areas, except a few mines raised prices slightly. Most mines haven't resumed production, and mainly sold their
China coking coal, met coke and steel market key figures in focus.
China's cumulative market-based electricity trades reached 5,254.3 TWh in 2022, up 39% against the volume in 2021, data from the China Electricity Council showed.
The market trades repres
China's metallurgical coke market saw a fresh price tussle between coke producers and steelmakers after the seven-day Spring Festival holiday.
Some steel mills in Shandong, Hebei, S
China Energy Investment Corporation (CHN Energy) had completed 13.60 million tonnes of commercial coal supply during the seven-day Spring Festival holiday (January 21-27), rising 16% compared with the
India, the world's second-largest steel producer, has several initiatives underway to increase domestic raw coking coal production to 140 million tonnes by 2030, more than doubling the production of 5
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China's portside thermal coal prices were generally unchanged amid limited trading liquidity during the week-long holiday of Chinese Lunar New Year, but there's a downward risk in the wake of continuo
China's thermal coal operations are gradually back on track after a one-week holiday for Chinese Lunar New Year, as some smaller mines prepare production resumptions recently. This will help lift dome
The Mongolian government recently said it has found a solution to end years of shady coal deals after people staged a massive anti-corruption protest in Ulaanbaatar last December.
Startin
Coal production in northwestern China's Xinjiang reached 400 million tonnes last year, up 25% from a year earlier, showed data from the Xinjiang regional development and reform commission.
China's top coal producing provinces Shanxi and Inner Mongolia vowed to continue boosting coal production to provide ample energy supply to cope with the comeback of cold waves.
Shanxi En
Despite the slump in world crude steel production in 2022, global seaborne trade in coking coal remained strong with imports of met coal and PCI increasing by 8% year on year to around 320 million ton
Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) in 2022 hit the lowest since 1993 at 50.35 million tonnes, as rail supply was heavily curbed from mines to port amid a lack of trains
Indonesia's Ministry of Energy and Mineral Resource (ESDM) would re-evaluate the formula of forming the current reference coal price, or HBA, which market participants argued the price was not in line
India, the world's second-largest steel producer, has several initiatives underway to increase domestic raw coking coal production to 140 million tonnes by 2030, more than doubling the production of 5
India's coal imports in November fell for the fifth consecutive month, sinking to a new low in recent ten months.
Coal imports of India came in at 13.2 million tonnes in November, droppin
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