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Spot thermal coal prices leveled off late this week after previous quick rises, as participants turned cautious in taking positions amid emerging signs of possible price caps.
The plannin
HSBC Holdings Plc will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, Reuters reported, marking an acceleration of a broader commitment it made last
Chinese power utilities are still actively seeking Indonesian thermal coal cargoes with October laycans late this week, aiming to build up stockpiles ahead of the 20th national party congress.
Mongolian coking coal prices continued rising at China's Ganqimaodu border crossing, backed by higher restocking interests from coking plants ahead of the October festival.
Mongolia
China Aug
thermal coal imports down 2.83% on yr
China's thermal coal imports ticked down by 2.83% year on year to 21.77
million tonnes in August, showed data from the General Admini...
&
Mongolian Aug
coal railings up 29.22% MoM; iron ore down 4.8%
Mongolia's coal railings came in at 668,200 tonnes in August, rising
4.67% year on year and 29.22% month on month, snapping a decl
Thermal coal
Production area Spot coal supply was slightly impacted by stricter safety and environmental checks ahead of the 20th national party congress and authorities' safety and standardizat
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
Russia plans to further increase coal exports to China by lengthening the existing two rail tracks and building another two tracks at Grodekovo-Suifenhe border port, according to media report and sour
Three quarters of the power generating units have been put into commercial operation in Baihetan hydropower station, following operation of a new unit on September 22, state media reported.
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Indonesian thermal coal went higher amid a sparsity of available spot cargoes in the market and renewed purchases from Chinese buyers for fears of domestic supply reduction next month.
Of
Coal production of Mongolia came in at 3.06 million tonnes in August, surging 143.01% year on year and 19.57% month on month, showed data from the National Statistical Office of Mongolia.
China had logged six-month straight rebound in coking coal imports to a new high of 6.41 million tonnes in August since the beginning of this year, according to customs data.
The imports
China's demand for coal is expected to peak by 2025, despite huge difficulties, in line with the government's "Dual Carbon" target, Feng Dongbin, deputy general manager of Fenwei Digital Information T
A train carrying 3,840 tonnes of Mongolian thermal coal left Ganqimaodu border crossing towards northwestern China's Ningxia autonomous region on September 14, marking the opening of the region's firs
The National Mine Safety Administration has sent a comprehensive inspection team to coal-rich Shanxi province to conduct week-long supervision during September 16-23, in an effort to ensure safety dur
China's domestic thermal coal prices jumped quickly over the weekends despite concerns over the government intervention as the market is high enough.
The price rally was a little bit surp
Indonesia is struggling to roll out its plan to shut coal plants over the next 30 years as there were not enough potential investors to support its energy transition.
In an interview last
Infographic | China's coal imports in Aug 2022
Ordos, the largest coal producing city in northern China's Inner Mongolia, will cancel the "sales quotas" system from September 19 to accelerate the efficiency of coal transport as part of the drive t
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