Indonesian thermal coal prices climbed further on November 30, as Chinese utilities strengthened purchases on sharp temperature drops in many parts of the country.
Several thermal coal mines in Shaanxi, China's third-largest coal-production heartland, started to raise offer prices on November 30, buoyed by increased demand from downstream sectors.
Coking plants in some northern Chinese production areas showed resilient demand for coking coal, after the recent epidemic outbreaks hindered their daily intakes and led to low inventories, which help
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
Production area The mine-mouth coal market extended the weakness with top miner's move guiding most miners' price cuts. Miners in Ordos, an epidemic-hit coal heartland in Inner Mong
China's manufacturing and services activity decreased further in November, official data showed on November 30, as COVID-related disruptions intensified.
In November, the Purchasing Manag
China stands ready to work with Russia to forge a closer energy partnership and jointly maintain global energy security, Xinhua News reported, citing President Xi Jinping's congratulatory letter sent
The weighted average purchase costs for China's coking coal and coke in January-October rose 38.08% and 7.54% year on year respectively, showed data from China Iron and Steel Association (CISA).
The Purchasing Managers' Index (PMI) in the steel sector, an economic indicator for the industry, declined by 4.2 to 40.1 in November, down for the second straight month, according to the latest data
China coking coal, met coke and steel market key figures in focus.
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Germany's hard coal imports reached 2.88 million tonnes in September, a 7.3% rise year on year, rebounding to a five-month high, preliminary data from German Statistics Bureau showed.
Newcastle thermal coal prices increased as demand is expected to surge in Europe where temperatures are forecast to start dropping dramatically in the next two weeks.
On November 25, the
Japan produced 7.35 million tonnes of crude steel in October, up 2.9% month on month but down 10.6% from the previous year, showed data from the Japan Iron and Steel Federation.
In the mo
Imported Mongolian coal stocks at China's Ganqimaodu border port are expected to accumulate after the local authorities stopped outward coal delivery due to the rising COVID-19 infections while mainta
Mongolian exported 917,100 tonnes of coal from November 11 to November 17, surging 88% year on year,according to data from the Ministry of Mining and Heavy Industry.
This brought th
India's biggest electricity generating company NTPC was required by the government to award contracts for four more coal-fired power projects over the next three years. These four projects will add 4.
Mongolia opens a new rail line to China on November 25 in a move to expand commodity exports despite the COVID-slowed cross-border trades.
The start of the 226.9-kilometer Zuunbayan-Khang
Indonesian low-CV thermal coal prices were largely unchanged on November 24 as limited availability offset the gloomy Chinese demand next month.
Chinese utilities have been actively invit
China's 5,500 Kcal/kg NAR thermal coal prices slumped below 1,300 yuan/t FOB northern portson November 23, as traders started dumping cargoes as panic sentiment was growing alongside sharper pri
Thermal coal prices in China's coal-rich Inner Mongolia have fallen significantly as outbound truck haulage was heavily subdued by the regional COVID measures, market sources said.