Editor's Pick
China's portside thermal coal prices extended losses on February 2 on the back of high stockpiles at northern ports and continuing weak demand, traders said.
On February 2, prevailing off
China's coking coal market remained in correction on February 2, with both price hike and reduction heard at major production areas depending on their sales status and price competitiveness.
Several thermal coal miners in northern China started to cut offers to accelerate sales after nearly one week of price stabilization, as supply-demand mismatch widened amid miners' efforts to raise ou
Australia's largest rail freight operator Aurizon is expected to resume coal transportation of its Blackwater railway on February 9, four days later than the earlier estimate of February 5.
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
There will be nine maintenance closures this year for coal rail network between Hunter Valley and Newcastle port, but the impact on the port's exports could be offset by drier weather and renewed dema
China's metallurgical coke prices continued to decline in January, as weak margins and seasonal slow sales at steel mills restrained their demand, forcing coke firms to reduce prices. Decline in cokin
Global mining giant Glencore said on February 1 its coal production rose 6.5% in 2022, driven by its Cerrejon mine in Colombia.
The company churned out 110 million tonnes of coal last yea
Thermal coal
Production area Thermal coal mine-mouth prices were flat, with only a few mines adjusting prices. Coal supply continued to increase amid resumptions of relatively small mines. A sma
State-owned Coal India Ltd (CIL) produced 71.90 million tonnes of coal in January 2023, up 11.49% from a year earlier and 8.28% from the preceding month, and hitting a new high since April 2022, the c
Most Read Articles
HSBC Holdings Plc will stop providing finance for new metallurgical coal mines, according to an updated energy policy on December 2022.
It can be expected that more banks will join in the
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
China is ready to receive coal imports from Australia as several shipments have arrived or been en route to China, a strong indication that the two countries are gradually resuming coal trades after m
Changes in Mongolian coal selling price and sales patterns are putting uncertainty to the exports to its largest destination China in 2023, which had been expected to be high backed by strong demand.
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 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
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
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
The mining giant BHP is reportedly considering closing its Mt Arthur coal mine, in New South Wales, in advance of its 2030 target.
Sources noted that BHP had told the mine staff that it m
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
中文
