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Spot thermal coal prices fell for the sixth consecutive day on February 3 at northern China ports, as demand has showed no signs of improving since the Chinese New Year holiday.
A lack of
Chinese coking coal miners adopted a wait-and-see approach in early February, waiting for more pricing clues amid uncertainty over sustainability of coke firms' replenishment.
On February
Chinese thermal coal prices started softening at main production areas late this week after holding steady for a week, as a clearer downtrend at the portside market dampened buying appetite from trade
Newcastle thermal coal futures have declined to the lowest in more than 10 months as China and India have scaled up domestic supply while Europe, facing warmer weather and a slowdown in economy activi
Indonesia
2023 coal exports to surpass 500 Mt, minister
Indonesia plans to produce 695 million tonnes of coal in 2023 and
forecasts exports at 518 million tonnes, Energy and Mineral Resourc...
More signs of further decline emerge in
China's thermal coal market
China's spot
thermal coal market witnessed the fourth day of falling on February 1 as demand
remained weak despite gradual
Infographic | Indonesia coal exports in Dec 2022
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
China's lump anthracite prices maintained upward movement in January. Anthracite supplies remained tight around the Spring Festival holiday as miners prioritized safety before the holiday while some m
Japan's coal imports totaled 16.37 million tonnes in December, rising 3.22% or 510,900 tonnes year on year and climbing 10.86% or 1.60 million tonnes month on month, according to data from country's M
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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
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
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.
Indonesia plans to produce 695 million tonnes of coal in 2023 and forecasts exports at 518 million tonnes, Energy and Mineral Resources Minister Arifin Tasrif said on January 30.
This is
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
China's economic recovery is expected to drive a 6% increase in electricity consumption this year, according to a recent forecast by the China Electricity Council.
Experts say electricity
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 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
Shanxi, China's No. 1 coal production province, targets to raise coal production to 1.365 billion tonnes by 2023 through accelerating the release of advanced capacity under the premise of ensuring saf
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