Editors Recommendations
Thermal
coal
Domestic
market
Production
area Coal supply remained tight in Shaanxi
province, partly due to stringent environmental pressure that had made many
mines suspend operat
Chinese traders were optimistic about the spot thermal coal market, as shipment would be restricted during the Chinese International Import Expo to be held in Shanghai early next month.
T
China's import thermal coal market stayed lackluster on the whole, with trading sentiment waning and few deals concluded late last week.
The country's tight grips on imports remained the
Major coke producers in China confidently raised up offer prices for the steelmaking material, a response mainly to increased inquiries from traders in the market.
Following price h
Hebei Iron and Steel Co., Ltd (HBIS) forecast its net profit to climb 50.34-59.45% from a year earlier in the first three quarters this year, said the firm in a statement on October 11.
I
China
likely to extend restrictions on import coal to end of this yr
China is likely to extend restriction on
import coal to the end of this year, in a move to maintain a relative balance
of
S.
Korea Sep thermal coal imports up 17.73% MoM
South Korea's thermal coal imports (including
bituminous and sub-bituminous coal) reached 9.19 million tonnes in September,
down 11.23% from a
Ukraine imported 1.48 million tonnes of coal (including anthracite) in September, a month-on-month rise of 16.54%, showed data from the Ukraine Customs, yet down 18.23% compared with 1.81 million tonn
Mongolia exported 3.58 million tonnes of coal in September, soaring 55.38% on the year and 20.09% on the month, data from the National Statistics Office showed.
In January-September, coal
China exported 5.95 million tonnes of steel products in September, with a year-on-year increase of 15.8%, the latest customs data showed, which suggested China's steel exports were not much impacted b
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Ganqimaodu border crossing in China's Inner Mongolia imported 11.59 million tonnes of coking coal from the neighboring Mongolia over January-August this year, falling 1.76% from the year-ago level but
China's thermal coal market moved steadily upward after the weeklong National Day Holiday, with many spot coal traders elbowing up offer prices, pushing up spot price of 5500 Kcal/kg NAR thermal coal
Shanxi province, a major coal mining hub in northern China, vowed to cut coking capacity and annual coke output, according to a government statement on October 9, in line with a long-term drive to red
China's port thermal coal prices were well propped up by persistently tight controls on imports alongside production constraints at mines for environmental clear-up.
Relevant government d
Coal stocks have tumbled drastically to below 5 million tonnes at northern China's Qinhuangdao port recently, paving the way for a likely coal price rise in the future.
Eyeing such
Mongolia exported 3.58 million tonnes of coal in September, soaring 55.38% on the year and 20.09% on the month, data from the National Statistics Office showed.
In January-September, coal
China imported 25.14 million tonnes of coal in September, falling 7.18% from the year prior and down 12.35% from August, showed data from the General Administration of Customs (GAC) on October 12.
India's coal import increased substantially by 35% to 21.1 million tonnes in September, as against 15.61 million tonnes in the corresponding month previous fiscal. The rise in imports comes at a time
China's Qinhuangdao port, as a barometer of thermal coal market and stabilizer of coal prices, is proven irreplaceable to coal shipment, mainly a transfer center for cargoes from production areas to c
China
likely to extend restrictions on import coal to end of this yr
China is likely to extend restriction on
import coal to the end of this year, in a move to maintain a relative balance
of
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