Production area Some mines in Yulin of Shaanxi saw slightly improves sales, helping relieving stock pressure; more small mines resume production in Shenmu and Fugu in the province,
Inner Mongolia, top coal production hub in China, logged a steep year-on-year decline of 14.1% in raw coal production in the first two months this year, according to official data, primarily affected
State Grid Corp. of China said its profit totaled 77 billion yuan in 2019, down 1.26% from a year ago, hitting a new low since 2014, the company said in a reported dated March 24.
Spot Australian premium coking coal further softened in China, a response to coke producers' tepid restocking as their profit margins dived close to zero.
Settlement prices of spot Austra
The gap was still large between offers and bids of Indonesian thermal coal in the Chinese seaborne import market, as participants were hard to capture the market direction under the Covid-19 pandemic,
A staggering 47.4 GW coal fired power projects at different stages were cancelled in India in 2019 reducing total under development coal capacity to 66 GW.
The data was compiled in a repo
China's spot thermal coal market continued sapping near late this week, given battered market sentiment and tapered buying appetite from end users.
Following 16 straight sessions of fallb
China's planned coal-fired power capacity last year increased for the first time since Beijing imposed restrictions on new coal plant proposals and permits in 2016, a joint study by four international
China's steel market is likely to continue dealing with supply glut in the short run, even if rebooted infrastructure and manufacturing activity could boost demand, said experts.
Production area A few coal mines in Ordos of Inner Mongolia
saw improved sales after previous price slumps, supporting prices to edge up 5
yuan/t, while most mines saw prices drop
Most Read Articles
Worldwide Covid-19 pandemic has brought several key production countries of coal into lockdown, threatening global supply of the fossil fuel. This may bolster Indonesian thermal coal prices by neutral
At present, China has imposed strict restrictions on coal imports. It's learned that coastal areas like Fujian, Guangxi and Guangzhou have curbed seaborne coal imports to varying degrees, but coal arr
Mongolia officially resumed coal export business through Gashuun Sukhait to its largest market China on March 23, the country's Finance Minister Chimed Khurelbaatar said on the same day, following a s
China saw mild upward revisions for steel
product prices in mid-March, official data showed, riding on multiple positive factors
of improving market liquidity, firm iron ore prices and better macro-
Thailand's thermal coal imports hit an 18-month
high in February, with a significant increase from a year earlier, customs data
In February, Thailand's imports of thermal
Chinese 5,500 Kcal/kg NAR thermal coal traded at northern ports plummeted to a three-and-a-half-year trough, losing a total 27 yuan/t in nearly one month of cutbacks amid ripple effect of coronavirus.
Shanxi Coking Coal Group, top state-owned coking coal miner in China, saw its coking coal term contract fulfillment rate amount to a record high of 112% in February, according to the company.
Coking coal market continued falling down at China's main production areas during the past week, along with waned restocking interest from coke producers and further increase of operation at mines.
Chinese seaborne import market of thermal coal started the week without much movement in fundamentals. Prices of Indonesian and Australian coal held steady compared with last week.
Market sentiment further soured for Chinese spot thermal coal at the start of this week, with price cuts gathering pace after nearly a month of retreats despite some participants' hope for a bottom-ou