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China's seaborne cargo shipping demand remained tepid although industrial production has been slightly restored and infrastructure projects were gradually rebooted. Coal shipments from Bo
Thermal coal Production area Coal mines were under inventory pressures due to high operations and tepid buys from end users impacted by coronavirus-delayed industrial production. The market may
Mongolia's cabinet decided to build a 450MW power plant at its southern coal base Tavan Tolgoi to supply power for Oyu Tolgoi copper-gold mine. The project will be funded by its government rather than
Australian metallurgical coal prices continued to slide in Chinese import market, as domestic steel production was significantly hindered by activity and logistic controls during Covid-19 outbreak.
In light of recent sharp price fall in its domestic thermal coal market, China is expected to strengthen control on imports of the fossil fuel from other countries, sources said. One sale
China's state planner, the National Development and Reform Commission, was said pushing for signing of 2020 thermal coal long-term term contracts between coal miners and power generators in a bid to s
Indian coal imports through 12 state-run ports rebounded to an 11-month high in March after a decline a month earlier, data from Indian Ports Association showed. Total imports by these po
Northwestern China's Xinjiang recorded its best performance in power transmission to other provinces in the first quarter, playing an increasingly important role in optimizing domestic energy allocati
At present, China's domestic thermal coal prices continue to fall in the context of low downstream demand, further production increase in major production areas and high coal inventories at power plan
Xi'an Railway Group, a branch of China State Railway Corporation, lowered rail freight rates of cargoes shipped from several areas in Shaanxi by 20-26%, effective on April 4. The policy p
Several distressed cargoes of thermal coal from Indonesia were reported late last week as Chinese utilities required putting off or canceling deliveries in an adjustment of purchasing strategy.
Several large Chinese thermal coal miners started boosting seaborne sales by offering aggressive discounts this week, further reinforcing utilities' expectation for even lower prices in spot market.
Australian premium metallurgical coal dropped to a four-month-plus low in China's seaborne import market, given flagging buying appetite from Chinese end users. Settlement prices of Austr
Spot price of Indonesian thermal coal was broadly expected to move down further in the Chinese seaborne import market, as demand for the overseas commodity has subdued by ample domestic supply.
Mongolian coking coal stockpiles plunged to a new low at Ganqimaodu border crossing in China's Inner Mongolia, on the back of further slowdown of customs clearance during three-day breaks for Tomb-swe
China's resumption of production has been accelerating with the jump of highway freight nationwide, according to a report released by Manbang, a leading domestic freight service platform.
Russia logged a deep decline of nearly 16% in its coal exports in the first quarter this year, according to official data. The coal-rich country exported a total 37.03 million tonnes of c
Chinese seaborne thermal coal traded at northern ports is probably heading for the gloominess prior to 2016 that prompted the government to curtail surplus coal capacity. Fenwei CCI 5500
China's metallurgical coke prices continued falling late last week, with Fenwei CCI assessment at its weakest of the past three and a half years after major coke producers conceded to downstream mills
In light of recent sharp price fall in its domestic thermal coal market, China is expected to strengthen control on imports of the fossil fuel from other countries, sources said. One sale
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