Spot prices of Indonesian thermal coal continued to go upward in the Chinese seaborne import market as buyers kept the high buying enthusiasm to expand their inventories.
Fenwei CCI 3800
China registered broad price hikes of coking coal in main production provinces in early December, indicating the lingering firm strength in the short run following rounds of upward adjustments in Nove
Chinese portside suppliers have been rapidly lifting offers for spot thermal coal in recent days, inspired by outlook of lingering supply shortage and jumping futures prices.
China's coking coal market further firmed up in November, as supply shortage amid frequent safety inspections continued to shore up market sentiment and fuel restocking interest from coke producers.
Canadian coking coal miner Teck Resources looks to boost its coal sales to China for the fourth quarter in response to increased demand, after the world's largest coal producer imposed an unofficial e
Cost of thermal coal used for power generation spiked lately as coal availability was greatly reduced as production in Inner Mongolia and Shaanxi was interrupted by bad weather and mining activity in
China is accelerating the clearing progress for seaborne import coal stockpiled at ports after a meeting held by the General Administration of Customs (GAC) on November 30, said sources familiar with
Activity in China's steel industry extended the upward momentum in November with both demand and supply showing signs of further recovery.
The Purchasing Managers' Index (PMI) for the sec
China's low-sulfur primary coking coal, a premium material for coke making, ticked up to an eight-month-plus high, amid acute supply crunch caused by rising safety pressure and end users' strong resto
China's coking coal market remained firm during the past week, as domestic safety checks, COVID-19 pandemic in Mongolia and ban on Australian coal continued limiting supply to end users, while coke pr
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China is aiming to expand thermal coal imports from Indonesia in 2021 after the fossil fuel trade has been affected by the COVID-19 this year, according to a recent agreement signed by the two countri
Russia is likely to further squeeze market share of Indonesia, a traditional thermal coal supplier, in main Asian countries like China in the future.
China's import of thermal coal (excl.
Mongolian coking coal shipments to China slumped as Chinese checkpoints at the border imposed stricter coronavirus checks on Mongolian drivers, causing a significant slowdown in customs clearing, sour
China's coal imports in October hit a new low of 13.73 million tonnes within this year, which plunged by 46.56% year on year and declined 26.5% from September, according to data from the General Admin
Indian power generators imported 4.64 million tonnes of thermal coal in October, up 14.99% from the preceding month, marking the second consecutive monthly increase, showed the latest data from the Ce
Global thermal coal import demand is likely to climb up 3.8% from the 2020-level in 2021, alongside nations' gradual recovery from the COVID-19 fallout, said an analyst with Noble Resources at the Coa
Chinese domestic coking coal market continued to move higher amid ongoing supply shortage.
On November 26, Fenwei CCI assessed Shanxi premium hard coking coal at 1,463 yuan/t, up 12 yuan/
Spot thermal coal prices at China's northern transshipment ports jumped to a new high of nearly 19 months, as firm trading activities stoked the concerns of sustained supply crunch.
Shanxi has closed 19 coking plants so far this year, involving 10.79 million tonnes per annum (Mtpa) of outdated coking capacity, local media reported.
In addision, 11 coke producers have
China's coal mining and washing industry saw total profit tumble 27.7% year on year to 177.2 billion yuan ($26.06 billion) in the first ten months this year, showed data from the National Bureau of St