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Traders expect Indonesian coal prices to drop further A general consensus was among traders that Indonesian coal prices would go down further in the near term, mainly due to waning demand fro
China's intake of Mongolian coking coal is expected to decrease with Chinese domestic supply gradually recovering as safety and environmental inspections on mines are coming to an end in key productio
Thermal coal Production area Some miners in Yulin of Shaanxi further lowered coal prices amid decreased buying activities; large miners in Shenmu and Fugu cut their bidding prices amid slac
Participants in Chinese spot thermal coal market reckoned it less likely for prices of the fuel to rise sharply before late April, when utilities may make large purchases after maintenances.
A general consensus was among traders that Indonesian coal prices would go down further in the near term, mainly due to waning demand from Chinese buyers. Most traders and end users held
Spot thermal coal prices showed signs of stabilization falling for over one week, with buying appetite rising from non-power end users and renewed optimism filtering through the market. I
Chinese steel mills are facing increasing competitions in the southeastern Asian steel market with its predominant position being challenged by competitors from other countries. Southeast
Thermal coal Production area Coal prices fell by 20-30 yuan/t in Shenmu city of Shaanxi as downstream users reduced purchase owing to previous high prices. Miners in Yulin city expected further
Spot prices of Indonesian thermal coal have extended the downward trend since late last week, as demand weakened after a large purchase from a state-run power producer. On March 20, the F
Prices of 5,500 Kcal/kg NAR coal stopped declines that had lasted for seven days at northern China ports, in response to increased buying appetite from cement plants. On March 20, the Fen
Mongolia Mining Corporation (MMC), Mongolia's large premium coking coal producer and exporter, recorded a historical high annual run-of-mine (ROM) coal production of 10.9 million tonnes, representing
A coal mine accident that occurred in Jiexiu of Shanxi in the afternoon of March 14 had led to three deaths and five injured, said the city government office on March 16. When blasting op
Tangshan city in northern China's top steelmaking province Hebei issued second-level emergency steps to combat heavy pollution, requesting more than 40% of sintering machines to suspend production and
China's top 3 provinces contribute 68% of raw coal output in Jan-Feb China's three largest coal bases produced 68% of the country's total raw coal in January-February, stable from the 2018 leve
China's commerce ministry said on March 22 it will impose temporary antidumping measures on stainless steel billet and hot-rolled stainless steel plate from the European Union, Japan, South Korea and
China Shenhua Energy Co., Ltd, a listed arm of China Energy Investment Corporation, produced 25.7 million tonnes of commercial coal in February, up 14.7% year on year and 21.8% month on month, the com
China Coal Energy Co., Ltd, a listed subsidiary of China National Coal Group, reaped a net profit of 3.44 billion yuan ($511.82 million) in 2018, jumping 49.9% from a year ago, a record high in recent
China should step up the construction of underground gas storage facilities to meet increasing demand during the peak consumption period in winter, according to Zhang Mingsen, former deputy chief engi
Northern China's coal-rich Shanxi province has established a 50-billion-yuan ($7.45 billion) fund to boost the development of its industries, local authorities said lately. The fund, init
China consumed 489.1 TWh of electricity in February, increasing 7.2% from the preceding year, showed data from the National Energy Administration on March 20. For the residential segment,
Qinhuangdao port, a major coal transfer hub in northern China, is expected to increase coal inflows and build up stocks, in an aim to help rein in recent coal price hikes at coastal market.
China's coal shipping market started to lose strength following a 10-day rise, in line with increasing tepidness in coal trades at northern ports. After thermal coal prices surged to a fr
Thermal coal sales were hammered in both producing regions and northern transfer ports in China, market sources confirmed with sxcoal.com, causing declines in prices of the fossil fuel.
Indonesian and Russian miners zeroed in on Chinese seaborne import thermal coal market after a supply gap emerged along with China's tightened grips on Australian coal and curbed production in domesti
Traders warned there might be downward risks soon for thermal coal traded at ports in northern China when coal mines are allowed to resume production in main production areas. Triggered b
Indonesian thermal coal prices further sapped after several days of stabilization, as the sole support of weather-interrupted shipments in Kalimantan and Sumatra has failed to offset the impact of ebb
Chinese thermal coal miners are gradually recovering operations, boosting expectations that supply shortness will be alleviated later on. As of March 11, three batches of coal mines, 95 i
Spot thermal coal prices lost ground at northern Chinese ports at the start of this week, although supply remained tight at production bases. Bearish sentiment arose in the market and buyers entered "
Prices of Indonesian low-CV thermal coal started to fall back at China's seaborne import market on the first day of this week, in tandem with a weakening domestic market in the world's top buyer of t
Bearish sentiment dominated Chinese spot thermal coal market on concerns that northern miners will resume production soon. With the "Two Sessions" due to conclude on March 15, market play
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