Warrior Met Coal, a leading steelmaking coal producer based in the U.S., reported a net gain of $36.6 mln in Q3 2025, dropping from $41.8 mln in Q3 2024. The adjusted EBITDA stood at $70.6 mln, compared to $78.5 mln a yr ago.

Qinhuangdao port had 5.57 Mt of coal stocks as of early Nov 12, down 1.59% DoD and 4.79% lower than a week ago.

Jingtang port had 4.74 Mt of coal stocks as of early Nov 12, falling 2.07% DoD, down 1.25% WoW.

North China Bohai ports (excl. Huanghua port) had 22.24 Mt of coal stocks as of early Nov 12, down 0.27% DoD and 2.77% higher than a week ago.

Caofeidian port had 11.93 Mt of coal stocks as of early Nov 12, up 1.1% DoD and 8.55% higher than a week ago.

India's Tata Power on Nov 11 reported a slight decline in its second-quarter profits, primarily impacted by lower electricity generation following the shutdown of its Mundra plant in Gujarat. For the quarter ending Sep 30, the company posted a consolidated net profit of 9.19 billion rupees (approximately $105 million), compared to 9.27 billion rupees in the same period last year.

North China Bohai ports (excl. Huanghua port) received 1.24 Mt of coal via railways in 24 hours ended early morning of Nov 12, down 12.81% DoD and 5.42% lower than a week ago.

Qinhuangdao port received 496,000 tonnes of coal via railways in 24 hours ended early morning of Nov 12, up 2.48% DoD and 5.08% higher than a week ago.

Caofeidian port received 521,000 tonnes of coal via railways in 24 hours ended early morning of Nov 12, down 16.24% DoD and 0 than a week ago.

North China Bohai ports (excl. Huanghua port) shipped out 1.3 Mt of coal in 24 hours ended early morning of Nov 12, up 6.21% DoD and 2.33% lower than a week ago.

Jingtang port received 222,000 tonnes of coal via railways in 24 hours ended early morning of Nov 12, down 29.52% DoD and 29.97% lower than a week ago.

Caofeidian port shipped out 392,000 tonnes of coal in 24 hours ended early morning of Nov 12, down 7.76% DoD and 9.26% lower than a week ago.

Huanghua port received 570,000 tonnes of coal via railways in 24 hours ended early morning of Nov 12, down 14.93% DoD and 9.52% lower than a week ago.

Qinhuangdao port shipped out 586,000 tonnes of coal in 24 hours ended early morning of Nov 12, up 23.63% DoD and 5.79% lower than a week ago.

U.S. President Donald Trump announced on Nov 11 that the U.S. will reduce high tariffs imposed on India, signaling progress in resolving recent bilateral tensions. Trump noted the tariffs were linked to India's oil trade with Russia, claiming it has now "halted" such purchases. He expressed confidence in reaching a fair deal soon.

The total trading volume of the Chinese Certified Emission Reduction (CCER) reached 20,050 tonnes on Nov 11, valued at 1.42 mln yuan, with an average price at 70.96 yuan/t. Total CCER trades since the market went online reached 4.20 Mt, which valued 322.51 mln yuan, according to data from the CCER system.

Carbon prices in China's national carbon market closed at 60.94 yuan/t on Nov 11, up 3.22% DoD. The highest price reached 62.02 yuan/t, while the lowest was 58.26 yuan/t. The total trade volume of CEA was 4.20 Mt, valued at 265.85 mln yuan. Bulk contract trades totaled 3.10 Mt, valued at 195.87 mln yuan, while that of listed contracts amounted to 1.11 Mt, valuing 69.98 mln yuan, according to data from Shanghai Environment and Energy Exchange.

China's carbon dioxide emissions remained flat in Q3 of 2025, extending a trend of stable or declining emissions that has lasted for 18 months, according to an analysis by Carbon Brief.

Australia's coal exports were worth A$5.72 bln ($3.73 bln) in Sep, rising 8.38% on mth but falling 10.16% on yr, according to the Australian Bureau of Statistics.

On Nov 11, 2025, the CCI index for Ordos 5,500 Kcal/kg NAR coal was 618 yuan/t, mine-mouth with VAT, flat DoD and rising 35.0 yuan/t WoW.