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Indonesian thermal coal prices still stayed unchanged on May 12 amid rain-related supply disruptions in key producing areas.
There were limited offers/bids in the market, despite reports
Indonesian
thermal coal remains stable despite lower demand
Indonesian thermal coal prices remained
unchanged, as available cargoes tightened amid adverse weather conditions,
despite reduced
China's
portside thermal coal prices drift lower as demand remains weak
China's portside thermal coal prices fell
again for the third consecutive day on May 10 as end users remained on the
s
China's portside thermal coal prices took a respite on May 12 after falling for four consecutive days, but the overall outlook remains uncertain due to unchanged fundamentals.
On May 12,
Coking coal miners in China's leading production province of Shanxi continued to lower their starting prices for online auctions in response to inactive buying from coking plants, and the unsold volum
A large coal mine with annual capacity of 6
million tonnes is expected to commence operation late this month, local media
reported, helping support the "West-to-East" power transmission
project.
China faced a significant power shortage at
the end of the summer peak consumption period in 2021, and since then, efforts
have been made to mitigate such challenges and ensure stable power supply
South Africa's troubled state-owned power company, Eskom, is seeking assistance from China to combat the country's severe electricity shortages, according to a report by Financial Times.
Thermal coal
Production area Continued delivery of term contract coal let some miners free of inventory pressure. Yet the outlook on the near-term spot coal prices remained slightly bearish. Non
Southeast Asia, often overlooked when discussing major coal-consuming markets and their carbon emissions impact, is set to emerge as a dominant force in global coal consumption. Over the past five yea
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China's national coal mine safety regulator ordered Inner Mongolia to immediately stop increasing capacity at 30 opencast coal mines and cut approved capacity back to original levels, while demanding
China's national coal mine safety regulator
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China's imports of coal, natural gas, iron ore, steel products, etc.
China's portside thermal coal prices fell again for the third consecutive day on May 10 as end users remained on the sidelines, expecting further declines in the near term.
At northern po
Indonesian low- and medium-CV thermal coal prices remained firm on concerns of lower shipments because of rain, although price advantage over Chinese domestic coal has narrowed, curbing demand from Ch
China's metallurgical coke market came under new pressure as some steelmakers in Hebei requested to further cut coke prices by 100 yuan/t to improve their profit margins amid the continued supply surp
Indonesian thermal coal prices remained unchanged, as available cargoes tightened amid adverse weather conditions, despite reduced Chinese demand.
Chinese demand for Indonesian coal has b
Chinese traders continued to lose appetite for Mongolian coking coal with fading price advantage over domestic supplies in addition to lackluster demand from the downstream coking plants.
Daily crude steel output at key member firms of China Iron and Steel Association (CISA) stood at 2.21 million tonnes during April 21-30, falling 3.63% compared with the previous ten days, the CISA dat
Australia exported 5.43 million tonnes of coal to China in April, up 28.2% from March and 3419.5% year on year, according to cargo tracking data from Kpler.
Total Australian coal exports
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