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Indonesian low-CV thermal coal prices continued to rise on June 8, spurred by favorable demand from Chinese traders, who actively bought spot coal to cover previously-awarded utility tenders. However,
Thermal coal prices started to weaken again at northern China ports after a three-day rise from the start of the week, as the current round of buying nears its end.
Offers for different t
China's coking coal market exhibited temporary stability on June 8, with participants cautiously navigating the sentiment change, weighing the potential rebound of supply and easing price pressures fr
A growing number of thermal coal miners hiked their offer prices on June 8, while concerns also loomed over sustainability of the ongoing uptick.
There was a widespread price incre
China's coal industry has witnessed a noticeable downturn since the beginning of this year, with significant price declines observed across various coal types. In particular, spot thermal coal prices
Coal production in the United States is forecasted to decline 6.31% on the year to 559.5 million short tons (508 million tonnes) in 2023, lower than the previous month's prediction of 577 million shor
Infographic | China Taiwan coal imports in May 2023
Power consumption in the U.S. is expected to decrease slightly in 2023 compared with a year ago, owing to economic slowdown and mild weather, according to the Short-Term Energy Outlook issued by Energ
Vietnam is facing a significant power shortage due to recent incessant heatwave, highlighting the inadequacy of its clean energy developments.
The country has been grappling with frequent
Thermal coal
Production areaUpticks of the portside prices encouraged more inquiries from downstream users. Miners reported improved dispatches and some miners saw inventory pressure alle
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Indonesian and Australian thermal coal prices eventually bottomed out after weeks of falling in the wake of a rebound in China's domestic market, and a rise in natural gas prices also stoked the posit
Indonesian thermal coal prices moved lower to win over Chinese buyers from competition with Chinese domestic coal, whose prices have been falling rapidly in recent two weeks, traders noted.
Declines decelerated in China's spot thermal coal market after benchmark prices fell below the upper limit of medium- and long-term contract price range.
On June 2, benchmark 5,500 Kcal/k
Bangladesh's power situation may continue to deteriorate for another two weeks as local power plants face a shortage of fuel due to increased electricity consumption driven by rising temperatures, acc
China Energy Investment Corporation has started operations at Asia's largest coal plant-wise carbon capture and utilization storage (CCUS) project.
After days of running at full ca
China's portside thermal coal prices rebounded earlier than expected at the start of the week, thanks to increased demand from utilities seeking prompt cargoes amid rising temperatures in the southern
Russia's coal production rose for the third consecutive month in April, according to data from the Russian Federal State Statistics Service.
The country's coal output reached 36.7 million
Turkey Apr
coal imports fall to 11-mth low, yet up 17.7% YoY
Turkey's coal imports in April rose 17.74%
on the year but dropped 39.14% on the month, marking the lowest level since
June 2022,
Guangdong Electric Power Development Co., Ltd, one of the major power producers in China, said imported coal accounted for approximately 50% of its coal supply as of the end of April 2023.
Jinneng Holding Shanxi Electric Power Co., Ltd., a Shenzhen-listed power utility in Shanxi, said it may optimize the share of long-term contract coal as the spot prices continue to move down.
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