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China's portside thermal coal prices continued their downward trajectory at the start of the week, impacted by lackluster demand, stiff competition from imported coal, and the ongoing oversupply. Trad
China's domestic thermal coal market witnessed an unexpected slump last week, as oversupply caused by influx of cheap imported coal exacerbated the downward pressure stemming from weak demand.
China's coking coal market started the week with a slight drop in settlement prices for some online auctions conducted in major production areas, reflecting growing caution among coking plants in resp
China's anthracite prices changed little during the past week amid weak demand.
Main anthracite miners have maintained high production since the production recovery in Shaanxi. Mine
Ganqimaodu border port, the largest artery in China for importing coal from Mongolia, saw its coal intakes reach 12.09 million tonnes from the start of 2023 to May 25, according to the port's official
China's coking coal market remained steady last week with miners generally turning prudent in raising prices following the continued decline in coke and steel prices as well as weakened buying appetit
China's metallurgical coke market completed the ninth round of 50 yuan/t cuts, adding the total decline to 700-800 yuan/t since April. Coke demand remained weak after the reduction as steelmakers were
China's PCI coal prices stabilized but orders were still inactive last week, with major miners holding prices temporarily unchanged after consecutive price cuts and seeing thermal coal prices level of
Limited demand for vessels led to slight fluctuations in coal freight rates along China's coast last week, dashing hopes for a rebound in near days.
The China Coastal Coal Freight Composi
China's coal mining and washing industry earned a total profit of 295.42 billion yuan (around $41.8 billion) in the first four months of this year, down 14.6% year on year, according to data from the
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Indonesian thermal coal prices drifted lower on May 25 under the pressure of competition from other origins that offered alternatives to China, its major buyer.
On May 25, Chinese traders
China's thermal coal imports surpassed 30 million tonnes again in April 2023 for the third time in history. The aggregate imports during the first four months exceeded 100 million tonnes, the highest
The first shipment of coal from Kyrgyzstan's Osh city arrived in border city Kashgar in northwestern China's Xinjiang on May 21.
The shipment, consisting of four container trucks and two
Shanghaimiao coal-fired power project, located in northern China's Inner Mongolia, was fully operational after the No.4 steam turbine wrapped up a 168-hour trail run, media reported.
This
Prolonged declines in the China's coking coal futures added to the trading woe in the spot market with more buyers adopting a wait-and-see approach, sparking discussions for another round of price cut
Spot thermal coal prices have witnessed a faster decline at northern China ports, impacted by multiple factors including elevated stocks, falling mine-mouth prices and influx of competitively-priced i
China's metallurgical coke prices are facing renewed downside pressure as some steelmakers asked for further price cut just after coking plants saw a significant alleviation of inventory pressure.
China's coal imports reached 40.68 million tonnes in April, driven by significant growth from the top five source countries. This was the second month in a row that the coal imports exceeded 40 millio
China's 10 largest coal mining groups (in terms of production) produced 778.5 million tonnes of raw coal during January-April 2023, rising 23.03 million tonnes or 3.05% year on year, according to stat
Trading enthusiasm started to cool in China's coking coal marketon May 26, with lower settlement and failure seen in online auctions after the coke market completed a further round of 50 yuan/t
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