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Thermal coal prices stayed stable at northern China ports for the fourth consecutive day, with no clear trends formed, leaving both sellers and buyers to sit on the sidelines for more clues.
China's coking coal market remained steady on March 16, yet sentiment further softened owing to rebounding production and sustained prudent buying from coke firms.
On March 16, the
Thermal coal prices at China's major
production areas moved sideways amid weak demand, thanks to steady shipment to
long-term contract buyers.
Though miners expressed pessim
Colombia's largest coal producer Drummond exported 2.35 million tonnes of coal in February, up 4% from a year earlier and nearly 27% from a month ago, data from the company showed, mainly driven by a
India's power producer Haryana Power Generation Corporation Limited (HPCGCL) issued a tender seeking up to 587,000 tonnes of seaborne thermal coal for its three power plants, according to a latest ten
China's met coke market has been relatively stable after the Chinese New Year holidays, with proposals by either steel mills to further lower prices or coke makers more recently to raise prices failin
Thermal coal
Production area Prices were generally steady. Miners could still strike a balance between production and sales, as they mainly dispatched coal for term contracts. Some power plan
South Korea's coal imports fell to a four-month low in February as warmer-than-normal weather reduced the country's coal demand and declined natural gas prices cut back coal consumption for power gene
Schedule
of Mongolian coal e-auction on Mongolian Stock Exchange over Mar 17-20, 2023
Seller Name
Coal Type
Quan
China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.
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Indonesia's Ministry of Energy and Mineral Resources (ESDM) has officially revised the formula for coal reference price (HBA) as stated in the Decree of the Minister of Energy and Mineral Resources co
Two members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body, have called for reliable coal supply and streamlined
The ongoing stalemate between coke producers and steelmakers over the first round of coke price hike has started to add bearishness to the coking coal market.
Coke firms continued to limi
Infographic | China Taiwan coal imports in Feb 2023
Coal inventories at China's major transshipment port of Qinhuangdao started to rebound last week due to a significant decline in the offtakes, ending four straight weeks of drop, Sxcoal's data showed.
Coal remained the most important energy source for electricity generation in Germany in 2022, according to preliminary results published by the Federal Statistical Office (Destatis).
Appr
Mongolia exported 828,500 tonnes of iron ore in January-February, jumping 168.27% or 519,700 tonnes from a year ago, showed latest data from the Mongolian Customs General Administration (MCGA).
Spot thermal coal prices moved sideways on March 14 across major transfer ports in northern China, as sellers and buyers waited for hints amid uncertainties to make next moves, adding to the trading s
Vietnam is forecasted to produce and import 284.5 TWh of electricity this year, 16 TWh or 6% more than 2022, local mediate reported.
The forecast is also 11.3%, or 29 TWh greater than 202
China's portside thermal coal market started the week with prices almost unchanged from late last week amid a lack of clarity about the near-term outlook.
Demand remained soft, but there
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