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The spot thermal coal market at northern China ports remained stagnant, with sellers firm in offer prices on high costs and buyers waiting for more price corrections.
The situation has ca
China's coking coal sales remained subdued as prudence prevailed among coking plants and trades, while sentiment continued to cool down by decline of settlement prices or failures for online auctions.
Thermal coal market in China's northern production hubs showed little changes from the day prior as supply-demand fundamentals remained in a balance.
The weekly survey conducted by Sxcoal
China's meteorological authority has forecasted three rounds of rainfall to occur in some places of southern China, which will bring a respite for the nation's strained hydropower generation.
Australia's
Jan coal export value falls 20.6% YoY
Australia earned A$9.59 billion ($6.43
billion) in January from coal exports, dipping 0.64% from a year ago and down
20.6% on the mon...
China Feb
power consumption up 11% on yr
China's electricity consumption increased
11% year on year to 695 TWh in February, showed data from the National Energy
Administratio...
Thermal coal
Production area Prices remained stable in major production areas as a whole, and only a few mines adjusted prices. Miners continued to focus on term contract supplies. Traders st
China's raw coal production during January-February this year notched the highest for the same period in history, yet its year-on-year growth significantly shrank to 5.8%. Potential decline of product
Northwestern China's Qinghai province generated 14.86 TWh of power in January-February, down 3.8% year on year, local energy administration data showed.
Hydropower output fell 18.3% on th
Wari railway, a key channel to ship coal from Shanxi province to eastern provinces in China, kicked off spring maintenance on March 16, state media reported, citing operator CR Taiyuan Group.
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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
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.
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).
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
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
Chinese buyers remained inactive in importing Australian coking coal even though the import barrier has been gradually lifted, partly due to cheaper domestic supplies and price-competitive alternative
China's coal imports from Australia are expected to increase as all domestic companies are reportedly allowed to resume the coal trade with the country.
Ports and customs offices have bee
China's portside thermal coal prices remained flat as market participants stood on the sidelines for more clues. Some traders expected demand from the cement industry to pick up and drive coal prices
China churned out 734.23 million tonnes of raw coal during January-February 2023, rising 5.8% from a year ago, with the growth expanding 3.4 percentage points compared with December, showed data from
China registered a 71.4% year-on-year surge in coal imports to 60.64 million tonnes during the first two months of 2023. While the higher growth mainly resulted from the lower year-ago imports, the Ja
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