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Thermal coal
Production area Prices remained generally steady, except for individual corrections, yet sentiment marginally took a turn for better after a leading miner kept its buy prices for th
Mongolian Mining Corporation (MMC), a Mongolian coking coal producer listed on the Hong Kong Stock Exchange, reported a 196.8% year-on-year rise in revenue to $546 million in 2022, the company said in
India produced 185 million tonnes of coal and lignite in January-February, up 9.6% year on year, data from the Ministry of Coal showed.
State-owned Coal India produced 141 million tonnes
China coking coal, met coke and steel market key figures in focus.
Northwestern China's Ningxia autonomous region produced 14.85 million tonnes of coal from January to February, up 0.2% year on year, local economic planner said.
Production of gener
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.
China's portside thermal coal prices remained unchanged on March 22, as steady purchase price of the nation's top miner for third-party coal partly offset worries of further downside.
On
Thermal coal prices in China's production
heartlands stabilized from the downtrend started from the beginning of this
week, giving confidence to miners for the near-term market.
China's metallurgical coke market came under pressure amid weakened cost support from the upstream sector and signs of a downtrend in the downstream market.
Coking coal miners in major pr
Newcastle thermal coal futures closed slightly higher on March 21 after falling for six consecutive sessions as turmoil in the global financial system has eased and boosted optimism in the economic ou
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Indonesia's Ministry of Energy and Mineral Resource (ESDM) has released its thermal coal reference price (HBA) for March, the first use since the formula for calculation was changed.
Acco
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
Coking coal prices showed signs of a downward spirl in major producing areas of China due to a lack of buying strength from coke firms, some miners informed.
On March 20, CCI Index
Newcastle thermal coal futures edged lower in tandem with underperformance of energy commodities amid spillover uncertainty due to concerns over the financial stability after closure of the Silicon Va
The U.K. National Grid has announced that the government is considering reserving some coal-fired power plants as backup power for next winter to ensure sufficient electricity supply.
How
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 month, showed data from Australian Bureau of Statistics.
India targets higher domestic production and plans to reduce its dependence on imports despite the global geopolitical turmoil that put pressure on supply chain.
The country is expe
China's portside thermal coal prices started the week lower as high stockpiles at all links and weakened coal consumption curtailed demand. Some utilities looked to scale up imports and canceled plans
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
Coal inventories at China's major transshipment port of Qinhuangdao stayed generally flat on March 17 compared with a week ago along with growing but matched inflows and outflows.
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