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Chinese end users remained inactive in buying Australian coking coal, due to its low price competitiveness despite a significant decline in prices in the past week.
This came alongside su
The overall situation of thermal coal supply and demand in China remained loose in February, with the supply exceeding the demand despite both falling from a month earlier.
According to S
India's coal minister Pralhad Joshi has announced that the country will begin exporting thermal coal by the fiscal 2025-26 and stop imports of some grades, anticipating an increase in domestic product
Newcastle thermal coal futures for the April contract on the ICE closed at $192.75/t, slightly strengthening by 0.39%, with the positive sentiment barely outstripping the negative.
This c
Thermal coal
Production areaMost miners kept prices steady after leading miner maintained third-party coal purchase prices unchanged, yet still several miners made marginal up and downwar
Infographic | Japan coal imports in Feb 2023
Vietnam's coal production rebounded aggressively in February, with year-on-year growth over 20%, official data showed.
The country produced 3.84 million tonnes of coal in February, up 22.
China thermal coal market in figures (Mar 30)
China coking coal, met coke and steel market key figures in focus.
China's portside thermal coal prices continued to move range-bound as supply and demand dynamics remained lackluster, but increasing stockpiles at northern ports may push traders to accelerate sales,
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China will continue to implement zero-import tariffs for coal imports until the end of this year, according to a government document issued late last week.
The State Council's Tariff Comm
It has been more than seven months since the EU imposed a ban on Russian coal imports last August 11. In the meantime, European countries have been experiencing energy shortages, soaring prices and el
Mongolian imported coking coal prices continued to sink at China's Ganqimaodu border crossing, led by the bearish sentiment spreaded from the stanaency in the domestic market.
The m
Inventory of five major steel products in China's 21 cities fell 2.4% or 330,000 tonnes from ten days ago to 13.25 million tonnes on early March (March 1-10), according to data from China Iron and Ste
China's electricity consumption is expected to increase 6% from a year earlier in 2023, said one senior official with the China Electricity Council on March 24, unchanged from a prediction made at the
Mongolia's coal shipment through railway was registered at 1.26 million tonnes in February, up 32.21% compared with the preceding year but falling 14.58% from a month earlier, snapping the sixth strai
Global crude steel production fell 1% from a year ago to 142 million tonnes in February, showed data from the World Steel Association (WSA).
In February, the top ten crude steel producers
China's portside thermal coal market closed this week with a typically thinly-traded session as demand was dampened by poor consumption during the seasonal lull period.
On March 24, offer
Higher
Australian intake likely to curb China's demand from Russia
China's growing imports of Australian
metallurgical coal are likely to dampan its demand for Russian shipments,
although it
Thermal coal
Production areaMost miners maintained prices unchanged while a few made 5-20 yuan/t adjustments. Miners' inventories were not high owing to active dispatches of term contract
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