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China's portside thermal coal prices remained stable but the market cautioned the consistent mismatch between supply and demand would drive the prices down.
On March 31, 5,000 Kcal/kg NAR
Some Chinese end-users and traders are keeping
close tabs on Australian coking coal prices, with narrowing price spread compared
with similar-quality domestic supplies after continued sharp falls.
Indian power generators showed growing appetites in seaborne import coal after weeks of silence due to a projected supply shortfall by the power ministry in the June quarter.
A letter iss
China's thermal coal market at production regions ended the month of March with continued minor fluctuations across most coal grades, while many market participants expressed their concerns about pric
China's extension of zero tariffs on coal imports until the end of this year is conducive to stabilize domestic energy supply and help lower costs for companies that rely on the use of imported coals,
India's coal
imports to surge again on peak summer demand?
The massive surge in coal consumption led
by ever-expanding power demand has left India scrambling to secure adequate
supplies desp
China's steel
PMI falls below 50 again in Mar
The Purchasing Managers' Index (PMI) in
China's steel sector, an economic indicator for the industry, fell to 48.4 in
March, after re...
&
India is exploring coking coal sourcing options beyond Australia, its largest supplier, as it taps into new markets like Mongolia, while it firms up plans to ramp up production at its own mines in Moz
China will see more Australian coking coal cargoes arrive after the lifting of unofficial import ban, yet market participants should not be over-optimistic about the growth in the long run, Yuan Qian,
Thermal coal
Production area Some miners that over cut prices started to see slight improvement in sales with more trucks coming for loading after the nation's top miner maintained its buy pr
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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
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
Russian Energy Minister Nikolai Shulyginov said that the beginning of 2023 saw a decrease in coal production in the country, but is expected to balance out by the end of the year to maintain the level
China's portside thermal coal market remained relatively stable on March 30, with minor fluctuations across different grades, although traders were concerned over a price decline amid reduced support
China's coal supply and demand fundamentals in 2023 are expected to remain stable in the year of 2023, amid intensified supervision over fulfillment of term contracts, as expected by China National Co
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,
South African Public Enterprises Minister Pravin Gordhan will lead a delegation to China in April in hopes of resolving an ongoing dispute with Chinese rail equipment maker CRRC E-Loco.
T
South Africa's coal producer Thungela Resources is attempting to acquire assets from overseas, as long-standing bottlenecks of domestic railway transport are restricting its exports.
The
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
The Purchasing Managers' Index (PMI) in China's steel sector, an economic indicator for the industry, fell to 48.4 in March, after returning to expansion territory in February for the first time since
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