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The outbound rail coal shipments from northwestern China's Xinjiang to other provinces reached 14.26 million tonnes in the first quarter of 2023, up 21.1% year on year, local media reported.
China coking coal, met coke and steel market key figures in focus.
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.
Many Chinese thermal coal traders opted to directly sell their cargoes to CHN Energy, or Shenhua, at rail stations, instead of transporting and then selling at northern ports, as the cost eclipses the
India unveiled a five-year clean energy plan to reduce its greenhouse gas emissions by 45% from the 2005 level by 2030, according to the memorandum released by the Indian government on April 3.
China's thermal coal pithead market witnessed more downside in recent days, as demand from power utilities and heating plants further scaled down with the end of heating season.
Most nort
China's domestic coking coal prices weakened on April 4 as the first round of coke price cuts contributed to cautious purchasing sentiment.
On April 4, the CCI Index for Shanxi low-sulfur
China's lump anthracite prices continued downtrend in March, while anthracite supplies remained loose as capacity utilization and production both increased.
However, downstream sectors ma
Thermal coal
Production area A few mines in Ordos of Inner Mongolia reduced or even halted production due to snow and maintenance, while most miners maintained normal production. Not many tru
Japan's coal imports in February posted an over 11% month-on-month decline, mainly due to slumped imports from countries likely Australia, Canada and Russia.
The island country's coal imp
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China's proven coking coal reserves can hardly meet the demand for maintaining the country's long-term economic stability at current consumption levels said Guo Lijuan, Deputy Director of Sales and Tr
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,
Mongolia will respect already signed coal off-take agreements, while keeping trade in the Mongolian Stock Exchange for new deals, and all coal trade for export is expected to go through the exchange s
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.
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,
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
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
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 portside thermal coal prices were broadly unchanged as activity is typically dull at the beginning of a week, but traders cautioned the market would start move down soon.
On April
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