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China's coking coal market has maintained a downward trend since mid-March amid growing supply but prudent buying among downstream users. The pace of decline has accelerated somewhat this week followi
China's thermal coal miners still saw further price drops in the near term, as the demand remained slackened.
On April 6, among 20 Sxcoal-surveyed thermal coal miners, eight miners
Domestic thermal coal prices moved downward at northern China transfer ports as demand remained weak after the Qingming Festival.
On April 6, the benchmark 5,500 Kcal/kg NAR thermal coal
China's metallurgical coke prices remained generally stable in major production areas in March amid continued price tussle between coking plants and steel mills as well as stable supply-demand fundame
Infographic | Indonesia coal exports in Feb 2023
China's PCI coal prices were supported in early March as supply was tightened by mine safety inspections and increase in rigid demand from rebounding capacity utilization at mills.
Yet th
Newcastle thermal coal futures increased notably amid rosy demand outlook on the back of major oil producing countries' decision to cut production.
The May contract on the ICE closed at $
China's coking coal prices weakened in March as coke producers intended to remain low stocks of the material, while coal mines continued to maintain relatively high production. Coking coal prices acce
Thermal coal
Production area With stable term contract delivery, most major miners did not face much inventory pressure. Downstream buyers remained in a cautious buying stance and were inacti
State-run Coal India Ltd (CIL) has set a lofty target of supplying 610 million tonnes of coal to power plants in the financial year 2023-2024, the company said in a statement on April 5.
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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
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 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,
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