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Australia's export revenue is projected to reach a new record high this financial year, according to the Australian government's five-year outlook update.
Driven by an increased demand fo
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.
Turkey imported 2.69 million tonnes of coal in February, up 0.53% from the preceding year but down 8% from a month earlier, a new low since June last year, the country's trading statistics showed.
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
China's domestic thermal coal prices dipped slightly last week as end users didn't increase their buying interest during the seasonal low-consumption period. The seaborne market also edged lower as Ch
China's coking coal prices moved down as the extended buying prudence following coke price reduction forced miners to further lower prices.
On April 3, the CCI Index for Shanxi low-sulfur
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
Thermal coal
Production area Coal prices stayed generally steady. Affected by tepid demand, buying appetite from railway stations and traders was quite flat. Most mines were not faced with in
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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
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 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 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 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
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
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
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