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China's lump anthracite prices continued downtrend in March, while anthracite supplies remained loose as capacity utiliz......
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The thermal coal market in China's main production regions lost more strength after the top coal miner lowered its purchasing prices for third-party coal. Sources disclosed that China's t
China's domestic thermal coal prices posted big declines at the beginning of this week, due to a combination of weak demand and sufficient supply, curtailing the outlook for potentially strong restock
China's domestic thermal coal market dropped moderately for the second consecutive week, as utilities were still relying on long-term contract supply to replenish their stocks, while non-power end use
China's metallurgical coke prices remained under downside pressure as some large steelmakers proposed to cut coke prices by another 50-100 yuan/t just days after the first round of price cuts.
Thermal coal Production area Demand remained weak as a whole, as participants mainly placed orders on a need-to basis. Some miners' online auctions continued to settle lower. Inventory pressu
China State Railway Group delivered 398 million tonnes of power coal during January-March 2023, rising 13% year on year, in response to the country's supply guarantee request for the winter heating pe
China's metallurgical coke market completed the first round of price cuts last week, yet sustained weak buying interests of steelmakers continued to put further downside risks on the material.
Coal shipments via China's Daqin railway increased significantly in March, possibly to make up for the supply decline in April when it undergoes routine spring maintenance. Last mo
Coal inventories at China's major transshipment port of Qinhuangdao extended the rise to notch a new high since mid-April 2020, as inflows still outpaced offtakes despite decline in both compared with
China's coking coal producers faced increased selling pressure last week, with further price drops reported as coking plants became more cautious about purchases after first round of coke price cut.&n
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 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
Mongolia's Tavantolgoi JSC started its first shipment of coal for export by rail on April 5, Montsame reported. On April 5, 1,395 tonnes of coal in 44 containers carried by 22 wagons were
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
Daqin Railway, known as China's No. 1 heavy-duty line, has started a 30-day spring intensive maintenance from April 6, which will make it the longest since the line was opened and also the intensive m
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 $
Prudent procurement prevailed in China's coking coal market, as participants expected rising inventories to continue to drag down prices of the steelmaking material. On April 7, the
China's portside thermal coal prices continued to move downward under the pressure of high stockpiles and low demand amid mild spring weather. On April 7, benchmark 5,500 Kcal/kg NAR coal
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.
The prices of both long-term contract and spot coking coal supplies in China are likely to move downward in 2023, as some of the anticipated supply increment may not be consumed immediately despite pr