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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.
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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
India produced 107.84 million tonnes of coal in March, up 12.03% from 96.26 million tonnes in March 2022, the Ministry of Coal said.
According to the provisional statistics of the coal mi
Shanxi produced 335 million tonnes of coal during the first quarter in 2023, rising 8.9% year on year and hitting a new high for a single quarter in history. It ranked first in output among other prov
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.
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
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
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
Several thermal coal sources at China's main production areas expressed relief about price drops in the near term, citing reduced coal deliveries to northern ports during the spring maintenance of the
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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
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
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
China's 10 largest coal mining groups (in terms of production) produced 377.45 million tonnes of raw coal during January-February 2023, rising 11.88 million tonnes or 3.25% year on year, according to
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
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
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
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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