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Indonesian thermal coal prices remained unchanged largely on April 17, but perceptions about the market direction were mixed.
Traders noted utilities had abandoned some tenders for May-lo
Some thermal coal miners in northern China are expecting mine-mouth prices to stabilize in the near term, given the tick-up of coal burns at power utilities amid increased industrial demand.
China's domestic thermal coal prices stabilized at northern ports late last week due to increased inquiries, especially for 5,000 Kcal/kg NAR coal, providing some relief to sellers. Yet, headwinds rem
China's portside thermal coal prices edged up slightly at the beginning of the week, as demand from utilities gradually picked up in spite of their high inventories.
On April 17, offer pr
Infographic | S. Korea coal imports in Mar 2023
Coking coal sales still lacked strength in major production areas of China, as coke firms avoided replenishment and intended to further press down feed coal costs amid the new round of coke price cuts
Long-term primary coking coal prices of China's Huaibei Mining Holdings Co., Ltd. in the second quarter of this year has roughly kept flat over the previous quarter and the fourth quarter of last year
Thermal coal
Production area Thermal coal prices continued the weak run, but some miners started to see improvement in sales after several rounds of price cuts and stabilizing of the port-sid
China's coking coal market sentiment continued to cool down after the second round of coke price decline was realized quickly. Coke and steel makers remained cautious about purchases, and sidelined se
China's metallurgical coke market completed the second round of price cuts last week, but the overall sentiment remained weak with still tepid buying appetite from steelmakers and traders. Some steelm
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Global mining giant Glencore and Japanese power producer Tohoku Electricity Power have possibly entered into a long-term contract for supplies of thermal coal from Australia at around $200/t FOB, acco
India's coal imports were 148.58 million tonnes during April 2022-February 2023, the first 11 months of the fiscal year 2022-23, marking an increase of 32% from 112.38 million tonnes in the same perio
Russia's seaborne coal exports totaled 14.38 million tonnes in March 2023, climbing 21.57% from the preceding month and marking the first rebound after four straight months of decline, according to Kp
China's domestic thermal coal prices continued to move downward, struggling to find support amid abundant availability and weak demand.
On April 11, prevailing offers for the most-traded
Germany's hard coal imports stood at 3.24 million tonnes in January, down 10.12% year on year, preliminary data from German Statistics Bureau showed.
The imports increased
China's imports of coal, natural gas, iron ore, steel products, etc.
China's coking coal prices are facing further downward risk in major production regions as sales remained stagnant with little support from recent price cuts.
On April 11, CCI index
After falling for weeks, China's portside thermal coal market has seen increased inquires that help put an end to the downward trend, market sources said.
Inquiries improved in the market
Canadian diversified miner Tech Resources completed its metallurgical coal sales target for the first quarter and continued to gain profit thanks to robust selling prices.
The company sol
India's power generation grew at an unprecedented rate of 11.5% in the last fiscal year 2022-23, the highest in 33 years, mainly driven by increase in coal-fired generation.
The summer he