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China's domestic thermal coal prices continued to move downward, struggling to find support amid abundant availability a......
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.
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
Teck Resources on April 10 reinforced its rejection of an unsolicited $22.5 billion bid from Glencore, and told shareholders its restructuring plan was the only viable option, Reuters reported.
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
Thermal coal prices dropped faster at China's main production areas from the start of this week, as miners faced rather bearish demand from both local and long-haul buyers. On April 11, t
South Africa's coal exports in February posted clear year-on-year and month-on-month drops, marking new ebb of the same month since 2017. The country exported 5.3 million tonnes of coal i
International thermal coal markets were mixed over the past week, with Australian and South African high-quality coal prices being relatively firm, while the weakening of the Chinese domestic market n
Thermal coal Production area Prices continued to fall, as power plants mostly maintained on-demand purchases and traders temporarily suspended buying amid price downside expectation. Some min
China's PCI coal prices extended the decline last week, as bearish sentiment prevailed in the market with the sustained tepid sales at mining areas. On April 6, Fenwei CCI index for Chang
China's coastal coal freight rates were on the decline for the second consecutive week as vessel demand remained lukewarm on the back of seasonally low demand of the fossil fuel. The Chin
China's anthracite prices declined clearly during last week as the downstream remained inactive about purchases. Coal stock pressure at some mines increased amid unsmooth sales. Chemical
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
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 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
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
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.