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Indonesian thermal coal prices found support in firmly-placed Chinese import tender results and rising Chinese domestic spot prices, yet the seaborne import market still lacked direction as the overal
Thermal coal prices at northern China ports continued to rise for the third day on April 18 after declining for weeks, but demand has softened, traders said.
On April 18, benchmark 5500 K
Bearish sentiment in China's metallurgical
coke market weighed on the upstream coking coal mines, with the prolonged
buying prudence prompting miners to keep cutting prices to spur sales.
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China's thermal coal miners generally reported increased inquires and more trucks coming for coal loading as offer prices at port-side market picked up with demand from utilities.
China produced 120 million tonnes of coke during January-March, rising 3.8% year on year, according to data released by the National Bureau of Statistics.
March production came in at 41.7
Thermal coal
Production area The market extended weakness in main production areas. Miners mainly focused on supply guarantee and long-term contract delivery, while spot buyers stayed on the si
China churned out 417.22 million tonnes of raw coal in March 2023, rising 4.3% from a year ago, showed data from National Bureau of Statistics on April 18.
The growth slowed down by 1.5 p
China's industrial sectors registered a 4.4% year-on-year growth in power consumption to 1,360.2 TWh in the first quarter this year, showed the latest data from the China Electricity Council.
China's production of coal, coke, crude steel and other main industrial products in Mar 2023.
Coal exports from the three major North Queensland terminals were 11.29 million tonnes in March, up 7.55% from a year earlier and 17.99% from February, showed data from North Queensland Bulk Ports Cor
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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
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
China's imports of coal, natural gas, iron ore, steel products, etc.
Indonesia's coal exports in March posted over 20% year-on-year and month-on-month growths, to a new high since January 2018, Kpler's cargo-tracking data showed.
In March, Indonesia export
Mongolia's coal exports totaled 13.78 million tonnes during January-March 2023, surging 11.26 million tonnes or 446.17% year on year, showed data from the Mongolian Customs General Administration (MCG
CORRECTION: This is to correct in the originally published article titled "Mongolian Gashuunsukhait border port's coal exports hit record 260 Kt". We have double checked relevant data and further conf
China's cement industry faced significant headwinds in 2022 due to the downturn in the property market and other factors.
According to Anhui Conch Cement, the cement industry's total prof
Chinese utilities and traders are tentatively returning to the domestic thermal coal market as prices have dropped to the lowest since mid-February after falling for nearly one month.
On
Several thermal coal miners contacted by
Sxcoal expressed pessimism about the near-term market and were worried about
further price drops, as no strong support enough to reverse current downside
tr
China's coal imports surged to the second highest in March, just below the all-time high registered in January 2020, showed the latest customs data released on April 13.
The country
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