Weekly global coal market news summary (Apr 10-Apr 14)

sxcoal.com 2023-04-14 16:15:50

Indonesia Mar coal exports hit another record high, Kpler

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 ...

 

Australia's Gladstone Mar coal exports rebound clearly

Coal exported through Gladstone posted notable rebound in March, according to data from Australian Gladstone Ports Corporation. ...

 

Mongolian Gashuunsukhait border port's coal exports hit record 260 Kt

Mongolia's Gashuunsukhait border port, connecting China's Ganqimaodu border crossing, exported 260,000 tonnes of coal on April 11, no...

 

Mongolia exports almost 6 Mt coal to China in Mar

Mongolia's coal exports totaled 13.78 million tonnes during January-March 2023, surging 11.26 million tonnes or 446.17% year on year,...

 

Glencore, Tohoku agrees to set long-term contract thermal coal price at $200/t

Global mining giant Glencore and Japanese power producer Tohoku Electricity Power have possibly entered into a long-term contract for...

 

Newcastle Mar coal exports up nearly 11% to 3-yr high for same period

Coal exports from Australia's Newcastle port increased by nearly 11% month on month in March, up for the second month in a row and al...

 

Glencore raises the stakes in Teck takeover

Glencore has added $US8.2 billion in cash to its initial $US23 billion takeover offer for Canadian miner Teck Resources. ...

 

Newcastle thermal coal prices in modest gain on Asian demand

Newcastle thermal coal futures reopened on April 11 with a small rise after Good Friday and Easter as traders were optimistic about t...

 

Review: Indonesia's Feb coal exports at record high

Indonesia's coal exports in February rose nearly 5% from the month prior, hitting a new high of the same month. The coun...

(Writing by Rebecca Liu  Editing by Harry Huo)
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2 Indonesia lowers Apr HBA thermal coal price benchmark to $265.26 2023-04-19

Indonesia has lowered its thermal coal reference price (HBA) for April using a revised formula, according to the latest data from the Energy and Mineral Resources Ministry. The min

3 China Coal Daily Track (Apr 19) 2023-04-19

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4 China's CCIA members' Feb coke output up 6.27% YoY 2023-04-19

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5 China vows to crack down on irrational rally in iron ore prices 2023-04-19

China's National Development and Reform Commission (NDRC) pledged on April 19 to curb unreasonable increases in iron ore prices and promote stable operation of the iron ore market. In res

6 Vale Q1 iron ore output up 5.8% on yr 2023-04-19

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7 China's coal output hits record high as demand recovers, economy stabilizes 2023-04-19

China's coal output surged to a record high in March, as demand for the fuel recovered and the government primed supply to support economic growth. Raw coal production climbed 4.3%

8 Weekly: China's PCI coal prices extend decline on lukewarm demand 2023-04-19

China's PCI coal prices remained on the downtrend last week, with miners adjusting down prices to attract buying interests while most steel mills continued to keep prudent purchase. On Ap

9 China Q1 coal industry capacity utilization at 73.8%, power industry 71.9% 2023-04-19

The capacity utilization rate of China's coal mining and washing industry was 73.8% during the first quarter, a decrease of 1.1 percentage points from the same period of the previous year, and a 1.6 p

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1 Glencore, Tohoku agrees to set long-term contract thermal coal price at $200/t 2023-04-13

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

2 China's portside thermal coal prices stabilize on emerging demand 2023-04-13

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

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4 Indonesia Mar coal exports hit another record high, Kpler 2023-04-14

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

5 Mongolia exports almost 6 Mt coal to China in Mar 2023-04-13

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

6 China's coal prices on track to back down to normal range, Conch Cement 2023-04-17

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

7 Mongolian border ports' coal exports hit record 260 Kt 2023-04-13

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

8 China's portside thermal coal prices edge up on growing demand 2023-04-14

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

9 China Mar coal imports surge to the 2nd highest in history 2023-04-13

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

10 China's thermal coal miners bearish on near-term pithead prices 2023-04-13

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