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China's portside thermal coal prices edged down on April 21 as downstream buyers slowed procurement, bringing the market to a standstill again.
On April 21, benchmark 5,500 Kcal/kg NAR th
Australian coal exports to India are expected to increase in 2023 as a bilateral free trade agreement takes effect, Bob Huang, business development manager of Adani Global Pte. Ltd., said during an in
Sustained prudence from coke firms and traders have led to buildup of coking coal inventories at major production areas to a comparatively high level, weakening miners' pricing power and putting downs
China's thermal coal miners became more optimistic about the market and hoped coal prices to stabilize in the near term, as unusual snowfalls hit most parts of main production areas in Shanxi and Inne
China's coal pricing policy currently does not fully accommodate the wide cost differences among coal mines in major producing provinces.
The government-set price ranges are either too na
The National Energy Administration has called on major miners and main production areas to speed up the implementation of mart-mining' technologies to benefit production safety and efficiency, accordi
China 2023
thermal coal supply expected to be loose, prices move down
China's thermal coal market is expected to
see loose supply-demand balance in 2023, putting downside pressure on prices,
Yancoal Australia's
Jan-Mar raw coal production down 17% YoY
Yancoal Australia's attributable raw coal
production reached 8.30 million tonnes in January-March, down 17% year on year
and 8%
Russia's coal production totaled 35.24 million tonnes in February, up 0.84% month on month, showed data from the Russian Federal Statistical Service.
The production in February came 2.35%
The top five Chinese provinces – Hebei, Jiangsu, Liaoning, Shandong, and Shanxi produced 45.22 million tonnes of pig iron in March, accounting for 57.9% of the country's total, according to data relea
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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
China's production of coal, coke, crude steel and other main industrial products in Mar 2023.
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
Coal inventories at China's major transshipment port of Qinhuangdao declined last week to hit the lowest since late March, as inflows declined fast in wake of the maintenance to Daqin railway.
China Shenhua Energy Co., Ltd., the country's largest listed coal producer, reported its commercial coal output was down 1.8% year on year but up 5.4% on the month to 27.30 million tonnes in March, ac
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
Thermal coal
Production area Major production areas saw continued decline in prices, despite individual 10-20 yuan/t upward corrections. Downstream users only maintained on-demand purchases,
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
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 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
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