Global coal supply to maintain tight balance next 2-3 years

sxcoal.com General,  Viewpoint,  Import & Export,  International,  Thermal Coal 2023-04-24 15:37:19

Global coal supply is expected to maintain a tight balance this year and even in the next two to three years, Liu Shaoyi......


For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 South32 Jan-Mar coal output down 3% YoY, 2023 guidance down 7% 2023-04-26

Australian miner South 32 reported its coal production fell 19% from a year ago and declined 17% quarter on quarter to 1.44 million tonnes during January-March 2023, the company said in its quarterly

2 Some Chinese miners optimistic about thermal coal demand in May 2023-04-26

Several thermal coal miners in northern China's main production areas expressed optimism about the demand in May, as they estimated a strong round of replenishment from power utilities will come befor

3 China's power consumption expected to rise 6-8% YoY in 2023, state grid 2023-04-26

China's power consumption is forecast to increase 6-8% year on year to reach 9,160-9,330 TWh in 2023 amid an obvious rebound in the growth in the industrial and service sectors, Ouyang Changyu, deputy

4 China's online coking coal auction failure reveals cautious buy 2023-04-26

China's coking coal market continued to see partial failure in recent online auctions in major production areas of Shanxi and Inner Mongolia, indicating a continued prudent buying stance among coking

5 China's portside thermal coal decline narrows on sentiment shift 2023-04-26

Offer prices of thermal coal traded at northern China ports have showed slowdown of decline, as sentiment of sellers turned to be cautiously optimistic about the near-term market, though demand remain

6 South32 lowers production guidance for 5 mining operations 2023-04-26

South32 reduced its production targets in five mining operations in the fiscal year of 2023, involving coal, nickel, zinc, and alumina, due to adverse weather and other temporary impacts, according to

7 Germany Feb hard coal imports down 13.1% YoY 2023-04-26

Germany's hard coal imports stood at 2.63 million tonnes in February, down 13.11% year on year, preliminary data from German Statistics Bureau showed. The February imports also declined 1

8 China's nuclear power capacity under construction ranks 1st in the world 2023-04-26

China has 24 nuclear power units under construction, with a combined capacity of 26.81 GW, ranking first in the world, according to a blue book issued by the China Nuclear Energy Association (CNEA) on

9 Review: all Chinese provinces realize YoY rises in Mar coal imports 2023-04-26

China's coal imports in March realized both year-on-year and month-on-month increases, and all the importing provinces posted positive growths compared to the year prior. Ch

10 China Coal Daily Track (Apr 26) 2023-04-26

Thermal coal Production area More miners made price corrections backed by change in supplies. Supplies slightly tightened in Yulin, Shaanxi as some small-to-medium coal mines suspended productio

Most Read Articles

1 Infographic | China coal imports in Mar 2023 2023-04-23

Infographic | China coal imports in Mar 2023

2 Australian coal export to India to rise, China-bound flows see turnaround 2023-04-21

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

3 China's portside thermal coal prices slide, likely to range-bound 2023-04-24

China's thermal coal prices fell further at northern ports on April 24 as end users continued to resist higher offers, but traders expected no large declines but small fluctuation through the end of t

4 China 2023 thermal coal supply expected to be loose, prices move down 2023-04-21

China's thermal coal market is expected to see loose supply-demand balance in 2023, putting downside pressure on prices, Peng Xiaofang, an analyst with consultant Fenwei,saidduring an indu

5 Indonesian coal prices steady amid holidays, outlook unclear 2023-04-24

Indonesian thermal coal prices have remained stable in recent days, as miners are away from work for holidays, while Chinese power plants slowed tender invitations after strong purchases earlier this

6 Review: China Mar coking coal imports surge with high Mongolian, Russian supplies 2023-04-25

China's coking coal imports surged 156.4% year on year and climbed 39.5% month on month to 9.65 million tonnes in March, backed by the strong increase in the intakes from Mongolia and Russia, customs

7 Glencore Q1 thermal coal output down 5.6% YoY; annual guidance unchanged 2023-04-23

Global mining major Glencore produced 26.90 million tonnes of thermal coal in January-March 2023, down 5.6% from 28.50 million tonnes a year ago, the company said in its quarterly report on April 21.

8 Persistent coke price cuts compound Chinese coking coal downside pressure 2023-04-24

China's coking coal prices are likely to further decline in the wake of the fourth round of coke price cuts, as coking plants became more intended to press down material costs and prudent in place ord

9 Weekly China coal market news summary (Apr 17-Apr 21) 2023-04-21

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,

10 China's coal price policy needs to adapt for high-cost mines 2023-04-21

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