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Trading activity slowed palpably in the spot market at northern
China's Bohai ports, as traders prepared for holiday leaves at the last day
before the May Day holidays, with some already retreated f
China's metallurgical coke prices accelerated decline in April due to weakened cost and demand support as coking coal prices continued to fall and steel mills' purchases still lacked strength.
Coking coal sales showed little improvement in major production areas of China, despite consecutive price cuts, prompting miners to further reduce prices.
On April 28, the CCI index
Not many changes were seen in the thermal coal market in northern China on the final work day before the May Day holiday, as market participants stayed off trade activities and waited to make a move a
Thermal coal
Production area Thermal coal prices in major production areas showed signs of stabilizing. The pre-holiday demand for a few price-competitive coal grades increased, driving prices
Key power plants in central China's Hubei province received 15.89 million tonnes of coal from other provinces in the first quarter of 2023, surging 1.83 million tonnes or 13% year on year, showed data
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Chinese miners' coal output up 3.52% YoY in Jan-Mar 2023
China's 10 largest coal mining groups (in
terms of production) produced 588.39 million tonnes of raw coal during
January-March
Indonesian
thermal coal market stalls; outlook still unclearing
Indonesian thermal coal prices have
remained roughly stable, but China's domestic prices of the power-generating
fuel picked up
China's coking coal prices posted aggressive price drops in April, surpassing 400 yuan/t in the month. Coal mines maintained high capacity utilization rate. As thermal coal demand softened, some blend
Jizhong Energy Resources Co., Ltd, reported a 62.73% year-on-year increase in net profit attributable to shareholders in 2022, mainly owning to higher coal sales and selling prices, according to its a
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Emerging fifth round of coke price cuts compounded the demand outlook for coking coal in China and further weighed on prices of the cokemaking material.
With several mills starting
Indonesian thermal coal prices have remained roughly stable, but China's domestic prices of the power-generating fuel picked up, stoking bullish sentiment, while Chinese utilities still bargained hard
Thermal coal prices at China's main
production areas still lacked support for rebounds in the near term, since the
demand from the downstream sectors remained slack.
The abs
China coking coal, met coke and steel market key figures in focus.
China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.
A vessel loaded with 80,000 tonnes of Australian coal docked at northeastern China's Lianyungang port lately, marking the return of coal shipments from Australia after two years of absence, local medi
China's thermal coal imports were close to the 30 million tonnes mark in March 2023, reaching a new high since January 2021 and the highest for the same month in history.
China imported 2
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
Mongolia's coal shipment through railway was registered at 1.27 million tonnes in March, up 34.04% compared with the preceding year but falling 2.04% from a month earlier, down for the second consecut
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