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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
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
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
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
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
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
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
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
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
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
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Infographic | China coal imports in Mar 2023
Infographic | China's raw coal production by province in Mar 2023
China's coking coal prices are expected to further fall amid loose supply-demand fundamentals and a worsening demand outlook for coke alongside talks of wider steel production cuts.
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
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
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
China's portside thermal
coal prices had trended lower since mid-March on overall weak fundamentals, but
a recent rebound reflects improving market conditions.
Qinhuangdao 5,500 kcal/kg
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,
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
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.
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