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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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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 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 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 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
Increased maintenance schedules for blast furnaces in China have raised concerns that coking coal and coke demand could continue to decline, adding to the downside pressure on prices and compounding b
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 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
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
Coal production of Mongolia came in at 5.95 million tonnes in March, surging 281.46% year on year and rising 19.36% month on month, showed data from the National Statistical Office of Mongolia.
Thermal coal prices at China's main production hubs were in mixed trends. Coal prices in Shanxi and Inner Mongolia remained quite flat so far, while that in Shaanxi picked up marginally amid mines' su
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