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Despite largely unchanged, China's domestic thermal coal prices showed signs of rise on May 17 as more inquiries emerged in the market, traders noted.
Benchmark 5,500 Kcal/kg NAR thermal
China's regional coking coal markets embraced sales and price upticks, bolstering confidence after over a month of decline, yet challenges arose after some steelmakers further pressed down coke prices
Power consumption further climbed in China's industrial sectors on a year-on-year basis in April, indicating continued recovery of industrial activities, with the building materials industry posting t
Concerns over coal supply have been raised in China's thermal coal market after more than 30 opencast mines were instructed to stop new capacity additions in Inner Mongolia and safety inspections inte
Thermal coal
Production area Miners in Ordos of Inner Mongolia and northern Shanxi saw inventory increase as downstream users only placed on-demand orders and prices in these areas remained und
China's top coal-producing province Shanxi has
decided to carry out a six-month special inspection on coal mine water hazards
prevention and control starting from May, the National Mine Safety Admin
China Shenhua Energy Co., Ltd., the country's largest listed coal producer, reported its commercial coal output was down 2.6% year on year and 4.4% on the month to 26.1 million tonnes in April, accord
China Coal Energy Co., Ltd, the listed arm of China National Coal Group, produced 11.12 million tonnes of commercial coal in April, up 21.8% from the preceding year, said the company in a statement re
India's coal imports in March continued to climb with a sequential rise of over 10%, yet were still significantly lower compared with the year-ago level.
Coal imports of India came in at
Coal inventories have spiked at China's transit ports, not only ports in the Bohai-rim region, but also ports close to consuming areas, raising speculations that the prices couldn't gain momentum this
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Coal inventory at China's major transshipment port of Qinhuangdao extended the increase last week backed by strong inflows, which hit the highest since late September 2022, Sxcoal's data showed.
Amidst expectations of consistent improvement in hydropower generation in China, the thermal coal market could face further weakening of demand from coal-fired power plants and subsequent downside pre
A large coal mine with annual capacity of 6
million tonnes is expected to commence operation late this month, local media
reported, helping support the "West-to-East" power transmission
project.
Indonesian thermal coal prices still stayed unchanged on May 12 amid rain-related supply disruptions in key producing areas.
There were limited offers/bids in the market, despite reports
China's production of coal, coke, crude steel and other main industrial products in Apr 2023.
China and Russia have shifted a large part of their energy trade, including oil and coal to yuan instead of dollars amid the sanctions on Russia's financial institution, Reuters reported, citing multi
South Africa's troubled state-owned power company, Eskom, is seeking assistance from China to combat the country's severe electricity shortages, according to a report by Financial Times.
China faced a significant power shortage at
the end of the summer peak consumption period in 2021, and since then, efforts
have been made to mitigate such challenges and ensure stable power supply
China's coking coal market kicked off the week with a mild improvement in both prices and sales of certain coking coal grades with crossover use for power generation, adding to the likelihood that pri
Indonesian thermal coal prices stayed flat on May 16, although weakened demand raised expectations of price declines in the near term, according to market sources.
June-loading Panamax ca
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