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China's portside thermal coal market remained flat at the start of the week, as downstream buyers were still hesitant to take positions, without any meaningful signs of reference as to the market dire
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
China's domestic thermal coal prices fell slightly last week amid loosened supply after Daqin railway ended month-long maintenance, high stockpiles and flat consumption at coastal utilities. However,
China's coking coal market extended weakness in the past week, with sentiment hit by the seventh cut of coke prices. Large inventory pressure caused further decline of some coking coals, with prices d
Thermal coal
Production area Mine-mouth coal supply slightly retreated as a few mines in Yulin, Shaanxi suspended production due to longwall change and maintenance. Most mines still maintained
Infographic | India coal imports in Mar 2023
China's metallurgical coke market completed the seventh round of price cuts, sending the total decline to 500-600 yuan/t since April. Even though some coke firms restrained production afterward, the o
Australia's newly formed government has granted approval for a new coal mine, the Isaac River coal mine, located in central Queensland.
Tanya Plibersek, the Australian Federal Minister fo
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.
The United States' coal-fired power plants are expected to see a significant decline, with capacity decreasing by over 50% from 2022 levels by 2050, Reuters reported, citing the U.S. Energy Informatio
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Chinese traders continued to lose appetite for Mongolian coking coal with fading price advantage over domestic supplies in addition to lackluster demand from the downstream coking plants.
China's portside thermal coal prices fell again for the third consecutive day on May 10 as end users remained on the sidelines, expecting further declines in the near term.
At northern po
Indonesian thermal coal prices remained unchanged, as available cargoes tightened amid adverse weather conditions, despite reduced Chinese demand.
Chinese demand for Indonesian coal has b
Australian coal miners are gearing up for a battle over emissions limits as the government proposes using "industry averages" to determine the restrictions.
This policy could have signifi
China's metallurgical coke market completed the seventh round of price reduction on May 10, yet the near-term price direction awaits more clues in the market.
Two leading steelmaker
China's robust coal imports so far this year have built inventories at coastal power plants to high levels, likely curbing their appetite for purchases during peak summer demand and weighing on prices
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.
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 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
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