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Semirara Mining and Power Corp., the largest coal producer in the Philippines, said it will export 50,000 tonnes of coal to Japan's Shikoku Electric Power Co Inc., part of the move to diversify export
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.
China coking coal, met coke and steel market key figures in focus.
Indonesian thermal coal prices moved lower to win over Chinese buyers from competition with Chinese domestic coal, whose prices have been falling rapidly in recent two weeks, traders noted.
Declines decelerated in China's spot thermal coal market after benchmark prices fell below the upper limit of medium- and long-term contract price range.
On June 2, benchmark 5,500 Kcal/k
Most mines in China's main thermal coal production regions continued to lower their offer prices as sales showed no significant signs of improvement following previous price cuts.
On June
Coal inventory at China's major transshipment port of Qinhuangdao slightly pulled back during the week ended on June 2, partly as inflows declined amid high port-side inventory and on-hand stocks at p
Russia's coal production rose for the third consecutive month in April, according to data from the Russian Federal State Statistics Service.
The country's coal output reached 36.7 million
While coking coal miners continued to deliver cargoes to meet existing commitments, the weakening buying strength from coking plants is adding uncertainty to their ability to maintain the pace of dest
Turkey Apr
coal imports fall to 11-mth low, yet up 17.7% YoY
Turkey's coal imports in April rose 17.74%
on the year but dropped 39.14% on the month, marking the lowest level since
June 2022,
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China's spot domestic thermal coal prices witnessed another steep decline on June 1, approaching the upper limit of the contract price range set by the government.
Benchmark 5,500 Kcal/kg
China's domestic thermal coal market has been in the middle of a fast downward trend, with prices falling by more than 120 yuan/t during the past two weeks to the lowest since mid-January 2022.
Mongolia has expressed interest in becoming a potential supplier of coking coal to India and has approached the country's Steel Ministry to explore possible partnerships, sources familiar with the mat
Indonesian thermal coal prices experienced a palpable fall on May 31, affected by aggressive tender prices in China in the wake of straight price corrections in the domestic market.
Some
Coking coal dispatches continued to slide in major production areas of China, with a more prudent buying stance observed amid the ongoing tenth round of coke price cuts.
On June 1, the CC
Mongolia has started construction of a 7.1-km railway linking Shivee Khuren and China's Ceke border port, which is likely to boost bilateral coal trades through the artery after it completes construct
China's spot domestic thermal coal market was still grappling with steep decline on May 31, as utilities are well stocked with limited buying interest in anticipation of further price declines.
India's largest coal supplier Coal India Ltd (CIL) has raised prices of its non-coking coal of grade G2 to G10 by 8%, marking the first hike in five years, according to local media.
The a
China's factory activity weakened further in May as a lack of demand suppressed the release of manufacturing capacity.
The official manufacturing purchasing managers' index (PMI) stood at
The Purchasing
Managers' Index (PMI) in China's steel sector, an economic indicator for the
industry, fell to 35.2 in May, marking the third straight month of decline
after returning to expansion t
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