Weekly global coal market news summary (Jun 19-25)

sxcoal.com International 2023-06-26 09:26:19

Mongolia May rail coal shipment up 32.3% on yr; iron ore up 14.8%

Mongolia's coal shipment through railway was registered at 0.86 million tonnes in May, up 32.34% year on year but falling 18.69% on t...

 

Colombia Apr coal exports slump nearly 60% on yr

Colombia's coal exports slumped 59.09% in April compared with the same month last year, according to data from the country's National...

 

Newcastle thermal coal prices edge up, but outlook still dim

Newcastle thermal coal futures edged up on June 20, supported partly by soaring natural gas prices. The July contract on the ICE clos...

 

Japan May crude steel output up 5.7% MoM, down 5.2% YoY

Japan produced 7.65 million tonnes of crude steel in May, rising 5.7% month on month but falling 5.2% year on year, according to data...

 

Mongolia's May coal output surge 4.3 times YoY; iron ore falls 15.13%

Coal production of Mongolia came in at 5.93 million tonnes in May this year, surging 329.44% year on year but dropping 3.05% month on...

 

Australia Apr coal export value down 32.77% YoY and 18.48% MoM

Australia's coal exports were worth A$8.15 billion in April, falling 32.77% from a year ago and 18.48% compared with the month-ago le...

 

Canada Mar coal output rise 46.0% YoY and 13.7% MoM

Canada's coal production rebounded in March, posting a 46.0% year-on-year increase, according to government statistics.In March, coal...

 

EU countries fail to reach consensus on energy reforms amid clash over coal subsidies

Efforts to implement new regulations for the EU's power market were met with disagreement on June 19 among member states with a conte...

 

Protest disrupts coal trains en route to Australia's key export port

Nineteen trains loaded with coal bound for Australia's flagship export hub Newcastle were halted after a protester suspended herself ...

 

India ponders countervailing duty on Chinese steel imports

India is pondering a recommendation to impose countervailing duty on steel imports from China, said Vivek Johri, chairman of the boar...

 

Mongolia's ETT to steadily export thermal coal and semi-soft coking coal

Erdenes Tavan Tolgoi JSC, a major coal producer and exporter in Mongolia, said it is actively seeking stable markets for thermal coal...

 

India seeks to expand coal imports from Russia, eyes diversification of suppliers

India has expressed its interest in procuring additional shipments of coal from Russia, signaling the potential for coal to become th...

 

(Writing by Rebecca Liu  Editing by Emma Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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Editor's Pick

1 China's thermal coal market weakens after holiday 2023-06-26

China's domestic thermal coal prices extended losses after the Dragon Boat Festival holiday as bearish factors outstripped those bullish ones despite opacity for sustainability and intensity.The holid

2 Indonesian thermal coal trades sag as China's domestic prices decline 2023-06-26

Indonesian thermal coal market witnessed thin trading activity on June 26 as Chinese buyers held back their purchases after the Chinese domestic prices weakened.Offers for low-CV cargoes were generall

3 Weekly China thermal coal market analysis and forecast 2023-06-26

China's domestic thermal coal prices continued to increase before the Dragon Boat Festival, but trended lower after the three-day holiday as short-covering demand cooled down.The seaborne import marke

4 China's coking coal prices show signs of declines on pending coke price hike 2023-06-26

China's coking coal prices kicked off the week on a downward note, as the still pending first round of coke price hike hampered buying appetite for some blending coal grades in specific areas.In the l

5 China Shenhua acquires 2 coal mines from parent with 20.7 Mtpa capacity 2023-06-26

China Shenhua Energy Co., Ltd., a flagship subsidiary of China Energy Investment Corporation (CHN Energy), is expected to add coal production capacity of 20.70 million tonnes per annum and recoverable

6 Global renewables see record growth in 2022 but struggle to shake fossil fuel dominance 2023-06-26

Global energy demand increased by 1% in 2022. Fossil fuels continued to dominate with a share of 82% in overall energy mix despite record-breaking growth in renewable energy, said the Statistical Revi

7 Weekly China met. coke market analysis and forecast 2023-06-26

Chinese steelmakers showed resistance to the 50-60 yuan/t coke price hike proposed by coking plants ahead of the Dragon Boat Festival. The likelihood of further decline in steel prices and fading coki

8 Review: nearly half China's May coking coal imports come from Mongolia 2023-06-26

China's coking coal imports in May, though retreated from highs in previous two months, still remained at a relatively high level for the same month in history. Mongolia and Russia continued to be the

9 China Coal Daily Track (Jun 26) 2023-06-26

Thermal coalProduction area Coal transportation from mining areas gradually decreased during the holiday period, resulting in moderate downward price corrections at some mines, particularly those in Y

10 Canada Apr coal exports rise 2.60% YoY 2023-06-26

Canada exported 3.39 million tonnes of coal in April, up 2.60% year on year but down 4.94% month on month, official statistics showed.The export volume was worth $1.20 billion over the month, falling

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2 Mongolian online coking coal auctions conclude with premium; more volume scheduled 2023-06-20

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5 China's thermal coal mine-mouth prices continue to rise 2023-06-20

China's thermal coal production areas witnessed more aggressive price uptick on June 20, in response to active demand from end buyers and traders.Coal miners generally reported 20-50 yuan/t price incr

6 Indonesian thermal coal market falls by up to $6.6/t on surplus availability 2023-06-20

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8 Mongolia's May coal output surge 4.3 times YoY; iron ore falls 15.13% 2023-06-21

Coal production of Mongolia came in at 5.93 million tonnes in May this year, surging 329.44% year on year but dropping 3.05% month on month, showed data from the National Statistical Office of Mongoli

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