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Indonesian thermal coal face challenges to increase further as Chinese traders, the major buying force of the fuel, were not ready to keep buying at current price levels as tenders issued by utilities
Newcastle thermal coal futures experienced a significant plunge, dropping nearly 5% in response to a decline in natural gas prices, marking the largest single-day drop since May 25, 2023.On July 6, th
China's coal market has gradually shifted from shortage to surplus in recent years. The overseas market has also been volatile. With more than half of the world's total coal consumption and expected d
Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.
Thermal coal prices have been on an upward trajectory in China's main production areas this week, and the momentum has been maintained till the last trading day. However, the uptick may soon come to a
Indonesia's coal exports fell for the third straight month in June, close to the year-ago level, but still were the highest compared to the same months since 2018, showed cargo-tracking data from Kple
Sentiment in China's domestic coking coal market remained volatile this week, with mixed trends and occasional failures observed in online auctions.Offline trading also showed divergent trends in majo
Thermal coalProduction area Coal prices in major producing regions continued to move upward. Recently, there has been active purchasing from metallurgical and chemical industries, in addition to seaso
Coal output in the United States extended its decline over the week ending July 1, marking a new low since mid-February, showed data from Energy Information Administration on July 6.US coal production
Mongolia exported 2.68 million tonnes of iron ore in the first half of this year, rising 53.21% or 931,100 tonnes from the previous year, showed the latest data from the Mongolian Customs General Admi
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China's coking coal and coke markets witnessed more signs of improvement on July 4, primarily thanks to the active purchases from steel mills that maintained high production enthusiasm.The CCI index f
Defaults on long-term coal contracts have been on the rise in China, as utilities faced mounting pressure in dealing with their excessive coal stocks.The issue was discussed at a symposium jointly org
Indonesian thermal coal prices showed no significant changes this week, as demand remained weak from China, especially for ultra low-CV cargoes, traders noted.On July 4, trading activity was sluggish
Thermal coal prices have rebounded in China's major production regions, as seasonal demand and supply cuts continue to shore up the regional markets.Leading production bases of Shanxi, Inner Mongolia,
Japan's coal imports trended lower for five consecutive months in May with imports of thermal coal hitting the lowest level since June 2015, according to data from Japan's Ministry of Finance.Japan im
China should improve the dynamic regulation of coal imports, moderately controlling the quantity and pace of import to effectively utilize it as a supplementary resource while avoiding the excessive i
State-owned power plants, coal firms and power grid enterprises are being urged to take the lead in ensuring electricity supply during peak summer period, according to an announcement on the website o
Global supply and demand for thermal coal have peaked, but the pace of decline in consumption may not be smooth, resulting in more market volatility in the long term, according to the Resources and en
The World Meteorological Organization (WMO) announced on July 4 that temperatures are anticipated to surge across large parts of the world as the El Nino weather pattern reemerges in the tropical Paci
Steel products prices in China turned to downwards again in late June (June 21-30), showed the latest data from the National Bureau of Statistics (NBS).The average price of construction steel rebar (H
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