Weekly global coal market news summary (Jul 10-14)

1 Improving demand puts a floor on China's portside thermal coal prices 2023-07-14

Spot thermal coal prices at northern China's transfer ports have found a bottom and are showing resistance to further declines, as some utilities have shown increased demand. However, market direction

2 Oversupply weighs on pithead thermal coal prices in China 2023-07-14

Thermal coal prices have been on a downward trend in China's key producing provinces this week, mainly due to a continuation of oversupply as demand retreated while production hovered at a normally hi

3 Weekly global coal market news summary (Jul 10-14) 2023-07-14

Indonesia's power producer PLN faces int'l pressure to retire coal plantsIndonesia's state-owned utility PLN has acknowledged receiving international pressure to expedite the retirement of coal-fired

4 Weekly China coal market news summary (Jul 10-14) 2023-07-14

China Jun coal imports surge 110% on yrChina's coal imports continued to see strong year-on-year growth and ticked up from the preceding month in June, according to the lat...?China's coking coal pric

5 China's independent coke producers May production down 1.8% on yr 2023-07-14

China's independent coke firms churned out 30.56 million tonnes of the steelmaking material in May, falling 1.8% year on year and accounting for 73.6% of the country's total coke output, showed data f

6 Chinese cokemakers still control output on losses; 2nd price hike in the air 2023-07-14

Chinese metallurgical coke producers continued to control production of the steel-making materials to avoid making any bigger losses, even though the first round of coke price increase of 50-60 yuan/t

7 China futures market updates at close (Jul 14) 2023-07-14

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

8 China Coal Daily Track (Jul 14) 2023-07-14

Thermal coalProduction area Thermal coal prices were relatively weak at production areas. Coal shipment under supply guarantee campaign kept steady, and metallurgical and chemical producers maintained

9 Germany May hard coal imports down 28.7% YoY and 6.1% MoM 2023-07-14

Germany's hard coal imports reached 1.97 million tonnes in May, falling 28.70% from a year ago, according to preliminary data from German Statistics Bureau.The imports also fell 6.13% from April, down

10 Chinese steel prices slightly rebound in early Jul, NBS 2023-07-14

Steel products prices in China represented a slight bounce-back in early July (July 1-10), showed the latest data from the National Bureau of Statistics (NBS).The average price of construction steel r

1 China's coking coal prices further rise; cokemakers propose 2nd price hike 2023-07-12

China's spot coking coal market continued the upward trajectory driven by smooth sales, regional supply constraints, and the robust performance in the futures market.On July 12, the most-traded coking

2 Indonesian thermal coal prices edge higher as Chinese demand grows 2023-07-11

Indonesian thermal coal prices gained strength from growing demand from China and India, although sustainability of the buying remained uncertain, according to traders.On July 11, traders noted quotat

3 Flooding expected to disrupt thermal coal exports at Richards Bay 2023-07-12

South Africa's thermal coal exports are expected to face significant disruptions due to flooding at Richards Bay Transnet Port Terminal, according to Thulasizwe Diamini, Managing Executive at Transnet

4 China's portside thermal coal prices edge lower amid wait-and-see sentiment 2023-07-12

China's portside thermal coal market fell on the second straight day on July 12 as demand showed no signs of improvement, yet insiders expected the decline not to last long during the peak consumption

5 Newcastle thermal coal futures plummet to 2-yr low 2023-07-13

Newcastle thermal coal prices fell to their lowest in two years after a downward trend persisting for seven consecutive trading days, the longest decline since May 2022.On July 12, the August contract

6 China's coking coal price rise still likely amid active buying 2023-07-11

Some miners in major production areas of China expected coking coal prices to further increase in light of active restocking from coking plants.On July 11, the CCI index for Shanxi low-sulfur primary

7 China Southern Grid sees power load hit new high amid scorching heat 2023-07-13

The peak electricity load of China Southern Power Grid (CSG) reached 226 GW on July 10, hitting a new high in history, reflecting growing power demand in southern China amid extreme heatwaves.China So

8 Mongolian Jun coking coal auction volume rises, prices fall 2023-07-11

Mongolia's online coking coal auction volume for export hit a new high in June since it launched the trading mode in early February 2023, yet transaction prices fell to the lowest alongside the declin

9 Infographic | China's imports of main commodities in Jun 2023 2023-07-13

China's imports of coal, natural gas, iron ore, steel products, etc.

10 China's portside thermal coal edge down on cooled demand 2023-07-11

China's portside thermal coal prices started to fall on July 11, as demand stayed tepid after recent price rally, but there were still insiders insisting on a potential rebound in anticipation of high