Declining coal prices pressure Indonesian miners

sxcoal.com International,  Thermal Coal 2023-07-17 09:27:31

Indonesian coal miners may face mounting challenges as coal prices took a significant tumble last week, adding to their ......


For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 China's portside 5,500 Kcal thermal coal prices stride towards 900 yuan/t 2023-07-18

China's portside thermal coal prices started the week with a strong rise, sparking expectations that the 5,500 Kcal/kg NAR prices could surpass the 900 yuan/t threshold with the support of higher cons

2 Indonesian low-CV thermal coal flat as Chinese demand softens 2023-07-18

Indonesian low-calorific value (CV) thermal coal prices remained steady on July 18 as Chinese utilities displayed a preference for mid- and high-CV coal in recent tenders, according to traders.Market

3 China's 2nd round of coke price uptick accepted by major steelmakers 2023-07-18

The second round of 50-60 yuan/t increase of metallurgical coke prices in China was accepted by major steelmakers on July 18, heightening the possibility that coke makers would propose the third round

4 China prepared to ensure coal, power supply to tackle heatwaves 2023-07-18

China is gearing up with strong proactive measures to ensure sufficient coal and power supply in response to the potential challenges during heatwaves.While some coastal areas have temporarily eased f

5 China's listed coal cos H1 profits decline on weak prices 2023-07-18

Overall profitability of listed coal enterprises in China declined in the first half of 2023, caused mainly by softening coal prices amid weaker demand.According to Shanxi Meijin Energy Co., Ltd, the

6 Indonesia imposes sanctions for exporters failing to keep export proceeds in local currency 2023-07-18

The Indonesian government has introduced new regulations on the management of export proceeds from natural resources concessions, local media Bisnis reported.According to the regulation, exporters are

7 China futures market updates at close (Jul 18) 2023-07-18

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

8 El-Nino provides optimism for BUMI in achieving its coal production target 2023-07-18

Indonesia's coal mining giant PT Bumi Resources Tbk. (BUMI) is optimistic about meeting its production target, buoyed by the anticipated El-Nino weather phenomenon.BUMI's Director, Dileep Srivastava,

9 Indonesian railway operator constructs coal unloading terminal 2023-07-18

Indonesia's state-owned railway operator PT Kereta Api Indonesia, also known as KAI, is undertaking the construction of the Kramasan Coal Unloading Terminal in Palembang city in South Sumatra, local m

10 China Coal Daily Track (Jul 18) 2023-07-18

Thermal coalProduction area Thermal coal prices were stable with an upward bias. Several coal mines suspended production due to safety checks. This, coupled with continued high temperatures, slightly

Most Read Articles

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 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

3 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.

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 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

7 Australia's Gladstone Jun coal exports up to 2-yr high 2023-07-12

Coal shipments from Australia's Gladstone port reached a two-year high of 6.45 million tonnes in June, rising 4.6% from a year earlier and 29.9% month on month, showed data from the Gladstone Ports Co

8 China's coking coal prices keep climbing amid 2nd coke price hike 2023-07-13

China's coking coal prices continued to gain upward momentum at major production areas, backed by higher sentiment after a number of coke firms proposed the second round of price hike.As steel mills m

9 China Jun coal imports surge 110% on yr 2023-07-13

China's coal imports continued to see strong year-on-year growth and ticked up from the preceding month in June, according to the latest customs data released on July 13.The country imported a total o

10 China Coal Daily Track (Jul 12) 2023-07-12

Thermal coalProduction areaMine-mouth prices retreated regionally, with most miners cutting prices by 10-30 yuan/t in Yulin of Shaanxi and a few miners reducing prices by 10-20 yuan/t in Ordos of Inne