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In anticipation of the potential supply tightness in November, spot traders in the Chinese domestic thermal coal market adjusted up offer prices to feel out market reaction.
Several offer
Chinese buyers have moved to seek for Canadian high-quality coking coal as an alternative of Australian ingredients due to the sustained impact of customs restrictions.
Two transactions o
CFR China price of Indonesian low-calorific value thermal coal further lost strength after holding steady for four sessions, as buying from Chinese users subdued after a flurry of deals reached for sh
China Coal Energy Co., Ltd., one listed arm of China National Coal Group, posted its net profit contract 27.9% year on year to 4.15 billion yuan ($618.61 million) in the first three quarters, said the
Wuhai city of Inner Mongolia mined a total 39.58 million tonnes of raw coal in the first three quarters, increasing 10.30% over the same period last year, showed data from Wuhai Municipal Bureau of St
China's thermal power generation logged a 0.2% rise year on year but 17.03% reduction from a month ago to 422.3 TWh in September, showed the latest data from the National Bureau of Statistics.
Thermal coal
Production area Coal prices headed down 10 yuan/t at some mines in Inner Mongolia, given growing stock backlogs amid rising production and slowed long-distance purchase from buyers.
Chinese spot thermal coal market closed the trading day with a marginal rise on October 28, as buying interest increased at northern ports, sources said.
Offer prices of 5,500 Kcal/kg NAR
Australian thermal coal exports to China may tumble to a record low this month, data from Kpler indicated, a proof of tightening restriction on Australian fuel.
As of October 28 this mont
Japan's target of carbon neutral or net zero greenhouse gas emissions will pose a big challenge for Australian coal and natural gas producers in the long run.
The target was proposed by J
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Inner Mongolia energy bureau in a notice stressed tough attitude in banning coal mining beyond the approved capacity in Ordos city while agreeing it to put cargoes in stock on offer to guarantee suppl
Chinese appetite of Indonesian thermal coal further contracted at the beginning of this week, as the limited winter restocking demand seemed to have been met after a flurry of recent procurement.
The number of trucks loaded with Mongolian coking coal arriving China through Ganqimaodu border crossing has nearly halved in recent days as the sandstorm delayed the customs clearing at the hub, sour
China's spot thermal coal market saw offer prices edge up at northern transfer ports as some utilities started to look for November caroges, helping ease the bearish sentiment in the market.
China's imports of thermal coal – a main fuel for power generation – are likely to extend weakness in the fourth quarter, owing to the government's tough stance on Australian coal ban amid soured bila
Mongolia overtook Australia as China's top coking coal supplier in September, with shipments to China further expanding compared with the latter, but completely replacing Australian coking coal with M
China imported 8.23 million tonnes of thermal coal (including bituminous and sub-bituminous coals and excluding lignite) in September, falling 39.26% year on year but rising slightly by 0.73% from Aug
Prices of premium hard coking coal kept moving up in Shanxi province, fueled by robust demand after imports of Australian coal became unavailable, sources said on October 27.
Some large c
Supply tightness of metallurgical coke is likely to further push up prices of the steel-making material in China in the near future, yet the upward room is believed limited due to thin steel profit.
China's coking coal imports in September fell 15.7% from the year-ago level, according to General Administration of Customs (GAC).
The import of coking coal totaled 6.72million tonnes in
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