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Strong rallies of Chinese spot thermal coal market are less likely to cool down in the near term, alongside most mines' shifted spotlight on safety from profitable mining activity amid authorities' to
Coking coal prices have levelled off at China's major production regions this week after maintaining an upswing for months, as supply tightness of the coke-making material is beginning to ease.
Russia-based Elga Coal aims to increase export of coking coal to China to 2 million tonnes per month, taking advantage of the restrictions on import of Australian coal, according to the company.
Many Chinese coal provinces have significantly stepped up safety checks at coal mines recently following a series of fatal mine accidents, in order to strictly curb possibility of more tragedies espec
Supported by strong demand from China market, Australian iron ore price has risen to a seven-year high, and it is expected to keep bullish by the end of this year, showed data from the Trading Economi
Offer prices of spot thermal coal have surged sharply this week at China's northern transfer ports, as supply shortage continues to bite at a time of robust demand.
Offer prices of the be
Mongolian coking coal prices have jumped significantly at China's border crossings in the past week in response to a supply tightness caused by strict anti-pandemic measures.
Prices of Mo
Indonesia shipped more thermal coal to China in November following four straight months of decline, on the back of revived interest from Chinese end users amid additional import quotas.
A
Daqin railway delivered 37.79 million tonnes of coal in November, growing 6.72% year on year, according to its announcement on December 6.
November's shipments reversed a year-on-year sli
China's state economic planner on December 7 issued a guideline document for the signing work of thermal coal medium- and long-term contracts for 2021, stressing all parties should reach consensus in
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Indonesian thermal coal prices drifted higher on December 3 in the Chinese seaborne import market with sources citing solid supply-demand fundamentals.
Offer prices of Indonesian Supramax
Indonesia's Ministry of Energy and Mineral Resources set its December thermal coal reference price, which is also known Harga Batubara Acuan (HBA), at $59.65/t, up 7.07% month on month, hitting a new
Raw coal output from China's 90 large miners increased 20.95 million tonnes or 1.0% from a year ago to 2.22 billion tonnes during January-October, official data showed.
The top ten coal e
Mongolia, China's major coking coal supplier, is working to guarantee coal shipments to China through reinforcing unified leadership in anti-COVID-19 process for international cargo freight and tackle
Steel mills' metallurgical coke replenishment has been hindered recently as snowfall hammered trucking efficiency while rail capacity has given priority to thermal coal deliveries.
Some r
Turkey thermal coal imports rose for second
straight month in October and created the second highest record since this year,
according to the country's statistical authorities.
The c
Buying interest lulled in Chinese spot thermal coal market as wait-and-see sentiment grew thicker after prices jumped to a 20-month high since mid-March 2019.
The procurement pause is not
China's seaborne metallurgical coal, mainly supplied by Canada and US, saw price advantage narrowing after a flurry of hikes supported by sizzling buying appetite from end users and domestic shortage.
Chinese utilities are seeking for more thermal coal imports from Colombia this week, as they want to find new steady sources as alternatives to Australia, whose coal products were blacklisted by Beiji
Twenty-three people have been confirmed dead over a coal mine accident caused by carbon monoxide leak in southwestern China's Chongqing Municipality, the second such accident within just two months in
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