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Coal production of Mongolia came in at 8.21 Mt in Mar 2024, rising 33.08% YoY and 21.48% MoM, showed data from the National Statistical Office of Mongolia. The country's iron ore production was 780,000 t, surging 154.65% YoY and 112.24% MoM.
China's 10 largest coal mining groups (in terms of production) produced 550 Mt of raw coal in Jan-Mar 2024, falling 6.24% YoY, according to statistics released by China National Coal Association.
More mines in NW China's Shaanxi province adjusted up chemical-purpose coal prices by 10-20 yuan/t today. One miner increased 30-80mm lump coal price by 20 yuan/t to 780 yuan/t, while another miner raised price for 5,900 Kcal/kg NAR coal (0.3% sulfur) by 10 yuan/t to 700 yuan/t, both on mine-mouth basis with VAT.
China Coal Energy Co., Ltd, the listed arm of China National Coal Group, reported its polyolefin output was up 0.8% YoY and flat MoM at 132 Kt in Mar 2024, while polyolefin sales increased 7.1% YoY and 53.1% MoM to 150 Kt, according to figures released by the company on Apr 16.
Iron ore exports to China from Australia's Port Hedland increased 6.05% YoY and 27.90% MoM to 42.85 Mt in Mar, according to the Pilbara Ports Authority. The shipments to China accounted for 86% of the port's total iron ore exports in the month.
Rio Tinto's iron ore production was registered at 68.70 Mt in Q1 2024, falling 2% YoY and 10% QoQ. Shipments stood at 68.76 Mt, down 4% YoY and 9% QoQ.
China's GDP increased 5.3% YoY in Q1, beating expectations and the actual rise of 5.2% for the full year of 2023, jointly driven by the rebound industrial activity and good performance in the service sector, the NBS data showed.
China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp, saw its total polyolefin sales picked up 0.17% YoY and rose 12.2% MoM to 60.7 Kt in Mar 2024, said the company in a report on Apr 16.
China's coal production reached 1.11 billion tonnes in Q1, down 4.1% YoY, the NBS data showed. In Mar alone, the output fell 4.2% to 399.33 Mt.
ETT, a leading Mongolian mining company, has clarified that its sales activities are running normally, according to a statement released by the company recently.
China exported 25.80 Mt of steel products in Q1 2024, rising 30.7% YoY, according to the latest data released by the GAC. Export value totaled $20.34 bln during the period, down 12.9% YoY.
S Korea imported 8.23 Mt of coal in Mar, down 25.74% YoY and 22.09% MoM, customs data showed. The import value reached $1.34 bln in the month, down 40.53% YoY and 12.97% MoM.
China imported 1.75 Mt of steel products over Jan-Mar 2024, falling 8.6% YoY, while the import of iron ore and concentrates reached 100 Mt, up 5.5% YoY, showed data from the GAC.
Inventory of five major steel products in China's 21 cities decreased 4.8% from late Mar to 13.08 Mt in early Apr (Apr 1-10), which was 7.4% higher than the year-ago level, according to data from the CISA.
China imported 41.38 Mt of coal in Mar, up 0.52% YoY and 22.60% MoM, showed data from the General Administration of Customs on April 12.
Coal production of Mongolia came in at 8.21 million tonnes in March 2024, rising 33.08% year on year and 21.48% month on month, showed data from the National Statistical Office of Mongolia.The country
China Energy Investment Group, the nation's top producer of the fossil fuel, has reported robust production and operational performance in the first quarter of 2024.The state-owned energy giant said i
BHP Group reported a 15.5% year-on-year decline in metallurgical coal production during the first three quarters of the current financial year.The company's metallurgical coal output totaled 17.35 mil
Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.
China's 10 largest coal mining groups (in terms of production) produced 550?million tonnes of raw coal in January-March 2024, falling 6.24% year on year, according to the latest data released by China
Mining giant BHP reported a 23% year-on-year increase in thermal coal production from its operations in New South Wales, Australia during the first nine months of the 2023-2024 financial year.BHP's th
China exported 0.38 million tonnes of coal in March this year, soaring 41.3% from the same month last year, the latest customs data showed.This brought the total coal exports to 1.39 million tonnes in
Thermal coalProduction area Thermal coal prices extended small rises in major producing regions. Metallurgical and chemical plants continued to release restocking demand under bullish sentiment, and s
Summary table and charts for raw coal production in China's coal-producing provinces in March 2024.
SouthGobi Resources Ltd, a key Mongolian mining company, said its coal sales reached 3.59 million tonnes in 2023, soaring 223% from a year ago, according to the company annual operational report.The c
South Africa's coal industry is facing increasing regulatory scrutiny as concerns mount over environmental sustainability and compliance with air-quality standards.The industry, long regarded as a cor
China's premium low-volatile hard coking coal (PLV HCC) output increased substantially in March 2024, recovering to nearly January's level, as mines that shut down for the Chinese New Year holiday gra
China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.
Coal imports of China's Taiwan in March nearly doubled that a month earlier, rising to the highest since August 2023, preliminary customs data showed.The March volume was up 23.07% from 4.39 million t
Coal shipments from Australia's Gladstone port rose 14.7% from a year earlier to 5.60 million tonnes in March 2024, showed data from the Gladstone Ports Corporation.The volume was also 11.1% higher th
Int'l thermal coal market lacks strong incentives to move upwardInternational thermal coal prices sustained the weakness last week, with no prominent supportive factors showing around. The prices grow
China coking coal, met coke and steel market key figures in focus.
Yankuang Energy Group Co., Ltd., a major listed coal miner in China, expected domestic and international coal prices to experience narrow fluctuations for 2024, yet remaining at elevated levels within
India added 5.5 GW of new coal-fired power capacity in 2023, doubling the capacity added in 2022, according to the Global Energy Monitor's annual survey,.Last year also marked the lowest rate of coal
Vietnam's coal imports (including those from foreign-invested enterprises) in March surged to an eight-month high, preliminary customs data showed.The country imported 5.43 million tonnes of coal in M
International thermal coal prices showed mixed trends last week. An accident in the U.S. bolstered Australian and South African coal prices, whereas prices in other major markets extended declines due
Thermal coalProduction area Mine-mouth thermal coal prices saw minor corrections in major producing regions. Chemical and metallurgical plants placed restocking orders, boosting offtakes at mines with
China's metallurgical coke prices decreased further by a total 300-330 yuan/t in three rounds in March, as steelmakers continued to control their coke arrivals due to drops in futures and steel prices
China's coking coal prices continued to fall in March, as coking plants slowed down purchases amid ongoing losses, exacerbating offtake difficulties at mines.Feb Supply-demandChina's effective supply
China's portside thermal coal prices were broadly unchanged after more deals were concluded, but traders anticipated that the market has yet to emerge from its current lull.On April 2, offers generall
Influenced by the downward trend in portside prices, the momentum of thermal coal prices at China's major producing regions has been somewhat lackluster. While a few mines in certain regions adjusted
Alongside downward trends of other coal types, China's domestic lump anthracite market further weakened in March due to persistent weak demand.Overview of Feb marketSupply The effective supply of lump
The international thermal coal market witnessed an initial increase, followed by a decline, and then trended upward towards the end of the month.At the start of the month, U.S. sanctions on two Russia
Amidst bearish sentiment prevailing in the market, China's coking coal prices headed south again after a temporary uptick last week caused by a recovery of finished steel transactions, which raised de
China's coastal coal freight rates experienced fluctuations due to a mix of positive and negative factors. However, overall, the rates increased, driven by demand growth in southbound routes, albeit w
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