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China recovery eases global steel headache

2020-06-05 09:00:51 Viewpoint recyclinginternational.com

The World Steel Association (Worldsteel) has forecast a 6.4% contraction in steel demand this year because of the Covid-19 crisis and...

Indonesian thermal coal prices keep falling on concerns of quota shortage

2020-06-04 17:44:34 Viewpoint,  Price,  International,  Thermal Coal sxcoal.com

Lower offers of Indonesian low-colorific value thermal coal were seen in the Chinese seaborne import market, as buying interest was c...

Chinese met coke producers start 4th price hike

2020-06-04 17:19:57 Viewpoint,  Price sxcoal.com

Some met coke producers in Shanxi, Shandong and Hebei proposed on June 4 to raise prices by 50 yuan/t for a fourth round, in the wake...

CHN Energy Jun term contract thermal coal prices rebound sharply

2020-06-04 15:59:19 Viewpoint,  Company,  Price,  Thermal Coal sxcoal.com

China's top coal mining group China Energy Investment Corporation, or CHN Energy, adjusted up its monthly contract thermal coal price...

China May coke market: strong demand backs 3 rounds of price rally

2020-06-04 15:05:25 Viewpoint,  Price sxcoal.com

Chinese metallurgical coke market bottomed out in May with three rounds of rally totaling 150 yuan/t, as steel supply and demand went...

Short supply expected to boost 4th coke price hike in China

2020-06-03 17:04:33 Viewpoint,  Price sxcoal.com

Tighter supply at production areas in northern and eastern China is expected to keep boosting metallurgical coke prices in June, alth...

China May PCI coal market: road tolls add pressure to coal sales

2020-06-03 14:15:47 Viewpoint,  Price,  PCI sxcoal.com

China's PCI coal market still lacked strength in May, amid soft purchases from downstream steel mills, especially after the country r...

China's met coke supply further tightens as production cuts deepen

2020-06-02 17:26:47 Viewpoint,  Price sxcoal.com

China's met coke market gained support as output cuts deepened in Shandong, which added supply pressure to northern production areas....

On COVID-19's impact on China coal market

2020-06-02 17:17:21 Viewpoint sxcoal.com

Impact of COVID-19 on China's coal market remains far from coming to an end, though production at mines has been restored to normal l...

Moody's sees US coal miners' earnings halve this year

2020-06-02 17:01:29 Viewpoint,  International miningweekly.com

The outlook for the North American coal industry remains negative and earnings for coal miners could fall by more than 50% this year,...

Weekly China anthracite market analysis and forecast

2020-06-02 11:23:28 Viewpoint,  Price,  Anthracite sxcoal.com

China's anthracite prices were little changed last week, with supply and demand largely on par with a week ago. Offers o...

Weekly China PCI coal market analysis and forecast

2020-06-02 10:48:52 Viewpoint,  Price,  PCI sxcoal.com

China's PCI coal prices extended steadiness in the last week, with market sentiment improving amid declines of coal output due to pol...

Weekly China thermal coal market analysis and forecast

2020-06-02 08:57:16 Viewpoint,  Price,  Thermal Coal sxcoal.com

Spot prices of Chinese domestic thermal coal ended a rising streak that has lasted for two weeks, as market sentiment weakened on c...

Weekly China met. coke market analysis and forecast

2020-06-02 08:40:17 Viewpoint,  Price sxcoal.com

China's metallurgical coke prices embraced another 50 yuan/t increase last week, backed by regional supply tightness amid intensified...

India's coal imports slump as economy lockdown bites

2020-06-01 14:30:36 Viewpoint,  Import & Export,  International reuters.com

India's imports of coal collapsed to the weakest in at least five years in May, as the economic lockdown in the world's second-bigges...

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Editors Recommendations

1 May global coking coal market: Australian coal price uptrend weakened by China's escalating clearance policy 2020-06-05

International coking coal prices rebounded slightly in early and mid-May despite persisting impact from COVID-19 pandemic. Yet entering late May, prices of Australian coal declined as some Chinese tra

2 May global thermal coal market: price bottoms out, seaborne coal price-competitive 2020-06-05

International thermal coal market revived slightly in May despite escalating import restriction and tight import quotas in China. As the growth of China's domestic coal prices was larger

3 Yulin plans to rectify 19 private coal mines, impact on market limited 2020-06-05

Yuyang district, Yulin city in northwestern China's Shaanxi province has planned to carry out concentrated rectification on safe production at 19 private coal mines in the district to further strength

4 Russia Jan-May coal exports slide 9.25% YoY 2020-06-05

Russia exported 71.30 million tonnes of coal in total over January-May, down 9.25% from 78.57 million tonnes in the same period last year, according to preliminary statistics from the Energy Ministry

5 Qinhuangdao coal storage still hovering low despite mild rise 2020-06-05

Coal stockpiles of Qinhuangdao port, China's top transshipment pivot of the fuel from North to South in the Bohai Bay, were hovering around at a low level despite a small pickup recently.

6 Shanxi province accelerates closure of small coal mines to enhance safety 2020-06-05

Coal mining center Shanxi province decided to shut down more small-scale coal mines permanently by the end of this year, as part of its effort to enhance coal mine safety conditions and lift concentra

7 Chinese coking coal miners report sliding stocks amid smooth sales 2020-06-04

China's coking coal miners saw a slide of inventories amid recent resilient sales, bolstering prices to recover from a downside that had lasted for three months. Buying enthusiasm of coki

8 Indonesian thermal coal prices keep falling on concerns of quota shortage 2020-06-04

Lower offers of Indonesian low-colorific value thermal coal were seen in the Chinese seaborne import market, as buying interest was curbed by concerns of quota shortage. The most-active 3

9 CHN Energy sets Jun contract price; impact on spot thermal coal remains unclear 2020-06-04

The long-awaited June term contract pricing by China's top miner CHN Energy came out with a big hike near late this week, the impact of which, however, remained unclear as to the spot market.

10 China Coal Daily Track (Jun 4) 2020-06-04

Thermal coal Production area Coal sales were relatively smooth in northern Shanxi, and prices kept stable. Some miners in Shaanxi and Inner Mongolia were in suspension amid safety crackdowns and

Most Read News Stories

1 China Apr thermal coal imports surge 88.95% on yr 2020-05-28

China's thermal coal (incl. bituminous and sub-bituminous coal, but excl. lignite) imports in April surged 88.95% compared with the corresponding month last year, official data said, reaching a record

2 China's coal imports from Mongolia continue to rise, adding pressure to price 2020-05-26

On May 23, Mongolia exported a total 955 trucks of coal to China through two major hubs Gashunnsukhait (Ganqimaodu) and Shivee Khuren (Ceke), Mongolian media GoGo Mongolia reported. The f

3 Daqin railway maintenance exerts limited impact on China coal market 2020-05-28

Month-long maintenance to China's coal-dedicated Daqin railway, which ended on May 28, two days ahead of schedule, has exerted limited impact on China's coastal thermal coal market, due to still weak

4 Two Sessions: Chinese delegates call for more imports of premium coking coal 2020-05-29

Chinese delegates of NPC called for more imports of premium coking coal, in order to boost green development of steel industry. Domestic steel production has been plagued by supply shorta

5 China to bolster energy reserve capacity, support unconventional gas exploration 2020-05-25

China said on May 22 it will bolster the capacity of the country's energy reserves and offer lower gas and electricity charges to key industries, as it looks to ensure energy supply and offset the imp

6 China urges top utilities to speed up transfer of 40 coal-fired power plants 2020-05-27

China has urged the country's five biggest utilities to speed up the transfer of 40 coal-fired power plants in the northwest of the country, according to a document seen by Reuters and confirmed by a

7 China's commodity exchange launches thermal coal options simulation trading 2020-05-25

China's Zhengzhou Commodity Exchange (ZCE) said on its website that it will roll out thermal coal options simulation trading on May 26 to prepare for real transaction. Thermal coal contra

8 China's new energy installations possibly the highest in history this yr 2020-05-29

In 2020, China's new energy installed capacity will likely reach a new high. On May 25, the National Energy Administration issued an announcement saying that the combined "newly-added dig

9 China coal hub Shanxi to halve coal-washing capacity by Sep 2020 2020-05-28

China's coal mining hub of Shanxi province aims to halve its coal-washing capacity to 1.8 billion tonnes a year and reduce the number of plants involved in the process to 1,200 by end-September, the a

10 China Apr coking coal imports up 11.35pct on mth, customs data 2020-05-28

China's coking coal imports posted a month-on-month rise of 11.35% in April, due mainly to restart of Mongolian exports and recovered demand from downstream sectors as economic activities gain strengt

Most Read Analysis & Comments

1 Australian thermal coal may face further curbs; Indonesian imports little affected 2020-05-18

There were market talks about tightening thermal coal import restrictions in China after the state planner held a meeting late last week, though no further information available from official sources.

2 Chinese domestic thermal coal gains strength from import curb 2020-05-20

Chinese domestic thermal coal prices jumped following market talks that the state planning body, the National Development and Reform Commission, asked key power utilities to suspend coal imports from

3 Thermal coal imports for blending in India to be eliminated in FY2020-21 2020-05-26

Indian government has decided to bring to zero import of coal for blending purpose by domestic coal-based power plants in the current fiscal, and has asked state-owned CIL to enter into a pact with po

4 China's spot thermal coal uptick stronger than expected 2020-05-26

Chinese spot thermal coal market witnessed stronger-than-expected upticks during last week, with Fenwei CCI 5500 index rising by a total 52 yuan/t to 543 yuan/t FOB and registering daily increase of o

5 Indonesian low-CV thermal coal price up close to $30/t after utility tenders 2020-05-21

Spot prices of Indonesian thermal coal edged higher in the Chinese seaborne import market, on the back of tender results from a state-owned power group, giving some clarity to the market.

6 Australian thermal coal still active in China despite restrictions 2020-05-22

Although Chinese state-owned power groups were reportedly told to turn their back on Australian thermal coal, there are still some trades concluded in recent days, and inquiries seem growing from down

7 Indonesian thermal coal prices keep going up; Australian coal flat 2020-05-20

It was a mixed picture in Chinese seaborne import thermal coal market on May 20; Indonesian coal prices extended the increase while Australian coal prices little changed amid uncertainty of import pol

8 Supply woes will create a short-term jolt for China's thermal coal market 2020-05-20

Supply interruptions are expected to jolt domestic spot thermal coal market, with prices of benchmark 5,500 Kcal/kg NAR coal anticipated to jump further. Only a limited number of coal min

9 China coking coal remains stagnant despite coke price hikes 2020-05-18

China's coking coal market ended last week in a weak note, as miners still found no ways to bolster up their prices, even as the downstream coke prices have almost completed two rounds of increase in

10 China coking coal market shows little sign of recovery 2020-05-20

Little sign of improvement emerged in China's coking coal market, as many mines were still riddled with high stocks and lackluster buying interest from coking plants. Only a few mines hav

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