Weekly global coal market news summary (Jul 26-Jul 30)

sxcoal.com General 2021-07-30 17:46:45

Indonesian gov't calls to ensure domestic thermal coal supply

Indonesian government has held several negotiations with domestic coal producers, calling for them to fulfill their Domestic Market O...

 

Indonesia's coal reserves estimated to last over 60 yrs, energy ministry

Indonesia's abundant coal reserves of 38.84 billion tonnes could support coal mining activity for 60 years at least, said Ridwan Dj...

 

Mongolia's coal production down for 7th mth in Jun

Mongolia produced 1.42 million tonnes of coal in June, slumping 37.4% year on year and down 27.3% month on month, marking the seventh...

 

Mongolia HCC at record price competitiveness on Chinese met coal rallies

Mongolian hard coking coal embraced strong competitiveness in prices following sustained rallies of Chinese domestic coking coal in J...

 

Russia's Trans-Siberian railway opens after flooding damages a bridge

The traffic of Russia's Trans-Siberian railway in the Far East region has resumed to normality on July 27 after five-day repair, acco...

 

Japan Jun coking coal imports up 8.13% YoY

Japan's coking coal imports rose 8.13% on the year and 0.16% on the month to 5.06 million tonnes in June, showed data from Japan Mini...

 

Japan Jun thermal coal imports at 13-mth low

Japan's thermal coal imports sunk to a 13-month low since June 2020, showed data from Japan Ministry of Finance (MOF). ...

 

Stanmore approved to develop Queensland coal project

Australian coal producer Stanmore Resources said on July 27 that its Isaac Downs project in the Bowen Basin had obtained a mining per...

 

India Jun thermal coal imports nearly double YoY

Indian thermal coal imports reached 14.07 million tonnes in June, jumping 92.71% year on year and up 3.94% from a month ago, showed t...

 

Coal supply to India's utilities fall in past 3 years

Coal supply to India's power utilities continued to fall in the past three years, with the decline in FY 2020-21 deepened due to the ...

 

Teck Resources H1 met coal output up 23% YoY

Metallurgical coal production of Canadian miner Teck Resources increased 23% year on year to 12.3 million tonnes in the first half of...

 

U.S. coal output estimated to fall 4.67% WoW in the 3rd week of Jul

The U.S.'s coal output was estimated at 11.65 million short tons (10.57 million tonnes) over the week ending on July 24, down 4.67% f...

(Writing by Emma Yang  Editing by Harry Huo)
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1 Chinese demand for seaborne thermal coal cools off; India's demand on the rise 2024-04-23

China's seaborne thermal coal demand has decreased because of lower domestic prices, increased freight rates, and close to completion of purchases for late April delivery.Currently, Indonesian May-loa

2 Chinese buyers resistant to surging domestic and imported coking coal 2024-04-23

Chinese participants may become more resistant to accepting high-priced coking coal, both domestically and imported, even as coking coal prices are expected to maintain an upward trend in the near fut

3 Lu'an Green Energy 2023 net profit tumbles 44.11% on yr 2024-04-23

Lu'an Green Energy Co., Ltd., a leading coal producer in northern China's Shanxi province, announced notable declines in both net profit and revenue in 2023.The company's net profit attributed to shar

4 Shanxi Coking Coal Energy 2023 net profit down 37.03% YoY 2024-04-23

Shanxi Coking Coal Energy Group Co., Ltd., one listed unit of Shanxi Coking Coal Group, posted a 37.03% year-on-year drop in net profit to 6.77 billion yuan ($934 million) in 2023, the group said in i

5 Newcastle Port Mar coal exports up 10%+ MoM 2024-04-23

Newcastle port, the world's largest coal port located in Australia's New South Wales, exported 12.17 million tonnes of coal in March this year, rising 5.84% year on year and 10.76% month on month, Por

6 China futures market updates at close (Apr 23) 2024-04-23

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

7 China Coal Daily Track (Apr 23) 2024-04-23

Thermal coalProduction area Thermal coal prices registered price movements in either direction across major producing regions. Ordos, Inner Mongolia, saw a narrow range of rises and losses at differen

8 Indonesia Apr coal HBA prices show mixed trends 2024-04-23

The HBAs (Harga Batubara Acuan), or Indonesian Coal Price Indexes, were set in a narrow range of rises and losses for various grades in April, with the high-calorific value (CV) grade posting a notabl

9 Weekly: China's PCI coal prices move up as demand strengthens 2024-04-23

China's PCI coal prices posted notable growth last week thanks to smooth coal sales, price increases in coking coal and coke, as well as regional supply constraints.On April 19, the Fenwei CCI index f

10 Newcastle thermal coal prices fall nearly 3% as Mid-East conflict impact fades 2024-04-23

Newcastle thermal coal prices retreated as the impact of the Iran-Israel conflict has been disproved to sustain.On April 22, Newcastle benchmark coal contract on the ICE closed at $138/t, down 2.65% f

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2 Shaanxi's top coal miner reports 5.4% rise in Q1 net profit 2024-04-18

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4 China's raw coal output declines amid narrowed gains in major producing areas 2024-04-19

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5 China Mar coal exports up 41.3% on yr, cement up 46.7% 2024-04-18

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Anhui Wenergy Co., Ltd., a Shenzhen-listed power producer headquartered in eastern China's Anhui province, said coal supply under long-term contracts accounts for 70-80% of its coal consumption, with

10 SouthGobi Resources reports 223% increase in 2023 coal sales 2024-04-18

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