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China's import coking coal market soft amid steel market pressure

2020-04-01 12:12:05 Price,  International,  Coking Coal sxcoal.com

Chinese import coking coal market stayed soft as domestic steel industry still faced great pressure in digesting high stockpiles and ...

China met coke market lacks direction amid steel production curb

2020-04-01 12:05:35 Viewpoint,  Price sxcoal.com

China's metallurgical coke market lacked of a clear direction after the country's top steel-making hub Tangshan issued air pollution ...

China's thermal coal prices fall further after Top miner's Apr contract price

2020-04-01 11:55:44 Viewpoint,  Price,  Thermal Coal sxcoal.com

Spot prices of thermal coal further dropped at China's northern transfer ports on the heels of a sharp decline in monthly-term contra...

Chinese dull demand still caps Indonesian thermal coal settlements

2020-04-01 11:43:58 Price,  Import & Export,  International,  Thermal Coal sxcoal.com

A demand lull in the world's largest coal consumer China is still capping settlements of Indonesian thermal coal, although it remains...

Webinar recap: How Covid-19 impacts China's economy and coal industry

2020-04-01 10:28:32 Viewpoint sxcoal.com

Although Covid-19 epidemic is largely contained within China, the fallout has been profoundly impacted the country's economy and it...

Mongolian ETT exports 226,000 t coal since export resumption

2020-04-01 10:00:01 Company,  Import & Export montsame.mn

Erdenes Tavan Tolgoi (ETT) JSC has exported 226,000 tonnes of coal through Gashuunsukhait border checkpoint since the resumption of c...

Mongolia resumes coal exports to China through 4 border crossings

2020-04-01 09:03:29 Import & Export,  International xinhuanet.com

Mongolia has now resumed coal exports to China via four border points after the country reopened its Khangi border point on March 31,...

Yancoal acquires additional 10% stake in Moolarben

2020-04-01 08:57:05 Company,  International aus.amegroup.com

Yancoal Australia Ltd has purchased an additional 10% stake in the Moolarben Coal Joint Venture from Sojitz Corporation for A$300 mil...

Global coal mining takes a hit from COVID-19; bearish sentiment grows

2020-04-01 08:50:57 International,  Thermal Coal,  Coking Coal sxcoal.com

Global coal mining activity has been taking a hit from Covid-19 pandemic as it triggered a series of restrictive measures by many cou...

Colombia coal union suspends strike at Cerrejon, withdraws demands

2020-04-01 08:39:45 General,  International reuters.com

The biggest union at the Cerrejon coal mine in Colombia pulled back from launching a previously approved strike over the weekend and ...

Weekly China anthracite market analysis and forecast

2020-03-31 17:33:42 Viewpoint,  Price,  Anthracite sxcoal.com

China's anthracite market remained weak last week. Coal prices stabilized yet demand remained bleak. Some Shanxi-based m...

Xinjiang 5-Mtpa opencast mine starts operation

2020-03-31 16:36:12 Production & Sales sxcoal.com

Coal-rich Xinjiang Uygur autonomous region put an opencast mine into operation on March 27 and is expected to contribute 5 million to...

Weekly China PCI coal market analysis and forecast

2020-03-31 16:24:54 Viewpoint,  Price,  PCI sxcoal.com

China's PCI coal market ran generally stable last week, as supply-demand fundamentals were little changed. Major miners ...

China's Mar steel PMI recovers to 42.2 as coronavirus impact eases

2020-03-31 16:14:17 General sxcoal.com

China's Purchasing Managers' Index (PMI) for steel sector recovered to 42.2 in March from 36.6 a month earlier, data from the CFLP ...

Sumitomo Mitsui bank to stop making loans for new thermal coal plants

2020-03-31 16:09:56 Environmental Protection,  International ieefa.org

Japan's Sumitomo Mitsui Banking Corp. will suspend in principle new loans for coal-fired thermal power plants. The move is aimed at s...

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Editors Recommendations

1 China's import coking coal market soft amid steel market pressure 2020-04-01

Chinese import coking coal market stayed soft as domestic steel industry still faced great pressure in digesting high stockpiles and recovering profits. Mongolian coking coal prices were

2 China's thermal coal prices fall further after Top miner's Apr contract price 2020-04-01

Spot prices of thermal coal further dropped at China's northern transfer ports on the heels of a sharp decline in monthly-term contract prices of top miner CHN Energy for April shipments.

3 Chinese dull demand still caps Indonesian thermal coal settlements 2020-04-01

A demand lull in the world's largest coal consumer China is still capping settlements of Indonesian thermal coal, although it remains the top buyer after Indonesia's second largest buyer India adopted

4 Webinar recap: How Covid-19 impacts China's economy and coal industry 2020-04-01

Although Covid-19 epidemic is largely contained within China, the fallout has been profoundly impacted the country's economy and its trade of coal and other commodities. As the epidemic is still ov

5 China's Mar steel PMI recovers to 42.2 as coronavirus impact eases 2020-03-31

China's Purchasing Managers' Index (PMI) for steel sector recovered to 42.2 in March from 36.6 a month earlier, data from the CFLP Steel Logistics Professional Committee (CSLPC) showed on March 31,

6 China Coal Daily Track (Mar 31) 2020-03-31

Thermal coal Production area The pithead market didn't see much movement at the beginning of this week. Miners remained under downward pressures as demand from inland buyers had almost no improv

7 Futures slump hit China's spot thermal coal market 2020-03-31

China's spot thermal coal market fell again at the beginning of this week after a slump in the futures market. The Zhengzhou Commodity Exchange main contract 2009 decreased by 14.0 yuan/t

8 Chinese met coal pulls back despite steady Q2 term contract prices 2020-03-31

Chinese metallurgical coal market witnessed another round of quick fallbacks in a large variety of coal grades at the start of this week, although top coal miners have held the second-quarter term con

9 Indonesian Bayan's frozen operations stir different impact evaluations 2020-03-31

Indonesia's PT Bayan Resources said on March 27 that three subsidiaries in East Kalimantan have suspended mining operations effective March 25, in a quick response to Indonesian government's previous

10 China's manufacturing activity expanded in Mar, defying expectations of a contraction 2020-03-31

China on March 31 said the official Purchasing Manager's Index for March was 52.0, beating expectations for an economy hit by the coronavirus outbreak. Analysts polled by Reuters had expe

Most Read News Stories

1 Mongolia resumes coal exports from Gashuun Sukhait on Mar 23 2020-03-24

Mongolia officially resumed coal export business through Gashuun Sukhait to its largest market China on March 23, the country's Finance Minister Chimed Khurelbaatar said on the same day, following a s

2 China's steel product prices moderately rebound in mid-Mar, NBS 2020-03-25

China saw mild upward revisions for steel product prices in mid-March, official data showed, riding on multiple positive factors of improving market liquidity, firm iron ore prices and better macro-

3 Thailand Feb thermal coal imports hit an 18-mth high 2020-03-25

Thailand's thermal coal imports hit an 18-month high in February, with a significant increase from a year earlier, customs data showed. In February, Thailand's imports of thermal

4 China Feb power consumption down 10.1% on yr 2020-03-23

China's power consumption decreased 10.1% year on year to 439.8 TWh in February, showed data from the National Energy Administration (NEA) on March 20. For the residential segment, power

5 Inner Mongolia Jan-Feb raw coal output logs rare 14.1% drop 2020-03-27

Inner Mongolia, top coal production hub in China, logged a steep year-on-year decline of 14.1% in raw coal production in the first two months this year, according to official data, primarily affected

6 China's State Grid 2019 profit hits 6-year low 2020-03-27

State Grid Corp. of China said its profit totaled 77 billion yuan in 2019, down 1.26% from a year ago, hitting a new low since 2014, the company said in a reported dated March 24. The cou

7 China's planned coal power capacity surged 46% in 2019 2020-03-27

China's planned coal-fired power capacity last year increased for the first time since Beijing imposed restrictions on new coal plant proposals and permits in 2016, a joint study by four international

8 China's Chongqing govt to sell Chongqing Iron & Steel 2020-03-23

The State-owned Assets Supervision and Administration Commission for the Chinese city of Chongqing opened bids to sell its 100% stake in Chongqing Iron & Steel (Group) Co Ltd starting on March 23,

9 Coal India attains highest single-day production of 3.17 Mt 2020-03-23

Coal India Ltd's single-day production peaked to a new high of 3.17 million tonnes on March 20, a company official said on March 21. The figure surpassed the biggest single-day output of

10 China iron ore futures tumble as global coronavirus-related curbs intensify 2020-03-23

Dalian iron ore futures prices slid more than 5% on March 23, leading another intense sell-off in China's ferrous metal futures as stricter measures to curb the spread of the coronavirus pandemic furt

Most Read Analysis & Comments

1 China's thermal coal market shows signs of improvement 2020-03-18

China's spot thermal coal market is on track to stabilize late this week with signs of improvement shown in demand at northern transfer ports on the second trading day. Traders reported t

2 China's import coal curbs seem yet to have substantive effect 2020-03-17

Market talk that China has intensified restrictions on import coal has been spreading recently, but the effect has been seldom talked about. Based on relevent sources, sxcoal.com has summ

3 China's maritime quarantine adds blow to import thermal coal market 2020-03-19

Some Chinese customs tightened quarantine measures on all foreign vessels alongside spreading coronavirus across the world. This is expected to add additional blow to China's import thermal coal marke

4 China's steel exports fall nearly 30% in Jan-Feb, still under pressure in Mar 2020-03-19

Although China will raise export tax rebates on part of steel products from March 20, the current epidemic situation in Asian and European markets has severely curbed the demand for Chinese steel expo

5 Indonesian thermal coal stabilizes at 6-mth-plus low; trades increase 2020-03-20

Indonesian thermal coal prices stabilized at its six-month-plus low in Chinese seaborne import market, which was deemed by some participants as a sign of milder volatilities in the days ahead.

6 China's Feb coking coal imports tumble 45% on mth amid coronavirus ripple effect 2020-03-18

China's coking coal imports presented a month-on-month slump of 44.9% in February, mainly due to sharply decreased shipments from Mongolia as it shut down all export border crossings connecting China

7 Australian coking coal traded higher in China; Mongolian coal loses steam 2020-03-20

Australian premium coking coal was traded moderately higher in Chinese import market, possibly linked with a dearth of cargoes on recent closure of three coal terminals amid adverse weather conditions

8 China thermal coal price cuts do nothing to improve demand 2020-03-16

Chinese domestic thermal coal market saw prices further decline at northern transfer ports over the final trading day last week. That seemed helpless to boost buying interest but aggravated the bearis

9 Indonesian 3,800 Kcal coal steady after flagging to 6-mth low 2020-03-16

FOB price of Indonesian 3,800 Kcal/kg NAR thermal coal heading to China held steady for two sessions late last week after pulling back to a six-month low, showing no signs of improving in the near ter

10 Covid-19 impact on global coal supply may bolster Indonesian thermal coal 2020-03-26

Worldwide Covid-19 pandemic has brought several key production countries of coal into lockdown, threatening global supply of the fossil fuel. This may bolster Indonesian thermal coal prices by neutral

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