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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.
Canada produced 3.32 Mt of coal in Jan, down 22.9% YoY and 21.4% MoM, showed data from Statistics Canada.
Coal shipments from Australia's Gladstone port increased 14.7% YoY and 11.1% MoM to 5.60 Mt in Mar 2024, showed data from the Gladstone Ports Corporation.
Erenhot border port in N China's Inner Mongolia, the largest land port between China and Mongolia, has begun 24-hour operation of customs clearance of freight transport from Apr 1, 2024, which will last for six months, state media reported. The port handles over 70% of the daily necessities transported via trucks between these two countries.
Coal imports into China's Taiwan were up 23.07% YoY and surged 91.23% MoM to 5.40 Mt in Mar, preliminary customs data showed. The total import value was $927 mln, down 15.9% YoY yet soaring 85.13% MoM.
Coal exports from three major North Queensland terminals in Australia were 10.57 Mt in Mar, down 6.43% YoY and 4.82% MoM, showed data from North Queensland Bulk Ports Corporation.
Vietnam imported 5.43 Mt of coal in Mar, rising 46.18% YoY and 30.11% MoM, up to an 8-mth high, preliminary customs data showed.
India imported 21.64 Mt of coal in Feb, up 13% YoY, of which, non-coking coal imports stood at 13.77 Mt and coking coal intakes were 4.56 Mt, showed data from e-commerce platform mjunction.
Coal exports at the Hampton Roads terminals in the state of Virginia of the US amounted to 3.30 mln short tons (2.99 Mt) in Feb, falling 4% MoM yet rising 8% YoY, according to the Virginia Maritime Association estimates.
China's domestic thermal coal prices continued a slight increase for the second trading day, reversing a previous decline since late February, driven by higher demand from traders to fulfill deliverie
Market participants expected the first round of 100-110 yuan/t price increase by China's metallurgical coke producers to materialize, citing the rise of feed coal prices and recovering molten iron out
China's PCI coal prices stabilized last week, backed by regional shipment constraints, contracted supply and a rise in buying interest from some steel mills.On April 12, the Fenwei CCI index for Chang
China's coal production reached 1.11 billion tonnes in the first quarter of 2024, falling 4.1% compared with the same period last year, the latest data from the National Bureau of Statistics showed.In
Thermal coalProduction area Mine-mouth thermal coal prices ticked up in major producing regions, as stable portside market boosted trading activity. Coal shipments improved with more coal trucks arriv
Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.
China's coal prices are expected to remain subdued in the second quarter this year, despite potential tightening of supply anticipated by some industry insiders.Conversely, the country's coal producti
China's production of coal, coke, crude steel and other main industrial products in Mar 2024.
China's domestic anthracite market held steady in the week ending April 12, except for minor rebounds observed in some grades as trading activity recovered.Mine-mouth anthracite supply ticked up compa
China Shenhua Energy Company Limited, a flagship subsidiary of China Energy Investment Corporation, produced 28.20 million tonnes of commercial coal in March, rising 3.3% from the year-ago level, whic
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
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
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
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
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
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.
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
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.
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
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
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 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
While other regions in the country are still in spring, southern China has already transitioned into an early summer, marked by frequent high temperatures persisting for extended periods.Since last we
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