Mongolian coking coal e-auction trading volumes decline, reflecting weak demand

2024-03-29 17:18:53 Price,  International,  Coking Coal sxcoal.com

Mongolia witnessed its coking coal trades through e-auctions lost strength in March, with the volume notching a new low since August 2023, according to data compiled by Sxcoal based on the trading inf...

Weekly China coal market news summary (Mar 25-Mar 29)

2024-03-29 17:08:02 General sxcoal.com

China's domestic thermal coal prices slide on growing bearish sentimentChina's portside thermal coal prices continued the moderate decline on March 28, owing to an excess of supply coupled with weaken...

Weekly global coal market news summary (Mar 25-Mar 29)

2024-03-29 17:06:51 General,  International sxcoal.com

Newcastle thermal coal prices soar as India, Vietnam ramp up importsNewcastle thermal coal futures extended the uptick for three consecutive trading days, driven by increased imports from India and Vi...

Germany's hard coal imports fall 25.8% on yr

2024-03-29 16:05:43 Import & Export,  International sxcoal.com

Germany imported 2.40 million tonnes of hard coal in January 2024, falling 25.80% from the year-ago level, according to preliminary data from German Statistics Bureau.The imports, however, were 8.33%...

Vietnam Feb coal output hit 5-yr low

2024-03-29 15:49:16 Production & Sales,  International sxcoal.com

Vietnam's coal production in February fell substantially to a new low since March 2019, latest customs data showed.The country produced 3.03 million tonnes of coal in February, slumping 21.23% from 3....

Yankuang Energy 2023 net profit down 39.62% YoY to 20.14 bln yuan

2024-03-29 15:35:37 Company,  Production & Sales,  Cost & Profit sxcoal.com

Yankuang Energy Group Co., Ltd., a major state-owned mining group in China, earned a net profit of 20.14 billion yuan ($2.79 billion) in 2023, slumping 39.62% from last year, according to the company'...

China futures market updates at close (Mar 29)

2024-03-29 15:09:38 Price,  futures sxcoal.com

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

Indonesian thermal coal prices start to fall; Australian coal demand emerges

2024-03-29 16:30:36 Viewpoint,  Price,  International,  Thermal Coal sxcoal.com

Indonesian thermal coal prices began to fall notably this week as demand retreated from Chinese buyers, who took a backseat in response to the continued price declines in the Chinese domestic market.S...

China Coal Daily Track (Mar 29)

2024-03-29 14:26:47 Price,  Thermal Coal,  Coking Coal sxcoal.com

Thermal coalProduction area Thermal coal prices edged up in major producing regions, with some grades rising 5-10 yuan/t. This was mainly attributed to a periodical wave of restocking activity, leadin...

CISA proposes steel mills to reduce production amid supply-demand imbalance

2024-03-29 13:30:55 Price,  Production & Sales,  Cost & Profit sxcoal.com

China Iron and Steel Association (CISA) called for production controls at steel mills in response to a lacklustre steel market characterized by high output, cost and stocks yet low demand, prices and...

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