China's thermal coal prices may stay resilient next wk despite current weakness

2024-05-10 17:39:30 Viewpoint,  Price,  Thermal Coal sxcoal.com

China's domestic thermal coal prices have eased following a recent rally, owing to reduced buying interest. However, this may not lead to a downward trend in the short term.On May 10, offer prices for...

Weekly China coal market news summary (May 6-May 10)

2024-05-10 17:10:51 General sxcoal.com

China's thermal coal prices deemed "sort of high" amid weak fundamentalsThe uptick continued unabated in the China's domestic thermal coal market on May 8, with offer prices climbing another 10 yuan/t...

Weekly global coal market news summary (May 6-May 10)

2024-05-10 17:03:36 General,  International sxcoal.com

Asian heatwave spurs Newcastle thermal coal pricesNewcastle thermal coal futures have maintained an upward trajectory since late April, propelled by soaring demand from Asian countries grappling with...

China's largest offshore PV project gets approved

2024-05-11 08:25:02 Solar sxcoal.com

A 2-GW offshore photovoltaic (PV) project on May 9 received approval from the State Council for marine space utilization, marking a key step toward its formal operation.Jiangsu Lianyungang Tianwan Bea...

Thermal coal prices extend rises in China's production areas

2024-05-10 17:22:50 Price,  Thermal Coal sxcoal.com

China's pithead thermal coal prices have continued to rise, with total increases reaching 50-60 yuan/t after the holiday, mainly due to strong purchasing demand and slight supply reductions.Of the 90...

China futures market updates at close (May 10)

2024-05-10 15:17:34 Price,  futures sxcoal.com

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

China Coal Daily Track (May 10)

2024-05-10 16:32:02 Price,  Thermal Coal,  Coking Coal sxcoal.com

Thermal coalProduction area Thermal coal prices continued to rise in major producing regions, supported by modestly tightened supply due to environment inspections at some mines. Metallurgical and che...

Indonesia's PTBA on track to lift coal output to 60 Mt by 2026

2024-05-10 12:53:44 Company,  International sxcoal.com

PT Bukit Asam Tbk (PTBA), a state-owned coal producer in Indonesia, is poised to ramp up its annual production to 60 million tonnes by 2026, as the government has approved its three-year Work Plan and...

Colombia plans to reform mining law

2024-05-10 13:48:30 Policy,  International sxcoal.com

Colombian government will submit a bill to Congress in the coming months, proposing reforms to the mining law implemented since 2001.Amendments to the mining law is one of the biggest challenges facin...

China Apr coal imports hit 2nd-highest amid positive factors

2024-05-10 11:42:10 Viewpoint,  Import & Export sxcoal.com

China's coal imports reached the second-highest level in April and registered a double-digit year-on-year growth, contrary to industry insiders' expectations of a reduction.The country imported 45.25...

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