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

sxcoal.com Price, Production & Sales 2023-11-10 16:50:31

Int'l thermal coal prices continue downtrend despite traditional peak season

International thermal coal prices generally declined last week. Although Asian demand has shown signs of recovery with the northern hemisphere entering the traditional peak season, the continual warme

Indonesian thermal coal prices up on Chinese domestic rebound

Indonesian thermal coal prices edged up on November 8, fueled by improved sentiment encouraged by further rebound in Chinese domestic market.Chinese utilities continued to float tenders for deliveries

Newcastle port Oct coal exports remain strong despite disrupted deliveries

Newcastle port, the world's largest coal port located in Australia's New South Wales, saw coal exports increase for the second straight month in October, which hit a three-month high and registered a

S Africa considers delaying shut of 8 coal-fired plants amid power crisis

South Africa plans to postpone the decommissioning of eight coal-fired power plants in response to power crisis, Reuters reported, citing three senior government officials.The move may hinder the nati

Russia Jan-Sep coal exports up 7.1% on yr

Russia exported 164.9 million tonnes of coal during January-September 2023, rising 7.1% or 10.9 million tonnes from a year earlier, source reported.As for deliveries to the domestic market, Russia sen

Moscow eyes new rail links to boost trade with China

Russia is planning to build at least two new railways to China as part of a push to boost trade with its eastern neighbor, according to a government document seen by Sxcoal.The project, which would re

Mongolian miner Energy Resources' coking coal auction price hits new high

Energy Resources LLC, an indirect wholly-owned subsidiary of Mongolian Mining Corporation, saw its settlement price of online coking coal auctions on the Mongolian Stock Exchange climb to a new high a

Mongolia's Jan-Oct coal exports nearly 30 Mt higher YoY

Mongolia's coal exports totaled 52.04 million tonnes during the first ten months of 2023, surging 28.93 million tonnes or 125.23% year on year, according to the latest data from the Mongolian Customs

Review: Indonesia's Sep coal exports fall for two straight months as shipments to China drop

Indonesia's coal exports extended declines in September for the second straight month but remained above 40 million tonnes for a third month running, latest official data showed.Coal exports from Indo

EIA forecasts US coal production to keep falling in 2023 and 2024

In line with the shift towards cleaner energy sources, US coal output is projected to decline in 2023, dropping from 594.2 million short tons in 2022 to 585.4 million short tons (531.07 million tonnes

Australia Oct coal exports up for 2nd mth, Kpler

Coal exports from Australia rose 4.18% month on month and 9.43% year on year to 30.28 million tonnes in October, which marked the second consecutive month of increase, according to cargo tracking data

Indonesian gov't approves 38 mining quota revision requests for 2023

The Indonesian government has given the green light to 38 out of 84 mining quota revision requests for the year 2023, including nickel, coal, or other minerals, as disclosed by a mining ministry office

(Writing by Rebecca Liu Editing by Harry Huo)
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1 China futures market updates at close (Feb 8) 2024-02-08

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

2 Indonesian low-CV thermal coal prices edge up as Chinese tender prices rise 2024-02-08

Indonesian low-CV thermal coal rose slightly this week despite light demand from Chinese traders who were leaving their desks for the Chinese New Year holiday. The momentum was mainly gained from a ri

3 China's coking coal mines see output, inventory fall as holiday nears 2024-02-08

Coking coal output continued falling in China's major production areas, as more mines suspended extraction for the Chinese New Year holiday break. Inventories at mines also decreased amid output contr

4 Newcastle port Jan coal exports up over 30% on yr 2024-02-08

Newcastle port, the world's largest coal port located in Australia's New South Wales, registered an obvious year-on-year increase of coal exports in January, despite falling from the previous month's

5 Weekly global coal market news summary (Feb 4-8) 2024-02-08

Newcastle coal prices fall after two-day rally as supply outlook weighsNewcastle thermal coal futures slipped on February 6, pulling back from a two-session gain, as higher projected output from major

6 Weekly China coal market news summary (Feb 4-8) 2024-02-08

Summary: coke & steel-related initiatives in major Chinese provinces' 2024 work plansChina's major provinces and regions have recently released their government work reports, reflecting on their achie

7 China's PPI, CPI drops abate in Jan, yet economic concerns persist 2024-02-08

China's producer price index (PPI), gauging the cost of goods at the factory gate, fell 2.5% year on year in January, compared with a 2.7% decrease a month ago, official data showed on February 8.On a

8 Russian coal exports to SE, S Asia surge in 2023, Kpler 2024-02-08

Exports of Russian coal to Southeast and South Asian countries soared in 2023 after supplies to the EU were banned due to the Russia-Ukraine conflict, according to data from the cargo-tracking firm Kp

9 China Coal Daily Track (Feb 8) 2024-02-08

Thermal coalProduction area Most private mines in main producing regions have suspended operations for the Chinese New Year holiday, while those state-owned mines were still dedicated to term contract

10 Australia Jan coal exports down 13.58% on mth, Kpler 2024-02-08

Coal exports from Australia decreased 13.58% month on month to 29.06 million tonnes in January, which was still 5.72% higher than the year-ago level, according to cargo tracking data from Kpler.Japan