Weekly global coal market news summary (Feb 4-8)

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

1 China's coking coal production falls fast as holiday nears 2024-02-05

Coking coal production continued falling in China's major production areas, as more miners suspended mining activities for holiday breaks and snowfall-disrupted transportation.Sxcoal's tracking data s

2 China's thermal coal market remains stable amid waned trading activity 2024-02-06

With waning trading activity at mines and ports, China's domestic thermal coal market continued to be flat ahead of the Chinese New Year holiday starting late this week, but insiders held a bullish vi

3 S Africa's Eskom faces future coal shortfall of up to 700 Mt 2024-02-05

South Africa's state-owned power utility Eskom is projected to experience a coal shortfall ranging from 650 million to 700 million tonnes until 2050.However, this shortfall presents a potential opport

4 China met coal market in figures (Feb 7) 2024-02-07

China coking coal, met coke and steel market key figures in focus.

5 Review: S Africa's 2023 coal exports still below pre-pandemic level 2024-02-06

South Africa's coal exports in 2023 increased for the second consecutive year, but still lower than the pre-COVID level. In December, coal exports registered a substantial increase to an eight-month h

6 China Coal Daily Track (Feb 7) 2024-02-07

Thermal coalProduction area More mines in main producing regions were seen to suspend for the Chinese New Year holiday, while those still running focused on term contract fulfillment. Both supply and

7 Int'l thermal coal prices remain under pressure as demand lags 2024-02-06

International high-CV thermal coal prices continued moving downward last week, curbed by sluggish demand in Europe and the Asia-Pacific region, where stockpiles were sufficient.Nevertheless, Indonesia

8 Monthly: China Jan lump anthracite prices decline amid bearish sentiment 2024-02-04

China's lump anthracite market remained weak in January, since most end-buyers purchased on a need-to basis only. The market continued to see loose supply last month, and coal prices accordingly dropp

9 Coal imports at China's Ceke border port jumps 143.4% YoY in Jan 2024-02-06

Ceke border crossing, China's second-largest inland port with Mongolia, imported 1.83 million tonnes of coal in January 2024, surging 143.4% from the year ago, showed data from local authorities.In Ja

10 Weekly: China's anthracite prices stabilize on tight supply 2024-02-04

Anthracite prices in China's main producing regions stabilized last week from the previous decline due to reduced supply after many private mines suspended operations to allow workers to return home e