Weekly global coal market news summary (Feb 26-Mar 1)

1 Australian thermal coal losing price edge on rising freight cost 2024-03-01

Rising freight rates have posed a threat to the price advantage of Australian thermal coal compared to its Chinese counterparts, bringing concerns to the market.The Capesize freight rates now are arou

2 Weekly global coal market news summary (Feb 26-Mar 1) 2024-03-01

Australian thermal coal prices rise on short supply, U.S. sanctions on RussiaAustralian thermal coal prices increased amid a lack of availability of high-CV coal in the market and after the U.S. impos

3 Weekly China coal market news summary (Feb 26-Mar 1) 2024-03-01

China's portside thermal coal prices to head lower in early Mar, tradersChina's portside thermal coal prices are expected to trend even lower in early March, traders said, dismissing the potential pos

4 Russia to reinstate flexible coal export tariffs starting Mar 1 2024-03-01

The Russian government will reintroduce flexible coal export tariffs linked to the ruble exchange rate, effective March 1, according to a Reuters report on February 29.The tariffs will be in valid unt

5 China futures market updates at close (Mar 1) 2024-03-01

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

6 NSW's 2023 coal exports to China surpass pre-pandemic level 2024-03-01

Australian coal exports to China rebounded drastically after China resumed imports early last year, local media reported on February 27.Coal exports from New South Wales (NSW) to China accounted for 2

7 China Coal Daily Track (Mar 1) 2024-03-01

Thermal coalProduction area Mine-mouth thermal coal prices were mixed on March 1. Prices for premium coal grades ticked up in Shenmu, Shaanxi province, while some grades in Yulin declined. Some miners

8 Infographic | S. Africa coal exports in Jan 2024 2024-03-01

Infographic | S. Africa coal exports in Jan 2024

9 China's manufacturing PMI dips to 49.1% in Feb amid holiday impact 2024-03-01

China's Purchasing Managers' Index (PMI) for the manufacturing sector retreated to 49.1% in February, down from 49.2 a month earlier, data from the National Bureau of Statistics showed.The manufacturi

10 Review: Japan Jan coal imports extend rise, yet Russian coal slumps 2024-03-01

Japan's coal imports increased for the second straight month in January 2024, hitting a 12-month high albeit at a low level compared to the same period in the previous years, according to data from Ja

1 China's finished steel stocks surge for 6th session in mid-Feb, CISA 2024-02-27

Inventory of five major steel products in China's 21 cities posted notable increases in mid-February (February 11-20), up 26.8% or 0.26 million tonnes from early February to 12.12 million tonnes, acco

2 China's 5 southern provinces post nearly 30% surge in Jan power consumption 2024-02-27

Power consumption of China's five southern provinces soared 29.7% from a year earlier in January, reaching 131.3 TWh, showed data from grid operator China Southern Power Grid.The primary, secondary an

3 Indian power cos Jan thermal coal imports up to 3-mth high 2024-02-27

India's power generators' thermal coal imports shifted to increase from the prior month's decline, rising to a record level since October 2023 and to the second-highest for the current fiscal (April 2

4 Russian coal exports to increase post 2024 on infrastructure development, official 2024-02-28

Russian coal exports are predicted to increase after 2024 with infrastructure projects coming into operation, TASS reported, citing Deputy Energy Minister Sergey Mochalnikov.The optimistic outlook is

5 China's thermal coal demand wanes; liquidity limited 2024-02-26

Thermal coal market at northern China ports started the week with a slight price decline, returning some gains from last week, amid subdued demand particularly for mid-CV cargoes, according to traders

6 China met coal market in figures (Feb 28) 2024-02-28

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

7 China Coal Daily Track (Feb 26) 2024-02-26

Thermal coalProduction area Thermal coal supply continued to be tight in main producing regions, though more mines resumed operation in recent days. Coal mines reported eased inventory pressure and go

8 Weekly: China's anthracite prices decline marginally from the pre-holiday level 2024-02-27

China's domestic anthracite prices edged down last week (Feb 18-23) as fundamentals remained unimproved, which eroded market confidence about any forthcoming rebound in near the term.?While a growing

9 New sanctions to aggravate woes of Russian coal exports 2024-02-27

Beyond many challenges already in place, Russian coal exporters will face new sanctions, which would likely lead to a deep decline in exports this year.On February 23, President Biden announced that t

10 China's coastal coal freight rates tick up amid favorable factors 2024-02-26

Freight rates for coal transportation on China's coastal sea routes rose moderately amid limited favorable support during the past week, yet notable variations were observed among different routes.The