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China's domestic thermal coal market was adversely affected by high stockpiles at northern transshipment ports, prompting traders to accelerate their sales, according to market sources.On May 23, offe
Coal exports of Brisbane port in Queensland, Australia stood at 252,300 tonnes in April 2024, up 11.79% month on month, according to the latest data released by the Port of Brisbane Pty Ltd (PBPL).Bri
Anglo American rejected a third takeover proposal from BHP Group on May 22, but it agreed to extend the deadline for making a binding offer for another week.This marks the third unsuccessful intention
Coking coal supply rebounded in China's main production areas since some previously halted mines due to accidents or regular maintenance resumed operations. However, miners generally faced limited inv
The rapid development of the artificial intelligence (AI) industry requires a significant amount of power that cannot be satisfied by traditional fossil energy, making new energy sources a valuable al
Australia's largest coal-fired power plant, Eraring Power Station, is expected to remain operational for an extra two years due to worries about inadequate power supply from renewables for compensatio
Newcastle thermal coal futures continued to fall this week, due to concerns about the U.S. delaying interest rate cuts, now at a 23-year high.On May 22, the June contract on the ICE closed at $140/t,
Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.
Thermal coalProduction area Thermal coal prices edged up in major producing regions, driven by resilient purchases from metallurgical and chemical plants, climbing portside prices, as well as the incr
The HBAs (Harga Batubara Acuan), or Indonesian Coal Price Indexes, were set in mixed trends for various grades in May, with the high-calorific value (CV) grade posting a notable decline, according to
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China's coking coal market retreated last week, with some grades down 50-100 yuan/t, pressed by tightened supply and weakened demand amid thick wait-and-see stance. Online transactions also encountere
Chinese metallurgical coke market softened overall last week and participants shifted to a bearish outlook after the fifth price hike failed to be accepted by steelmakers and the emerging price cut re
Newcastle thermal coal futures have stayed above $140/t for three days, supported by strong demand and a positive outlook in Asia.?Despite a slight 0.35% dip in the June contract on ICE on May 17 to $
Thermal coalProduction area Mine-mouth thermal coal prices stayed range-bound in major producing regions amid thickened sidelined sentiment. Metallurgical and chemical plants slowed down restocking ac
PT Risun Wei Shan Indonesia, a coke producer backed by China Risun Group in the southeastern Asian country, successfully commissioned its No.2 coke oven on May 18, the group said on its website.The co
Southwestern China's Guizhou province fell short of fulfilling less than 40% of its planned coal emergency reserves in 2023, according to inspection results released by the local authorities, indicati
Inner Mongolia autonomous region has made fast advancements in coal mines' intelligent construction, building up 155 smart coal mines as of end-April this year, accounting for over a half of the total
China's domestic thermal coal market lost its upward momentum last week after the buying took a pause. However, new purchases are expected to enter the pipeline this week as the market anticipates hig
Coal production of Mongolia came in at 7.76 million tonnes in April 2024, rising 25.22% year on year yet falling 5.99% month on month, showed data from the National Statistical Office of Mongolia.The
Mongolia's coal shipments through railway stood at 971,200 tonnes in April, down 7.94% from the preceding year and 18.71% from a month earlier, showed data from Mongolian statistical authority.Rail-ca
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