Weekly global coal market news summary (Apr 8-Apr 12)

sxcoal.com General,  International 2024-04-12 16:18:04

Int'l thermal coal market lacks strong incentives to move upward

International thermal coal prices sustained the weakness last week, with no prominent supportive factors showing around. The prices growth in high-calorific value (CV) cargoes notably contracted, whil

 

Indonesian thermal coal prices face downward risk from lower tender offers

Indonesian spot thermal coal prices are likely to move downward, pressed by lower offers for tenders released by Chinese power utilities.On April 11, a Fujian-based utility closed a tender for several

 

Global thermal coal trades expected to fall in the next five years, REQ

Global thermal coal trades are anticipated to broadly decline over the next five years, yet with mixed trends in different nations, according to the Resources and Energy Quarterly issued by Australia'

 

Indonesian coal producers underperform in 2023 amid price decline

Indonesian coal companies experienced substantial decreases in their net profits last year, mainly due to the decline in coal prices, according to their annual reports of late.PT Adaro Energy Indonesi

 

India doubles new coal-fired power capacity in 2023

India added 5.5 GW of new coal-fired power capacity in 2023, doubling the capacity added in 2022, according to the Global Energy Monitor's annual survey,.Last year also marked the lowest rate of coal

 

South Africa's coal industry faces regulatory scrutiny amid calls for sustainability

South Africa's coal industry is facing increasing regulatory scrutiny as concerns mount over environmental sustainability and compliance with air-quality standards.The industry, long regarded as a cor

 

Russian Railways aims for record coal transport via Eastern Polygon in 2024

Russian Railways has set ambitious targets for coal transportation via the control section of the Eastern Polygon in 2024, aiming to deliver 111 million tonnes throughout the year, according to a TASS

 

Mongolian coal exports rebound in Mar, MCGA

Mongolia's coal exports totaled 17.66 million tonnes over January-March 2024, increasing 28.14% from the year-ago level, according to the latest data from the Mongolian Customs General Administration

 

Russia Mar seaborne coal exports down 8.1% on mth, Kpler

Russia's seaborne coal exports declined 8.11% month on month to 10.86 million tonnes in March 2024, according to Kpler's cargo-tracking data.The volume was also 29.81% lower compared with the same mon

 

(Writing by yan.sun  Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 Weekly: China's thermal coal prices increase on limited supply, cost support 2024-05-27

China's domestic thermal coal prices rebounded last week as the market drew support from elevated costs and limited availability. However, limited trading activity and high stocks at north China ports

2 China's thermal coal market lacks meaningful supports 2024-05-27

China's domestic thermal coal market started the week with uncertainty about its direction, as no dominant factors emerged to decisively impact market trends.Both increases and decreases were observed

3 Germany Mar hard coal imports down for 2nd mth 2024-05-27

Germany imported 1.97 million tonnes of hard coal in March 2024, falling 31.54% from the year-ago level, according to preliminary data from German Statistics Bureau.The imports were also 4.29% lower t

4 India Apr coal imports up 10% on mth 2024-05-27

India imported a total of 25.95 million tonnes of coal in April 2024, rising 6.14% year on year (YoY) and 9.99% month on month (MoM), according to data released by Iman resources.In the month, non-cok

5 China's coking coal prices rise amid slow output recovery and firm demand 2024-05-27

China's coking coal market started the week with a slow recovery of production and resilient demand from coking plants, tightening supply and prompting some miners to raise prices.On May 27, the CCI I

6 Weekly: China's coking coal prices drift higher on brightened sentiment 2024-05-27

China's coking coal market trended upwards later last week, with miners raising prices by 50-100 yuan/t supported by firm demand from coking plants and traders amid favorable macroeconomic policies an

7 China's electricity consumption expected to rise 6.5% in 2024 2024-05-27

China's electricity usage is forecast to grow by 6.5% year on year to 9,820 TWh this year, according to a report released by State Grid Energy Research Institute on May 23.Power consumption in the sec

8 China futures market updates at close (May 27) 2024-05-27

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

9 China Coal Daily Track (May 27) 2024-05-27

Thermal coalProduction area Thermal coal prices continued to rise in major producing regions. The overall supply slightly constrained as more mines completed monthly production targets at the end of t

10 Jan-Apr profit of China's coal mining and washing industry slumps 34.2% YoY 2024-05-27

The coal mining and washing industry in China earned a total profit of 199.89 billion yuan ($27.76 billion) in the first four months, a decrease of 34.2% compared with the same period of last year, sh

Most Read Articles

1 China thermal coal market in figures (May 22) 2024-05-22

China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.

2 China met coal market in figures (May 22) 2024-05-22

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

3 S China power consumption jumps in Jan-Apr, reflecting economic vitality 2024-05-22

Power consumption in China's five southern provinces soared 11.4% year on year to 500.3 TWh in the first four months of this year, according to data from China Southern Power Grid (CSG), the regional

4 China's portside thermal coal prices extend uptrend on limited supply, cost support 2024-05-22

Spot thermal coal prices at northern China ports continued to increase on May 22, extending a rally that brought the prices to the highest since mid-March, as the market drew support from elevated cos

5 Japan Apr coal imports dip 0.3% on yr, prelim data 2024-05-22

Japan imported 13.20 million tonnes of coal in April, ticking down by 0.3% year on year, showed the preliminary data from the Ministry of Finance on May 22.The import value amounted to 400.39 billion

6 Int'l thermal coal market diverges amid mixed factors 2024-05-22

The international thermal coal market saw mixed trends last week. Weak demand from major importers exerted downward pressure on coal prices, while regional logistical constraints and resilient demand

7 Canada Mar coal exports down 1.56% on yr 2024-05-22

Canada exported 3.51 million tonnes of coal in March 2024, falling 1.56% on the year, according to data from Statistics Canada.The volume, however, was 25.60% higher than the month-ago level, marking

8 China futures market updates at close (May 22) 2024-05-22

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

9 US proposes blocking new coal leases in nation's largest mining region 2024-05-22

The US Bureau of Land Management (BLM) has released a proposal to prevent future coal leases on public lands in the Powder River Basin, which is the largest coal mining region in the country, accordin

10 China Three Gorges Renewables' daily power generation exceeds 300 GWh 2024-05-22

China Three Gorges Renewables (Group) Co., Ltd. (CTGR), a subsidiary of China Three Gorges Corporation, reported its daily power generation exceeded 300 GWh threshold for the first time on May 10, rea