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Japan imported 13.13 Mt of coal in Mar, a 6.1% y-o-y decrease, showed the preliminary data from the Ministry of Finance on Apr 17. The import value amounted to 385.48 bln yen ($2.49 bln), falling 35.1% YoY.
BREAKING: Israel officially launches attack on Iran.
Mongolia's coal shipments through railway stood at 1.20 Mt in Mar, down 4.97% YoY but rising 5.38% MoM, showed data from Mongolian statistical authority.
Coal production of Mongolia came in at 8.21 Mt in Mar 2024, rising 33.08% YoY and 21.48% MoM, showed data from the National Statistical Office of Mongolia. The country's iron ore production was 780,000 t, surging 154.65% YoY and 112.24% MoM.
China's 10 largest coal mining groups (in terms of production) produced 550 Mt of raw coal in Jan-Mar 2024, falling 6.24% YoY, according to statistics released by China National Coal Association.
More mines in NW China's Shaanxi province adjusted up chemical-purpose coal prices by 10-20 yuan/t today. One miner increased 30-80mm lump coal price by 20 yuan/t to 780 yuan/t, while another miner raised price for 5,900 Kcal/kg NAR coal (0.3% sulfur) by 10 yuan/t to 700 yuan/t, both on mine-mouth basis with VAT.
China Coal Energy Co., Ltd, the listed arm of China National Coal Group, reported its polyolefin output was up 0.8% YoY and flat MoM at 132 Kt in Mar 2024, while polyolefin sales increased 7.1% YoY and 53.1% MoM to 150 Kt, according to figures released by the company on Apr 16.
Iron ore exports to China from Australia's Port Hedland increased 6.05% YoY and 27.90% MoM to 42.85 Mt in Mar, according to the Pilbara Ports Authority. The shipments to China accounted for 86% of the port's total iron ore exports in the month.
Rio Tinto's iron ore production was registered at 68.70 Mt in Q1 2024, falling 2% YoY and 10% QoQ. Shipments stood at 68.76 Mt, down 4% YoY and 9% QoQ.
China's GDP increased 5.3% YoY in Q1, beating expectations and the actual rise of 5.2% for the full year of 2023, jointly driven by the rebound industrial activity and good performance in the service sector, the NBS data showed.
China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp, saw its total polyolefin sales picked up 0.17% YoY and rose 12.2% MoM to 60.7 Kt in Mar 2024, said the company in a report on Apr 16.
China's coal production reached 1.11 billion tonnes in Q1, down 4.1% YoY, the NBS data showed. In Mar alone, the output fell 4.2% to 399.33 Mt.
ETT, a leading Mongolian mining company, has clarified that its sales activities are running normally, according to a statement released by the company recently.
China exported 25.80 Mt of steel products in Q1 2024, rising 30.7% YoY, according to the latest data released by the GAC. Export value totaled $20.34 bln during the period, down 12.9% YoY.
S Korea imported 8.23 Mt of coal in Mar, down 25.74% YoY and 22.09% MoM, customs data showed. The import value reached $1.34 bln in the month, down 40.53% YoY and 12.97% MoM.
The equity raw coal production of Australian miner Whitehaven Coal Ltd. totaled 3.53 million tonnes during January-March 2024, rising 2.9% from 3.43 million tonnes a year earlier, the company announce
Coal transportation volume by rail to the Richards Bay Coal Terminal (RBCT), South Africa's biggest coal export terminal, has substantially recovered following the decrease caused by a railway derailm
Anhui Wenergy Co., Ltd., a Shenzhen-listed power producer headquartered in eastern China's Anhui province, said coal supply under long-term contracts accounts for 70-80% of its coal consumption, with
China coking coal, met coke and steel market key figures in focus.
Mongolia's coal shipments through railway stood at 1.20 million tonnes in March, down 4.97% from the preceding year but rising 5.38% from a month earlier, showed data from Mongolian statistical author
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.
Coke prices in China are expected to continue rising after the first hike so far this year, as improved profitability at steel mills boosts demand for the key steelmaking raw material.The first hike o
China's domestic thermal coal prices have recently seen a surprise uptick, despite comfortable coal stocks at power utilities.On April 18, offers for 5,500 Kcal/kg NAR thermal coal stood around 830-84
Coal production of Mongolia came in at 8.21 million tonnes in March 2024, rising 33.08% year on year and 21.48% month on month, showed data from the National Statistical Office of Mongolia.The country
China Energy Investment Group, the nation's top producer of the fossil fuel, has reported robust production and operational performance in the first quarter of 2024.The state-owned energy giant said i
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
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.
China's premium low-volatile hard coking coal (PLV HCC) output increased substantially in March 2024, recovering to nearly January's level, as mines that shut down for the Chinese New Year holiday gra
China coking coal, met coke and steel market key figures in focus.
Int'l thermal coal market lacks strong incentives to move upwardInternational thermal coal prices sustained the weakness last week, with no prominent supportive factors showing around. The prices grow
Coal shipments from Australia's Gladstone port rose 14.7% from a year earlier to 5.60 million tonnes in March 2024, showed data from the Gladstone Ports Corporation.The volume was also 11.1% higher th
Coal imports of China's Taiwan in March nearly doubled that a month earlier, rising to the highest since August 2023, preliminary customs data showed.The March volume was up 23.07% from 4.39 million t
Yankuang Energy Group Co., Ltd., a major listed coal miner in China, expected domestic and international coal prices to experience narrow fluctuations for 2024, yet remaining at elevated levels within
China's production of coal, coke, crude steel and other main industrial products in Mar 2024.
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
International thermal coal prices showed mixed trends last week. An accident in the U.S. bolstered Australian and South African coal prices, whereas prices in other major markets extended declines due
Thermal coalProduction area Mine-mouth thermal coal prices saw minor corrections in major producing regions. Chemical and metallurgical plants placed restocking orders, boosting offtakes at mines with
China's metallurgical coke prices decreased further by a total 300-330 yuan/t in three rounds in March, as steelmakers continued to control their coke arrivals due to drops in futures and steel prices
China's coking coal prices continued to fall in March, as coking plants slowed down purchases amid ongoing losses, exacerbating offtake difficulties at mines.Feb Supply-demandChina's effective supply
China's portside thermal coal prices were broadly unchanged after more deals were concluded, but traders anticipated that the market has yet to emerge from its current lull.On April 2, offers generall
Influenced by the downward trend in portside prices, the momentum of thermal coal prices at China's major producing regions has been somewhat lackluster. While a few mines in certain regions adjusted
Alongside downward trends of other coal types, China's domestic lump anthracite market further weakened in March due to persistent weak demand.Overview of Feb marketSupply The effective supply of lump
The international thermal coal market witnessed an initial increase, followed by a decline, and then trended upward towards the end of the month.At the start of the month, U.S. sanctions on two Russia
Amidst bearish sentiment prevailing in the market, China's coking coal prices headed south again after a temporary uptick last week caused by a recovery of finished steel transactions, which raised de
China's coastal coal freight rates experienced fluctuations due to a mix of positive and negative factors. However, overall, the rates increased, driven by demand growth in southbound routes, albeit w
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