Weekly global coal market news summary (Nov 29-Dec 3)

sxcoal.com General 2021-12-03 17:02:34

Indonesian thermal coal trades quiet as buying enthusiasm fades

Indonesian thermal coal market saw an uneventful session at the beginning of this month with offers and bids largely unchanged, accor...

 

Mongolian coking coal prices extend rise after China tightens entry rule

Mongolian coking coal prices extended gains on December 2 in anticipation of reduced supply after China's Ganqimaodu border crossing,...

 

Is rising Omicron scare triggering fall in global thermal coal prices?

The fluctuations in global thermal coal prices seem unlikely to lose momentum as these rates, which saw an average rise of $30/t till...

 

India's CIL Nov coal output hits 8-mth high

Coal India Ltd., India's largest state-run coal miner, reported its coal production climbed 4.06% from 51.7 million tonnes in a year ...

 

India's Sep coking coal imports fell 7% on yr

India imported 4.27 million tonnes coking coal in September, down 7% on the year and 2% on the month, showed data from mjunction. ...

 

Turkey Oct thermal coal imports at 18-mth low

Turkey's thermal coal imports slumped 52.34% from a year ago and 39.01% on the month to 1.65 million tonnes in October, marking a 18-...

 

US coal output estimated to slide 3.74% WoW in the 3rd week of Nov

The U.S's coal output was estimated at 11.2 million short tons (10.16 million tonnes) over the week ending on November 20, down 3.74%...

 

Poland Oct coal production down 3.6% MoM

Poland's coal production totaled 8.62 million tonnes in October, rising 1.44% from a year ago, but falling 3.6% from September, showe...

 

Rail capacity restraint puts S Africa's Oct coal exports well below year-ago level

South Africa's coal exports fell again in October from a six-month high in the previous month and hit the lowest level for the same m...


(Writing by Emma Yang  Editing by Tammy Yang)
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Indonesian thermal coal prices rose on April 25 due to increased interest from Chinese and Indian buyers. Yet, this price increase might not last long given the unchanged fundamentals.Chinese traders

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