Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...
Tags: Chemicals, CFR Cargoes Trade, Chinese Market
Prices fell at the front of the curve in all over-the-counter US coal contracts assessed by Platts on Tuesday, with the Central Appalachian barge and rail (CSX) markets both having an ample volume of contracts cleared. In the CAPP rail ...
Tags: coal markets, coal, thermal coal
Traded volumes of OTC and exchange-cleared European-delivered thermal coal derivatives jumped to a three-month high of 132.47 million mt in February, according to London Energy Brokers' Association data Tuesday. API2 (CIF ARA) traded ...
Tags: thermal coal swaps, coal swaps volumes, coal swaps, coal
February coal exports from South Africa's Richards Bay Coal Terminal increased 29% month-on-month to 5.45 million mt, although the volume shipped was 10% lower year-on-year, according to RBCT data released Friday. Monthly exports from ...
Tags: coal exports, South Africa, coal industry
FOB prices for Australian 5,500 kcal/kg and 6,000 kcal/kg net-as-received spot cargoes came under intense pressure Thursday from a firmer freight market, lower Asian physical demand and weaker prices for domestic coal in China, market ...
Tags: spot cargo, Thermal Coal, Asia
Canada's Challenger Deep Resources has entered into an exclusive agreement that allows it to conduct due diligence at Indonesian company HAAS' Alam Bahteria Barito Raya coal project in central Kalimantan, and if it is satisfied with the due ...
Tags: coal project, Canada, coal industry
Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
CA South Korean power utility was active in the spot Australian market Friday, and was close to purchasing at least one Q2-loading Capesize cargo of high ash thermal coal at a price equivalent to $74/mt FOB Newcastle on a 5,500 kcal/kg NAR ...
Australian coal producer Xstrata has announced its production results for 2012. Accordingly, Xstrata's total consolidated coal production in 2012 rose by seven percent year on year to a record 90.4 million mt. In 2012, Xstrata's total ...
Tags: Xstrata, Coal Output, Mineral
Chinese buyers needing coal promptly would have to pay higher prices currently due to supply constraints created by weather-related disruptions in both Indonesia and Australia, sources said Thursday. "People who have been caught short ...
Tags: coal, thermal coal, Asia
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in 2012 increased by seven percent to 6.532 million mt compared to 2011. In 2012, Mechel saw a 12 percent year-on-year increase in its ...
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has proposed that the definition of coking coal should be changed to promote and encourage the iron and steel industry to shift their manufacturing base to new and ...
Tags: coking coal, iron industry, steel industry
Chinese majority-owned coal producer Yancoal has announced that its open-pit mines Yarrabee and Middlemount have been affected by the heavy rainfalls impacting Australia's Queensland region. Production from the mines is likely to be ...
Tags: coal production, coal Exports, coal mining