Suek's coal sales dipped in the first quarter as a result of a weaker domestic market, although the fall was partially offset by increased international business, Russia's largest miner of the fossil fuel said Thursday. Suek's overall ...
Tags: Domestic Market, coal sales, miner
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
Seaborne prices at China's southern ports searched for direction in thin Asia trade Monday as currency and freight issues for the most part precluded deals in the CFR South China market, said traders. The Platts/Fenwei CFR South China ...
Tags: Thermal Coal, China market, weaker currency
Chinese buyers refrained from meeting the delivered-price expectations of seaborne cargo sellers in unsettled Asian trade Friday, as weak fundamentals in the domestic market prolonged a week-old standoff between buyers and sellers, said ...
Tags: China Cargo Market, coal producer, thermal coal market
The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...
Tags: Buckles, Thermal Coal
Fears of China moving to ban the import of lower grade coal have again resurfaced amid concern over the country's high pollution levels, with several market participants indicating that the government is seriously contemplating such a move ...
Bearish sentiment blanketed the Indonesian thermal coal market Wednesday amid reports of price discounting by major Chinese coal producers to their domestic customers, said traders. A medium-sized Indonesian coal producer said he expected ...
Tags: Thermal Coal Market, Deal-Making
Two trades for mid-calorific value imported thermal coal for delivery to ports in South China were heard in the seaborne market during Friday's Asia trading session, supporting prices, said market sources. The Platts/Fenwei CFR South ...
Tags: thermal coal, Mineral
Anglo American's thermal coal division produced 67.6 million mt in the 2013 financial year, slipping 2% on the year due to lower-than-expected production at Colombia's Cerrejon and South Africa's New Vaal mines. The miner said in its ...
Tags: Thermal Coal, Mineral
A few Chinese thermal coal buyers were reportedly concluding deals for March-delivered imported shipments, even as most of them were getting ready to wind up for the upcoming holidays, sources said Monday. A mini-Capesize cargo of ...
More Chinese thermal coal buyers may renege on contracts for imported thermal coal shipments as international prices continue to slide, sources said Tuesday. "All the [thermal coal] prices have come down and so some reports of Chinese ...
Tags: Thermal Coal, Mineral
Chinese domestic thermal coal prices have fallen further, fuelling speculation that some power utilities might be looking to walk away from existing contracts for imported material, sources said Monday. "I have heard rumours maybe that ...
Tags: Thermal Coal, Domestic Prices
China's resource tax reform plan for the coal industry has already been submitted to the State Council and might possibly be carried out as early as January 1, 2014, a source was quoted by a financial information portal as saying Thursday. ...
Not many thermal coal buyers are looking to conclude deals for imported material this week with Chinese Lunar New Year holidays approaching, sources said Monday. "The delivery window before the Lunar New Year is closed," a source at a ...
Tags: Thermal Coal, Imported Material
A small upturn in prices for sub-5,000 kcal/kg NAR Chinese thermal coal on perceived stirrings of restocking activity for the upcoming northern hemisphere winter and some market tightness was seized on by traders Friday. South China ...
Tags: Coal, Metallurgy, Mineral, Energy