A higher-than-expected increase Wednesday in FOB prices at China's Qinhuangdao port for 5,500 kcal/kg NAR domestic thermal coal gave a lift to imported thermal coal prices which advanced to $79/mt basis South China ports, said market ...
Tags: Thermal Coal, high-ash cargo
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
China's appetite for coal, once seemingly unlimited, is starting to wane, and the effects are rippling far from the Middle Kingdom. With the world's second-largest economy, China in recent years has been driving demand for all sorts of ...
Tags: Coal, Metallurgy, Mineral, Energy
Central Appalachian thermal coal prices fell for a fourth consecutive session on Wednesday, pushing front-year calendar prices to multi-year lows. Both the CAPP barge physical and rail (CSX) swap contracts traded lower in a mid-afternoon ...
Tags: Chemicals
China's domestic thermal prices are bottoming due to increased coal demand and transactions, while local producers like China Coal and Shenhua are not expected to cut production, an analysts' report from UOBKayHian said Tuesday. The ...
Tags: Thermal Coal Prices, coal demand
China's thermal coal imports in June fell 24% on the month to 9.75 million mt, the country's lowest monthly intake since February when imports were severely impacted by the Lunar New Year holiday, according to China customs data released ...
Tags: Thermal Coal, Chemicals
Global thermal coal prices are unlikely to recover this year unless Australian coal producers lower production or an unexpected event rattles the seaborne market and sends prices north, industry experts attending the Coaltrans Asia ...
Tags: Coal, Metallurgy, Mineral, Energy
The Asian thermal coal market is cautiously awaiting a decision from China, wondering if Beijing is serious about imposing a ban on imports of low calorific value coal, according to a range of market players interviewed by Platts Monday at ...
Tags: Low CV Coal, Import Ban
China's imports of thermal coal could contract in 2013 as demand growth in the seaborne market is expected to moderate to 2% over the next four years, Goldman Sachs warned in a research note on Friday. "We believe 2013 will represent a ...
Tags: Thermal Coal, Chemicals
Buying interest for imported cargoes of thermal coal was restricted to South African higher calorific coal in the Chinese spot market Thursday, market sources said. Seaborne-traded thermal coal with a calorific value of 5,500 kcal/kg on a ...
Tags: Metallurgy, Mineral, Energy, Thermal Coal, Coal
Chinese buying interest was mostly concentrated on cargoes of lower calorific value thermal coal from Indonesia Wednesday, as traders expressed fears that another decline in domestic thermal coal prices was not far away and could have a ...
Tags: Asia Thermal Coal, CV Coal, Chemicals
Competitively-priced cargoes of Indonesian thermal coal added to the downward pressure on Chinese spot prices Wednesday, with a Panamax spot cargo of Kalimantan 5,500 kcal/kg NAR coal heard placed into south China at $83/mt CFR basis, ...
Tags: Coal, thermal coal, Metallurgy, Mineral, Energy
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
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
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