US over-the-counter thermal coal prices closed mixed on Friday as traders digested the most recent weekly natural gas storage data, which propelled natural gas front-month futures to more than a five-week high in the previous session. The ...
Tags: Natural Gas, thermal coal
US over-the-counter thermal coal prices closed mostly lower on Thursday, despite the sharp jump in the broader energy complex, led by a 5.6% increase in the front-month natural gas futures price to $4.762/MMBtu. "Coal is marching to its ...
Tags: coal prices, natural gas
The Chinese thermal coal market is seeing some positive fundamental trends in the near term, helped by coal investment cuts, production declines and a slowdown in imports, even as seasonal weakness is expected to weigh on the market, an ...
Tags: Thermal Coal, Coal
The rail-delivered (CSX) Central Appalachian thermal coal spot price followed the European market lower Friday, while the Cal 2015 swap was seen trading in large volume after the 2:30 pm EDT Market-on-Close. CSX physical May closed lower ...
Tags: Coal, Spot Price, European market
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 ...
Peabody Energy (NYSE: BTU) and China's Shenhua Group today announced they have entered into an agreement to create Sino-Pacific Coal Trading Corporation Pte. Ltd., a Singapore-based joint-venture company that will supply Shenhua's growing ...
On August 21st, Baosteel officially signed strategic cooperation agreement with Jinneng Company Limited in Shanghai. Both sides expressed the willingness to further display respective strength in steel manufacturing and resource ...
Tags: steel, Metallurgy, Mineral, Energy
As coal prices remain lackluster due to sluggish demand, Shanxi took measures to stabilize the local coal market and ease the mounting pressure that coal producers in the province have been feeling since January. The Shanxi provincial ...
Tags: Local Coal Market, sluggish demand
Japanese trading house Mitsubishi Corp began operations at its new coal trading desk in Singapore Monday as part of a wider restructuring of its commodities trading businesses, market sources said Tuesday. The Japanese trading house ...
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