Indonesia's Ministry of Energy and Mineral Resources has set its December thermal coal reference price, also known as the Harga Batubara Acuan, at $53.51/mt FOB, setting a fresh record low for the eighth consecutive month and the lowest ...
Tags: HBA thermal coal, GAR coal
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
Monsoon rains limited Indian buying of Indonesian thermal coal, while lending restrictions muted demand from China, market sources said on Friday. An Indian end user said buyers had refrained from purchasing imported cargoes because of ...
Tags: Thermal Coal, Limited Demand
Few spot deals for Indonesian thermal coal were reported Wednesday, as Indian buyers opted to purchase from port stocks while Chinese demand remained inactive, sources said. A Dubai-based trader said he had seen many inquiries from Indian ...
Tags: thermal coal, Chinese demand
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
Production cuts at Indonesian thermal coal mines could only at best help stabilize prices but further gains would be capped by sagging demand from both India and China in the spot market, sources said Wednesday. A Singapore-based trader ...
Tags: Thermal Coal, thermal coal mines
Indonesian thermal coal prices were steady Friday amid reduced production and weak demand from China and India, sources said. "Demand has been flat. There has been no real movement," an Indonesia-based trader said. A Singapore-based ...
Tags: Thermal Coal, Flat Demand
Indonesian thermal coal prices were stable to higher on Monday with very few deals reported as the market awaits direction from India after the end of its month-long elections later this week, sources said. "Prices have been more or less ...
Tags: Thermal Coal, Indian demand
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
Spot deals for Indonesian thermal coal were hard to come by as bids from both Indian and Chinese buyers are not firm due to rising freight rates, sources said Tuesday. "You can still sell coal to China, but prices are an issue," a ...
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 ...
Chinese demand for lower-to-medium grade Indonesian thermal coal was stable, with a few deals being reported on Monday as buyers look to take deliveries of the cargoes before the Lunar New Year holidays, sources said. Two Handymax cargoes ...
Tags: Thermal Coal, Chinese Buyers
A spike in Japan's thermal coal imports in April was more a short-term push to accommodate new coal-fired power generation capacity coming online rather than any sign of a sustained long-term trend, according to a report by Macquarie ...
Tags: New Capacity, Thermal Coal Import
Some miners in Indonesia's East Kalimantan region have been deferring loadings of thermal coal cargoes by seven to 10 days amid rains, sources said Friday. Several vessels are being diverted to East Kalimantan from South Kalimantan, which ...
Tags: Asia Thermal Coal, Miners, Chemicals
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