The recent coal price surge in China was irrational and unsustainable, an official said Monday, predicting that prices will retreat as supplies increase. There is no basis for further rises in coal prices, as supplies, freight volume and ...
Tags: Coal, Coal Price
China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
Major Chinese coal miners will be able to temporarily adjust their coal output in either direction between September and December after an agreement with the China Coal Trade and Development Association, industry sources said Friday. The ...
Tags: coal miners, Ferrochrome
China Shenhua Energy Company Limited, the nation's top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016. Shenhua, a State-owned ...
Tags: coal producer, coal
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
The Singapore Exchange is increasingly taking on a bigger share of coking coal futures volume, latest trade data showed Tuesday. The SGX's FOB Australia Premium Coking Coal Futures contract made up 285,000 mt in trade November, up from ...
Tags: SGX, Coking Coal, iron ore, thermal coal
It is the least spoken when it comes to Coal in the controversy. Investors see the relatively strong performance of coal stocks that recently appeared. The main stock exchange traded fund (ETF) has risen more than 13% since March 11. We ...
Tags: Power coal, Coal
The production and sales of coal declined in the first eight months in China, according to the China Coal Industry Association Sunday. China produced 2.52 billion tonnes of coal from January to August this year, down 1.4 percent from the ...
Tags: Coal Production, Mineral
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
Australian coal exploration company Stanmore Coal estimates that 40% of global seaborne-traded thermal coal production of roughly 800 million mt and 45% of internationally traded coking coal production of around 300 million mt is ...
Tags: coal exploration, thermal coal
Glencore Xstrata produced 1.5 million mt of coking coal in the January-March quarter, falling 17% year on year and down 12% from the previous quarter, the company said in its production report published Tuesday. It ascribed the fall in ...
Tags: Metallurgical Coal, Glencore
International commodities producer and trader Glencore Xstrata has announced that in the first quarter of the current year its coking coal output from its Australian operations amounted to 1.5 million mt, falling 17 compared to the same ...
Tags: Coking Coal, Xstrata
Indonesia's Ministry of Energy and Mineral Resources has set its April thermal coal reference price, also known as Harga Batubara Acuan, at $74.81/mt FOB, the lowest since December 2009 and down 2.86% from March 2014. The April 2014 HBA ...
Tags: Thermal Coal, coal
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
Colombian coal exports in 2013 dropped 1% on the year to 76.652 million mt, according to data late Friday from the country's statistics agency DANE. Colombia's 2013 export sales in 2013 fell 14% on the year to $6.687 billion FOB, DANE ...
Tags: Coal Exports, Mineral