China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...
Tags: Coal Mines, Coal
The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
Australian thermal coal shippers such as BHP Billiton, Glencore, Peabody Energy and Rio Tinto may potentially have to wait until June 2017 for China to eliminate its 6% tariff on imports of Australian thermal coal, the Australian government ...
Tags: Import Tariff, Thermal Coal
China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Last week Premier Li Keqiang said China wanted to reduce its energy intensity ...
Tags: Metallurgy, coal, Coal Consumption
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
In the January-August period of the year, China produced 2.518 billion mt of coal, down 1.44 percent year on year, while it sold 2.4 billion mt of coal in the same period, down 1.62 percent year on year, as announced by the China National ...
Tags: Coal, Coal output, Coal market
Prices in China's domestic thermal coal market slumped dramatically in Monday's Asian trading session as the effect of Shenhua's cut to its thermal coal prices late last week and depressed buying interest among Chinese power plants took a ...
Tags: Thermal Coal, Coal Prices, coal
Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...
Tags: Thermal coal, Domestic Cargoes
The Asian seaborne cargo market for 5,500 kcal/kg NAR imported thermal coal was weaker Monday, with bids slipping to about $70/mt CFR South China amid talk Chinese coal producer Shenhua was on the verge of cutting prices. Buying interest ...
Tags: Shenhua Price, CFR China
China's Shanghai Shipping Freight Exchange plans to launch dry bulk freight futures contracts on June 18, the first of its kind in the global freight market, SSEFC President Yu Jun said late last week. "Being the first to launch such a ...
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
Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...
Tags: Thermal Coal, coal production
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
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
The prospect of Beijing banning imports of low-calorific value thermal coal again loomed over the Chinese seaborne market as the policy was rumoured to form the centerpiece of a tough new environmental law enacted by China's parliament, ...
Tags: Thermal Coal, lignite