Weekly Alert | China thermal, coking coal market still bearish

Chinese thermal coal traders cautioned against potential declines; coking coal auctions improve but prices still weak ...

Jan 10, 2025

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Traders caution against potential thermal coal price drops at N China ports

Some Chinese trader sources cautioned against potential downward corrections for prices of some thermal coal grades at northern transshipment ports, but expected any declines to be minimal.

China's online coking coal auction failures fall but spot prices still weak

China's coking coal market saw reduced online auction failures as some coke makers started to increase purchases for cost-effective cargoes approaching the Chinese New Year.

China's coking coal prices slump over 1,000 yuan/t in 2024; what about 2025?

China's coking coal market continued to be impacted by policies through the whole year of 2024. In the first half, reductions in both supply and demand contributed to downside prices.

China's 2025 coal market to see ample supply, yet uncertainties persist

China's coal industry witnessed record-breaking output and imports in 2024 but now faces uncertainties in its 2025 movement.

Gashuunsukhait-Ganqimaodu railway construction accelerated, Mongolian govt

The Gashuunsukhait-Ganqimaodu cross-border railway project between Mongolia and China is gaining momentum after years of delays.

Mongolian 2024 coal exports at highest level

Mongolia has achieved a landmark in mineral exports in 2024, with coal shipments exceeding the 80-million-tonne threshold for the first time

CIL raises FY2025-26 coal output target by 9.2%

Coal India Ltd (CIL), state-owned coal producing major, has set its coal production target of 915 million tonnes for FY2025-26 (April 2025 to March 2026) to meet India's growing coal demand.

Indonesia's coal output hits record high in 2024

Indonesia's coal production reached 829.6 million tonnes in 2024, far exceeding 771 million tonnes in 2023 by 7.61%.

We kept a close track of the market and publish the latest developments on our website and in the CCI Daily newsletter. If you wish to take a trial of either the web version or the newsletter, pls sign up HERE or reply to this email directly.

Data watch

Sxcoal has summaried the latest official coal import/export updates as follows:

Sxcoal Newsletter

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