Weekly Alert | Thermal coal prices tumble as sentiment softens
We have handpicked this week's major news stories in China's domestic and international coal markets. Take a look now!
China's portside thermal coal prices move lower on poor demand
Spot thermal coal prices extended losses on March 2 as traders expected demand to weaken further and more Australian cargoes to arrive...
Indonesian thermal coal prices range bound as buying interest recedes
Indonesian thermal coal prices were range bound but with downward bias, as buying enthusiasm from top destination China eased. ...
Newcastle thermal coal futures fall after five-day rally
Newcastle thermal coal futures fell on February 27, snapping a five-day rally, as lower natural gas prices made European power produc...
China-bound coal vessels arrive at Australian port, indicating easing informal ban
Some vessels bound for China have arrived at a major coal port in Australia, a sign that China's informal ban on Australian coal...
China inks 2.5 Bt power coal term contracts for 2023
China has seen more than 2.5 billion tonnes of medium- and long-term power coal contracts signed so far for 2023, basically marking ...
China's coal consumption share rises for 1st time in 11 yrs as hydropower recedes
China's coal consumption has seen its first increase in proportion to total energy consumption in 11 years, posing greater challenges...
Daqin rail to start 30-day spring maintenance from Apr 6
China's coal-dedicated Daqin railway is expected to start 30-day regular spring maintenance from April 6 to May 5, according to market...
Our instant FLASH Service on WhatsApp keeps you updated on the major changes and critical data for the Chinese domestic and imported thermal/coking coal markets. You will receive our daily/weekly CCI indicies, bids/offers, utility tenders, and a lot more…
To take a free trial, DM us on WhatsApp +86 186 3686 3390 or reply to this email directly.
Data watch
Sxcoal has summaried the latest official coal import/export updates as follows:
Indonesia - Jan 2023
South Africa - Jan 2023
Chinese Taiwan - Jan 2023
Japan - Jan 2023
South Korea - Jan 2023
Vietnam - Jan 2023
Australia - Dec 2022
Upcoming event
Coking Coal Summit - Mar 29-30, 2023; Taiyuan, Shanxi
Thermal Coal Summit - Apr 19-20, 2023; Qinhuangdao, Hebei