Coal Market News

Coal Burned by China Power Plants Jumps on Heat, Virus Recovery

13 May 2020 | Source: Bloomberg

An indicator of China’s coal demand surged almost a third above levels last year as hotter-than-usual weather and factories rushing to make up for lost orders boosted power demand, spurring a rebound in prices.

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The state of Chinese commodities shows recovery taking hold

08 Apr 2020 | Source: Mining Weekly

From oil to copper to coal, China’s gigantic commodities industry is signaling that the first economy to be flattened by the coronavirus is getting closer to a return to normality. Bloomberg Economics estimates that most of C....

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RPT-COLUMN-Resilience in China's commodity imports drowned out by coronavirus, oil price war: Russell

10 Mar 2020 | Source: Reuters

LAUNCESTON, Australia, March 10 (Reuters) - Amid the carnage of Monday’s crude oil and equity markets routs, news of China’s relatively robust imports of major commodities in the first two months of the year went under the radar....

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Indonesia sets March HBA thermal coal price at $67.08/mt, up 0.3% from Feb, down 26% on year

05 Mar 2020 | Source: S&P Global Platts

Singapore — Indonesia's Ministry of Energy and Mineral Resources has set its March thermal coal reference price -- also known as Harga Batubara Acuan or HBA -- at $67.08/mt, inching up 0.3% on month but down 26% year on....

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Coal suppliers fear uncertainty over Indonesia's new shipping rules could hurt export demand

05 Mar 2020 | Source: S&P Global Platts

Miners, shipowners seek clarity in talks with ministry Less than 9% of ships in region Indonesian flagged Coal shipments to Japan, Malaysia postponed amid uncertainty: source

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Chinese steelmakers receive exemptions for US tariffs on coking coal: sources

05 Mar 2020 | Source: S&P Global Platts

New York — Two Chinese steelmakers, buyers of US coal in the past two weeks, said Wednesday they had received exemptions from the 27.5% tariff imposed on US coking coal by the Chinese government.

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Column: China's commodity imports hold up better than the PMIs, for now

02 Mar 2020 | Source: Reuters

LAUNCESTON, Australia (Reuters) - There’s no way to sugar-coat the worst-ever reading of China’s manufacturing indexes, which were pummelled as the economy was largely shut down in February as Beijing battled to contain the coro....

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Several US coking coal mines cut output in 4Q

02 Mar 2020 | Source: Argus Media

Several major US coking coal mines cut output in the last quarter of 2019, as falling European and Brazilian demand and the trade war with China drove up inventories and weighed on prices.

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China says major coal firms restore 95% of production capacity

24 Feb 2020 | Source: Reuters

BEIJING, Feb 23 (Reuters) - China’s coal companies controlled by the central government have resumed operations and are back at more than 95% of their capacity, an official with the National Energy Administration said on Sunday.

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Chinese steel producers face space, money shortages

24 Feb 2020 | Source: Argus Media

China's steel producers face two looming problems as long as they maintain production with the coronavirus outbreak stalling demand and deliveries, as they run short of space to store steel and money to pay their workers.

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