China's thermal coal prices remain range-bound, awaiting clues

2024-05-16 18:08:39 Viewpoint,  Price,  Thermal Coal sxcoal.com

China's portside thermal coal market remained stable on May 16. Despite optimism about the upcoming peak demand period in summer, the market still lacked concrete support to validate this positive out...

Regional supply strain yet to halt China's coking coal price decline amid bearish sentiment

2024-05-16 18:41:36 Viewpoint,  Price,  Coking Coal sxcoal.com

Coking coal supply constraints in China's leading production hub of Shanxi province, due to accidents and maintenance activities, haven't halted the downtrend in prices, as the impact was outweighed b...

Thermal coal prices flat in China's production areas; downside risks loom

2024-05-16 17:17:09 Price,  Thermal Coal sxcoal.com

China's pithead thermal coal market fell into a deadlock, with prices remaining largely unchanged, except for minor corrections ranging 5-15 yuan/t based on offtakes.Of the 90 coal mines surveyed by S...

China's iron ore futures pick up after 2-day fall

2024-05-16 16:51:51 Viewpoint,  Price,  Iron Ore sxcoal.com

China's iron ore futures rebounded on May 16 after a two-day decline, following price rebounds in the steel industry.The most-traded September iron ore contract on the Dalian Commodity Exchange ended...

China Coal Energy Apr polyolefin output picks up 0.8% YoY; sales rises 3%

2024-05-16 15:47:10 Company,  Production & Sales sxcoal.com

China Coal Energy Co., Ltd, the listed arm of China National Coal Group, reported its polyolefin output at 125,000 tonnes in April 2024, up 0.8% year on year yet down 5.3% month on month.Polyolefin sa...

China futures market updates at close (May 16)

2024-05-16 15:10:26 Price,  futures sxcoal.com

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close....

China Coal Daily Track (May 16)

2024-05-16 16:56:55 Price,  Thermal Coal,  Coking Coal sxcoal.com

Thermal coalProduction area?Thermal coal prices remained stable in major producing regions, with minor corrections observed for certain grades. Metallurgical and chemical plants were active in offtake...

SouthGobi Resources Q1 coal sales up 75% YoY

2024-05-16 14:03:56 Company,  International,  Coking Coal sxcoal.com

Mongolia's coal major SouthGobi Resources sold 1.05 million tonnes of coal during the first quarter 2024, increasing 75% year on year, the company said in its financial report lately.Sales of premium...

Strong hydropower generation dampens thermal coal demand in China

2024-05-16 16:33:42 Viewpoint,  Thermal Coal,  Hydropower sxcoal.com

Coal demand for power generation in China is expected to be lower than previously expected as high rainfall has boosted hydropower output.Source disclosed that hydropower generation in China surged 42...

Haoji, Baoxi coal transport channels achieve interconnection

2024-05-16 15:00:08 Inland Shipment sxcoal.com

China's Haoji railway and Baoxi railway officially achieved interconnection on May 12 after the completion and opening of the Yanjiagou-Yuhuangmiao connecting line, injecting new life into the outboun...

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