Latest news on China Coal & Coke markets

WEEKLY: Met coke stocks at Chinese producers fall to 5-week low

Chinese coke producers saw their metallurgical coke stockpiles decline further this week, a result of their constrained production activities plus steady long-term contract deliveries to steel mills, while their spot coke sales showed limited improvement.

NSW's new coal mine ban may cap long-term supply growth

The New South Wales (NSW) state in southwestern Australia decided to stop approving new greenfield coal mines in the future as part of its efforts to lower carbon emissions and meet net zero goals, according to a statement released by the Minns Labor Government on March 19.

DAILY: China's met coke sentiment turns optimistic as fundamentals improve

The sentiment in China's spot metallurgical coke market was slightly optimistic on March 19, as market fundamentals continued to improve amid checked production and falling stockpiles. Most participants expect upward chances, though they don't anticipate the price rise to materialize immediately.

DAILY: China's thermal coal prices tick up, yet uncertainty remains

China's thermal coal prices at northern ports rose slightly on March 19, buoyed by sporadic demand and cost-wise support despite port inventory accumulations. However, participants remained cautiously optimistic about the upward dynamic, citing relatively weak demand from power utilities.

DAILY: Bullish sentiment supports China's coking coal market

March 19 marked another lift for China's coking coal market, as coal miners kept raising their prices amid a strong market outlook, according to market sources.

CNCA: Top 10 Chinese coal groups' output slides 1.2% YoY in Jan-Feb

Raw coal output from China's top ten coal producers totaled 387 million tonnes in January-February, marking a 1.2% slide from the year-ago level, according to new statistics from the China National Coal Association (CNCA).

Chinese top coal producers flag lower output in February

Coal output from China's two leading producers registered marked declines in February, indicating a slow start of production to this year amid the country's lessened ambition to increase supplies of this fossil fuel.

DAILY: China's thermal coal market holds steady with upward bias

China's thermal coal market at northern transfer ports stabilized on March 18, snapping the two-week decline. Sources reported emerging demand from coastal power plants as they turned away from costlier seaborne shipments, and price upticks in producing regions also lent firmer cost-side support.

DAILY: China's met coke prices rangebound amid tepid sales

China's spot metallurgical coke prices remained rangebound as of March 18, impacted by sluggish transactions amid ample stockpiles at downstream steel mills. With recent rallies of coal prices yet to offer strong support, market participants expect a slim chance ahead for met coke price hikes.

DAILY: China's coking coal market strengthens amid smooth sales

China's coking coal market recorded the strongest upward momentum in months on March 18, with miners reporting smooth sales alongside improvement in the downstream steel market, according to market sources.