Latest news on China Thermal Coal markets

DAILY: Selling pressure deepens China's thermal coal price slides

China's thermal coal prices at norther transshipment ports posted a sharper fall on December 4, as sellers were actively dumping cargoes at low prices to clear inventories. The elevated port inventories, weak demand, falling prices at producing hubs, and cheaper import prices all intensified their a

MONTHLY: Ample supply to keep pressure on China's thermal coal prices in Dec

China's spot market for thermal coal entered December with a notable shift in fundamentals, with supply remaining ample while demand stayed subdued. Under such a loose supply- demand structure, prices are likely to trend lower through till the end of the month unless extreme weather conditions emerg

DAILY: China's thermal coal market conditions signal further downturn

China's spot thermal coal prices at northern ports drifted lower on December 3, pressured by the accumulating port inventory, declining pithead prices, ample long-term contract supply and competitive pressure from cheaper imported coal. These factors may continue to weigh on the near-term market, so

DAILY: China's portside thermal coal prices slump amid weaker sentiment

The downtrend of Chinese portside thermal coal market accelerated on December 2, as traders cut prices more aggressively to stimulate buying interest. However, this exacerbated the prevailing bearish sentiment, likely prompting buyers to act more cautiously, Mysteel Global notes.

DAILY: Indonesian thermal coal prices slump, downside risks linger

Indonesian thermal coal prices have slumped recently amid fading procurement interest, ample supply, and lingering bearish sentiment. The market is likely to weaken further over the next one to two weeks, as these pressures have shown little sign of easing.

WEEKLY: China's thermal coal market softens on bloated inventories

China's spot thermal coal market began softening over the past week (November 24-28), against previous expectations for a rebound after being steady for a week, as rising inventories at utilities and ports weighed on buying interest.

DAILY: China's thermal coal market remains weak as demand outlook sours

Sentiment in China's thermal coal market deteriorated further on November 28, as anxious traders liquidated positions against a backdrop of tepid buyer interest. The prospect of a price rebound in early December has now evaporated, leaving the market vulnerable to a steeper downturn.

DAILY: China's benchmark thermal coal expected to fall below Yuan 800/t

China's thermal coal prices at northern transfer ports weakened further on November 27, given the muted spot demand from end-users. With little expectation of a near-term demand recovery, many traders anticipate the benchmark 5,500 kcal/kg NAR coal price to fall below the Yuan 800/tonne ($113.1/t) m

Thailand's coal imports fall 16% on year in Oct

Thailand imported 1.4 million tonnes of coal in October, down 16% from a year earlier but 3.2% higher than in September, according to data from Thai Customs.

DAILY: China's spot thermal coal market softens as traders rush to sell

China's spot thermal coal market weakened on November 25 following a weeklong stability, as traders scrambled to offload their cargoes by offering discounts amid rising port inventories and faltering optimism.