Latest news on China Thermal Coal markets

Indonesia targets full DSI export control from Sept 1, coal traders weigh supply risk

Indonesia's single-gate coal export mechanism will be fully implemented on September 1, President Prabowo Subianto confirmed on Monday, about four months earlier than previously planned. Market sources noted that the earlier introduction could reshape pricing and supply dynamics for the world's larg

GACC: China's June thermal coal imports surge 30% YoY

China's imports of thermal coal rebounded sharply in June, rising 30.1% year on year and 38.7% from May to 29.55 million tonnes, as a slump in domestic coal output forced coastal utilities to turn to the seaborne market, data from the General Administration of Customs (GACC) showed July 21.

DAILY: China's thermal coal rally eases as port inventories continue to climb

China's portside thermal coal prices rallied for a sixth consecutive session on July 20. Yet the upward momentum moderated as stockpiles at northern ports continued to build, fueling concerns that traders may be forced to accelerate stock clearances at lower prices amid mounting inventory pressure.

DAILY: China's thermal coal rally continues amid higher consumption

China's thermal coal rally entered a fifth consecutive session on July 17, fueled by expectations of potential buying amid increasing coal burn at power plants. However, price increases narrowed as portside inventories surged, raising selling pressures on traders in the near term.

WEEKLY: Heatwave lifts China's thermal coal market, but rally short-lived?

China's thermal coal market rebounded during the week of July 13-17 after three consecutive weeks of declines, as an intense nationwide heatwave lifted power-sector coal consumption and improved market sentiment. However, the recovery still appears fragile, with utilities firms largely staying away

DAILY: China's thermal coal soars as coastal consumption hits two-week high

China's thermal coal rally stretched to a fourth straight session on July 16, with coastal utility coal burn hitting a fresh two-week peak amid ongoing heat, while tightening pithead supply also underpinned the rebound.

MYSTEEL: Thermal coal inventories test China's price rebound

China's thermal coal market has staged a modest recovery since late last week, supported by tighter domestic supply, improving sentiment and speculative buying by traders. Yet the rally is facing a key test as utilities remain comfortably stocked and continue to show little interest in the spot mark

DAILY: China's portside thermal coal extends rally on firming supports

China's portside thermal coal prices rose for a third straight session on July 15, underpinned by rising pithead prices that lifted offer levels, while persistent heat kept coastal utility coal burn elevated and further fueled bullish sentiment.

Indonesian thermal coal HBA prices mixed for H2 July, high-CV grade lifted

Indonesia's Ministry of Energy and Mineral Resources (ESDM) has set its Harga Batubara Acuan (HBA) thermal coal reference prices for the second half of July mostly higher, extending the multi-month uptrend for high- and low-CV grades, according to the latest release on July 15. The ministry pegged t

DAILY: China's thermal coal rebound accelerates as power demand soars

China's thermal coal recovery gathered pace on July 14, as national power demand hit a fresh all-time high, underpinning bullish market sentiment.