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Coal Mine Prices Stable in China In Supply Remain


Spot coal prices at China’s top coal port Qinhuangdao were largely flat from a week earlier, but uncertainties in supply remain and may push prices higher.

China Coal Mine Trade and Demand


THE world’s busiest coal port used to be Newcastle, England and then Newcastle, Australia. Now it is Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped out of the Bohai Sea each week is almost equal to the rest of the world’s seaborne coal trade. Most of those ships feed [...]

Coal Mine Trade and Market, buyers wait and sellers panic


The world’s busiest coal port used to be Newcastle, England, and then it was Newcastle, Australia. Now it’s Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped each week out of the Bohai Sea is almost equal to the rest of the world’s seaborne coal trade. Most of those ships [...]

China to Reopen Thousands of Small Coal Mines Exploration


A push by China to reopen thousands of small coal mines exploration is failing, deepening its worst power crisis in years as local officials still fear Beijing’s wrath if they suffer high-profile disasters.
Weeks after the central government urged miners to reopen the mines, effectively reversing a years-old policy of shutting them in order to improve [...]

China Coal Mine Production, Coal Coke Prices 300 yuan a Tonne


Chinese coke producers have hiked prices for June, due to soaring coking coal prices, adding pressure to steel mills already struggling with surging iron ore prices, traders and analysts said.
Many producers in Shanxi, China’s top coal and coke producing province, raised coke prices by 300 yuan a tonne. Price of first-grade metallurgic coke reached around [...]

Nuke woes prompt Japan gencos to seek Chinese coal


Japanese utilities are turning to Chinese miners for additional thermal coal supplies after Tokyo Electric Power Co. 9501.T (TEPCO) sought help from six utilities to help fill an anticipated shortage from the shutdown of its quake-hit nuclear plant, industry sources said on Friday.
They said Japanese utilities such as Chubu Electric 9502.T and Tohuku Electric [...]

China coal firms cut exports to Korea, Japan


Chinese producers have cut thermal coal shipments to South Korean and Japanese power utilities on tight supply and high domestic prices, a move likely to spur price gains in an already tight Asian market.
The news follows data on Monday showing Chinese coal exports fell by nearly half in January from the previous month, raising fears [...]

Argus Takes Initiative on Coal Market Transparency


Argus Media, the leading provider of coal market information, and joint owner of the world’s leading coal price benchmark API 2, is increasing transparency about how the index is put together.
Argus has always supported greater price transparency for physical coal, and will from December publish the price ranges submitted by buyers, sellers and traders each [...]