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Bullish sentiment sustained in coking coal market with port steam coal price inching down

Steam coal market at ports kept downtrend these days with flat transactions, and power plants reduced steam coal procurement from market due to the long-term coal contracts. Coking coal companies were bullish for the future market with smooth sales amid the fat profit in steel plants.

08-22-2017 17:36:19

Steam coal price edges down and coking coal market is worse than expected

With the upcoming slack season of coal consumption, coal prices went down despite the intensive safety check in partial coal producing areas, and steam coal prices began to nudge down.

04-18-2017 15:28:05

Coking coal market may start with dropping steam coal consumption in power plants

In April, with the end of heating period, downstream power plants stepped into overhaul stage and the falling run rate of unit decreased coal consumption. Up to April 6th, the daily steam coal consumption in six major coastal power groups declined to 522,000 mt.

04-07-2017 18:20:15

Coking coal market to move weakly in short run

Coke prices dropped continuously after the Spring Festival holiday with the production resumption at coal mines, and coking plants constantly compressed purchasing volume of resources owing to the shrinking profits in order to urge coal mines to cut prices.

03-13-2017 16:03:23

Australian prime hard coking coal spot price moves above $300/mt

Spot premium hard coking coal prices from Australia rose 5.5% Tuesday to move above $300/mt FOB Australia mark on Chinese supply scarcity and keen end-user interest in Asia, sources said.

11-09-2016 16:40:04

Nippon Steel says high coking coal prices likely to stay awhile

Nippon Steel & Sumitomo Metal Corp, the world’s third-biggest steelmaker, does not expect coking coal prices to fall any time soon as China’s steelmakers maintain high output while the country’s coal producers trim supply, an executive said.

11-09-2016 16:24:20

Coking coal retreats after China ups fees, cutting gains in steel, iron ore

Coking coal futures in China dropped nearly 3 percent on Tuesday, retreating from a record high after an exchange raised fees to tame sharp gains, and slashing gains in steel and iron ore prices.

11-09-2016 16:01:46

Is coking coal heading for a potential meltdown?

Coking coal’s price spike only happened within a short span of time, jumping from USD100/mt level in August to over USD150/mt in early September, zooming pass previous high of USD144/mt set in November 2013.

09-12-2016 09:02:01

China's coking coal imports hit a year-to-date high in June

According to the General Administration of Customs of the PRC, China imported 5.81 million mt of coking coal in June, up by 16.9% YoY and 31.4% MoM, hitting the highest level year to date. From January to June, China’s coking coal imports reached 27.01 million mt with a yearly hike of 25.7%.

07-25-2016 16:27:04

GAC: China coking coal imports jump by 136% YoY in May

According to the General Administration of Customs of China (GAC), China imported 4.42 million mt of coking coal in May, up by 135.7% YoY and down by 17.7% MoM. From January to May, its coking coal imports amounted to 21.21 million mt with a yearly gain of 28.4%.

06-22-2016 16:27:20

China coking coal exports skyrocket by 2,191% YoY in April

In April 2016, China’s coking coal exports reached 190,000 mt, with a yearly hike of 2191% and a monthly gain of 35.7%, and average export prices stood at $87.28/mt. Coking coal exports totaled 558,000 mt from January to April, up by 69.7% on the year.

05-24-2016 17:32:43

China coking coal imports jump by 43.22% YoY in April 2016

According to the General Administration of Customs, China’s coking coal imports arrived at 5.368 million mt in April, up by 43.22% on the year and by 5.4% on the month. Accumulative coking coal imports from January to April reached 16.794 million mt, with a yearly growth of 14.7%.

05-24-2016 17:09:30

Coking coal & iron ore futures fall to limits amid bourses' curbs

Bulk commodity futures printed a weakening sign as a result of regulations from the three major commodity exchanges, with ferrous metal taking the lead.

04-28-2016 14:53:46

Imported coking coal stockpile builds up at China major ports

Under V-day Parade, tight cash flow at coke plants and a soft steel market, imported coking coal stockpiles at China six coastal ports rose by 162,000 mt or 3.5% to 4.81 million mt on September 11th.

09-16-2015 15:10:58

Coking coal market drops slightly as steel market sags further

The Chinese steel market vibrated downwards in the week ending September 11th, coke prices dropped gently in some regions of Shanxi and coking coal markets in Shanxi and Shandong inched lower.

09-16-2015 14:52:45

China coking coal imports slump by 21.4% YoY in Jan-July

According to the General Administration of Customs of China, the countries imported 28.3 million mt of coking coal from January to July, 2015, tumbling by 21.4% YoY. Total value of the imports reached $2.4 billion, plunging by 40% YoY.

09-16-2015 11:36:38

Weekly roundup of intl. coking coal market

Japan steelmakers agreed to buy Australian premium hard coking coal at $89/mt for Q4 contract, down by $4/mt QoQ, and China’s soft demand is believed to be a key drag for the continued price decline.

09-16-2015 10:57:45

Weekly analysis on China domestic coking coal market

The Chinese domestic coking coal market mainly kept sagging in the week ending September 11th 2015.

09-16-2015 10:21:53

Different steel mills' coking coal purchase cost registers a CNY246/mt spread

At a time of oversupply, cost advantage is extremely significant for producers to remain revival.

09-11-2015 11:40:47

China's coking coal imports surge MoM in June

According to the General Administration of Customs of China, China imported 5.0772 million mt of coking coal in June, a monthly surge of 170.2% and a yearly decline of 11.2%. In January-June, China’s coking coal imports arrived at 21.6323 million mt, down by 30.1% on a yearly basis.

07-29-2015 14:45:25

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