Weekly global coal market news summary (May 29-Jun 2)

sxcoal.com 2023-06-02 15:45:47

Turkey Apr coal imports fall to 11-mth low, yet up 17.7% YoY

Turkey's coal imports in April rose 17.74% on the year but dropped 39.14% on the month, marking the lowest level since June 2022, sho...

 

Thailand Apr thermal coal imports slump over 40%

Thailand's thermal coal (bituminous and sub-bituminous coal) imports in April slumped 44.9% year on year and 41.1% month on month to ...

 

India plans stake sale in Coal India, aims to raise $6.17

The Indian government has announced its intention to sell a stake of up to 3% in state-owned miner Coal India Ltd, it said in a filin...

 

Coal India hikes high grade non-coking coal prices by 8%

India's largest coal supplier Coal India Ltd (CIL) has raised prices of its non-coking coal of grade G2 to G10 by 8%, marking the fir...

 

Mongolia-China Shivee Khuren-Ceke railway starts construction, benefiting coal exports

Mongolia has started construction of a 7.1-km railway linking Shivee Khuren and China's Ceke border port, which is likely to boost bi...

 

India's JSW eyes acquisition of overseas coking coal mines

Indian steelmaker JSW Group is reportedly competing to acquire two coking coal mines owned by BHP Group in Australia, aiming to secur...

 

Mongolia seeks to supply coking coal to India

Mongolia has expressed interest in becoming a potential supplier of coking coal to India and has approached the country's Steel Minis...

 

Nippon Steel pursuing stake in Teck Resources coal asset

Nippon Steel, a prominent Japanese steelmaker, remained engaged in negotiations with Teck Resources regarding its strong interest in ...

 

Uzbekistan's president calls for increased coal production

Uzbekistan's President Shavkat Mirziyoyev urged to raise domestic coal production to 6.5 million tonnes in 2023 at a meeting on energ...

(Writing by Rebecca Liu  Editing by Emma Yang)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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3 China's portside thermal coal price decline slows after falling below contract limit 2023-06-02

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8 Weekly global coal market news summary (May 29-Jun 2) 2023-06-02

Turkey Apr coal imports fall to 11-mth low, yet up 17.7% YoY Turkey's coal imports in April rose 17.74% on the year but dropped 39.14% on the month, marking the lowest level since June 2022,

9 Guangdong Electric Power: imported coal accounts for about 50% by end-Apr 2023 2023-06-02

Guangdong Electric Power Development Co., Ltd, one of the major power producers in China, said imported coal accounted for approximately 50% of its coal supply as of the end of April 2023.

10 Listed power cos likely to adjust coal purchase amid spot price decline 2023-06-02

Jinneng Holding Shanxi Electric Power Co., Ltd., a Shenzhen-listed power utility in Shanxi, said it may optimize the share of long-term contract coal as the spot prices continue to move down.

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