Coal Resource Network
China coal supply possible squeeze deepens as safety inspections extend to state mines
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Seaborne import thermal coal extends rally on supply constraints, carryover effect
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Indonesia coal downstream push reshapes supply, export outlook
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China solar capacity overtakes coal, enters transition 'second half'
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Chinese buyer resistance to dearer coking coal looms; coke prices rise further
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- CCI Daily
- Fenwei Thermal Coal Weekly Update
- Fenwei Coking Coal/Coke Weekly Update
China coal supply possible squeeze deepens as safety inspections extend to state mines
China's coal supply squeeze is set to persist as safety inspections expand from private mines to state-owned producers, extending a period of tightened supply that has pushed prices to multi-month hig
Bharat Coking coal Limited (BCCL), an operational subsidiary of Indian state-run Coal India Limited, produced 2.18 Mt of coking coal in Aug 2026, up 2.8% YoY, according to a regulatory filing on Sep 3. BCCL also churned out 0.11 Mt of washed coal in Aug, up 13.8% YoY.
As of midday close on September 4, coke futures for January 2026 delivery (J2701) rose 1.83%, coking coal futures (JM2701) gained 1.9%, and iron ore futures (I2701) climbed 1.04%.
Indonesian thermal coal prices accelerate on supply constraints
Indonesian thermal coal prices have been on an upward trajectory since August, with FOB price gains accelerating since late August to accumulate around $10/t.Sxcoal data showed the CCI index for Indon
Shitai railway starts 12-day autumn maintenance to boost Shanxi coal transport
China Railway Taiyuan Group began a 12-day autumn maintenance campaign on the Shitai railway from September 2 to eliminate track hazards and improve equipment quality, strengthening the transport
China Coal Daily Track (Sep 4)
Thermal CoalProduction area Thermal coal prices climbed to fresh highs across key mining hubs. End users and railway station-based traders remained active in hauling. This, coupled with a top miner's
Colombia scraps mining restrictions to revive coal, copper investment
Colombia's new government has repealed 10 resolutions restricting natural resource exploration and extraction, accelerating President Abelardo De La Espriella's push to revive mining investment and un
Ling-Shao UHV DC project marks 10 years of stable operation
The ±800 kV Lingzhou-Shaoxing ultra-high voltage direct current (UHV DC) transmission project has completed 10 years of stable operation as of Aug 24, State Grid said. The project, a key channel in
India's CEA says flexible coal units key to integrating 292 GW solar by 2030
India's Central Electricity Authority committee has said that running older coal-fired units in flexible and two-shift modes offers a low-cost way to absorb higher renewable generation while maintaini
Germany spares mandatory coal shutdowns on voluntary exits
Germany's federal grid regulator BNetzA will not impose any compulsory coal-power plant closures in 2026, as sufficient volumes of capacity have exited the market on a voluntary basis to keep the coun
Canada Jun coal output falls 9% YoY
Canadian coal production fell again in June 2026 after a brief month-on-month rebound in May and recorded the fourth consecutive month of year-on-year declines, according to the latest data from Stati
Canada's coal production totaled 2.98 Mt in Jun 2026, down 4.1% MoM and 9.0% YoY, according to the latest data from Statistics Canada.
China National Carbon Market CEA Trades (Sep 4, 2026)
China's national carbon emission market CEA trading, including key indicators of daily prices, trading volume, transaction value, and daily and weekly changes.
China sets carbon allowance quotas for power, steel, cement, aluminium sectors
China's Ministry of Ecology and Environment has released an allocation plan for carbon emission allowances covering the power sector for 2025-2026 and the steel, cement and aluminium smelting industri
Fujian Makeng Mining Co., Ltd. made its debut on the Shanghai Stock Exchange's main board on September 1, becoming the first specialized iron ore mining and processing company from Fujian province to go public.
China met coal market in figures (Sep 4, 2026)
China coking coal, met coke and steel market key figures in focus.
Data from the national greenhouse gas voluntary emission reduction trading system showed that 228,075 tonnes of certified emission reductions changed hands on Sep 3, with a turnover of 20.41 million yuan ($3.01 million) at an average price of 89.49 yuan/t. Cumulative trading volume in the national voluntary carbon market reached 22.05 million tonnes as of Sep 3, 2026, with total turnover of 1.77 billion yuan.
China's national carbon market saw its benchmark carbon price close at 94.40 yuan on Sep 3, down 1.1% from the previous trading day, according to data from the Shanghai Environment and Energy Exchange. The market opened at 95.30 yuan, with the day's trading range between 94.00 yuan and 95.30 yuan. Total carbon emission allowance (CEA) volume reached 782,147 tonnes, with a turnover of 73.78 million yuan ($10.88 million), comprising 211,000 tonnes traded via listed contracts worth 19.92 million yuan and 571,147 tonnes via bulk contracts worth 53.86 million yuan. No one-way bidding transactions were conducted during the session.
China thermal coal market in figures (Sep 4, 2026)
China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.
Shanghai International Energy Exchange data showed crude futures' main contract for October 2026 delivery closed at 681.70 yuan/barrel on Sep 3, up 4.40 yuan, or 0.65%. Total trading volume across all contracts reached 270,583 lots, while open interest fell 2,623 lots to 85,505 lots. The main contract saw volume of 201,607 lots, with open interest down 2,368 lots to 37,059 lots.
The Baltic Dry Index (BDI) rose 4.71% from the previous session to 3,488 points on Sep 3, its highest level since Oct 29, 2021, marking a second consecutive day of gains. The Panamax index (BPI) gained 1.15% to 2,457 points, the Capesize index (BCI) climbed 7.09% to 6,042 points, and the Supramax index (BSI) edged up 0.66% to 1,668 points.
China's services trade totaled 4.45 trillion yuan in Jan-Jul 2026, up 8.3% year on year, according to data from the Ministry of Commerce. Exports rose 17.1% to 1.77 trillion yuan, while imports grew 3.2% to 2.67 trillion yuan, leaving a services trade deficit of 900.25 billion yuan, narrowing by 176.33 billion yuan from a year earlier.
China's financial institutions held total assets of 562.2 trillion yuan ($78.4 trillion) at the end of Q2 2026, up 7.7% year on year, according to preliminary data from the central bank.Banking institutions accounted for 497.98 trillion yuan of the total, up 6.6% YoY, while securities firms saw assets jump 29.8% to 20.37 trillion yuan and insurers rose 11.8% to 43.86 trillion yuan. Total liabilities across the sector reached 514.48 trillion yuan, up 7.9% YoY, with banking liabilities at 458.37 trillion yuan (up 6.8%), securities at 16.32 trillion yuan (up 36.6%) and insurance at 39.79 trillion yuan (up 12.2%).
International oil prices closed mixed on September 3, 2026. Light sweet crude for October delivery on the New York Mercantile Exchange rose 28 cents to settle at $91.30/barrel, up 0.32%, while November-delivery Brent crude on the London ICE Futures Exchange fell 11 cents to $95.52/barrel, down 0.12%.
India's coal imports set to rise in Q4 2026 as inventories tighten
Firm power demand and constrained domestic supply are set to force India to boost thermal coal imports from the seaborne market again starting October 2026, as plant stockpiles come under mounting pre
Follow-up: Shanxi coking coal mines restarts still lag amid regional checks (Sep 3, 2026)
Coal mine restarts in Shanxi province remain slow, with ongoing safety inspections still disrupting operations. Most mines in the region remain constrained by safety requirements and capacity, keeping
Mexico probes Japanese-origin steel plates under anti-dumping proceeding
Mexico's Ministry of Economy has launched an anti-dumping probe targeting steel plate imports originating from Japan, following an official resolution released in the country's Federal Official Gazett
S Korea to merge five state power generators after 25 years
South Korea plans to merge five state-owned power generation companies into a single entity, reversing a restructuring carried out 25 years ago as the government reshapes the power sector for the ener
Yankuang Energy sees coal demand plateau, not cliff-drop post-peak
Yankuang Energy said China's coal consumption has entered a long-term plateau rather than a sharp decline after peaking, with the company expecting stable supply-demand balance and high-mid price
India boosts coal supplies to power plants amid rising demand and falling stocks
The Indian government is moving to rebuild coal inventories at thermal power plants by raising output from captive mines and increasing loading at select Coal India subsidiaries, as several plants hol
U.S. estimated coal output extends gains, EIA
U.S. estimated coal production continued its upward trend in the week ended August 29, according to data released by the Energy Information Administration (EIA) on September 3.Estimated output totaled
Weekly: China thermal coal output stays tight as mine capacity use falls
Thermal coal supply in China's key producing regions remained tight at the end of August and early September, with mine capacity utilization recovering slowly amid firm end-user demand and active down
US estimated coal production totaled 10.95 Mst (9.94 Mt) in the wk ended Aug 29, up 3.37% WoW but down 1.02% YoY, according to data released by the US Energy Information Administration (EIA) on Sep 3.
Coal stocks at Indian power plants stood at 28.17 Mt on Sep 2, down 8.25% WoW, according to the latest data from the Central Electricity Authority. Furthermore, 50 coal-fired power plants were still operating with critical stocks, compared with week-ago 45 plants, the data showed.
China Aug inter-provincial market power trades rise 5.7% YoY
Inter-provincial market-based power transactions in the State Grid service area rose 5.7% year on year in August, according to data released by Beijing Power Exchange Center. Transactions totaled
Indonesia's bid to set global commodity prices risks backfiring, analysts warn
Indonesia's plan to establish a mandatory commodities exchange to exert control over global prices for its natural resources is likely to struggle against established bourses and could deter investors
Chinese Domestic Coking Coal Auctions on Sep 03, 2026
A summary of coking coal auctions by coal miners at China's major coal production areas, with details of coal specifications, start and trade prices and volumes, and price changes compared to last auc
Seaborne import thermal coal extends rally on supply constraints, carryover effect
China's seaborne thermal coal import market continued to strengthen this week, driven by tighter Indonesian availability, rising replacement costs, and spillover from bullish domestic sentiment. Howev
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Coke Production, Sales, Inventory, Price and Cost Monitor
Fenwei picked representative thermal coal mines as monitoring sites in Shanxi, Shaanxi and Inner Mongolia. In-depth communication with their production and sales staff allows us to create regular reports on price, operating rate, stocks, production and logistics costs of each sample mine. We thus can make quantitative research on the production and operation situations of China's thermal coal mines.
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