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China surprises with weak return to thermal coal market after Lunar New Year holiday

March 07, 2018 (7:28 mins)



After strong trading in the lead up to Chinese New Year in mid-February, market participants were expecting China to return to the seaborne spot market with gusto. But sellers have been left feeling disappointed as rising domestic coal production, falling Qinhuangdao prices and warmer weather in China have all combined to choke off demand to this important Asian market post-Lunar New Year.

In this podcast, senior editor Michael Cooper joins editor Michelle Zhao discuss recent price movements for thermal coal for China, and more broadly for Australia and Indonesia including the status of Jakarta’s new shipping regulations for coal exports.


We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.


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Philippines Energy Forum
March 20, 2018 | Manila

The Philippines, the second-most populous country of Southeast Asia, has one of the widest energy deficits of the region but some of the scarcest domestic energy resources at its disposal to fill the gap and striking the right energy balance is key to its future. Where will supply come from to meet this growing energy demand?

Join us on March 20 at the Philippines Energy Forum where our market specialists will delve further on strategies in meeting the energy challenge in the Philippines.

View Agenda and Register





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