03 Sep 2021
Meanwhile, local traders attempt to push out as much quantity as possible, fearing that the market might slip into holiday moods toward the end of the month.
Trading sentiment on the Shenhua auction platform remains healthy on the final day of the week despite the higher price levels set by the producers.
02 Sep 2021 SPVC k64-65 SPVC k67-68
Sources said that the recent outages in the US due to Hurricane Ida would curtail supply in the South American market substantially, as these producers would take a couple of weeks to restore productions.
As the country gradually reopens from COVID-19 lockdown, converters scramble to make replenishment to meet new demand.
02 Sep 2021
Firmer spot offers immediately face resistance from highly price-sensitive customers.
The number of transactions on Shenhua’s auction platform remains resilient toward the end of the week on market talks of potential further coal-supply curtailment that would affect coal-based producers.
01 Sep 2021
The market has been heavily focused on the shutdown at Datang Duolun Coal Chemical’s PP plant in Inner Mongolia as a result of the coal consumption control.
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