The global coal trade doubled in the decade to 2012 as a boom took hold in Asia. Now, the coal trade seems to have stalled or even gone into reverse.
China Mining News
The Chinese urgency points to two things. China believes that crude oil prices will not remain at the current levels for long, and that a disruption is possible due to geopolitical reasons, which can propel oil prices higher.
Tectonic shifts in the global coal market are underway, posing a series of questions for traditional coal supply markets.
Factory conditions in China unexpectedly worsen for the 14th straight month raising fears that the rally on commodity markets in 2016 was losing steam.
Gold could easily trade back to $1,900. That would be normal for these types of corrections.
Risk, from a mathematical perspective, is the probability of an event multiplied by its potential impact.
The drop comes as stockpiles in China, the world’s biggest buyer, climbed 1.2% to 98.5 million tons last week.
China and, until recently, India, have been late but significant players in the global coal market.
As iron ore rallies again – up 6% on Friday – report shows just how bonkers Chinese speculation in ore futures are compared to anything on Wall Street.
Few trust official Chinese growth numbers, but new research shows activity across a wide section of the economy accelerated sharply in the first quarter.
The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.
China’s economic prowess is one of these new paradigms that has emerged, but many people still can’t really wrap their heads around the scale or scope of it.
China clamps down, but Beijing's record on market intervention is not good and speculative bubbles tend to blow up spectacularly inside the country.
Beijing clampdown on Chinese commodity markets where six out of ten of the world's most active derivates are now traded doesn't bode well for iron ore price.
Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.
"It is not clear at this time that the current prices are either sustainable or sufficient".
World's number one heavy equipment manufacturer arrests sales decline in March.
The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.
Uranium price falls to lowest since May 2005 as bearishness overwhelms the sector.
Increasing interest from hedge funds and Chinese buyers are driven the metal to its biggest monthly rise since January 2015.
Documentary focuses on how Chinese mining company Myanmar Wanbao is changing and speaking the new language of a changing Myanmar.
Shares in world's top miner of high-tech raw materials surge on speculation Beijing is stepping in to support rare earth prices.
Analysts, companies expect prices to stay below 2015 levels for at least the next two years.
It is set twice a day based on a few minutes of trading by 18 trading members,
DMCC, the Government authority on trade, enterprise and commodities in Dubai, announced today its signing of a Memorandum of Understanding (MoU) with the leading Chinese silver producer China Silver Group Limited in Shanghai.