With the exception of Indonesia, the top five coal exporting countries count the cost of mining and moving coal to ports in local currencies but sell coal in U.S. dollars per ton.
After the long holiday during October 1 to 7, manufacturers in China resumed working gradually and daily coal consumption of key power plants jumped up.
China may have to settle for minority stakes and financing deals when it comes to M&A targets in Indonesia’s resources sector, given a reluctance of locals such as Bumi Resources to cede control of assets.
Manganese ore market news. Find more information on China’s manganese ore latest price, stock at port, etc. Included news from main Mn ore suppliers. Updated periodically.
Demand for power-plant coal may slow in China, the world’s biggest energy consumer, as electricity generation continues to be “depressed,” Daiwa Capital Markets Ltd. said in a note.