- Friday March 05,2021
Data from sxcoal.com showed the truck
shipping rate from Liumlin to Tangshan was at 210 yuan/t as of March 4,
unchanged day on day and week on week, but down 80 yuan/t from a month earlier.
It came 5.9% lower than the year-ago level.
Data from sxcoal.com showed the shipping
rate for 85,000 DWT vessels from Hay Point to Zhoushan stood at $16.98/t as of
March 4, up $0.2/t from a day earlier. The rate was stable from a week ago, up
$6/t from a month ago and up 66.4% from the year-ago level.
319,000 t of coal to China through Kraskino/Huichun border crossing in Feb,
doubling the year-ago level.
steelmaker in Shanxi requested to cut met coke prices by 100 yuan/t, effective
Mar 7, adding to the total of 300 yuan/t decline since the Lunar New Year
holiday if materialized.
China pledges to reduce its energy
consumption per unit of GDP, a gauge of how much energy is used in driving economic
growth, by around 3% in 2021, Premier Li Keqiang said in the government work
report on March 5.
The main contract of coke for May delivery on the Dalian Commodity Exchange fell 36 yuan/t to open at 2,450 yuan/t on March 5. As of 9:40 a.m., the contract slumped 132 yuan/t or 5.3% to 2,354 yuan/t.
The main contract of coking coal for May delivery on the Dalian Commodity Exchange edged down 1 yuan/t to open at 1,503 yuan/t on March 5. As of 9:40 a.m., the contract slumped 39 yuan/t or 2.59% to 1,464 yuan/t.
The most-traded contract of rebar for May
delivery on the Shanghai Futures Exchange fell 27 yuan/t to open at 4,822
yuan/t on March 5. As of 9:40 a.m., the contract slumped 202 yuan/t or 4.17% to
exports from the Port of Vancouver in Canada were 31.55 Mt in 2020, down 14.5% YoY. Met coal exports fell 15% YoY to 21.55 Mt, hitting the lowest in 10 years. Thermal
coal exports declined 13% to 9.74 Mt.
- Thursday March 04,2021
Coal washing plants at Jinquan Industry Park and Wuyuan in Wubulangkou of Inner Mongolia were informed verbally by local authorities to halt operation this month to curb energy consumption. Some have started to suspend production.
South Africa's customs data showed its thermal
coal exports reached 3.7 million tonnes in January, down 46.44% year on year
and 42.64% month on month, hitting a multiple-year low.
of Mongolian #5 raw coking coal declined to 1,020-1,080 yuan/t on Mar 4, and
some offers even dropped to less than 1,000 yuan/t, with accumulative reduction
of around 150 yuan/t compared with levels ahead of the Lunar New Year holiday.
The U.S. produced 1.59 Mt (1.75 mln short
tons) of crude steel in the week to Feb 27, down 7% YoY and up 0.2% MoM, AISI
The Sibanthracite Group will supply over 700,000 tonnes of PCI coal to China's top steelmaker China Baowu Group in 2021, sources reported. The two companies have recently signed a strategic partnership agreement.
Coal dedicated Daqin railway transported 34.45 milllion tonnes of coal in February, up 45.3% YoY, operator Daqin Railway Co., Ltd. said in a statement on March 4.