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China's power groups plea for thermal coal price decrease; NDRC responds

2019-05-25 16:01:44 Policy sxcoal.com

China's six leading power groups requested the nation's top economic planner to mediate and help lower thermal coal prices again in o...

China to end subsidies for onshore wind power by 2021

2019-05-24 17:02:20 Policy,  Wind reuters.com

China will end subsidies for new onshore wind power projects at the start of 2021, with renewable projects set to compete on an equal...

Shaanxi to adopt proper measures to curb scattered coal use

2019-05-24 08:42:06 Policy sxcoal.com

Northwestern China's Shaanxi is to adopt tailor-made measures to curb consumption of "scattered coal" – usually in low quality and hi...

Top miner BHP sees an end to the era of coal

2019-05-23 17:31:59 Policy,  Company,  International bloomberg.com

BHP Group, the world's biggest miner, sees the outlook for thermal coal as challenged and won't add production as it prioritizes gr...

Shaanxi announces to cut industrial electricity costs again, effective Jul 1

2019-05-23 16:16:26 Policy,  Price sxcoal.com

Shaanxi's government announced to cut electricity costs for industrial and commercial users effective July 1, local media reported, ...

Henan's Luoyang city to cut coal consumption by 23% by 2020

2019-05-23 15:46:43 Policy sxcoal.com

Luoyang city in central China's Henan province plans to cut coal consumption by 23% by 2020 compared with 2015-level, said the munici...

Indonesia govt rejects calls for DMO reduction, source

2019-05-23 10:06:36 Policy,  Production & Sales,  International sxcoal.com

The Indonesian government reportedly rejected calls from miners for a reduction in the Domestic Market Obligation (DMO) that requires...

Shanxi to close coking plants with excessive emissions

2019-05-22 15:51:47 Policy,  Environmental Protection sxcoal.com

China's top coke producing province Shanxi is going to close coking plants that surpass the emission cap from October 1, local media ...

Adani's coal project in Australia may take off as new govt comes to power

2019-05-20 16:49:03 Policy,  Resource,  International bloomberg.com

A surprise election victory for Australia's pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to...

China's scrap metal imports to slump as new rules leave firms confused

2019-05-20 11:11:46 Policy,  Environmental Protection reuters.com

China's scrap metal importers expect disruptions in shipments to start this month because of uncertainty surrounding new scrap restri...

Shanxi to shift to rail transport for outbound coal and coke by 2020

2019-05-20 09:34:08 Policy sxcoal.com

China's northern energy base of Shanxi will transport coal and coke to other provinces by railways by 2020, part of a clean-air campa...

E China steel base presses ahead with industry layout optimization

2019-05-20 09:18:29 Policy sxcoal.com

Eastern China's Jiangsu province, a steel major only second to Hebei, has been steadily pushing forward with steel industry layout op...

China's top steel city to slash 18 Mtpa of steel, iron capacity in 2019

2019-05-17 08:33:07 Policy sxcoal.com

Tangshan, a top steel city in northern China's Hebei province, vows to eliminate a significant amount of annual steel and iron produc...

China to allow users to apply for tariff exemption on US goods, coal on the list

2019-05-17 08:30:09 Policy,  Viewpoint sxcoal.com

China announced on May 13 that it will allow part of US imports free from additional tariffs after granting the applications of relev...

China sets minimum renewable power consumption standards, effective next yr

2019-05-17 08:25:30 Policy,  Environmental Protection sxcoal.com

In a document jointly issued on May 15, China's National Development and Reform Commission and National Energy Administration (NEA) a...

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Editors Recommendations

1 Weekly global coal market news summary (May 20-May 24) 2019-05-24

China's import thermal coal prices to further weaken, traders Prices of overseas thermal coal are poised to further weaken in Chinese seaborne import market in the days ahead even though the

2 China's power groups plea for thermal coal price decrease; NDRC responds 2019-05-24

China's six leading power groups requested the nation's top economic planner to mediate and help lower thermal coal prices again in order to alleviate their cost burden, said market sources familiar w

3 China Coal Daily Track (May 24) 2019-05-24

Thermal coal Production area Coal production increased in Shaanxi's Yulin after a batch of private mines resumed operation. Some miners were also in preparation of production resumption. A few

4 China spot thermal coal market continues to be lackluster 2019-05-24

Chinese spot thermal coal prices have been falling in fits and starts for weeks, as demand from end buyers was tepid for most of the time though deals were concluded sporadically. The Fen

5 China's import thermal coal prices to further weaken, traders 2019-05-24

Prices of overseas thermal coal are poised to further weaken in Chinese seaborne import market in the days ahead even though the typical peak consumption season is soon to arrive, traders said.

6 China Apr LNG imports up 35% YoY, GAC 2019-05-24

China's liquefied natural gas (LNG) imports registered a surge of 35.1% from a year ago in April, latest customs data showed on May 23. China imported 4.54 million tonnes of LNG last mont

7 China Apr thermal coal imports down nearly 14.6% on yr 2019-05-24

China's imports of thermal coal (bituminous and sub-bituminous coal) dropped 14.56% year on year in April, showed data from the General Administration of Customs on May 23. April thermal

8 S Korea met. coal import overview and analysis (Apr 2019) 2019-05-24

South Korea's metallurgical coal imports hit a seven-month high in April with a significant increase from March, yet dipping a little from the same month last year. The imports have waved largely in

9 Shaanxi announces to cut industrial electricity costs again, effective Jul 1 2019-05-23

Shaanxi's government announced to cut electricity costs for industrial and commercial users effective July 1, local media reported, which is the second time since the province lower the costs in Apr

10 Hopes fading for rebound in China spot thermal coal market 2019-05-23

China's thermal coal market appears turning sour as lingering weak appetite from utilities bucked expectations for a demand pickup for pre-summer restocking. High coal stockpiles re

Most Read News Stories

1 Canada Ridley Apr coal exports slide 10.5pct on yr 2019-05-20

Coal exports of Canada's Ridley Terminals posted a year-on-year decrease of 10.5% in April, showed the latest data. The volumes came in at 0.57 million tonnes, down from 0.64 million tonn

2 Weekly China coal market news summary (May 20-May 24) 2019-05-24

China Apr thermal coal imports down nearly 14.6% on yr China's imports of thermal coal (bituminous and sub-bituminous coal) dropped 14.56% year on year in April, showed data from the General Admi

3 China coal supply and demand basically balanced in Apr, NDRC 2019-05-20

China saw coal supply and demand in rough balance during April, the country's top economic planner said in a news briefing on May 17. By May 8, China's key power plants held 77.56 million

4 Full-blown trade war will push world toward recession - Morgan Stanley 2019-05-21

A collapse of U.S.-China trade talks and hike in tariffs on Chinese goods would push the world economy toward recession and see the Federal Reserve cut U.S. interest rates back to zero within a year,

5 China Apr thermal coal imports down nearly 14.6% on yr 2019-05-24

China's imports of thermal coal (bituminous and sub-bituminous coal) dropped 14.56% year on year in April, showed data from the General Administration of Customs on May 23. April thermal

6 China Apr LNG imports up 35% YoY, GAC 2019-05-24

China's liquefied natural gas (LNG) imports registered a surge of 35.1% from a year ago in April, latest customs data showed on May 23. China imported 4.54 million tonnes of LNG last mont

7 India's thermal coal output seen growing 4.3% annually till 2028: Report 2019-05-22

Fitch Solutions on May 21 said India's thermal coal output is projected to grow at an average annual rate of 4.3% by 2028. "In absolute volume terms, China and India will have the largest

8 Indian power utilities' Apr thermal coal imports surge 71.35% YoY 2019-05-21

Indian power utilities' thermal coal imports saw a year-on-year surge in April, according to data from India Central Electricity Authority (CEA). The utilities imported 6.39 million tonne

9 E China port shifts coal transport from road to rail for 1st time 2019-05-21

The first batch of 30 standard railway containers loaded with coal departed from Zhoushan port in Ningbo city of Zhejiang province in eastern China at 14:00 pm May 20, marking the city's shifting of c

10 Coal India's supply to power sector rises 1% YoY to 40.7 mln T in Apr 2019-05-20

Coal dispatches by state-owned Coal India Ltd (CIL) to the power sector rose marginally by 1% to 40.7 million tonnes in April 2019 compared to 40.3 million tonnes in the year-ago month, according to o

Most Read Analysis & Comments

1 Falling Chinese yuan dampens domestic buying appetite for import coal 2019-05-14

Chinese buying interest for overseas thermal coal subdued, due to the fall of Chinese yuan triggered by the suspension of China-US trade negotiations after the U.S President Donald Trump raised tariff

2 Chinese traders expect a weaker spot thermal coal market this week 2019-05-13

Chinese traders anticipated thermal coal prices to weaken at northern China's Bohai-rim ports this week following stableness in the past week. Utilities' buying appetite has stayed lukewa

3 High cost to limit downside room for China thermal coal 2019-05-15

Spot thermal coal prices are less likely to drop much at northern China ports, underpinned by firm cost and expectations for pre-summer stockpiling. It is more likely for spot price

4 Indonesian thermal coal prices soften on lack of demand 2019-05-16

Offer prices of Indonesian spot thermal coal cargoes edged down amid a lack of demand from Chinese buyers rattled by the falling Chinese yuan caused by US-China trade rift. One Zhejiang-b

5 Growing inventories stir worries over thermal coal price trend at N China ports 2019-05-20

Steadily growing thermal coal inventories at coastal utilities and northern transfer ports were souring traders' confidence in the short-term market, as demand from end buyers would likely further go

6 Import thermal coal comes under pressure amid poor China demand 2019-05-17

Following further decline of Chinese yuan amid escalation of US-China trading rift, import thermal coal prices edged lower late this week, and will probably remain under pressure in the short term, tr

7 A 3rd round met coke price hike looms in China amid tight supply 2019-05-16

Several producers in Jiexiu of Shanxi have proposed to increase met coke price further by 50 yuan/t on the back of active trading. The new offer of Quasi Grade I coke with 0.7% sulfur and

8 China's railway freight cuts spur concerns on spot thermal coal retreat 2019-05-16

Concerns over possible retreat of spot thermal coal prices were growing among participants at Bohai-rim ports in northern China, after several railway branches under the China Railway Corporation (CRC

9 China import thermal coal loses ground under weeklong pressure 2019-05-21

China's import thermal coal prices are losing ground as pressure is mounting alongside weeklong depreciation of Chinese yuan. On May 20, the Fenwei CCI index for Indonesian 3,800 Kcal/kg

10 Chinese thermal coal continues to be flat amid high cost and tepid demand 2019-05-17

Chinese traders are finding it difficult to reach deals on thermal coal at northern ports, as high FOB cost of thermal coal resulting from supply cutbacks in production bases met with tepid buying int

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