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China Baowu Group to take over Chongqing Iron & Steel

2020-09-18 09:49:20 Company,  Cost & Profit

China Baowu Group, the country's largest steelmaker by output, has reached an agreement to take control of Chongqing Iron & Steel...

China Shenhua Aug polythene sales up 20.4% YoY

2020-09-17 08:49:36 Company,  Production & Sales

China Shenhua Energy posted a 20.4% year-on-year increase in polythene sales in August, the company said in a report on September 16....

China Shenhua Aug commercial coal output up 2.1% YoY

2020-09-16 10:14:57 Company,  Production & Sales

Commercial coal output of China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp., grew 2.1% from a year ago an...

China Coal Aug commercial coal output up 9.3% YoY

2020-09-16 08:58:29 Company,  Production & Sales

China Coal Energy Co., Ltd, the listed arm of China National Coal Group, churned out 9.80 million tonnes of commercial coal in August...

Shaanxi Coal & Chemical Industry Jan-Aug profit up 46 mln yuan

2020-09-08 10:16:01 Company,  Cost & Profit

Shaanxi Coal & Chemical Industry Group saw profit increase by 46 million yuan ($6.73 million) from a year ago to 10.23 billion yu...

NLC India Apr-Jun profit grows 21% as virus impacts little on power

2020-09-08 08:52:06 Company,  International

NLC India Ltd, engaged in both mining and power generation, embraced a year-on-year growth of 21% in its consolidated profit to Rs 34...

Coal India Apr-June net profit slumps 55% amid COVID-19 impact

2020-09-04 08:37:16 Company,  Cost & Profit,  International

India's largest state-run miner Coal India Limited (CIL) suffered a year-on-year slump of 55.13% in its consolidated net profit to Rs...

CHN Energy slashes Sep thermal coal contract prices

2020-09-03 11:10:05 Company,  Price,  Thermal Coal

China Energy Investment Group (CHN Energy), the country's top coal mining company, had a deep cut in its monthly contract prices for ...

Zhengzhou Coal & Electric H1 suffers loss of 311 mln yuan

2020-09-02 08:44:47 Company,  Cost & Profit

Zhengzhou Coal and Electric Co., Ltd reported a loss of 311 million yuan ($45.5 million) in the first half of this year, said the fir...

GD Power – the only one with profit decline in H1 among 5 major listed cos

2020-09-01 13:40:33 Company,  Cost & Profit

Apart from GD Power (600795.SH), core listed companies of the five major power generation groups all achieved net profit growth in th...

China's 90 large coal miners Jan-Jul output up 0.4%

2020-09-01 09:10:04 Company,  Production & Sales

Raw coal produced by China's 90 large miners inched up 0.4% from a year ago to 1.54 billion tonnes during January-July, official data...

Kailuan Group H1 net profit falls 23.1% on yr

2020-09-01 08:52:31 Company,  Cost & Profit

Kailuan Group Co., Ltd, a major coal producer in Hebei province, registered a 23.1% yearly fall in net profit attributable to parent ...

Coal India's coal supply to power sector down 20% in Apr-Jul

2020-08-31 14:21:09 Company,  Production & Sales,  International

Coal India Ltd supplied 126 million tonnes of coal to power sector during April-July, down 19.5% from 157 million tonnes a year earli...

Inner Mongolia Mengdian Huaneng Thermal Power H1 net profit slides by 7.55% YoY

2020-08-31 11:47:45 Company,  Price,  Cost & Profit,  Thermal Power

Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd.'s net profit attributable to shareholders of the listed company shrank by 7.5...

Daqin Railway H1 net profit drops by 30.65% YoY

2020-08-31 11:45:07 Company,  Cost & Profit,  Inland Shipment,  Thermal Coal

Daqin Railway harvested a net profit of 558 million yuan ($81.3 milion) attributable to shareholders of the listed company in the fir...

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Editors Recommendations

1 Australian thermal coal offers jump amid Chinese purchases 2020-09-18

Australian thermal coal offer prices continued with a rapid increase on the back of increased purchases from Chinese buyers. High-ash 5,500 Kcal/kg NAR thermal coal for November and Decem

2 Wait-and-see sentiment prevails in China's thermal coal market 2020-09-18

Chinese thermal coal market participants intended not to take positions temporarily amid lack of clarity on import quotas and guidance that may come from a meeting summoned by the nation's top economi

3 China met coal extends strength, but upside may be capped 2020-09-18

China's metallurgical coal market extended strength at major production bases late this week, and prices of multiple coal grades are likely to climb higher or hold steady in the near term.

4 Weekly global coal market news summary (Sep 14-Sep 18) 2020-09-18

China, Mongolia to build three more cross-border rail lines The governments of China and Mongolia will work to build three more cross-border rail lines, in an effort to expand Mongolia's expo

5 Weekly China coal market news summary (Sep 14-Sep 18) 2020-09-18

China's Aug raw coal production rises 2.48% on mth China produced 325.81 million tonnes of raw coal in August, growing 2.48% from in July, showed the latest data from the National Bure...

6 China Coal Daily Track (Sep 18) 2020-09-18

Thermal coal Production area All preparation plants in Yuyang district, Yulin, Shaanxi province was temporarily shut down and banned to buy coal yesterday. The time when their operation cou

7 China to subsidize newly-added biomass power plants, totaling 1.5 bln yuan 2020-09-18

China issued an action plan to subsidize newly-commissioned biomass power plants in order to boost development of the renewable sector and reduce emissions. The central government will ap

8 Shaanxi's Yuyang orders halt at all coal washing plants for inspection 2020-09-18

Authorities in Yuyang district of Shaanxi province ordered all the local coal washing plants to stop receiving coal while taking back all the coal quotas in the noon of September 17 until passing insp

9 India Q2 thermal coal imports slump 41.5% on yr 2020-09-18

India's thermal coal imports in the second quarter declined 41.5% from the same period a year earlier, as power demand was heavily hit during the COVID-19 epidemic. Some participants predicted India's

10 Bullish sentiment persists in seaborne thermal coal market 2020-09-17

After a flurry of trades this week, sentiment kept bullish in the Chinese seaborne import thermal coal market, stoking prices to further highs. Australian high-ash 5,500 Kcal/kg NAR therm

Most Read News Stories

1 China Aug coal import down 37.29% on yr 2020-09-07

China's coal import in August slumped 37.29% from 32.95 million tonnes a year ago to 20.66 million tonnes, latest data from General Administration of Customs released on September 7.

2 Mongolia Aug coal exports jump 55% on mth 2020-09-10

Mongolian coal exports in August jumped 55.19% from July-level to around 3.97 million tonnes, according to calculation by based on previous data by the Mongolian Customs General Administrat

3 S Korea plans to retire half of coal-fired power plants by 2034, president 2020-09-09

South Korea plans to close 30 more coal-fired power plants by 2034, in a bid to meet the country's emission reduction targets, President Moon Jae-in said in a statement on September 8. Th

4 China to conduct safety inspections on coal mines this mth 2020-09-08

China's Coal Mine Safety Administration will conduct safe checks on coal mines in 11 major production provinces later this month in an effort to prevent any major accidents, according to a document is

5 China Aug rail coal shipment at 140 Mt 2020-09-07

China's rail coal shipment reached 140 million tonnes in August, showed data from rail authorities. Coal stocks at China's key power plants could cover up to 23 days of use.

6 Vietnam to rely on coal-fired power for future decades 2020-09-09

Vietnam will continue to rely on coal-fired power generation as its major energy source in the following decades to ensure energy security, Deputy National Assembly Chairman Phung Quoc Hien said on Se

7 Japan's May coal-fired power generation dips to 4-yr low on waned demand 2020-09-07

Japan's coal-fired power generation dropped to a four-year low in May, along with significantly waned electricity demand impacted by the COVID-19 pandemic. The generation in May was only

8 Vietnam to import 60 MT of thermal coal by 2030 2020-09-11

Vietnam will be increasingly dependent on coal imports to ensure its energy security in the next decade. The Ministry of Industry and Trade said lately that imports of coal and liquefied

9 S Africa's Jul thermal coal exports up 23.93% YoY 2020-09-07

South Africa's thermal coal (bituminous coal) exports increased by 23.93% from a year ago to 4.94 million tonnes in July, the first positive year-on-year growth seen since this year, customs data show

10 Zhejiang to cap Sep-Nov coal usage at utilities to meet 2020 target 2020-09-10

Zhejiang province in eastern China plans to cap thermal coal consumption at major coal-fired power plants over September-November in order to meet this year's coal curtailment target. Con

Most Read Analysis & Comments

1 Coking coal supply in Inner Mongolia may tighten amid quota control 2020-09-01

Supply of coking coal may get tight in northern China's Inner Mongolia in the rest days of this year, local producers reported, as local authorities keep strict control on production quotas.

2 Chinese listed coal cos profits decline on weak prices 2020-09-04

Overall profitability of Chinese listed coal enterprises declined in the first half of 2020, caused mainly by softening coal prices amid poor demand from end users. According to China Coa

3 Will China's coal imports this year exceed 300 Mt? 2020-09-10

With continuously strict curbs on coal imports, the inflow volume has been controlled well in the world's top coal import country. Are there any chances that the annual imports this year can break thr

4 Chinese thermal coal traders wait for top miner's Sep contract prices 2020-08-31

Many traders at northern China's transfer ports have stopped dumping spot thermal coal cargoes, as they started to wait for CHN Energy's September monthly contract prices for a direction. Both sellers

5 Thermal coal suppliers eye China for possible import relaxation; market quiet 2020-09-01

Seaborne thermal coal suppliers continued looking to China for potential import relaxation after northeastern China's power plants were heard to be given new import quotas recently, given China's lead

6 Is NE China really in coal shortage? 2020-09-01

With the end of summer peak power demand in most areas of China, Northeast China is starting to build up coal stocks for the long winter months. Relevant authorities have explicitly stated the need to

7 China's thermal coal market sizzling on short supply, more inquiries 2020-09-08

Spot thermal coal market became sizzling at northern China ports, with more inquiries from buyers and higher bullishness for the near-term prices on the back of supply shortage. The short

8 China's import thermal coal lull lingers on lack of buys 2020-09-03

Chinese seaborne import thermal coal market stayed in a lull near late this week, as domestic restocking interest was still capped by import restrictions and weaker electricity consumption amid strong

9 Australian thermal coal seems gaining strength from India market 2020-09-04

Following export headwinds amid China's import curbs, Australian high-ash thermal coal seems to be gaining strength from increased buying interest from Indian market. India, which typical

10 Indonesian thermal coal further softens on sluggish trades 2020-08-31

Prices of Indonesian thermal coal further softened, as trading activity was still greatly hindered by import policy of its main importers, China and India, and local supply cuts seemed not effective e