Prices of 5,500 Kcal/kg NAR thermal coal traded at China's coastal coal market may further go down in the short run, while that for 5,000 Kcal/kg NAR coal may stabilize, traders said.
China's imported thermal coal market saw risks increasing in the absence of any material improvement that could be expected in demand for the fossil fuel in the days ahead.
Utilities in C
Please kindly note that we will be on holiday on Monday May 1 for the May Day, one of the major holidays in China.
There will be no publication of the Daily Market Watch that day, and the
China is now the sixth biggest natural gas producer in the world, three places higher than in 2007, according to the Ministry of Science and Technology on April 27.
Gas output expanded fr
Domestic marketMost miners in northern Shanxi cut mine-mouth prices by 10-20 yuan/t, in order to boost sales.
Some miners in Shaanxi cut prices by 5-10 yuan/t for
China's southern province of Hunan consumed 12.70 TWh of electricity in March of 2017, increasing 10.96% year on year, showed data from Hunan Supervision Office of the Energy Administration.
North China's coal-rich Shanxi province has completed 2.3 TWh of direct power trade in the first month starting from March 23, sources learned from Shanxi Power Trading Center Co., Ltd. on April 26.
China National Nuclear Power Co., Ltd (CNNP) saw its net profit increase 14.06% from the preceding year to 8.11 billion yuan ($1.18 billion) in 2016, announced the company in its annual report late Ap
Trucked coal will no longer be allowed to enter China's northern port of Tianjin effective May 1, part of the country's efforts to battle air pollution, according to a notice from Tianjin Port and Wat
Sichuan Coal Industry Group, or Chuanmei Group, signed long-term coal supply contracts with power firms totaling 2.85 million tonnes for 2017, announced the company on April 24.
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Yanzhou Coal Mining Co., a leading coal producer based in eastern China's Shandong province, saw its commercial coal output reach 18.03 million tonnes in the first quater this year, increasing 24.1% y
Domestic marketThe provincial government of Shaanxi ordered coal mines in Yulin to suspend operation after the coal mine flood in Shenmu occurred on April 19, which may negati
Domestic marketCoal supply in Inner Mongolia was negatively impacted by ongoing check at mines during the celebration of 70th anniversary for establishment having started fr
The price of the coking coal dropped 9% on April
21 to $263.4/t after one of the industry's biggest producers said it might lift
a legal provision on coal sales in Australia, Financial Times reporte
Mine-mouth prices for thermal coal dropped in Inner Mongolia amid poor sales and increased stocks at mines.
Some miners in northern Shanxi cut min
China's coke stocks dropped to a nearly one-year low as coke producers cut production to alleviate rampant smog caused mainly by air pollution and maintain certain profit margins.
Rio Tinto Plc agreed to sell its Australian unit, Coal & Allied Industries Ltd to China-owned Yancoal Australia Ltd. for nearly $2.5 billion on January 24, and the takeover process is moving towar
Sales of Inner Mongolian coal was hit by ban on truck transport to Tianjin port, leading to a rise of stocks at mines.
Local miners planned to adj
China's grid-connected wind power generation capacity amounted to 151 GW over January-March, increasing 13% from the previous year, showed the latest data from the National Energy Administration (NEA)
A Shandong-based large steel maker lowered coke purchase prices by 50 yuan/t on April 26, with delivered prices of Grade II and quasi Grade I met. coke at 1,850 yuan/t and 1,930 yuan/t.