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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China's steel mills need to prepare for an even tougher assault on overcapacity this year as the government bids to make "fundamental" progress in reforming the sector, Reuters reported, citing an off
Domestic marketInner Mongolia reported a stable thermal coal market, and local miners had low coal stocks in the wake of sound sales.
In Yulin of Shaanxi, some
Some miners in Shenmu, Shaanxi reduced thermal coal prices by 10 yuan/t as sales decreased.
Some miners in western Inner Mongolia said demand for
Ganqimaodu border crossing in northern China's Inner Mongolia autonomous region imported 5.04 million tonnes of coal from neighboring Mongolia from the beginning of 2017 to April 12, up 179.8% from th
The supply of coal by Coal India to power
sector in FY 2016-17 increased by 1.3% to 420.2 million tonnes,
showed the latest government data.
The increase in supply comes at a time
A wait-and-see sentiment was spreading at the thermal coal market at southern China ports, with prices were on the decline amid waning demand.
The demand was slowing down in southern Chin
Domestic marketMiners in Inner Mongolia and Shanxi cut thermal coal prices by 5 yuan/t, as demand softened on news that Tianjin port would ban truck-delivered coal.
SUEK, the number one coal producer in
Russia, has reported that the company produced 28.4 million tonnes of coal in
the first quarter of 2017, representing a 1% decline in comparison with the
China's central government-administered State-owned enterprises (SOEs) have pledged to continue to cut production overcapacity in some industrial sectors, aiming to reduce steel capacity by 5.95 milli
China has made new progress toward carrying out supply-side structural reform in the first quarter of the year, the National Bureau of Statistics (NBS) said on April 17.
Analysts said a b