Some miners in northern Shanxi cut thermal coal prices by 5-15 yuan/t, as their stocks increased owing to poor sales. Local users lowered bidding prices for
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
Northern China's Hebei province aims to cap its coal output at 50 million tonnes by 2020, showed the province's coal industry development plan over 2016-2020 recently released by the provincial Develo
As of 2020, the installed power capacity in Hainan province would stand at 11.5 GW, over half of which is expected to come from clean energy, the provincial government recently announced in a notice.
Chinese utilities continued to lower tender prices for import thermal coal, and slowed buying in anticipation of further price drop amid falling domestic prices.
"This makes hard for trad
Most Chinese traders and buyers held a bearish view on the thermal coal market, as weak supply and demand may continue.
Coal delivery into Qinhuangdao port has been affected by the routin
China's thermal coal market was on the upward trend in the first quarter of the year, while coking coal market stabilized after a downturn in February.
On March 31, the Fenwei CCI T
China's coal giant Shenhua Group dropped spot price for 5,500 Kcal/kg NAR coal by 5 yuan/t to 665 yuan/t FOB, effective April 17, market sources said.
The group also cut price of 5,000 Kc
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
Zhuen Gadabuqi border crossing in northern China's Inner Mongolia autonomous region imported a total 103,000 tonnes of coal in the first quarter this year, soaring 869.8% year on year, showed data fro
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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
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
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
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.
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
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
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
Wait-and-see sentiment seemed increasing at China's thermal coal production bases, where prices slightly fell recently.
Prices of slack thermal