Weekly China coal market news summary (Jan 8-Jan 12)

sxcoal.com General 2018-01-12 13:49:00

China's Hebei vows to shed 10.62 Mtpa coal capacity in 2018

Hebei province in northern China vowed to shed 10.62 million tonnes per annum (Mtpa) of coal production capacity in 2018, said Hebei Environmental Protection Department.


The province will also eliminate 6 Mtpa of steelmaking capacity this year, and meanwhile slash 500 MW of backward coal-fired power capacity, 1.1 Mtpa of cement capacity and 5 Mtpa of coke capacity, said the department.


Seven major coal firms in Shanxi cut thermal coal prices

Seven main coal companies in Shanxi adjusted down thermal coal prices by 15-20 yuan/t, in order to stabilize prices and secure supply amid winter heating season.


Shanxi Coal Import & Export Group Co., Ltd. and Shanxi Coking Coal Group  adjusted down prices by 15 yuan/t for thermal coal hauled by railway directly to power plants, effective January 11.


Huanghua port 2017 cargo handling climbs 10.4pct on yr

Huanghua port – exclusively owned by coal giant Shenhua Group – handled a total 270 million tonnes of cargoes in 2017, climbing 10.43% year on year, said Cangzhou Maritime Safety Administration.


Of this, it handled 653,600 containers of cargoes last year, rising 8.65% from the year-ago level, said the administration.


China's Ordos to continue construction of 26 coal mines

Ordos city in northern China's Inner Mongolia autonomous region will continue construction of 26 coal mines during the 13th Five-Year Plan period (2016-2020), with production capacity totaling 171 million tonnes per annum (Mtpa), said an official document released on government website.


There were two coal mines that just started construction during the 12th Five-Year Plan period, with capacity combined at 24 Mtpa, said the document.


China Resources Group shuts 1.8 Mtpa coal capacity in 2017

China Resources (CR) Group shut three coal mines with combined capacity of 1.8 Mtpa in 2017, it said in a statement on the official website.


The three mines included Taicheng mine, Dayan mine and New Taoyuan mine under Shanxi CR Coal Industry Co., Ltd, with capacity at 0.45 Mtpa, 0.45 Mtpa and 0.9 Mtpa, respectively.


Inner Mongolia thermal coal prices edge up in Dec

Thermal coal prices picked up in northern China's Inner Mongolia in December, said the regional development and reform commission.


In December, thermal coal mine-mouth prices averaged 213.83 yuan/t ($32.87/t) in the region, 0.01% higher than a month ago and 6.46% higher than a year ago, the commission noted.


CR Power coal output up 31.6% MoM in Dec

China Resources Power Holdings Co., Ltd (CR Power) produced 1.74 million tonnes of coal in December, 2017, increasing 62.5% year on year and 31.6% from the month prior, said the company late in a statement on January 10.


The company attributed the increase to output rise of its wholly-owned subsidiary CR Liansheng Co., Ltd and holding subsidiary CR Yonghua Co., Ltd.


China 2017 coke output predicted at 440 Mt

China's coke output was estimated to reach 440 million tonnes in 2017, compared with 2016's 450 million tonnes, predicted Qianzhan Industry Research Institute


China produced 480 million tonnes of coke in 2013, ranking first and accounting for 67.44% of the world's total output.


Daqin 2017 coal transport up 23.1pct on yr

Daqin Railway Co., Ltd. witnessed its core assets Daqin line transport 432.39 million tonnes of coal in 2017, up 23.1% year on year, the company reported in an announcement on January 10.


In December, the line's total coal transport volumes stood at 38.56 million tonnes, rising 0.39% year on year and 12.52% month on month, said the announcement.


Ganqimaodu 2017 coal imports outstrip 17 mln T

Ganqimaodu border crossing, the largest road border crossing connecting trades between China and Mongolia, imported 17.16 million tonnes of coal in full year of 2017, climbing 34.5% from a year earlier, said Inner Mongolia Urad Entry-Exit Inspection and Quarantine Bureau on January 9.


The volume was the highest on yearly basis and accounted for around half of China's total coal imports from the neighboring Mongolia, said the bureau.


Shandong Dec raw coal output down 2.24pct YoY

Eastern China's Shandong province produced 10.18 million tonnes of raw coal in December, with total raw coal output down 2.24% from the preceding year to 125.73 million tonnes over January-December, showed data from Shandong Administration of Coal Industry on December 19.  


Provincial-owned mines produced 98.15 million tonnes of raw coal over January-December, dipping 0.3% from the preceding year, while raw coal output at municipal-owned mines at 27.57 million tonnes, down 17.5% on the year.


Jiangsu Jan-Nov raw coal output down 5.91% YoY

Eastern China's Jiangsu province produced 11.69 million tonnes of raw coal over January-November, down 5.91% year on year, showed data from the provincial economic and information technology commission.


Large-scale state-owned Xuzhou Coal Mining Group produced 3.24 million tonnes of raw coal during the same period, dropping 25.41% from a year ago.


(Writing by Zoey Yan  Editing by Jessie Jia)
For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 China Coal Daily Track (Jun 21) 2018-06-21

Thermal coal Domestic market Coal mines in Yulin, Shaanxi province expected another increase in the short run as purchase was active recently from buyers in Hebei, Shandong and Shanxi. Imp

2 China's top 3 provinces contribute 68% of raw coal output in Jan-May 2018-06-21

Northern China's Inner Mongolia, Shanxi and Shaanxi produced 67.94% of the country's total raw coal in the first five months, showed data from the National Bureau of Statistics (NBS). NBS

3 CMPort concludes trade of 50% stake in Newcastle port 2018-06-21

China Merchants Port Holdings(CMPort) has taken over 50% stake in the Newcastle port at AU$607.5 million ($457.5 million) from its parent China Merchants Group on June 14, the company announced on its

4 Chinese central SOEs' profit growth accelerates in Jan-May 2018-06-21

Profit growth of China's central state-owned enterprises (SOEs) picked up pace over January-May period this year, thanks to the deepened enterprise reform and resolve in initiative and sustainable dev

5 Hubei power plants receive 3.6 Mt coal in May, up 12% MoM 2018-06-21

Central China's Hubei province saw its unified dispatch power plants receive a total of 3.62 million tonnes of coal in May from local mines and other provinces, showed data from its provincial economi

6 Sentiment fluctuation pares thermal coal trades at China's N ports 2018-06-21

China's domestic thermal coal market saw bearish and bullish sentiments both growing in recent days, rendering traders unable to judge the market trend but stay on the sidelines. Spot pri

7 S. Korea May met. coal imports down 14.2% YoY 2018-06-21

South Korea imported 2.35 million tonnes of metallurgical coal (including coking coal and PCI coal) in May, dropping 14.18% year on year and down 13.9% from the preceding month, according to the lates

8 S. Korea May thermal coal imports decrease 20% MoM 2018-06-21

South Korea's thermal coal imports (including bituminous and sub-bituminous coal) reached 8.24 million tonnes in May, down 20.61% from a month ago yet up 4.89% year on year, the latest South Korea

9 China's rail cargo shipment hits new high in May 2018-06-21

China shipped a total 338.84 million tonnes of cargoes via railways in May, rising 11.8% from the year prior, hitting a new high since this year, said China Railway Corporation on June 20.

10 Chinese govt relaxes coal import curbs to prepare for summer high demand 2018-06-21

The Chinese government has reduced restrictions on coal imports at some southern and eastern ports on concerns about higher prices and regional power shortages, as demand for electricity jumps during

Most Read Articles

1 China's major coal miners vow to ensure supply and stabilize prices 2018-06-12

While CHN Energy announced late last week to lower their June contract coal price within the "yellow range" below 600 yuan/t, more major miners have promised to lower prices to ensure adequate supply

2 Major Chinese miners work to stabilize thermal coal prices 2018-06-11

Some leading miners in China made price adjustments in response to government's call for stabilizing thermal coal price and supply, sources said. China Energy Investment Cor

3 China to launch broader environmental inspections this month 2018-06-11

China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next year, the Ministry of Ecology and Environment (MEE) said in a statement on

4 China's raw coal output rises to a new high in May 2018-06-14

China's raw coal production registered a new high in May since this year, according to official data, as miners churned out the material driven mainly by tempting profit and rallying prices.

5 China's steel mills utilisation rate falls for 3rd week on environmental checks 2018-06-12

Utilisation rate at steel blast furnaces across China fell for a third consecutive week last week as of June 8, data showed, as environmental inspections continued to weigh on operation at steel mills

6 China proceeds development of coal-to-oil conversion 2018-06-15

China is developing new energy sources by converting coal into diesel. The world's first coal to diesel conversion production line, in China's Inner Mongolia autonomous region, produced 8

7 Weekly China coal market news summary (Jun 11 – Jun 15) 2018-06-15

China to launch broader environmental inspections this month China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next yea

8 CHN Energy reduces contract coal prices within 600 yuan/t, sources 2018-06-11

China Energy Investment Group, also known as CHN Energy, announced to control its monthly contract prices of thermal coal, media reported late June 8, in a way to cool down the overheated coal market.

9 China plans to create a $78 bln natural gas giant 2018-06-15

Together with its massive push to have more and more residential and industrial customers switch from coal to gas, China is aiming to overhaul the ownership of its huge gas pipeline network.

10 China's 20 large steel makers launch maintenance to improve environment 2018-06-14

A total 20 Chinese large steel makers have launched maintenances since June 11, said the Ministry of Ecology and Environment days earlier, in a move to strengthen environmental inspections at key poll