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 Nov power coal price index hits six-mth low 2018-12-14

China's monthly-issued price index of power coal edged down 0.65% month on month to 520.09 yuan/t in November, reaching a six-month low, showed data from the National Development and Reform Commission

2 China steel futures prices extend gains as two cities order more curbs 2018-12-14

Shanghai steel prices rose for a third day in a row on December 14 after China's major steelmaking cities of Tangshan and Xuzhou asked mills to curtail output, amid concerns they will not meet their p

3 China fixed-asset investment up 5.9% in Jan-Nov 2018-12-14

China's fixed-asset investment (FAI) grew 5.9% year on year in the first 11 months of this year, according to the National Bureau of Statistics (NBS) on December 14.

4 China Coal Daily Track (Dec 14) 2018-12-14

Thermal coal Domestic market Production area In Shaanxi's Yulin, some coal miners reported sales pressures remained even after cutting prices. Small-sized miners in Shenmu and Fugu

5 China Nov crude steel output hits 7-mth low on plunging profit and winter curbs 2018-12-14

China's crude steel output fell to its lowest in seven months in November, data from the National Bureau of Statistics showed on December 14, impacted by shrinking margins in the sector and winter res

6 Bearish sentiment rises in Chinese coal market amid traders' fire sales 2018-12-14

Chinese spot thermal coal market clouded over with growing pessimistic mood after traders started clearing out their cargoes at ports along the Yangtze River. On December 13, CCI index fo

7 China Nov coke output rises 1.9% on yr, NBS 2018-12-14

China churned out 35.41 million tonnes of coke in November, increasing by 1.9% from a year earlier, showed data from the National Bureau of Statistics (NBS) on December 14. The volume was

8 Indonesian low-CV coal price firms up, yet upward space limited 2018-12-14

Both offer and settlement prices firmed up for Indonesian thermal coal with low calorific value in China's import market, following several days' rises that ended a prolonged weakening. Y

9 China Nov power output rises 4pct MoM amid improved demand 2018-12-14

China's power output ramped up 4% month on month in November, official data showed, thanks to rising heating demand from residential sector as temperature fell in the winter heating season.

10 World's energy consumption structure quartering by 2040 2018-12-14

Coal, oil, gas and renewable energy forms may take up 25% each by year 2040, a conclusion made jointly by International Energy Agency, Organization of Petroleum Exporting Countries, and International

Most Read Articles

1 Cold front hitting China's south & east – but coal traders may love it 2018-12-07

A strong cold front not only brings the first snowfall of this year to some northern cities, it also causes sharp temperature drop in the south. The National Meteorological

2 China coking coal rallies to 15-month high amid tighter supply 2018-12-07

Chinese coking coal futures jumped to their highest in nearly 15 months on December 7, supported by tighter supply amid safety checks at coal mines, while coke surged nearly 6% to a five-week high.

3 Weekly global coal market news summary (Dec 3- Dec 7) 2018-12-07

Indonesia's Dec HBA thermal coal price dips for 4th mth to $92.51/t Indonesia's Ministry of Energy and Mineral Resources has set its December thermal coal reference price, also known as Harga

4 Tangshan grapples with emissions discharged by steel mills 2018-12-07

Sintering machines and pelletizing devices equipped in steel mills in Tangshan city in northern China's Hebei province will be asked to suspend production for rectification till December 31, if they f

5 Shanghai steel rebar futures set for best week in 5 mths on glut concerns 2018-12-07

China's steel rebar dropped nearly 2% on December 7, but is poised for its best week in nearly five months, reflecting persistent concerns over surplus supply amid high utilisation rates at steel mill

6 Shanxi approves trial run of 6 coal mines with 16.4 Mtpa capacity 2018-12-07

Shanxi Energy Administration has approved 2 mines' requests of expanding previous planed trail run period and 4's proposals of starting trail run since November. The 6 coal mines with combined designe

7 A review of 1st Coking Coal Market Analysis & Blending Technology Application Summit 2018-12-03

The 1st Coking Coal Market Analysis & Blending Technology Application Summit co-hosted by Shandong Coking Industry Association and Fenwei Energy Information Services Co., Ltd. wrapped up successfu

8 China Coke Market Analysis and Forecast (Dec 2018) 2018-12-06

Despite strong support from coking coal prices, China's metallurgical coke market was badly hammered in November by steel price nosedive. In November, the market has experienced

9 China Nov coal import extends decline for 4th mth; down 17% on mth 2018-12-08

China imported 19.15 million tonnes of coal in November this year, down 17% from the previous month, showed the latest data released by the General Administration of Customs on December 8.

10 China spot thermal coal market may trend down further 2018-12-04

China's spot thermal coal market is forecast to further trend down in the high demand winter season, but the downside space could be limited, as downstream utilities have low demand for spot coal afte

Scan to download sxcoal.com mobile APP