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Shaanxi Coal and Chemical Industry Group will put China's fifth coal rail channel with shipment capacity above 100 million tonnes per annum into operation before end-2019, joining government's years-l
With demand softening recently, bearish sentiment ripples through China's thermal coal market. Among all factors involved, fast-growing hydropower can't be ignored.
Hydro power generation
Thermal coal
Domestic market
Key production regions saw the prices slip further as a whole. In Shenmu county in Yulin city, Shaanxi province, coal prices decreased 5-15 yuan/t on J
China Energy Investment Corporation (CHN
Energy) will sign 30 million tonnes of long-term thermal coal contracts with
leading power firms during a national coal trade fair, which will last three
ye
Shanxi province in North China generated 24.78 TWh of electricity in June, rising 13.94% from a year earlier, showed data from the provincial commission of economy and information technology.
Traders tended to avoid trades on import coal into China for the time being, as the depreciating yuan pushed up cost in a market that has already started weakening amid slack buying from Chinese utili
China's thermal coal market showed no sign of pickup with prices continuing to step down, duo to thin demand as most buyers are waiting for a lower price to take position.
During the past
1 Background
The top steelmaking city of Tangshan in northern China's Hebei province registered the worst air quality among 74 cities during April and May this year, according to air quality ra
China's coal-rich Shanxi province sold 27.92 million tonnes of coal via railway to end users outside of the province in June, touching a new high since last February.
It posted a 0.2% tic
China Resources Power Holdings Company Limited ("CR Power", stock code: 0836) saw total electricity generation of subsidiary power plants decrease 1.8% from the same period of 2017 to 13.37 TWh in Jun
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Traders with old Tanda Registrasi and associated Ekspor Terdaftar licences to export coal since July 1, 2018 have been forbidden to do so, according to Wood Mackenzie.
"Market rumours sug
China's monthly-issued price index of power
generation coal increased 2.56% month on month to 528.57 yuan/t in June, rebounding
from three-month falls, and 7.67% higher from a year ago, showed data
A wave of stricter port restrictions in south China has left steel producers searching for alternative ports to allow them to berth vessels carrying their imported metallurgical coal cargoes.
China's coal imports climbed by 17.9% from a year earlier to 25.47 million tonnes in June, showed data from the General Administration of Customs (GAC) on July 13, as coal-fired power plants accelerat
China Energy Investment Group, also known as CHN Energy, has reduced its monthly contract prices of thermal coal for July delivery, market sources said.
The coal giant asked its subsidiar
Iron ore is starting to buckle after a series of warnings that prices are set to drop as global supply rises, and as investors fret about the potential impact of escalating trade tensions between the
China's coastal coal freight rates started to rebound in recent days, as shipping demand showed signs of recovery from utilities which saw rising coal burns amid hot days.
Noticing that t
Few trades were heard clinched on import coal for China, with most cargoes in the hand of traders who gave varied offer prices.
Low-CV Indonesian coal of 3,800 Kcal/kg NAR was offered at
Coal supply from Indonesia, the world's top thermal coal exporter encountered a slowdown recently, due to continuously rainy weather, supporting prices of the power generation material to stay firm.
China's import trades of thermal coal remain tepid as foreign offers keep at a high level, even after Chinese yuan started to strengthen.
Coal prices have been stable in recent days, said
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