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China's six major coastal power plants saw drops in both coal consumption and stocks, due mainly to decreased power load and adverse weather conditions.
As of August 20, the six's thermal
Thermal
coal
Domestic
market
Production
area Thermal coal sales were robust in Yulin city
of Shaanxi amid good demand from the neighboring plants and some central China
provinces,
China's electricity consumption rose 6.8% year on year to 648.4 TWh in July, showed data released by the National Energy Administration (NEA) on August 17.
The residential segment consume
A rally that has sent coke prices to a record high in China has prompted sellers in the world's top producer to hoard stocks of the steelmaking ingredient amid fears of further steps by Beijing to cur
The sentiment weakened largely in spot thermal coal market at northern China ports late last week, with lots of traders rushing to undercut stocks in hand to stave off losses as much as possible, trad
Some Chinese traders have temporarily suspended buying in the seaborne import thermal coal market, resulted from a combination of sparse import quotas, weakening Chinese yuan and flat domestic market.
Japan
utilities, Glencore set annual coal contract at $110/t
apanese utilities and global mining giant
Glencore have settled an Australian thermal coal import contract for April
2018-March 2
Thermal coal
Domestic market
Production area Prices increased by 10 yuan/t recently in Yuyang district, Yulin city, Shaanxi province due to good demand from coking plants that many miner
Supplies of high-quality coke products are becoming increasingly hard to find in the Chinese market, as deepened environmental restrictions crimped supply of the steelmaking ingredient.
A
Sales of steel products yet to be shipped out of Shanxi province before August 15 may keep on hold for a while.
From August 15 to December 31, Shanxi decided to launch a special joint law
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China's hydropower generation posted a faster year-on-year growth than thermal power in July thanks to plentiful rainfalls in the month, official figures showed, though share of thermal power remained
The import of coal by Indian power sector in the April-June quarter was 14% less than the amount imported in the same period last fiscal, Coal Minister Piyush Goyal said in a reply to a question in Ra
Chinese domestic thermal coal prices keep heading up, with a 10 yuan/t increase at Bohai-rim ports by last week, despite no clear changes in supply-demand fundamentals.
By August 10, the
Industry insiders worried whether the latest round of bounce in China's thermal coal market could continue longer, with prices extending a 10-day uptrend since August 6.
Price of spot 5,5
China's spot thermal coal market seems exhausted after rising for more than half a month. Traders generally expected the market to keep in low ebb for a while, but noted the big price slump was less p
China's coking coal market embraced a sharp jump of some grades amid tight supply, while prices of most grades stayed unchanged on the whole.
Price hikes have reached 100 yuan/t in total
China's domestic thermal coal price further climbs up after a short pause, beating the conservative expectations most traders held at the beginning of this round of rise in early August.
China produced 281.5 million tonnes of raw coal in July, a 2% slip from a year ago, showed data from the National Bureau of Statistics on August 14, dropping to the trough since September 2016.
China's coke market continued its upward
trend, as output was further constrained amid intensified environmental
measures while demand remained firm from steel mills. The robust spot market
was als
Trades of import thermal coal to China stayed moderate as traders found it difficult to strike deals with Chinese utilities bidding low amid limited import quotas and the depreciating yuan against dol
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