Weekly China coal market news summary (Mar 30-Apr 3)

sxcoal.com General,  Viewpoint,  Price 2020-04-03 15:49:05

Webinar recap: How Covid-19 impacts China's economy and coal industry

Although Covid-19 epidemic is largely contained within China, the fallout has profoundly impacted the country's economy and its tra...

 

China's spot thermal coal continues to fall, but futures revive

Spot prices of China's domestic thermal coal continued to move down at northern transfer ports, as traders panicked and sped up dumpi...

 

Chinese premium met coal in quickened stock slide; import prices still weak

Chinese low-sulfur primary coking coal, with similar quality to Australian hard coking coal, embraced quickened inventory decline in ...

 

Pressure builds on China met coke market

China's metallurgical coke market were under great downward pressure, as more steelmakers in major industry hubs of Hebei, Shandong a...

 

China's 90 large coal miners Jan-Feb output down 4%

Raw coal output from China's 90 large miners reduced 4% from a year ago to 390 million tonnes during January-February, official data ...

 

Chiness ports brace for second hit as virus spread wipes out exports

Chinese ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than...

 

Chinese miners cut coking coal prices after Q2 term contract pricing

Many Chinese miners moved to lower coking coal prices amid worsened outlook after top miner Shanxi Coking Coal adjusted down prices o...

 

CCI index sees biggest one-day fall after top miner cuts term prices

China's spot thermal coal market experienced a sharp decline in the midweek with the benchmark 5,500 Kcal/kg NAR coal suffering the b...

 

China Jan-Feb coal shipment via railway drops 6.2% on yr

China's coal shipments via railway were 370 million tonnes in January-February 2020, a year-on-year decrease of 6.2%, according to da...

 

China Shenhua reports 5.5pct fall in 2019 profit

China Shenhua Energy Co., Ltd., the flagship of China Energy Investment Corporation or CHN Energy, registered a year-on-year drop of ...

 

Xinjiang 5-Mtpa opencast mine starts operation

Coal-rich Xinjiang Uygur autonomous region put an opencast mine into operation on March 27 and is expected to contribute 5 million to...

 

Shandong targets to reduce 9.94 Mtpa coal capacity in 2020

Eastern China's Shandong province targeted to eliminate excess coal capacity by 9.94 million tonnes per annum (Mtpa) in 2020, local...

 

China's Mar steel PMI recovers to 42.2 as coronavirus impact eases

China's Purchasing Managers' Index (PMI) for steel sector recovered to 42.2 in March from 36.6 a month earlier, data from the CFLP ...

 

China's top steel hub Tangshan imposes output curb in April

China's top steel-making city of Tangshan has set a plan to curb steel production from April 1-30 in a bid to bring down toxic emissi...


(Writing by Emma Yang  Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 Indonesian thermal coal prices hold steady in thin trading 2020-06-05

Indonesian thermal coal prices were generally stable in the Chinese seaborne import market with no new trades heard in the last trading day of the week. Prevailing offer prices of Indones

2 China coking coal still lacks momentum 2020-06-05

China's coking coal market is still lacking enough impetus to have an across-the-board rise, with price hikes seen in some places while declines in somewhere else. Prices of 0.8%-sulfur p

3 Thermal coal trades set to increase at N China ports, traders 2020-06-05

Some traders expected spot thermal coal transactions to increase next week at northern Chinese ports after staying in the doldrums for one week, owing to the rise of futures market and potential relea

4 Shaanxi and Qinghai sign 3-yr power cooperation agreement 2020-06-05

Shaanxi will increase 10.2 TWh of power supply to Qinghai, an inland province in western China, from 2020 to 2022, according to the "Three-year Framework Agreement on Medium- and Long-term Electricity

5 Five S China provinces' power demand rises on hot temperature, economic recovery 2020-06-05

Power demand of China's five southern provinces of Guangdong, Guangxi, Yunnan, Guizhou and Hainan saw a 9.46% rise year on year in May, said China Southern Power Grid (CSG) that takes charges of grids

6 China Coal Daily Track (Jun 5) 2020-06-05

Thermal coal Production area Coal prices were steady in Yulin of Shaanxi amid good sales, while prices were up 10-20 yuan/t in Shenmu amid improved sales of slack coal. Supply slightly increa

7 May global coking coal market: Aussie price weakens amid Chinese import curbs 2020-06-05

International coking coal prices rebounded slightly in early and mid-May despite persisting impact from COVID-19 pandemic. Yet entering late May, prices of Australian coal declined as some Chinese tra

8 May global thermal coal market: price bottoms out, seaborne coal price-competitive 2020-06-05

International thermal coal market revived slightly in May despite escalating import restriction and tight import quotas in China. As the growth of China's domestic coal prices was larger

9 Yulin plans to rectify 19 private coal mines, impact on market limited 2020-06-05

Yuyang district, Yulin city in northwestern China's Shaanxi province has planned to carry out concentrated rectification on safe production at 19 private coal mines in the district to further strength

10 Russia Jan-May coal exports slide 9.25% YoY 2020-06-05

Russia exported 71.30 million tonnes of coal in total over January-May, down 9.25% from 78.57 million tonnes in the same period last year, according to preliminary statistics from the Energy Ministry

Most Read Articles

1 China's spot thermal coal market quiet amid growing bearishness 2020-06-01

Chinese spot thermal coal market remained quiet at the beginning of this week, amid rising bearishness among participants that prices could fall back in the short run. The soured outlook

2 Russia's rail link to port of Murmansk severed by bridge collapse 2020-06-03

Russian Railways has halted passenger and cargo rail transport between the northern port of Murmansk and the rest of Russia after the collapse of the only railway bridge linking the two, the national

3 China manufacturing rebounds as economy shakes off coronavirus, Caixin PMI shows 2020-06-01

Manufacturing activity in China rebounded in May driven by a jump in output as companies resumed production after the coronavirus lockdown in the first quarter, indicating the nation's recovery from t

4 China's seaborne thermal coal market quiet amid low demand; downturn looming 2020-06-03

Chinese seaborne import thermal coal market remained flat similar to the past few days, as no power plants renewed tenders and traders stood on the sidelines. The best offer for a July-de

5 Chinese seaborne thermal coal market muted; trades thin 2020-06-02

China seaborne import thermal coal market was quiet with no new trades heard. Offer prices of Indonesian cargoes edged lower whereas Australian coal prices were largely unchanged. Indones

6 Indonesian thermal coal prices edge lower amid poor demand 2020-06-01

Chinese seaborne import thermal coal market opened the week with lower offer prices of Indonesian cargoes, as Chinese utilities and traders held back on buying after Chinese domestic prices began soft

7 Indonesian thermal coal prices keep falling on concerns of quota shortage 2020-06-04

Lower offers of Indonesian low-colorific value thermal coal were seen in the Chinese seaborne import market, as buying interest was curbed by concerns of quota shortage. The most-active 3

8 China to approve 30 UHV power transmission lines in next 5 yrs 2020-06-03

China will have more than 30 new ultra high-voltage (UHV) power transmission lines approved by 2025, driving 587 billion yuan of investment into the industry, according to a report issued on June 2.

9 CHN Energy Jun term contract thermal coal prices rebound sharply 2020-06-04

China's top coal mining group China Energy Investment Corporation, or CHN Energy, adjusted up its monthly contract thermal coal prices for June shipments sharply, sources disclosed. CHN E

10 China coking coal market buoyant, sales improve 2020-06-03

China's coking coal market showed signs of recovering after three months of decline, chiefly underpinned by brisk sales from mines. With a 150 yuan/t coke price hike last month, some coke

Scan to download sxcoal.com mobile APP

X