Weekly China coal market news summary (Jun 1-Jun 5)

sxcoal.com General 2020-06-05 15:50:22

Chinese coastal utilities' coal stocks increase on small changes of consumption

Coal stockpiles at China's six major coastal power groups increased on the back of small volatility of coal consumption volume this w...

 

Qinhuangdao coal storage still hovering low despite mild rise

Coal stockpiles of Qinhuangdao port, China's top transshipment pivot of the fuel from North to South in the Bohai Bay, were hovering ...

 

Chinese coking coal miners report sliding stocks amid smooth sales

China's coking coal miners saw a slide of inventories amid recent resilient sales, bolstering prices to recover from a downside that ...

 

CHN Energy sets Jun contract price; impact on spot thermal coal remains unclear

The long-awaited June term contract pricing by China's top miner CHN Energy came out with a big hike near late this week, the impact ...

 

Chinese met coke producers start 4th price hike

Some met coke producers in Shanxi, Shandong and Hebei proposed on June 4 to raise prices by 50 yuan/t for a fourth round, in the wake...

 

Shanxi province accelerates closure of small coal mines to enhance safety

Coal mining center Shanxi province decided to shut down more small-scale coal mines permanently by the end of this year, as part of i...

 

Coal hub Ordos sees another coal-dedicated railway open to traffic

Ordos, a major coal production hub in Inner Mongolia, saw another coal-dedicated rail line open to traffic on May 30, local media rep...

 

China's two major grid operators "dig into their pockets" to cut power prices

State Grid Corporation of China and China Southern Power Grid (CSG), two major power grid operators, pledged to reduce power prices o...

 

China's largest inland port sees rail coal imports grow 25% in first 5 mths

Inner Mongolia's Manzhouli, the largest inland port of entry on the China-Russia border, registered a 25% year-on-year growth of coal...

 

China to approve 30 UHV power transmission lines in next 5 yrs

China will have more than 30 new ultra high-voltage (UHV) power transmission lines approved by 2025, driving 587 billion yuan of inve...

 

On COVID-19's impact on China coal market

Impact of COVID-19 on China's coal market remains far from coming to an end, though production at mines has been restored to normal l...

 

China major coal firms output up 0.7% on yr in Jan-Apr

Raw coal output from member companies with China National Coal Association amounted to 840 million tonnes in the January-April period...

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

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Exports of coal from Russia logged a month-on-month surge of 33.31% in May, official data showed. The country exported 16.53 million tonnes of coal in May, which presented a yearly retrea

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