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Chinese buyers are still hesitant to make bookings of Indonesian thermal coal, despite recent rebound of Chinese domestic coal prices, which may lead to a rise in the seaborne market, as shipping cost
China's metallurgical coke prices remained under pressure from a slight oversupply, as steel mills turned to cautious purchases amid production cuts and sufficient coke inventories.
Tangs
Daqin Feb
coal shipments soar 45.3% YoY
China's coal dedicated Daqin rail line,
which connects coal hub Shanxi and transfer port of Qinhuangdao, shipped 34.45
million tonnes...
Mongolian
coking coal inflows to China likely to increase via Erlian and Mandula
China is likely to import more Mongolian
coking coal through Erllianhot and Mandula border crossings in the fou
China aims to cut energy consumption per unit of GDP, a gauge of how much energy is used in economic growth, by around 3% in 2021 in a bid to further its green drive, Premier Li Keqiang said in his go
China's thermal coal market in February extended the downward trend from the second half of January, as demand kept shrinking on the back of weakened heating need. The week-long Lunar New Year holiday
China's coal dedicated Daqin rail line, which connects coal hub Shanxi and transfer port of Qinhuangdao, shipped 34.45 million tonnes of coal in February, rising 45.3% from a year ago, with the growth
China is likely to import more Mongolian coking coal through Erlianhot and Mandula border crossings in the fourth quarter this year, following the commissioning of Mongolia's Tavan Tolgoi - Zuunbayan
Offers and bids of spot thermal coal at northern China's major trading ports continued to pick up on March 4 driven by rising prices in production areas. But trading activity hasn't yet improved great
China Baowu Steel Group has signed a strategic partnership agreement with Sibanthracite Group, the largest producer of metallurgical coals in Russia, to seek for more than 700,000 tonnes of PCI coal a
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Data showed coal stocks at the six coastal power groups were 15.52 million tonnes, up from 15.42 million tonnes a week earlier; their coal consumption combined rose from 536,000 tonnes to 585,900 tonn
China's coal-fired power generation capacity grew
4.7% YoY to 1.25 TW in 2020.Grid-connected wind power generation capacity
surged 34.6% to 281.53 GW; solar power capacity
increased 24.1% to
China's coal consumption gained 0.6% YoY in 2020, the 4th straight year of increase,NBS data showed on Feb 28. However,the share of coal consumption in
energy mix declined to 56.8% in 202
Yancoal Australia, an overseas subsidiary of China's state-run Yanzhou Coal Mining, reported the first annual loss in 2020 in four years, due to decline in demand and coal prices, according to its fin
Mongolian coking coal arrivals are likely to edge up further through Ganqimaodu border crossing into China in the near term, on the back of new policy, storage expansion and decline of freight rate.
Central China's Hunan province held 3.28 Mt
of thermal coal used for power generation on Feb 24, enough to cover 20 days of
usage, local energy bureau said.
Colombia's coal exports fell 25.8% WoW to
1.14 Mt on Feb 24, Kpler cargo-tracking data showed.
Activities in China's manufacturing sector slowed down in February as the Lunar New Year holiday has put a lid on business operations.
The Purchasing Managers' Index fell to 50.6 in Febru
Coal-washing capacity in Ganqimaodu border crossing in Inner Mongolia of China is likely to turn tighter in the near term, after some washing plants were requested by local government to suspend produ
Global mining giant Anglo American plans to hive off thermal coal business by 2024 as part of a drive to deepen its green practice, the miner said on February 25.
The company plans to sel
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