Weekly China coal market news summary (Jul 27-Jul 31)

sxcoal.com General 2020-07-31 15:00:50

15 coal cos on Fortune China Top 500 list

A total of 15 listed coal enterprises have taken positions on Fortune's Top 500 Chinese Enterprises list this year, according to the ...

 

Portside trading interest stays thin for thermal coal at N China ports

Little trading demand emerged for spot thermal coal at China's Bohai-rim ports, although prices stayed stable for a week. The market ...

 

Coking coal market remains tepid at Chinese production bases

Coking coal market has been softening for over one week at China's main production centers, dragged down by accumulating stocks at mi...

 

NEA plans to quit over 7 GW "zombie" coal-fired power units this yr

China's National Energy Administration plans to cut down a total 7.33 GW of "zombie" coal-based power capacity in 2020, to further st...

 

Coal smuggling increases driven by interest

Cases of coal smuggling frequently appeared in China recently, driven by huge profit as the price spread reached up to 200 yuan/t bet...

 

China Jun coking coal imports slide 4.5% on yr, customs

China registered a 4.5% year-on-year drop in coking coal imports in June, showed the latest customs data. Coking coal im...

 

China's Jun thermal coal imports climb up 28.3% on mth

China witnessed a monthly increase of 28.3% in thermal coal imports in June despite continued strict import curbs, following a 38.4% ...

 

Overview of China's H1 coal imports: surprising growth despite restriction

There was a quicker-than-expected growth in China's coal imports in the first half of 2020, in spite of the largest coal consumer's s...

 

China's met coke market awaits direction

China's metallurgical coke market remained quite directionless, with divergent views over the near-term price trend heard from partic...

 

Ordos aims to release 129.2 Mtpa of advanced coal capacity

Ordos is committed to release 129.2 million tonnes per annum (Mtpa) of advanced coal capacity by speeding up the formalities such as ...

 

Inner Mongolia's Ejin Horo targets 100% on-line trading for commercial coal by end 2020

Ejin Horo banner in Ordos of Inner Mongolia has set a target to have half coal mines trading online by the end of July and all coal m...

 

Daqin Railway denies possible impact of coal resource exhaustion in short run

Daqin Railway Co., Ltd, operator of coal-dedicated Daqin rail line, denied possible impact of coal resource exhaustion on its busines...

 

China H1 coal mining & washing industry profit slumps 31.2%

China's coal mining and washing industry saw total profit tumbled 31.2% from a year ago to 98.47 billion yuan ($14.06 billion) in the...

 

China's state planner reiterates extension of power price cut to lower cos' cost

China's state planner will maintain a policy to cut electricity prices by 5% for commercial and industrial companies until the year-e...

 

Power shortage may hit 6 GW in central China this summer

Power shortage in central China is predicted to hit 6 GW in peak hours this summer, said State Grid Energy Institute, a subsidiary of...

 

(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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Spot thermal coal prices at China's northern transshipment ports jumped to a new high of nearly 19 months, as firm trading activities stoked the concerns of sustained supply crunch. On No

2 Mongolian coking coal exports to China tumble amid stricter border virus check 2020-11-27

Mongolian coking coal shipments to China slumped as Chinese checkpoints at the border imposed stricter coronavirus checks on Mongolian drivers, causing a significant slowdown in customs clearing, sour

3 China's 2020 coal imports in a sharper curve due to COVID-19 pandemic 2020-11-27

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4 China's thermal coal futures hit 2-yr high on supply crunch, growing demand 2020-11-27

Thermal coal futures on Dalian Commodity Exchange has touched a new high in the past two years, due to a combination of sustained supply crunch and mounting demand. As of 10 o'clock a.m.

5 Shanxi Luliang's raw coal output increases 13.3% YoY over Jan-Oct 2020-11-27

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6 Shanxi closes 19 coking plants so far this year 2020-11-27

Shanxi has closed 19 coking plants so far this year, involving 10.79 million tonnes per annum (Mtpa) of outdated coking capacity, local media reported. In addision, 11 coke producers have

7 China's domestic thermal coal prices edge higher 2020-11-26

Offer prices of spot thermal coal continued to increase at China's northern ports, backed by new deals sealed with higher prices a day earlier, sources said. A Jiangsu-based power plant o

8 Chinese coking coal prices sustain rally amid supply tightness 2020-11-26

Chinese domestic coking coal market continued to move higher amid ongoing supply shortage. On November 26, Fenwei CCI assessed Shanxi premium hard coking coal at 1,463 yuan/t, up 12 yuan/

9 Russia thermal coal squeezing Indonesia's market share in Asia 2020-11-26

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10 China inks a $1.5bn thermal coal import deal with Indonesia 2020-11-26

China is aiming to expand thermal coal imports from Indonesia in 2021 after the fossil fuel trade has been affected by the COVID-19 this year, according to a recent agreement signed by the two countri

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