Ordos Aug coal sales decrease 8.2% YoY

sxcoal.com Production & Sales 2020-09-16 11:05:44

Ordos city in Inner Mongolia reported an 8.2% year-on-year drop in coal sales to 53.86 million tonnes in August, data showed from Ordos Energy Bureau.


Coal sales of mines run by local governments and individuals came in at 41.6 million tonnes, down by 11.2% year on year, while mines under China Energy Investment Group (CHN Energy) sold 12.26 million tonnes, up 3.8%.


In the first eight months, the city's coal sales were 12% lower than the year prior at 413.31 million tonnes.


Coal sales of local mines dropped 16.1% from the preceding year to 316.46 million tonnes, while sales of CHN Energy increased 4.7% to 96.85 million tonnes.


In August, average coal price in Ordos was 300 yuan/t, falling 8 yuan/t or 2.6% from a year ago. Average price of raw coal dropped 5 yuan/t to 289 yuan/t, while that of slump coal dropped 6.4% to 336 yuan/t, and mixed coal price averaged 284 yuan/t, down 0.3%.


In January-August, average coal price came in at 286 yuan/t, falling 23 yuan/t year on year.


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

Share this article
Connect with us

Editors Recommendations

1 Indian demand may help prop up Indonesian thermal coal prices 2020-09-25

Major thermal coal consumer India has showed improving buying appetite for imported coal following previous low ebbs alongside post-monsoon resumption of industrial activities. Lockdown m

2 China Aug thermal coal imports tumbles 42.79% YoY 2020-09-25

China imported 8.17 million tonnes of thermal coal (including bituminous and sub-bituminous coal but excluding lignite) in August, falling by 6.11 million tonnes or 42.79% on a yearly basis and down b

3 Yulin Jan-Aug raw coal output increases 17.8% YoY 2020-09-25

Yulin extracted 326.99 million tonnes of raw coal over January-August, increasing by 17.8% year on year, yet the growth rate slowed by 1.9 percentage points from January-July, according to the statist

4 Thailand Aug thermal coal imports rise to 4-mth high 2020-09-25

Thailand imported a total of 2.28 million tonnes of thermal coal (including bituminous and sub-bituminous coal) in August, rising by 4.15% year on year and surging by 36.61% from July, according to th

5 Weekly China coal market news summary (Sep 21-Sep 25) 2020-09-25

Supply shortage continues to back thermal coal prices at N China ports Chinese northern transfer ports saw a flurry of thermal coal trades on September 24, as buyers intensified purchasing fo

6 Weekly global coal market news summary (Sep 21-Sep 25) 2020-09-25

Mongolian coal exports to China expected to increase further China-Mongolia trade cooperation has become increasingly close in recent years, in which coal account for the majority. Analysts p

7 US crude steel output starts falling in the 3rd week of Sep 2020-09-25

US crude steel production began to fall in the third week of September after two consecutive weeks of growth. Crude steel output is estimated to reach 1.45 million short tons or 1.3

8 China mid-Sep thermal coal prices rise markedly, NBS 2020-09-25

China's primary coking coal price remained steady, while thermal coal and anthracite prices picked up rapidly in mid-September, showed data from the National Bureau of Statistics on September 24.

9 Fitch revises down 2020 thermal coal price forecast on sluggish demand 2020-09-25

Fitch Solutions has revised down 2020 thermal coal price forecast from the previous US$65/t to US$55/t, primarily taking account of the slack demand for thermal coal at Newcastle port while the relati

10 China Yangtze Power to list in London 2020-09-25

China Yangtze Power Co., Ltd., the world's largest hydroelectric firm in terms of capacity, announced on September 22 to plan for a listing of global depositary receipts (GDRs) on the London Stock Exc

Most Read Articles

1 China receives first train of coking coal from Mongolia 2020-09-23

The first train of coking coal, from Mongolia's mid-east city Choir, arrived at China's border city Ulanqab on September 19, signaling a significant move in coal trade between the two countries.

2 Mongolian coal exports to China expected to increase further 2020-09-22

China-Mongolia trade cooperation has become increasingly close in recent years, in which coal account for the majority. Analysts pointed out Mongolia will continue to expand coal exports to China with

3 Chinese thermal coal prices may stabilize as purchases slow 2020-09-21

Chinese domestic thermal coal prices are likely to stabilize after rising for two consecutive weeks, as downstream buyers became more reluctant to take high prices. Possible change on coal import quot

4 Will China ease coal import curbs? 2020-09-22

While China is facing coal supply shortage and domestic prices are jumping quickly, it is still unknown if the authorities will ease its import restrictions. China has tightened the screw

5 China's domestic thermal coal rally sparks import interest; views vary on policy 2020-09-22

Rapid price increase in Chinese domestic thermal coal market are shifting end users' buying interest back to price-competitive seaborne import coal. This is also helping overseas miners shake off sale

6 China's import thermal coal market may maintain strength on increased buys 2020-09-21

Chinese seaborne import thermal coal market is expected to maintain upward momentum in the short run, as buying activity increased for major coal grades following a period of quietness. A

7 China's top 3 coal provinces raw coal output reaches 1.74 Bt in Jan-Aug 2020-09-22

Three major coal-rich provinces – Shanxi, Inner Mongolia and Shaanxi – registered a combined raw coal output of 1.74 billion tonnes in first eight months of 2020, accounting for 70.92% of the total, s

8 Indonesian power sector coal consumption to fall in 2020 2020-09-21

Indonesian power sector is expected to consume 95.6 million tonnes of coal in 2020, down 1.43% year on year, as the COVID-19 lockdown restricts electricity demand, said state-owned PLN. I

9 Chinese coking coal prices stable; tight supply may spur another rally 2020-09-22

Chinese domestic coking coal prices were broadly unchanged at major production areas this week, but potential supply shortfall may trigger another round of price increase in the near term.

10 Russia Jul coal exports to China fall over 5% MoM 2020-09-21

Russian coal exports in July increased by 7.9% from the previous year to 16.51 million tonnes but tumbled by 17.07% month on month from 19.91 million tonnes in June, according to the Federation Custom