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

sxcoal.com Thermal Coal,  Coking Coal 2020-09-25 15:20:38

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 for fear of fur...


Chinese purchases keep fueling Australian coking coal prices

Australian coking coal prices remained on the swift upward track, backed by a number of trades concluded by Chinese buyers lately, so...


Will China ease coal import curbs?

While China is facing coal supply shortage and domestic prices are jumping quickly, it is still unknown if the authorities will ease ...


China receives first train of coking coal from Mongolia

The first train of coking coal, from Mongolia's mid-east city Choir, arrived at China's border city Ulanqab on September 19, signalin...


China mid-Sep thermal coal prices rise markedly, NBS

China's primary coking coal price remained steady, while thermal coal and anthracite prices picked up rapidly in mid-September, showe...


Cement production halts may bolster thermal coal prices

A 10-day production ban on cement plants in northern China's Hebei province could prop up the domestic thermal coal market, as the ba...


Xinjiang coal production to reach 250 Mt in 2020 on new mine projects

Coal production in Xinjiang in northwestern China is expected to reach 250 million tonnes in 2020, said local authorities, alongside ...


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

Three major coal-rich provinces – Shanxi, Inner Mongolia and Shaanxi – registered a combined raw coal output of 1.74 billion tonnes i...


Shanxi Aug outbound rail coal shipments plunge 31.4% on yr

Shanxi shipped 12.15 million tonnes of coal out of the province by railway in August, inching up 0.1% from a month earlier but slumpi...


Prices spike in Shaanxi's coal hub on safety check

Coal prices spiked lately amid reduced supply in Yulin city, a major coal production hub in Shaanxi province, as safety inspections f...


Hubei to add 6.58 Mt of coal storage capacity by end-2022

Hubei province in central China plans to add coal storage capacity of 6.58 million tonnes by the end of 2022, according to a three-ye...


China's 3rd coke price hike basically materializes

The third hike of met. coke prices by 50 yuan/t generally materialized at major production areas of China on September 24, following ...


China Aug coke exports dive more than 68% YoY

China's coke exports tumbled in August compared with both the preceding month and the year-ago month, showed the latest customs data....


Shanxi leads coke production in China in Aug

Northern China's coal-rich Shanxi province still led coke production in China in August, with output accounting for 23.65% of the cou...

(Writing by Emma Yang  Editing by Harry Huo)
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1 China's thermal coal prices up slightly on growing demand 2020-10-28

Chinese spot thermal coal market closed the trading day with a marginal rise on October 28, as buying interest increased at northern ports, sources said. Offer prices of 5,500 Kcal/kg NAR

2 Australian thermal coal exports to China slump in Oct, Kpler data 2020-10-28

Australian thermal coal exports to China may tumble to a record low this month, data from Kpler indicated, a proof of tightening restriction on Australian fuel. As of October 28 this mont

3 Japan's carbon neutral target to hit Australia's coal and natural gas exports 2020-10-28

Japan's target of carbon neutral or net zero greenhouse gas emissions will pose a big challenge for Australian coal and natural gas producers in the long run. The target was proposed by J

4 Mongolia hard to fully replace Australia in coking coal exp to China, but growth may continue 2020-10-28

Mongolia overtook Australia as China's top coking coal supplier in September, with shipments to China further expanding compared with the latter, but completely replacing Australian coking coal with M

5 CHN Energy becomes largest Chinese power investor in Indonesia 2020-10-28

China National Energy Investment Group (CHN Energy), the leading coal and power producer in the country, has invested more than $3 billion in Indonesia's electricity industry, making it the largest Ch

6 Shaanxi Coal & Chemical Industry's 3Qs profit up 4.6% YoY to 12 bln yuan 2020-10-28

Shaanxi Coal and Chemical Industry Group Co., Ltd. reaped 12 billion yuan ($1.8 billion) of profit in the first three quarters this year, up 4.6% from the year-ago level, according to official source.

7 Yunnan Coal & Energy's 3Qs net profit plummets 94.2% YoY 2020-10-28

Yunnan Coal & Energy Co., Ltd. realized 12.23 million yuan ($1.83 million) of net profit in the first three quarters of 2020, plunging 94.2% from the same period of last year, the company disclose

8 China's "Top Three" producers should not carry the can for coal supply reduction 2020-10-28

The clamour has arisen around coal supply tightness in China since Inner Mongolia started investigation of corruption and other violations of laws in the coal sector within two decades. All kinds of m

9 Shanxi Coking Group's 3Qs net profit grows 3.2% YoY 2020-10-28

Shanxi Coking Group earned 930 million yuan ($138.7 million) of net profit in the first three quarters this year, up 3.2% year on year, said the company in its quarterly report on October 27.

10 Shanxi premium coking coal prices keep rising amid absence of Australian coal 2020-10-27

Prices of premium hard coking coal kept moving up in Shanxi province, fueled by robust demand after imports of Australian coal became unavailable, sources said on October 27. Some large c

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9 Shandong phases out 60.2 Mtpa coal capacity in 5 yrs 2020-10-22

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