Weekly China coal market news summary (Oct 26-Oct 30)

sxcoal.com 2020-10-30 17:11:44

China's "Top Three" producers should not carry the can for coal supply reduction

The clamour has arisen around coal supply tightness in China since Inner Mongolia started investigation of corruption and other viola...

 

China's railway groups strive to ensure thermal coal shipment

China's railway groups are taking various measures to ensure thermal coal shipment as major power utilities are restocking at large s...

 

Chinese thermal coal traders lift offer prices to test market reaction

In anticipation of the potential supply tightness in November, spot traders in the Chinese domestic thermal coal market adjusted up o...

 

Chinese buyers turn to Canada for premium coking coal

Chinese buyers have moved to seek for Canadian high-quality coking coal as an alternative of Australian ingredients due to the sustai...

 

China Sep coal imports continue to decline on import restrictions

China's coal imports have been lower than the year-ago level since May, with the reduction expanding since July. In September, coal...

 

China's Sep thermal power output sees marked MoM decline

China's thermal power generation logged a 0.2% rise year on year but 17.03% reduction from a month ago to 422.3 TWh in September, sho...

 

China Sep coke output still high on profit drive

Chinese coke producers maintained a strong production in September, mainly driven by high profit after continued price increases. ...

 

China Sep thermal coal imports drop 39.26% YoY to 8.23 Mt

China imported 8.23 million tonnes of thermal coal (including bituminous and sub-bituminous coals and excluding lignite) in September...

 

China's Sep coking coal import fall 15.7% YoY

China's coking coal imports in September fell 15.7% from the year-ago level, according to General Administration of Customs (GAC). ...

 

CHN Energy becomes largest Chinese power investor in Indonesia

China National Energy Investment Group (CHN Energy), the leading coal and power producer in the country, has invested more than $3 bi...

 

Shanxi Sep outbound rail coal shipments plunge 46.2% on yr

Shanxi shipped 13.04 million tonnes of coal out of the province by railway in September, up 7.4% from a month earlier but slumping 46...

 

Hubei power plants receive 3.05 Mt of coal in Sep, down 33.2%

Major coal-fired power plants in Hubei province received 3.05 million tonnes of thermal coal in September, falling 33.2% or 1.52 mill...

 

China's coal industry profit contracts 30.1% YoY in 3Qs

China's coal mining and washing industry reaped a total profit of 154.4 billion yuan ($23.1 billion) during January-September, droppi...

 

China Shenhua net profit slide 9.51% in Jan-Sep

China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp (CHN Energy), said on October 26 its net profit attribut...

 

China Southern Power Grid expects max power load to rise over 7% in Q4

China Southern Power Grid, one of two national state grids transmitting electricity to five southern provinces, expected its maximium...


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

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1 Indonesian thermal coal keeps strength on strong fundamentals 2020-12-03

Indonesian thermal coal prices drifted higher on December 3 in the Chinese seaborne import market with sources citing solid supply-demand fundamentals. Offer prices of Indonesian Supramax

2 China's thermal coal buying lulls on wait-and-see sentiment 2020-12-03

Buying interest lulled in Chinese spot thermal coal market as wait-and-see sentiment grew thicker after prices jumped to a 20-month high since mid-March 2019. The procurement pause is not

3 China's seaborne met coal sees weakening price edge after rises 2020-12-03

China's seaborne metallurgical coal, mainly supplied by Canada and US, saw price advantage narrowing after a flurry of hikes supported by sizzling buying appetite from end users and domestic shortage.

4 China Nov coke market: prices rise for two rounds amid tight supply 2020-12-03

Chinese metallurgical coke market extended the growth with another two rounds of rise in November, adding up to seven rounds in a row since early August, due to a combination of supply tightness and s

5 Coal inventory stays low at Yangtze River ports; outlook bullish 2020-12-03

Thermal coal stockpiles continued drifting lower at ports along the Yangtze River, as northern ports haven long failed to build up inventory amid short supply at main production provinces and this kep

6 Indonesian thermal coal prices in rising streak on solid demand 2020-12-02

Spot prices of Indonesian thermal coal continued to go upward in the Chinese seaborne import market as buyers kept the high buying enthusiasm to expand their inventories. Fenwei CCI 3800

7 China sees massive coking coal price hikes on shortfall 2020-12-02

China registered broad price hikes of coking coal in main production provinces in early December, indicating the lingering firm strength in the short run following rounds of upward adjustments in Nove

8 Chinese suppliers lift spot thermal coal prices rapidly amid bullish futures 2020-12-02

Chinese portside suppliers have been rapidly lifting offers for spot thermal coal in recent days, inspired by outlook of lingering supply shortage and jumping futures prices. Main January

9 China Nov coking coal market: supply shortage bolstering coal prices 2020-12-02

China's coking coal market further firmed up in November, as supply shortage amid frequent safety inspections continued to shore up market sentiment and fuel restocking interest from coke producers.

10 Canada's Teck to boost coking coal sales to China 2020-12-02

Canadian coking coal miner Teck Resources looks to boost its coal sales to China for the fourth quarter in response to increased demand, after the world's largest coal producer imposed an unofficial e

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