Weekly China coal market news summary (Jan11 -Jan15)

sxcoal.com Thermal Coal 2021-01-15 17:27:52

China's coal demand strong despite virus-interrupted road logistics

China's thermal coal demand stayed quite sizzling at main production areas, although escalating COVID-19 pandemic situations have exerted increasingly large impact on coal delivery to end users…


China's coal seaborne arrivals fall 7.7% in 2020: Kpler

China's receipts of seaborne coal in 2020 shed 7.7% from a year ago as a strong rebound in the last two months failed to offset the steep decline in earlier months, Kpler's cargo-tracking data showed…


China's coal mine accidents down 28.2% YoY in 2020

There were 122 coal mine accidents reported in 2020 in China, down 28.2% compared with a year ago, according to a meeting held by the National Mine Safety Administration on January 11…


China to ensure safe and stable energy supplies, China's Premier

China's Premier Li Keqiang urges domestic coal mining groups to boost production in a bid to ensure safe and stable energy supply for the winter heating demand on a State Council executive meeting on January 8…


China's benchmark thermal coal prices near all-time high

Growing heating demand and low availability have pushed up thermal coal prices quickly at China's northern transfer ports, with a few transactions sealed above 1,000 yuan/t, a high level only behind the historic high recorded in 2008…


China boosts Russian coal imports after ban on Australian supply

China is building a stronger cooperation with neighboring Russia on coal and other fossil fuels after it informally blocked off imports from Australia due to a deteriorating political relation…


Shanxi retires 40.99 Mtpa coal capacity in 2020

Coal-rich Shanxi province phased out 40.99 million tonnes per annual of coal production capacity in 2020, bringing the total reduction to 156.85 Mtpa during the 13th Five Year Plan period, local energy bureau said on January 10…


Taiwan Dec coal imports slump 20.42% on mth

Taiwan's coal imports in December hit a new low since February, 2020, showed the preliminary statistics from Taiwan customs…


China Dec coal imports exceeds 39 Mt amid surged demand

China's coal imports in December surged tremendously from a year earlier, as Chinese end users went on a buying spree after Beijing relaxed restrictions on coal imports in a bid to ease domestic supply tightness.


China 2020 finished steel exports down 16.5% on yr

China exported 53.67 million tonnes of finished steel in the year 2020, falling 16.5% from the year prior, according to data from the General Administration of Customs (GAC) on January 14…


China 2020 steel products imports rise 64.4% YoY

China imported 20.23 million tonnes of steel products in 2020, surging 64.4% compared with the preceding year and hitting a historical high, official data showed on January 14…


Shaanxi Coal & Chemical 2020 total profit rises 10.2%

Shaanxi Coal and Chemical Industry Group reaped 17.3 billion yuan ($2.68 billion) of total profit in 2020, increasing by 10.2% compared with a year earlier, according to the group…


(Writing by Rebecca Liu  Editing by Alex Guo)
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