Weekly China coal market news summary (Feb 22-Feb 26)

sxcoal.com General 2021-02-26 16:04:19

Coal in China's energy mix drops to 57% in 2020, beating 13th Five-Year target

Coal consumption share in China's energy mix declined from 60.4% in 2017 to 57% in 2020, according to a conference release on Feb…


China to rein in building new coal-fired capacity for deeper green transition

China will keep a firm grip on building new coal-fired power capacity as part of a drive to deepen its green energy transition, accor...


Non-power demand edges up for Chinese thermal coal; prices continue to fall

Emerging demand for spot thermal coal, most of which came from cement producers, at China's northern major trading ports helped slow ...


Trading activity still thin in China's spot thermal coal market

Trading activities remained weak in the Chinese domestic thermal coal market as most coastal utilities were not ready to start restoc...


China hopes Australia can do more for a lift of ban on coal import

China hopes Australia can do more to boost mutual trust and cooperation, said an official with the commerce ministry. This is the lat...


N China's Qinhuangdao coal stocks rebound above 6 Mt

Coal stockpiles at the major trading port of Qinhuangdao in northern China have recovered to above 6 million tonnes for the first tim...


China domestic coking coal prices further drop; import coal edge weakens

Chinese domestic coking coal prices dropped further at wider production areas, with premium, gas and lean coal showing around 30 yuan...


Shandong phases out 26.21 Mtpa coal production capacity in 2020

China's eastern Shandong province phased out coal production capacity up to 26.21 million tonnes per annum (Mtpa) in 2020, according ...


China Shenhua Jan commercial coal output up 16.2% YoY

Commercial coal output of China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp, grew 16.2% from a year ago to...


Gansu power plants' coal stocks cover over 10 days of use

Coal supply and demand fundamentals remained in tight balance in Gansu in northwestern China. Coal stocks at local power plants stood...


A coal miner died after roof collapse in N China's Inner Mongolia

One miner was killed at coal mine in Inner Mongolia when a roof collapsed late February 26, according to the regional coal mine safet...


Taiwan power generators' coal consumption up 12.98% in Dec

Coal consumption of power generators in Taiwan rose 1.66% month on month and 12.98% year on year to 2.47 million tonnes in December 2...


Shandong will continue to cut coke capacity in 2021

Eastern China's Shandong province will continue to eliminate coke-making capacity this year, according to a governmental press confer...


Inner Mongolia produces 14 Mt coal during holiday

Inner Mongolia produced 14 million tonnes of coal during February 11-17, the official Lunar New Year holiday for 2021, China National...


Chinese fast reactor reconnected to grid during Lunar New Year holiday

Chinese Experimental Fast Reactor (CEFR) was reconnected to the grid on February 15, the fourth day entering the Lunar Year of Ox, ma...


Tangshan asks steelmakers to cut production amid air pollution

Tangshan, China's top steelmaking hub in Hebei province, issued an orange-coded alert forcing local steel mills to cut production in ...


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

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