Weekly China coal market news summary (Mar 29-Apr 2)

sxcoal.com General 2021-04-02 14:33:32

China's 2nd largest coal producer doubles capacity after resources integration

China National Coal Group (China Coal), the country's second largest coal producer, nearly doubled its coal capacity after incorporat...


China domestic thermal coal prices to keep upward on supply tightness

While sentiment waned moderately after the National Energy Administration (NEA) assured coal supply will be sufficient, the latest sl...


Will China's ban on Australian coal backfire on its own supply security?

A 40% slump in China's coal imports over January-February sparks concerns that its unofficial ban on coal imports from Australia migh...


CHN Energy has five of top 10 coal mines in China

China Energy Investment Group (CHN Energy) owns five of the country's 10 largest coal mines by output in 2020, according to the initi...


China's coal mining & washing profits jump 204.4% in Jan-Feb

China's coal mining and washing industry bagged a total profit of 57.47 billion yuan ($8.84 billion) in January-February, surging 204...


China's 90 large coal miners Jan-Feb output up 19.4% on yr

Raw coal output from China's 90 large miners surged 74.80 million tonnes or 19.4% from a year ago to 460 million tonnes during Januar...


Review: China Q1 domestic thermal coal market in turbulence

China's domestic thermal coal prices have been dramatically volatile since the beginning of 2021, moving in a trend that differed gre...


China closes Ceke border crossing amid virus concern; Mongolian coal prices likely to rise

China temporarily closed Ceke border crossing in northern Inner Mongolia on March 30 after a Mongolian driver was diagnosed as a susp...


Yanzhou Coal 2020 net profit down 28.2% on yr

Yanzhou Coal Mining Co., Ltd, the listed arm of Yankuang Group, said its net profit attributable to shareholders fell 28.2% year on y...


China Shenhua net profit slides 9.4% in 2020

China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp (CHN Energy), reported a third consecutive year of decli...


Yulin Jan-Feb raw coal production surge 43.3% YoY

Shaanxi's Yulin, a major coal production hub in China, extracted 83.81 million tonnes of raw coal over January-February, jumping 43.3...


Shaanxi Heimao proposes to build 1.08 Mtpa new coke capacity

Shaanxi Heimao Coking Co., Ltd proposed to pour 1.27 billion yuan ($193 million) to build new coke project with planned capacity of 1...


China's manufacturing PMI rebounds in Mar

Activities in China's manufacturing sector gained strength in March, with a fast recovery of production and trades after a week-long ...


China's renewable energy capacity to exceed 50% by end-2025, NEA

China's renewable energy will be on a large-scale development during the 14th Five-Year Plan period (2021-2025), with installed renew...


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

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