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Weekly China coal market news summary (May 29-Jun 2)

sxcoal.com 2023-06-02 15:44:31

Jizhong Energy optimizes mine's coal production amid falling prices

Jizhong Energy Group Co., Ltd. reported that it has increased coal production potential at Wannian mine by about 200,000 tonnes this ...

 

China's spot thermal coal prices down close to contract upper limit

China's spot domestic thermal coal prices witnessed another steep decline on June 1, approaching the upper limit of the contract pric...

 

High temperatures fail to boost thermal coal market

The recent surge in temperatures across southern China, with some areas in excess of 40 degrees Celsius, has failed to provide signif...

 

Jiangsu power grid load exceeds 100 GW, first seen in May

The power grid in eastern China's Jiangsu province achieved a milestone as its electricity demand reached a peak of 100.97 GW on May ...

 

China's steel PMI down for 3rd mth in May

The Purchasing Managers' Index (PMI) in China's steel sector, an economic indicator for the industry, fell to 35.2 in May, marking ...

 

China's manufacturing PMI falls to 48.8 in May

China's factory activity weakened further in May as a lack of demand suppressed the release of manufacturing capacity. T...

 

China's Huaneng invests $8.3 Bln in hydropower station in Tibet

Huaneng Lancang River Hydropower Inc (600025:Shanghai), a subsidiary of China's state-owned power generator Huaneng Group, announced ...

 

How long will price decline last in China's portside thermal coal market?

China's domestic thermal coal market has been in the middle of a fast downward trend, with prices falling by more than 120 yuan/t dur...

 

China's commences 1st equal-capacity coal power replacement project

The No.6 unit of Shidongkou power plant of China Huaneng Group has been put into operation after successfully passing 168 hours of ...

 

China's Ganqimaodu's Mongolian coal imports exceed 12 Mt

Ganqimaodu border port, the largest artery in China for importing coal from Mongolia, saw its coal intakes reach 12.09 million tonnes...

 

China's coal mining and washing industry profit down 14.6% YoY in Jan-Apr

China's coal mining and washing industry earned a total profit of 295.42 billion yuan (around $41.8 billion) in the first four months...

(Writing by Rebecca Liu  Editing by Emma Yang)
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