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China Huaneng Q1 profit surges 65% on yr

2019-04-22 08:44:45 Company,  Cost & Profit

China Huaneng Group, one of the top five state-owned power generators, saw its total profit jump 65% from the year-ago level in the J...

Shanxi Coking 2018 net profit growth hit 3-yr high

2019-04-18 15:45:57 Company,  Cost & Profit

Shanxi Coking Co., Ltd, a publicly traded coke manufacturing conglomerate and subsidiary of Shanxi Coking Group in northern China's S...

Chinese steelmakers expect declines in Q1 net profits

2019-04-18 09:18:49 Viewpoint,  Cost & Profit

As of April 15, eight listed steel companies have announced profit forecast for the first quarter. The total estimated net profit of ...

Yancoal Australia Q1 commercial coal sales up 19%

2019-04-17 16:45:47 Company,  Production & Sales,  Cost & Profit

Yancoal Australia, an overseas subsidiary of China's state coal giant Yanzhou Coal Mining Co., Ltd., sold 9.4 million tonnes of comme...

Pingzhuang Energy Q1 loss expected to exceed 170 mln yuan

2019-04-17 08:28:11 Company,  Cost & Profit

Inner Mongolia Pingzhuang Energy Co., Ltd forecast its loss to be 170-180 million yuan ($25.4-26.8 million) in the first quarter this...

China's centrally-owned firms Q1 profits up 13.1% YoY

2019-04-16 16:02:18 Cost & Profit

Profits at China's centrally-held state firms rose 13.1% in the first quarter this year to 426.5 billion yuan ($63.57 billion) from a...

Shanxi Coal Intl Q1 commercial coal sales down 19.46%

2019-04-15 15:30:09 Company,  Production & Sales,  Cost & Profit

Commercial coal sales of Shanxi Coal International Energy Group Co., Ltd. in coal-rich Shanxi province stood at 22.89 million tonnes ...

Anhui Hengyuan Coal-Electricity Group Q1 raw coal output down 5.48% YoY

2019-04-15 14:30:39 Company,  Cost & Profit

Anhui Hengyuan Coal-Electricity Group Co., Ltd, a listed company specializing in coal mining, washing and selling in eastern China's ...

Ansteel forecasts 70% slump in Q1 net profit

2019-04-12 16:09:25 Company,  Cost & Profit

Liaoning-based Angang Steel Co., Ltd (Ansteel) predicts a steep drop of its net profit by 78.22% from the same period a year ago to 4...

China's daily crude steel output down 3.56% in late-Mar, CISA

2019-04-10 15:38:37 Production & Sales,  Cost & Profit

Daily crude steel output of member companies of the China Iron and Steel Association (CISA) decreased by 3.56% from ten days ago to 1...

Jinneng Group Q1 profit jumps 55% YoY

2019-04-10 15:20:23 Company,  Cost & Profit

Jinneng Group Co., Ltd, a modern integrated energy group engaging in coal, electricity and other diverse industries in northern China...

Over 60% of Chinese coal-fired power cos suffer loss on high cost, CEC

2019-04-10 08:30:05 Cost & Profit,  Thermal Power

More than 60% of Chinese coal-fired power producers suffered losses, said Yu Chongde, vice director of China Electricity Council, on ...

China Pingmei Shenma Q1 profit surges 223%

2019-04-09 13:40:31 Company,  Cost & Profit

China Pingmei Shenma Group, one leading state-owned energy firm in central China's Henan province, saw its profit surge 223% from the...

China's steel producers post profit slump in Jan-Feb

2019-04-08 13:15:40 Company,  Cost & Profit xinhuanet. com

China's steel industry saw its profits nearly halved in the first two months of 2019 from a year earlier, as output growth accelerate...

Shanxi Coking Coal Q1 profit climbs 13.9% on yr

2019-04-03 16:08:55 Company,  Cost & Profit

Shanxi Coking Coal Group saw total profit climb 13.89% from a year earlier to 953 million yuan ($142.1 million) in the first quarter ...

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Editors Recommendations

1 CRC to lower Wari rail line freight rate by 20-25% 2019-04-22

China Railway Corporation, the country's rail operator, decided to lower freight rate of some sections of Wari (Watang, Shaanxi-Rizhao, Shandong) line by 20-25%, in an effort to boost rail deliveries

2 China Coal Daily Track (Apr 22) 2019-04-22

Thermal coal Production area Random checks from safety and environmental departments have been a normal at production bases, which recently curbed coal production and spurred prices higher.

3 Chinese thermal coal prices edge lower on poor demand 2019-04-22

Chinese spot thermal coal prices kept inching down last week at northern transfer ports, impacted by low buying interest from utilities and other end users. On April 19, the Fenwei CCI in

4 Shaanxi Yulin approves 22 more coal mines to resume, capacity 29.4 Mtpa 2019-04-22

The fifth batch of 22 coal mines, with capacity totaling 29.4 million tonnes per annum, have gained official nod for restart in Yulin city, one major coal mining base in northwestern China's Shaanxi p

5 China's import coal market quiet amid Indonesian holiday 2019-04-22

China's import thermal coal market was quiet as a whole late last week, as suppliers in Indonesia, which occupies a large market share in the world's biggest coal consumer, suspended offers and delive

6 Yanzhou Coal Q1 commercial coal production drops 4.53% YoY 2019-04-22

Yanzhou Coal Mining Co., Ltd, the listed arm of Yankuang Group, produced 23.19 million tonnes of commercial coal in the first quarter this year, falling 4.53% from the year prior, said the company in

7 Weekly global coal market news summary (Apr 15 – Apr 19) 2019-04-19

Attractive prices bolster Australian coal buying in China Chines buyers increased purchases of Australian thermal coal due to its "super cheap" prices as compared to Chinese domestic coal, e

8 China Mar power consumption up 7.5% on yr, NEA 2019-04-19

China consumed 573.2 TWh of electricity in March, increasing 7.5% from the preceding year, showed data from the National Energy Administration on April 19. For the residential segment, po

9 China Coal Daily Track (Apr 19) 2019-04-19

Thermal coal Production area Prices kept rising in Yulin city of Shaanxi as most small mines' production was restricted and buying appetite was robust; some mines in severe supply shortage furth

10 China spot coal outlook clouded after days of declines 2019-04-19

Chinese spot thermal coal market outlook was clouded after three straight days of retreats, and transactions remained muted. Concerns were growing over a depressed market even in May in t

Most Read News Stories

1 Mongolia coal exports surge 15 pct in Q1 after China Australia ban 2019-04-15

Mongolia's coal exports rose 15% on the year to 7.8 million tonnes in the first quarter, according to official data published on April 15, with the country benefiting from customs delays impeding impo

2 S. Korea Mar thermal coal imports hit at least 7-yr low 2019-04-15

South Korea's thermal coal imports (including bituminous and sub-bituminous coal) slumped to at least a seven-year low, at 6.05 million tonnes in March, plunging 32.09% from a year ago and 26.68% from

3 Weekly China coal market news summary (Apr 15 – Apr 19) 2019-04-19

China lowers rail coal freight rates for some routes to boost shipments China Railway Corporation, the rail regulator in China, has informed some local bureaus to reduce freight rates for coal a

4 Weekly global coal market news summary (Apr 15 – Apr 19) 2019-04-19

Attractive prices bolster Australian coal buying in China Chines buyers increased purchases of Australian thermal coal due to its "super cheap" prices as compared to Chinese domestic coal, e

5 China Mar raw coal output up 2.7% YoY, NBS 2019-04-17

China's raw coal output rose 2.7% year on year to 298.35 million tonnes in March, showed data from the National Bureau of Statistics (NBS) on April 17. Daily raw coal output in March stoo

6 China's Mar power generation up 5.4% on yr 2019-04-17

China generated 569.8 TWh of electricity in March, up 5.4% from a year earlier, showed data from the National Bureau of Statistics (NBS) on April 17. The growth rate was 2.5 percen

7 BHP cuts iron ore production outlook after Australian cyclone 2019-04-17

BHP Group, the world's biggest miner, joined rival Rio Tinto on April 17 in cutting its forecast for iron ore output after a tropical cyclone, although analysts expect high prices to limit any impact

8 China Coal Mar commercial coal production & sales surge YoY 2019-04-16

China Coal Energy Co., Ltd., listed arm of China National Coal Group, announced late April 15 that both production and sales of commercial coal shot up in March. The company's coal produc

9 China's Mar crude steel output up 10% YoY 2019-04-17

China's crude steel production rose 10% on the year to 80.33 million tonnes in March, showed data from the National Bureau of Statistics (NBS) on April 17. Daily crude steel production av

10 South Korea steps up shift to cleaner energy, sets long-term renewable power targets 2019-04-19

South Korea plans to boost the share of its energy output generated from renewable sources to as much as 35% by 2040, a draft revision to government policy showed on April 19, over four times the curr

Most Read Analysis & Comments

1 China's coking coal prices to remain high in 2019, Fenwei 2019-04-12

Prices of coking coal, especially premium hard coking coal, are likely to remain at high levels in China this year, predicted Sarah Liu, vice president of Fenwei Energy Information Services, at the 9t

2 Australian thermal coal firms up; Indonesian coal stable 2019-04-12

Australian premium thermal coal has regained popularity in Chinese seaborne import market since it hit a two-year-plus low on March 25, despite that buying demand was mainly from traders for speculati

3 China's spot thermal coal outlook dims on weak demand 2019-04-15

Participants were broadly pessimistic for China's spot thermal coal prices in the coming weeks. Some believed there lacks a firm strength for further pickups while some others anticipated a fallback.

4 Australian thermal coal ticks up on increased buying from Chinese traders 2019-04-11

Chinese traders' buying sentiment heated up for Australian thermal coal, as they eye a supply gap of premium quality coal – mainly grades with high calorific value and low sulfur content – in domestic

5 Demand for premium coke expected to rise in China, CISA official 2019-04-11

Chinese steel makers will have increasing appetite for premium quality coke in the future, as the country further tightens environmental measures to improve air quality, said an official with the Chin

6 China Coal Daily Track (Apr 11) 2019-04-11

Thermal coal Production area Seven state-owned coal mines lowered prices by 10-20 yuan/t in Shaanxi's Yulin to boost sales, but at least three other mines adjusted up prices by 5-10 yuan/t due

7 Australian coal clearance delays may drag on amid China's stricter policy, sources 2019-04-10

It was presumed that Australian coal would take the hardest hit in the rest months of this year after some reliable sources revealed China looks to cap 2019 total coal imports at the 2018-level in an

8 Low supply pushes China spot thermal coal prices higher 2019-04-08

Chinese thermal coal prices kept going up at Bohai-rim transfer ports late last week as there were not many low-sulfur cargoes available in the market, traders told, no matter supplies from

9 China Coke Market Analysis and Forecast (Apr 2019) 2019-04-10

China's met. coke market witnessed two price declines totaling 200 yuan/t in March, as strict environmental policies and measures restricted steel production and thus coke consumption. Traders were

10 China thermal coal offer prices in wider range; demand remains weak 2019-04-12

Chinese spot thermal coal market witnessed a wider range of offer prices at northern ports, with a 15-20 yuan/t spread between cargoes with low and high sulfur contents. However, end buyers still show

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