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Chinese central SOEs' profit growth accelerates in Jan-May

2018-06-21 14:25:00 Company,  Cost & Profit sxcoal.com

Profit growth of China's central state-owned enterprises (SOEs) picked up pace over January-May period this year, thanks to the deepe...

Chinese coal producers may embrace bumper profit in H1

2018-06-13 08:23:00 Cost & Profit sxcoal.com

Chinese coal producers are expected to embrace bumper profit in the first half of 2018, benefiting mainly from firm price rallies ami...

Eight listed Chinese steel enterprises predict favorable H1 earnings

2018-06-12 15:10:00 General,  Viewpoint,  Company,  Cost & Profit sxcoal.com

Eight listed Chinese steel enterprises predicted favorable earnings in the first half of the year in earnings forecasts by June 11,...

China's May coke exports up 28.9pct YoY, GAC

2018-06-08 14:15:00 Import & Export,  Cost & Profit,  Others sxcoal.com

China exported 838,000 tonnes of coke and semi-coke in May, increasing 28.9% from the year prior and 3.1% from April, showed data f...

Report on Chinese steel mill production cost in Jun 2018

2018-06-07 16:58:00 Cost & Profit sxcoal.com

Driven by steady macro economy and robust demand from end users, China's steel mills saw their production costs edge down and margin...

Chinese coking coal miners anxious to take slice of profit from coke market boom

2018-06-05 15:11:00 Viewpoint,  Cost & Profit,  Coking Coal sxcoal.com

Chinese coking coal miners and washers seem anxious to share part of the profit in the domestic coke market, which has soared a tot...

Datong Coal to produce 25 mln T coal in 2018

2018-05-30 10:40:00 Viewpoint,  Company,  Production & Sales,  Cost & Profit sxcoal.com

Shanxi-based Datong Coal Industry Co., Ltd, one listed arm of Datong Coal Mine Group, planned to produce 25 million tonnes of coal ...

China coal industry profit up 15.5pct in Jan-Apr

2018-05-29 10:50:00 Cost & Profit sxcoal.com

China's coal mining and washing industry saw total profit jump 15.5% on the year to 101.9 billion yuan ($15.9 billion) in the first...

China's SOE profits grow at faster pace over Jan-Apr

2018-05-25 09:57:00 Company,  Cost & Profit xinhuanet.com

Profit growth in China's state-owned enterprises (SOEs) accelerated in the first four months, data showed on May 24. Com...

Chinese coal mines' cost curve and profitability analysis in Apr

2018-05-24 08:20:00 Cost & Profit,  Thermal Coal,  Coking Coal sxcoal.com

Profitability of Chinese coal mines continued edging down in April, showed monitoring data from industry portal sxcoal.com on the s...

Mongolia Jan-Apr coal exports down 10.72% YoY

2018-05-23 08:56:00 Production & Sales,  Cost & Profit sxcoal.com

Coal-rich Mongolia exported 10.33 million tonnes of coal over January-April, down 10.72% from a year ago, showed data from the Mine...

China's 7 steel makers forecast favorable earnings in H1

2018-05-23 08:29:00 Company,  Cost & Profit sxcoal.com

Seven out of eight Chinese steel makers that have released forecast reports were expected to gain favorable earnings in the first hal...

Adani Enterprises Q4 profit declines 17% to Rs 181 crore

2018-05-11 16:39:00 Company,  Cost & Profit,  International ptinews.com

Adani Enterprises, part of the Adani Group, reported on May 11 a 17% decline in consolidated profit to Rs 181.17 crore ($26.92 milli...

Shandong Energy Jan-Apr profit at 5.2 bln yuan

2018-05-11 08:34:00 Cost & Profit sxcoal.com

Shandong Energy Group – the biggest provincially-owned firm in Shandong – reaped 5.2 billion yuan of profit over January-April, ranki...

Indonesia Mar coal exports up 8.44% YoY

2018-05-10 09:15:00 Price,  Import & Export,  Cost & Profit sxcoal.com

Coal-rich Indonesia exported 38.03 million tonnes of coal in March, up 8.44% from the preceding year and 16.77% from February, show...

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Editors Recommendations

1 Weekly global coal market news summary (Jun 19 – Jun 22) 2018-06-22

US coal may withdraw from Chinese market after tariff increase American coal is likely to quit out of Chinese market after Chinese government stated to add 25% tariff on US imports as a tit-

2 China Coal Daily Track (Jun 22) 2018-06-22

Domestic market Coal miners in Yulin city, Shaanxi province reported overall good sales recently. Prices edged up further at some mines in the region because of tightened supply. In Ordos, In

3 China's coke supply still in shortage amid environmental crackdown 2018-06-22

China's coke supply is still in shortage, as authorities gave priority to environmental protection and recently came up with a three-year action plan to curb polluting industrial production and improv

4 Tepid purchase weighs on Chinese thermal coal prices; Jul market expectations vary 2018-06-22

Chinese domestic thermal coal prices continued to trend down at northern ports, due mainly to weak transactions as utilities and other end users were cautious of buying. A Zhejiang-based

5 China import coal offers stable despite end of Indonesian holiday 2018-06-22

Offer prices of import thermal coal to be shipped to China stayed stable temporarily, though Indonesian miners have resumed production since June 21 from Eid al-Fitr holiday and supply is expected to

6 China's new 3-yr blue sky plan targets clear sky for 80% of time 2018-06-22

The proportion of days with good air quality in key Chinese regions should reach 80% by 2020, according to a new 3-year blue sky plan. The percentage of days with heavy pollution by

7 Mongolia parliament considers IPO for giant coal mine 2018-06-22

The Mongolian government on June 21 submitted plans to parliament to list a chunk of the state-owned company that holds the giant Tavan Tolgoi coal mine. The potential initial public offe

8 An overview of China's raw coal output in May 2018-06-22

China produced 296.99 million tonnes of raw coal in May, rising 3.5% from the preceding year and 1.26% from April, showed data from the National Bureau of Statistics (NBS) on June 14. Tot

9 Coal stocks break 14 Mt at China's six major coastal power groups 2018-06-22

Combined coal stocks have broken the 14 million-tonne mark at six major power groups at China's coastal provinces, after rising continuously in the past week, data showed. Coal inventorie

10 China Coal Daily Track (Jun 21) 2018-06-21

Thermal coal Domestic market Coal mines in Yulin, Shaanxi province expected another increase in the short run as purchase was active recently from buyers in Hebei, Shandong and Shanxi. Imp

Most Read News Stories

1 China to launch broader environmental inspections this month 2018-06-11

China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next year, the Ministry of Ecology and Environment (MEE) said in a statement on

2 China's raw coal output rises to a new high in May 2018-06-14

China's raw coal production registered a new high in May since this year, according to official data, as miners churned out the material driven mainly by tempting profit and rallying prices.

3 China's steel mills utilisation rate falls for 3rd week on environmental checks 2018-06-12

Utilisation rate at steel blast furnaces across China fell for a third consecutive week last week as of June 8, data showed, as environmental inspections continued to weigh on operation at steel mills

4 China proceeds development of coal-to-oil conversion 2018-06-15

China is developing new energy sources by converting coal into diesel. The world's first coal to diesel conversion production line, in China's Inner Mongolia autonomous region, produced 8

5 Weekly China coal market news summary (Jun 11 – Jun 15) 2018-06-15

China to launch broader environmental inspections this month China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next yea

6 CHN Energy reduces contract coal prices within 600 yuan/t, sources 2018-06-11

China Energy Investment Group, also known as CHN Energy, announced to control its monthly contract prices of thermal coal, media reported late June 8, in a way to cool down the overheated coal market.

7 China plans to create a $78 bln natural gas giant 2018-06-15

Together with its massive push to have more and more residential and industrial customers switch from coal to gas, China is aiming to overhaul the ownership of its huge gas pipeline network.

8 China's 20 large steel makers launch maintenance to improve environment 2018-06-14

A total 20 Chinese large steel makers have launched maintenances since June 11, said the Ministry of Ecology and Environment days earlier, in a move to strengthen environmental inspections at key poll

9 China cuts subsidies for some renewable power projects 2018-06-15

Some Chinese biomass and waste-to-energy plants will no longer be eligible for renewable energy subsidies, the country's finance ministry said on June 15, as it bids to resolve a huge payment backlog.

10 Asian coal, gas markets roar into top gear 2018-06-15

Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as season

Most Read Analysis & Comments

1 China spot thermal coal market jumps on Shenhua's monthly contract price hike 2018-06-04

China's spot thermal coal market saw a sharp increase late last week, spurred by the hike of monthly contract prices by the country's leading coal miner China Shenhua Energy Co., Ltd. for June, source

2 China's major coal miners vow to ensure supply and stabilize prices 2018-06-12

While CHN Energy announced late last week to lower their June contract coal price within the "yellow range" below 600 yuan/t, more major miners have promised to lower prices to ensure adequate supply

3 China's red-hot coal market spurs freight rates to rebound 2018-06-05

China's seaborne shipping rates bounced back recently, spurred mainly by a heat-up of China's thermal coal market amid recovered market confidence following short decline. As of June 1, C

4 China's coal market runs well amid upbeat outlook 2018-06-06

China's thermal coal market saw brisk trades amid a bullish prospect as the peak demand summer season is approaching. Thermal coal production was impacted in some production

5 Nine Chinese regions may still face temporary power supply shortage 2018-06-07

Nine regions in China may be confronted with supply shortage of electricity in some periods of 2019 and 2020, according to a report released by the National Energy Administration.

6 Major Chinese miners work to stabilize thermal coal prices 2018-06-11

Some leading miners in China made price adjustments in response to government's call for stabilizing thermal coal price and supply, sources said. China Energy Investment Cor

7 Shanxi thermal coal price surges above 700 yuan/t FOB 2018-06-05

Offer prices for Shanxi 5,500 Kcal/kg NAR thermal coal have skyrocketed above 700-yuan/t mark FOB at China's northern ports, 10-15 yuan/t higher than the end of last week, reaching a new high that is

8 Policy intervention concerns increase as China spot thermal coal prices further spike 2018-06-07

Concerns over possible policy interventions have increased in China's domestic spot thermal coal market as offer prices kept rising at northern ports. Currently, the mainstream offer pric

9 China coal prices seek for a balance amid multiple factors 2018-06-08

China's coal prices are seeking for kind of balance amid complexed market environments including government intervention. China's top economic planner NDRC in April urged miners

10 Weekly China thermal coal market analysis and forecast 2018-06-05

Spot thermal coal market bounced back at northern China ports in the past week, following short retreat under the central government's price intervention. Traders' sentiment improved significantly ove