Advanced Search Category : Flash News Analysis Daily Comments Weekly Comments Monthly Comments
Topics : Thermal Coal Coking Coal Anthracite PCI Coal Policy Viewpoint Company Import & Export Production & Sales Price futures Cost & Profit Thermal Power Safety International
Articles: Registered Member Paid Member
US$ 1200 /Year Purchase Now Add to Cart US$ 5 /Article (Click the article to buy)
As of 11:30 a.m. (GMT+8) Jul 1, Chinese coking coal futures dropped 5.04%, coke decreased 2.48%, thermal coal dipped 1.04%, while iron ore down 4.8%.
Most countries in the world have achieved positive growth in energy consumption in 2021, with China, the U.S., India, Russia, Japan, Canada, Germany, South Korea, Brazil and Iran the top ten consumers. China's figure grew 7.1% YoY to 157.65 EJ, taking 26.5% of the world's total, according to the latest BP report.
China mainland has transmitted 304.3 TWh of electricity to Hong Kong through China Southern Power Grid as of Jun 28, accounting for 1/4 of Hong Kong's total power usage, according to data from the company.
The tussle on profit distribution in coal, coke and steel industries could intensify in the short run, given current low coking coal stocks and weak profits at coke and steel makers, according to CICC. Despite lower-than-expected steel output cuts and current strong support for coking coal, the company expects a reversal to current strong coking coal and weak thermal coal markets in H2.
The key problem of current weak Chinese steel market lies in the demand side, but the solutions will be on the supply side, said He Wenbo, official with China Iron and Steel Association in a video meeting on Jun 29.
China's national observatory issued a Strong Wind Signal, No. 3 for tropical storm Chaba, with strong wind gusts expected to lash southern China over Jul 1-2.
Three miners were killed and two were injured in a roof collapse accident in Zhaojin coal mine in Tongchuan city, Shaanxi, at 11:30 a.m. Jun 30. The incident cause is still under investigation, and the mine has an approved production capacity at 1.8 Mtpa.
Poland's coal production totaled 9.14 Mt in May, up by 2% YoY and 1.7% MoM, showed data from the Central Statistical Office of Poland.
Liaoning in NE China is forecast to face a max power load of 37.5 GW in summer peak demand season of Jul-Aug, rising 2.5% YoY. Its max power supply capacity of reliable sources could reach 38.63 GW but the backup power supply capacity is less than 2 GW for emergencies.
Indian power utilities imported 5.25 Mt of thermal coal in May, surging 42.58% YoY and 19.36% MoM, the new high since Mar 2020, showed the latest data from the Central Electricity Authority (CEA).
As of 11:30 a.m. (GMT+8) Jun 30, Chinese coking coal futures dropped 3.67%, coke decreased 3.67%, thermal coal dipped 1.24%, while iron ore down 1.17%.
The Polish government is planning to temporarily lift its ban on the worst-quality coal in the market for 60 days in response to the soaring prices of the fuel and the supply shortfall after it banned Russian coal imports amid the Russia-Ukraine conflicts.
Daily coal output of Henan province stood at 262,300 t in Jun, and its power coal stocks still in a safe and reasonable range, with the highest at 9.15 Mt in early Jun and stocks at 8.42 Mt on Jun 21, up 3.62 Mt YoY.
India's top one cement enterprise, Ultra Tech Cement, imported a cargo of Russian coal of 157,000 t from SUEK and paid in Chinese yuan, a scarce payment method that traders say might become more common in a special situation, according to an official customs document.
China's Vice Premier Han Zheng in a visit to Taiyuan of Shanxi on Jun 28 instructed to continue ensuring coal supply and stabilizing coal prices and meanwhile vigorously push ahead with clean and efficient utilization of coal to realize green and low-carbon development, state media reported on Jun 29.
Chinese buyers' inquiries for Indonesian thermal coal have remained sluggish over the past few weeks, and the situation extended into the new month, even though a state-owned power group invited a ten
China's thermal coal prices continued moving up slightly on July 1 but the trend may reverse soon as harsher measures were reportedly issued to boost production, according to market sources.
China's loss-making metallurgical coke producers may resort to deeper coke production curbs to ease their operating pressure as some mills requested to cut coke prices by 200 yuan/t, while coke firms
Summer Peak | Chinese power providers appeal for lower coal costs to ensure supply Chinese coal-based utilities called on the government to help ease their operation pressure as high coal pric
India's top cement maker buys Russian coal with RMB, signaling a settlement shift Ultra Tech Cement, India's top one cement enterprise, imported a cargo of Russian coal from SUEK with Chinese
Thermal coal Production area Thermal coal prices were steady at main production provinces. Supply tightened as some mines halted production for lack of coal sales quotas, and most mines under s
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
Russian coal producers are switching their customer focus to the Asian market, which seems gathering pace with the approaching of the EU's claimed ban on Russian coal from mid-August but is also gaini
China's domestic thermal coal prices was strong in the beginning of June but fell back later as demand changed. June marks the beginning of the summer. High temperatures brought up coal c
China's coke prices had climbed by two rounds totaling 300 yuan/t in the first half, but then steel mills requested to cut coke prices by 300 yuan/t, which put coke prices back to the month-start leve
Mongolia exported 583,200 tonnes of coal during June 17-23, surging 300.2% compared with the preceding year, the Ministry of Mining and Heavy Industry said on June 27. During the given pe
Ultra Tech Cement, India's top one cement enterprise, imported a cargo of Russian coal from SUEK with Chinese yuan, which is expected to signal a shift of Chinese yuan to be a more common settlement m
China's coal-rich Shanxi province established its coal production target for this year at 1.3 billion tonnes, a rise of 107 million tonnes from de facto output of 1.19 billion in 2021, according to a
A decline in power demand following rains in many parts of India has allowed power plants to build up coal stocks, but concerns swelled for skewed domestic supply in the monsoon season. C
Two major coal industry associations in China called on coal miners to increase production and make emergency supply guarantee plans to ensure stable and sufficient coal supply during the peak demand
The Polish government is planning to temporarily lift its ban on the worst-quality coal in the market in response to the soaring prices of the fuel and the supply shortfall after it banned Russian coa
Jun 26 France The French government could restart a coal-fired power plant in the Lorraine region in north eastern France this winter, France's energy ministry said in a written statement on Jun
India plans to increase coal production by 17% from the previous fiscal year to 911 million tonnes in the fiscal year 2022-2023 (Apr 2022-Mar 2023) to meet growing electricity demand, according to the
China's top economic planner said it will take more efforts to ensure the supply of bulk commodities and daily-need commodities and keep the overall prices stable, despite a relatively large imported
The Purchasing Managers' Index (PMI) in the steel sector, an economic indicator for the industry, was logged at 36.2 in June, falling 4.6 compared with the preceding month and hitting the lowest since
Australia's Queensland government has announced to raise its royalties on coal from July 1 following a 10-year freeze, with the top tier increasing to A$300/t for 40% royalties charge from the current
The news that Germany approached Indonesia for thermal coal procurement in place of Russian imports has been reported with the fanfare, but does Indonesia have the ability to cover the "surprising" de
China's thermal coal imports in May hit the lowest level of the same month since at least 2012. Coal imports from Indonesia slumped on a monthly basis, while Russian coal delivery surged.
For a long time, China's thermal coal prices have been flying high while coal-fired electricity prices have been largely unchanged. Utilities, holding the responsibility to power millions of homes and
China's thermal coal prices are falling at a time when the heatwave drives up coal consumption to power more air conditioners at homes and businesses. Why does the downward correction take place?
Indonesian thermal coal prices are under downside pressure as the market was muted with a lack of bids and offers after the Chinese domestic market started falling from the beginning of this week.
China imported 20.55 million tonnes of coal and lignite in May, retreating by 12.74% from the preceding month and down 2.34% from a year ago. From January to May, a total of 95.91 million tonnes of co
Indonesian thermal coal prices were basically unchanged on June 28 as demand from China remained lackluster. On June 28, July-loading Panamax 3,800 Kcal/kg NAR cargoes were mainly offered
China's coking coal imports climbed for the third straight month in May. Shipments from Mongolia and Russia accounted for near 80% of the total imports during the first month that the zero-tariff poli
China's top one coal heartland Shanxi province aims to raise 107-million-tonnes coal production from 2021, to 1.3 billion tonnes in the year of 2022, according to the latest supply lifting work plan i