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)
Coal deliveries to Newcastle in Australia were disrupted on Jul 4 as continued heavy rainfalls for several weeks have affected main coal production areas in New South Wales such as Hunter Valley, said ARTC, the operator of local railway network.
China State Railway Group shipped a total of 1.04 Bt of coal during the first 6 months of 2022, up 7.9% YoY, and power coal shipment rose 9.1% YoY to 690 Mt. As of the end of Jun, coal stocks at 363 power utilities that directly received coal from the group came in at 64.64 Mt, enough for 25.4 days' usage.
As of 11:30 a.m. (GMT+8) Jul 4, Chinese coking coal futures dropped 4.29%, coke decreased 3.63%, thermal coal rose 3.58%, while iron ore down 5.5%.
China's total term contract coal volume has exceeded over 75% of total coal demand currently, and such a high share of contract coal will help stabilize coal supply and guide coal prices back to the reasonable range, said Zhang Hong, spokesman with China National Coal Association.
Coal inventory reached a 16-mth new high of 5.8 Mt at China's Qinhuangdao port on Jul 1, stepping closer to the 6Mt mark. It increased 420,000 t from a week ago and up 1.12 Mt YoY.
China's coal base Inner Mongolia churned out 489 Mt of raw coal in Jan-May, rising 15.2% YoY. Outputs from Ordos, Xilingol and Hulun Buir rose 19.5%, 16.8% and 11.4% to 327.62 Mt, 56.32 Mt and 43.27 Mt, local statistical data showed.
China's±800KV Baihetan-Jiangsu DC UHV power transmission project completed construction on Jul 1, a major part of China's "West-to-East" power transmission project which can transmit over 30 TWh of clean energy annually, according to State Grid Corporation.
Xinjiang branch of CHN Energy saw self-produced coal output jump 35.3% YoY to 36.64 Mt as of Jun 28, and the year-to data sales of commercial coal jumped 35.2% YoY to 37.39 Mt, realizing half of coal output and sales targets.
Inventory of five major steel products in China's 21 cities declined 2.6% from ten days ago to 12.52 Mt on Jun 30, according to data from China Iron and Steel Association (CISA).
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.
Spot thermal coal prices turned slightly higher at the beginning of this week at northern China ports, extending the upswing last week, but insiders remained cautious of high stockpiles at ports and w
China's domestic thermal coal prices got some support from emerging demand last week, with offer prices picking up from the previous week, but downward pressure remained as the government required mor
A looming risk for even lower coke prices is likely to put Chinese coking coal market under downside pressure again, following recent signs of slowly improving offtakes and even price rebound in some
Coal deliveries to Newcastle port in Australia were disrupted on July 4 due to the continued heavy rainfalls for several weeks, especially over the weekend, said Australian Rail Track Corporation (ART
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
Coal stockpiles at Qinhuangdao portsurged to the highest since March 2021 last week due to a wider gap between outbound and inbound shipments. As of July 1, coal stockpiles at Qinhu
China's metallurgical market saw a fiercer price tussle between coke producers and steelmakers last week. Some Shanxi-based steel firms requested to cut coke prices by 200 yuan/t while major coke firm
Thermal coal Production area Mine-mouth coal prices edged up given private miners' smooth sales, as traders started active purchase alongside rising prices at the portside market. The tight supp
A rebound of thermal coal prices is taking form at China's main production areas since coal sales improved after price cuts, and encouraged by coal rises of several high-CV coal grades, sellers' bulli
China coking coal, met coke and steel market key figures in focus.
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
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
Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close.
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 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 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 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'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 reportedly rising coal purchases from Russia drove worries among Indonesian miners as their counterparts offered generous offers to their largest coal buyers. In June, China's coa
Shanxi Fensheng Information Services Co., Ltd.
Phone：+86-351-7219322 （Business Hours 08:30-18:00 GMT+8）
Fax：+86-351-4728543 Email：inquiry@fwenergy.com
中文
