Oct thermal coal imports decline 6.28% on yr
China imported 6.86 million tonnes of
thermal coal (including bituminous and sub-bituminous coal but lignite) in
October, down 6.28% from th
China's imports of liquefied natural gas (LNG) in October nearly doubled from the same month a year ago to the second highest on record, according to customs data, as companies boosted imports of the
Market sentiment has shifted from downbeat to upbeat in China's coastal thermal coal market, as demand continues to pick up while spot supply further tightens.
Some cement plants in south
Many Chinese coal-fired power plants are suffering from large losses now, even though domestic coal prices are virtually heading downward.
"We are losing money in both heating and power g
China imported 6.86 million tonnes of thermal coal (including bituminous and sub-bituminous coal but lignite) in October, down 6.28% from the preceding year and 32.88% month on month, showed the lates
Thermal coal prices rose in northern China's Inner Mongolia for the fourth consecutive month in October, data showed from the regional price monitoring center.
In October, thermal coal pr
China saw coke futures extend rally on the back of bullish outlook among producers, with those in Handan, Hebei having increased spot prices by 50 yuan/t.
The most actively traded coke fu
The most-traded thermal coal for January delivery on the Zhengzhou Commodity Exchange was at 638.2 yuan/t on November 22, nudging down 0.25% on the day.
The downturn in futures was
Northern Shanxi province's Shouzhou city produced 12.91 million tonnes of raw coal in October, up 2.27% from a year ago but down 2.33% from a month ago, according to data of the local coal industry bu
Chinese major coal enterprises will supply
80% of production to end users in form of mid- and long- contracts, said
sources from 2018's China Coal Trade Conference.
On November 2
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