Editors Recommendations
China's coking coal imports registered a mild increase of 1.8% compared with a year ago in July, according to the latest official data.
The country imported 7.75 million tonnes of coking
China shipped a total 60,000 tonnes of coking coal to foreign countries in July, rising 15% from a year earlier, showed the latest data from the General Administration of Customs (GAC) on August 23.
China's imports of thermal coal (bituminous and sub-bituminous coal) increased 20.07% year on year in July and up 26.33% from the previous month, showed data from the General Administration of Customs
Profitability of Chinese coal mines significantly weakened from the preceding month in July, showed monitoring data from industry portal sxcoal.com on major thermal and coking coal mining areas in nor
Solar
capacity
China's photovoltaic (PV) power installed
capacity totaled 185.59 GW as of end-June, up 20% from a year earlier, showed
data from the National Energy Administration.
&
Thermal coal
Production area Most mines were facing mounting inventory pressure due to slowed sales in Shaanxi. Some large miners offered pretty low prices to utilities that issued tenders, and
Several Chinese utilities finalized tenders for import thermal coal at rather low prices, hitting seaborne market sentiment that just showed signs of improvement.
One Fujian-based utility
Spot thermal coal trades were subsiding at northern Chinese ports, putting suppliers under mounting sales pressure as power plants generally stayed away from the spot market.
The heated-u
Yancoal Australia reported the underlying net profit after tax (NPAT) rose 56% from the prior corresponding period to around A$564 million for the half-year ended June 30, 2019, according to its semi-
Ningxia Baofeng Energy Group, the largest coal-to-olefins (CTO) private company in China, achieved net profit of 1.89 billion yuan in the first half of 2019, marking a 38.14% increase compared with pr
Most Read Articles
Chinese traders generally suspended selling activity of spot thermal coal at northern transfer ports late last week, in a hope to see further price rise in the spot market to raise their profits.
China's coking coal lacked momentum to further move up for the time being. The majority of miners in main production areas held price stable; while a few miners made price cuts as correction to previo
One major state-owned Chinese utility issued a fresh tender for Indonesian thermal coal with low calorific values at the first day of the week, according to traders familiar with the matter.
Buying activity of spot thermal coal gathered pace in northern Chinese ports, bolstering further price rebound of the fossil fuel following fortnight drops.
Fenwei assessed 5,500 Kcal/kg
Concerns were growing that a possible price pullback is looming in China's spot thermal coal market, as persistent lukewarm demand continued deterring trade settlements and dampening confidence.
China is reportedly further tightening grips on imports of coal into the country through more strict procedures for customs declaration, trade sources said.
Market talks said import
China's seaborne import thermal coal market remained weak late last week even after one state-owned utility went on a shopping spree.
Guodian bought about 1 million tonnes of thermal coal
Coking coal market was steady at China's main production areas during the past week, despite supports from a stronger coke market after the second coke price increase. Uncertainties emerged as some co
Prices of Indonesian thermal coal with low calorific values (CV) showed signs of picking up in Chinese seaborne import market, as traders began to seek cargoes to fulfill tenders they had won from uti
Thermal coal
Production area Some mines in Shaanxi saw full stocks lately amid dull sales given off-peak production measures at cement and chemical plants. Prices fell down in Yuyang and Shenmu
中文
