• Wednesday May 18,2022
  • 15:36:19
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    As of 15:00 p.m. (GMT+8) May 18, Chinese coke futures opened the daytime session at 3,447.0 yuan/t and closed at 3,333.0 yuan/t, down 4.7%; coking coal opened at 2,704.5 yuan/t and closed at 2,586.0 yuan/t, down 4.72%. Thermal coal dipped 1.66% to 842 yuan/t, after opening at 841.4 yuan/t.

  • 13:42:43
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    Fuqing nuclear power plant under China National Nuclear Corporation generated a total of 200 TWh of electricity as of May 13, equivalent to saving 62.4 Mt of standard coakl, reducing 160 Mt of carbon dioxide emission and reducing 500,000 t of sulfur dioxide emission, playing a significant role in meeting China's carbon peaking and neutrality goal.

  • 13:36:31
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    China's logistic network kept recovering alongside the improving epidemic situation nationwide. China's freight shipment via railway dipped 0.35% MoM to 10.89 Mt on May 17, while cargo deliveries via highway increased 4.88% to 7.38 million trucks. Cargo handling at major ports dropped 12.8% to 31.96 Mt, data showed.

  • 13:31:52
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    China will continue to guarantee supply and stabilize prices of commodities, boost exploration of iron ore resource, facilitate construction of mineral production bases, reinforce imports as supplement and curb development of energy-intensive and polluting projects, said Meng Wei, spokesperson with the NDRC.

  • 13:24:32
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    As of 11:30 a.m. (GMT+8) May 18, Chinese coking coal futures dropped 3.41%, coke edged down 2.92%, thermal coal dropped 1.66%, while iron ore down 2.87%.

  • 08:51:26
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    Indonesia's trade surplus reached a record high of $7.56 billion in April with exports rising to a record high and imports growing slower than expected, official data showed on May 17.

  • Tuesday May 17,2022
  • 16:00:31
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    Mongolia produced 1.33 Mt of coal in Apr, down 53.10% YoY and falling14.65% MoM, hitting a new low in eight months, according to the National Statistical Office of Mongolia.

  • 15:39:08
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    As of 15:00 p.m. (GMT+8) May 17, Chinese coke futures opened the daytime session at 3,475.0 yuan/t and closed at 3,447.0 yuan/t, up 1.89%; coking coal opened at 2,700.5 yuan/t and closed at 2,711.5 yuan/t, up 3.22%. Thermal coal dipped 0.5% to 841.2 yuan/t, after opening at 840.8 yuan/t.

  • 14:12:55
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    Guangxi in S China generated 66 TWh of electricity in Jan-Apr, growing 1.06% YoY. Hydropower output increased 28.49% YoY to 19.98 TWh, while thermal power output decreased 13.40% YoY to 32.81 TWh, showed preliminary data from Guangxi planning agency.

  • 11:47:05
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    As of 11:30 a.m. (GMT+8) May 17, Chinese coking coal futures increased 2.46%, coke edged up 2.14%, thermal coal dropped 0.50%, while iron ore up 0.30%.

  • 09:57:35
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    China Shenhua Energy Co., Ltd. reported a 6.3% YoY rise in commercial coal production to 26.8 Mt in Apr, according to the company's monthly operation report on May 17.

  • 09:41:54
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    Vale's iron ore production declined in Q1 due to heavy rainfalls but rebounded gradually in Q2, and is expected to further rise in H2 to meet its whole-year production target of 320-335 Mt. The company has been restoring 100 Mtpa production capacity and launched many new projects to deliver its medium-term output goal of 400 Mt, Sima Sheng, executive vice president of Vale iron ore business, said in a video meeting with Luo Tiejun, vice president of China Iron and Steel Industry Association, on May 13.

  • 09:32:15
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    SW China's Yunnan province pledged to enhance the industry concentration of its top 5 steelmakers to over 65% by 2025, and propel more than 80% of steel-making capacity to complete ultra-low emission revamp, according to its development plan for the 14th Five-Year Plan period.

  • 09:29:25
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    Russian natural gas delivery to Europe through Ukraine will be 46.8 million cubic meters on May 16, falling down by 1/4 from a day earlier, CCTV reported, citing Ukraine natural gas pipeline operator as said on the day.

  • 09:27:33
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    China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp, saw its polyolefin sales rise 0.16% YoY to 61,000 t in Apr, the company said in a report on May 16.

Last Week   2022-05-13  Fenwei CCI Methodology.pdf Download

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