- Friday November 26,2021
-
Major steel manufacturers in Shandong and Hebei announced to further cut coke purchase price by 200 yuan/t, effective at 0:00 Nov 26, marking the onset of the 8th round of price reduction, but many coke producers showed strong resistance given slightly improved sales and their deep losses.
-
On Nov 26, Chinese coke futures opened the daytime session at 3,044.0 yuan/t and closed at 2,857.0 yuan/t, down 5.76%; coking coal opened at 2,197.0 yuan/t and closed at 2,010.0 yuan/t, down 7.29%. Thermal coal slumped by 10.02% to 840.8 yuan/t at close, after opening at 912.8 yuan/t.
-
As of November 20, Huanghua port owned by CHN Energy finished 831,000 t of vessels loading, surpassing its last record by 6.788 t and refreshing its daily loading record after 8 days.
-
Indonesian coal miner Bayan Resources produced
27.30 Mt of coal during Jan-Sep, completing 80% of the target for the year. The
company expects its output in 2021 to reach 36 Mt.
-
Japan imported 10.09 Mt of thermal coal (incl. other bituminous coal and other coal) in Oct, up 8.96% YoY and 1.55% MoM, with value at $1.59 Bln, up 162.4% YoY, showed data from Japan Ministry of Finance.
-
Indonesian Bayan Resources said it produced 27.3 Mt of coal over Jan-Sep, accounting 80% of whole-year target of 36 Mt.
-
Ordos, one major coal production base in northern China's Inner Mongolia autonomous region, sold 68.3 million tonnes of coal in October, rising 6% or 3.86 million tonnes from a year ago, and 16.5% or 9.68 million tonnes from September, according to local energy bureau.
-
Japan's coke imports totaled 146,100 tonnes in October, down 9,700 tonnes or 6.23% from September, but much higher than 25,600 tonnes a year ago, showed data from the Japan Ministry of Finance.
-
Japan's Oct coal imports totaled 15.9 Mt, up 8.12% YoY but down 1.87% MoM, the highest of the same period in past 6 years, with value at 2.59 Bln, jumping 133.96% YoY and up 6.22% MoM, according to the data from country's Ministry of Finance.
-
As of 11:30 a.m. (GMT+8) Nov 26, Chinese coking
coal futures fell 3.34%, coke fell 3.86%, thermal coal fell 7.75%, and iron ore
decreased 5.52%.
-
Guizhou Energy Administration will urge coal miners to fulfill the long-term contracts and secure 0.26 Mt of daily thermal coal supply, 0.05 Mt of daily coal storage and about 8 Mt of total coal inventory by end-Dec. Power plants are required to strengthen management of unplanned shutdown and guarantee average daily generation higher than 500 GWh, said the director with the administration.
-
Guizhou province is rich in both coal and hydropower resources, with coal resources of 76.61 billion tonnes, the fifth in China, and technically exploitable hydropower capacity of 23.47 GW, the sixth in the country, said the director of its energy administration bureau.
-
Hebei will steadily move coal-fired thermal power plants and self-provided power plants away from urban areas in Shijiazhuang and other key cities during the 14th Five-year Plan period, making it ecological environment supporting area in Beijing-Tianjin-Hebei region.
-
Profit of China's steel industry jumped 1.56 times to 522.7 billion yuan ($81.67 billion) in Jan-Sep, of which private steel firms harvested a profit of 206 billion yuan, in spite of the capped crude steel output under the policy control, according to the Ministry of Industry and Information Technology (MIIT).
-
Inner Mongolia strives to own more than 4 Mt of advanced iron & steel capacity with an output value of 40 billion yuan ($6.25 billion) by 2025, consisting of 1.8 Mt of quality steel plates, 1.8 Mt of premium steel pipes and 1.0 Mt of advanced railway transit materials, according to the region's High-quality Development Plan for New Materials Industry (2021-2025).
中文
