Comprehensive information provider
Trusted full-range vertical industry chain data
Professional team readily solves your concerns at any time
Multiple frontier information systems — the proprietary Fenwei indices, databases and more
Professional team readily solves your concerns at any time
Multiple frontier information systems — the proprietary Fenwei indices, databases and more
About Sxcoal
Since established in 1998, Sxcoal has been the most popular website for China's coal industry.Today, it is the must-have information platform for every coal professional. It provides first-hand price movement, industrial news as well as indepth analysis prepared by our in-house experts. It also hosts the most comprehensive, accurate and exclusive China coal databases which cover the vertical industry chain.
Sxcoal is founded and operated by Fenwei Digital Information Technology Co., Ltd. Company Limited.
Taiyuan, Shanxi, China
COMPANY NEWS
News
Company Profile
Advantages
Price Index
Fenwei CCI Index series have been the most watched Chinese coal price index by market participants globally since its debut in 2012. It combines Fenwei's years of accumulation with quicker catch of market information, supported by long-tested yet adaptable methodologies. The index series are compiled by our team of professionals based traded prices of over 65% of the daily transactions at main transfer centers. They are used to guide domestic and import transactions on thermal and coking coal. Many traders have already used the Fenwei CCI index for pricing and negotiation purposes. We believe the index series will continue contributing to market transparency and risk minimization.
Database
Want to find comprehensive and meaningful data to support your viewpoints in decision-making and market analysis? You have come to the right place – Fenwei Database, which has gone beyond data gathering to a complete and integrated data system after years of devoted efforts:1. Supplement, amend and expand existing datasets with data from multiple sources; 2. Systematically collect data on coal mines, cost, coal quality and others previously not integrated into the database;3. Identify and connect various datasets to an integrated network.With such efforts, we now have over 100,000 datasets stored in the Fenwei Database and it is still expanding. You will be able to use the database to generate numerous advanced applications and forecast models.
Coal Blending System
Fenwei has optimized the entire coking industry chain through innovated application of industry Big Data. Not only the raw materials structure and costs are being optimized continuously, but also the production process and products quality are being constantly optimized, so to the products marketing and target clients.
Price Early Warning System
The Fenwei Thermal Coal Alert Index (TCAI), published monthly, is a market monitoring system that combines industry base data and market sentiments. The index is calculated with our price forecast model, based on key industry data and survey of coal and related enterprises and institutes. It reflects the anticipated change of domestic seaborne coal at Bohai-rim ports in month ahead, and gives early warning to the trend of thermal coal prices across China.
Company Story
Milestones
2022
- Granted patent approvals for "All-Factor Intelligent Coal Blending System" and "Method for Sulfur Conversion Forecast in Coke by Ash and Volatile Matter" by the China National Intellectual Property Administration.
- Third recognition as a "National High-tech Enterprise".
- Fenwei Intelligent Coking Management Platform officially launched after expert review.
- Signed coal-blending contract with Inner Mongolia Guangna Coal Industry Group.
2021
- Honored as "Hebei Digital Economy Innovation and Development Demonstration Enterprise".
- The project of Intelligent Refined Coal Blending Control Technology for Different Coking Processes, jointly undertaken by Fenwei and several other units, was awarded first prize for Shanxi Science and Technology Progress.
2020
- Published the Fenwei Strategic Research Series 11 - New Energy and the Fourth Industrial Revolution, which was awarded second prize for 2020 Outstanding Publication.
- Granted patent approval for "Forecast Model for Coking Chemical Products Yield".
- Changed Fenwei's registration to Zhangjiakou, Hebei province.
2019
- Fenwei-supported bidding platform "Jinneng Coal Online" came online.
- Obtained intellectual property management system certificate.
- The project of Development and Engineering Demonstration of Refined Intelligent Coal Blending System passed review of the Science and Technology Department of Shanxi province.
- Completed research and development of the All-Factor Intelligent Coal Blending System (Professional Edition).
- Second recognition as a "National High-tech Enterprise".
2018
- Launched the third generation of 42-day coal and coke price forecast model.
- Upgraded the All-Factor Intelligent Coal Blending System to Version 4.0.
2017
- Fenwei CCI index gained further popularity, serving as settlement basis for more coal enterprises.
- Fenwei's coal blending system was recognized and greatly supported by the Shanxi Economy and Information Commission, which summoned its local branches and coking enterprises across Shanxi to attend a promotion seminar dedicated to the system.
- The NDRC provided guidance on the CCI index, and established strategic cooperation with Fenwei.
2016
- Completed upgrading of Sxcoal, providing customized and self-purchase services big data-based automatic optimization and delivery.
- Officially launched the online service system for automatic coal blending and hot strength forecast.
- Invention patent – compact type briquette density measurement instrument.
- Provided resources optimization and cost reduction services for Liheng Iron and Steel, Wangzhuang Coking Plant and Gujiao No. 2 Coking Plant.
- Made a breakthrough in research on sulfur transformation during coke-making of different coal varieties and built a forecast model of sulfur transformation.
2015
- Fenwei CCI Index was widely used by large enterprises and organizations such as Shenhua Group, CHALCO and the Mongolian government
- Built a comprehensive Chinese coal industry database for Taiyuan University of Technology
- Sxcoal was awarded the Most Influential Coal and Coke Industry Portal by the CECA
- Sold over 10,000 tonnes of foundry coke from Limin Coking Plant through MPP platform with prices 20 yuan/t higher than the market price
2014
- Jointly applied for the major scientific research project of Refined Intelligent Coal Blending System Development and Project Demonstration with Taiyuan Iron and Steel Group, Institute of Coal Chemistry of Chinese Academy of Sciences and Taiyuan University of Technology, and obtained RMB 15.9 million of special fund.
2013
- Developed the Taiyuan Coal Price Index by working with China (Taiyuan) Coal Transaction Center, which soon gained recognition in the coal industry.
- Undertook the Sci-tech services project of Ministry of Science and Technology – Production Technology Consulting and Management Services Platform for Small and Medium Coal and Coke Enterprises.
- Developed Chinese thermal coal price index – CCI index series.
- Obtained computer software copyright for Refined Intelligent Coal Blending System and Coke CSR Forecast System. Till then Fenwei obtained 35 intellectual properties, copyrights and patents for different research results.
- Gained RMB 800,000 fund from the Ministry of Science and Technology for the project of Energy-saving and Cost-reduction Digital Production and Management Service Platform for Small- and Medium-sized Coal and Coke Enterprises.
2012
- Developed and operated Qinhuangdao seaborne coal exchange system.
- Restarted the Limin Coking Plant in Loufan, which had stopped production for two years due to great loss. After three months of production, it became a foundry coking plant with the lowest cost in Shanxi.
2011
- Launched the Chinese coking industry investigation program, and completed the investigation work for the Chinese coking industry database program in July.
- Investment in Sci-Tech R&D exceeded RMB 6 million for five consecutive years; awarded as the Advanced Sci-Tech Services Organization of Taiyuan City.
- Obtained proprietary intellectual property right for China Coal Price Index Series.
2010
- Awarded as the Advanced Sci-Tech Services Organization of Taiyuan City.
- Officially released the CR coal and coke price indexes.
- "China Coal Price Index and Its Application" passed Sci-Tech achievement appraisal and won the Outstanding Sci-Tech Contribution Award of Taiyuan City during the 11th Five-Year Plan period in December.
2009
- Signed strategic cooperation agreement with SISS and established the SISS Taiyuan Branch.
- Fully took over the management of Lanxian Coke Plant under a Trust Production Agreement.
- The program of China Coal Mine Cost Database was officially set up with a budget of RMB 6 million.
2008
- Completed the Evaluation on Development of Shanxi Clean Heat Recovery Coke Oven Technology for Shanxi Coke Association, providing theoretical breakthrough for the oven's industry admission approval.
2007
- Jointly established and operated the Jiaolian Coke Exchange with Shanxi Coke Association.
2006
- Jointly established and operated the Zhongtai Coal Exchange with Shanxi Coal Administration.
2005
- Participated in the compilation of the 11th Five-Year Plan of Shanxi Coal Industry as entrusted by Shanxi Coal Industry Association.
2004
- Sxcoal came online
- Carried out investigation and assessment on Banpu's Hebi No. 4 Mine and AACI's Gaohe Mine, and Facilitated the establishment of the second and third large modern Sino-foreign coal mine joint ventures in China.
2003
- Coking coal export agent by Fenwei exceeded 1 million tonnes.
- Started strategic cooperation with industrial giants like Mckinsey, BHP Billiton and Rio Tinto.
2001
- Organized the first Sino-Korea Coking Coal Application Seminar with POSCO.
2000
- Helped establish Chinese first Sino-foreign coal mine joint venture — SAADEC.
1999
- Founded by Chang Yijun