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Saudi, Russia agree oil cuts extension, raise pressure for compliance

2020-06-04 14:00:13 General,  International reuters.com

OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month wh...

China May coking coal market: continuous price fall under coke producers' pressure

2020-06-03 11:35:25 General,  Price,  Coking Coal sxcoal.com

Coking coal prices kept falling back at main production areas on the back of loose supply in May. Despite continuous improvement of p...

China to approve 30 UHV power transmission lines in next 5 yrs

2020-06-03 10:42:32 General sxcoal.com

China will have more than 30 new ultra high-voltage (UHV) power transmission lines approved by 2025, driving 587 billion yuan of inve...

Russian oil output falls to 9.39 million bpd in May, close to OPEC+ goal

2020-06-03 10:37:36 General,  Production & Sales,  International reuters.com

Russian oil and gas condensate production fell to 39.7 million tonnes (9.39 million barrels per day) in May, near its target under a ...

Weekly China coking coal market analysis and forecast

2020-06-02 08:35:36 General,  Price,  Coking Coal sxcoal.com

Coking coal market remained on the downside at main production areas in China during the past week, with prices sliding by an average...

China's met coke prices level off, demand remains strong

2020-06-01 17:07:20 General,  Price sxcoal.com

China's metallurgical coke prices stayed unchanged in the start of the week, and demand remained strong from downstream steel mills. ...

China manufacturing rebounds as economy shakes off coronavirus, Caixin PMI shows

2020-06-01 11:16:55 General caixinglobal.com

Manufacturing activity in China rebounded in May driven by a jump in output as companies resumed production after the coronavirus loc...

China's May factory activity cools as weak demand curbs output

2020-06-01 09:01:20 General reuters.com

China's factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an...

Weekly China coal market news summary (May 25-May 29)

2020-05-29 14:45:25 General sxcoal.com

Chinese domestic thermal coal market keeps cooling down as sentiment weakens Sentiment continued to weaken in China's spot th...

Weekly global coal market news summary (May 25-May 29)

2020-05-29 14:43:06 General,  International sxcoal.com

Weakening sentiment in China dampens Indonesian thermal coal trading Weakening sentiment among Chinese end users is slowing t...

China, India soak up oil from floating storage as demand recovers

2020-05-29 14:09:11 General reuters.com

The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India...

China's industrial enterprises Jan-Apr profits fall 27.4% YoY

2020-05-28 09:32:12 General,  Company,  Cost & Profit sxcoal.com

The total profits of industrial enterprises above designated size in China shrank 27.4% year on year during January-April to reach 1,...

China's coal mining and washing industry Jan-Apr profits slide 27% YoY

2020-05-28 09:25:59 General,  Cost & Profit sxcoal.com

The total profits of China's coal mining and washing industry reached 61.44 billion yuan ($8.78 billion) over January-April, down 27....

Czech coal mine stops work after outbreak

2020-05-27 16:04:45 General,  International PTI

A coal mine in northeastern Czech Republic near the border with Poland has halted work after a major COVID-19 outbreak among the mine...

Shanxi's installed new energy capacity increases 22% YoY by end-Apr

2020-05-27 11:50:27 General,  Wind,  Solar sxcoal.com

Shanxi's installed new energy capacity rose 21.81% from a year ago to hit 24.24 GW as of the end of April. It accounted for 25.86% in...

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Editors Recommendations

1 May global coking coal market: Australian coal price uptrend weakened by China's escalating clearance policy 2020-06-05

International coking coal prices rebounded slightly in early and mid-May despite persisting impact from COVID-19 pandemic. Yet entering late May, prices of Australian coal declined as some Chinese tra

2 May global thermal coal market: price bottoms out, seaborne coal price-competitive 2020-06-05

International thermal coal market revived slightly in May despite escalating import restriction and tight import quotas in China. As the growth of China's domestic coal prices was larger

3 Yulin plans to rectify 19 private coal mines, impact on market limited 2020-06-05

Yuyang district, Yulin city in northwestern China's Shaanxi province has planned to carry out concentrated rectification on safe production at 19 private coal mines in the district to further strength

4 Russia Jan-May coal exports slide 9.25% YoY 2020-06-05

Russia exported 71.30 million tonnes of coal in total over January-May, down 9.25% from 78.57 million tonnes in the same period last year, according to preliminary statistics from the Energy Ministry

5 Qinhuangdao coal storage still hovering low despite mild rise 2020-06-05

Coal stockpiles of Qinhuangdao port, China's top transshipment pivot of the fuel from North to South in the Bohai Bay, were hovering around at a low level despite a small pickup recently.

6 Shanxi province accelerates closure of small coal mines to enhance safety 2020-06-05

Coal mining center Shanxi province decided to shut down more small-scale coal mines permanently by the end of this year, as part of its effort to enhance coal mine safety conditions and lift concentra

7 Chinese coking coal miners report sliding stocks amid smooth sales 2020-06-04

China's coking coal miners saw a slide of inventories amid recent resilient sales, bolstering prices to recover from a downside that had lasted for three months. Buying enthusiasm of coki

8 Indonesian thermal coal prices keep falling on concerns of quota shortage 2020-06-04

Lower offers of Indonesian low-colorific value thermal coal were seen in the Chinese seaborne import market, as buying interest was curbed by concerns of quota shortage. The most-active 3

9 CHN Energy sets Jun contract price; impact on spot thermal coal remains unclear 2020-06-04

The long-awaited June term contract pricing by China's top miner CHN Energy came out with a big hike near late this week, the impact of which, however, remained unclear as to the spot market.

10 China Coal Daily Track (Jun 4) 2020-06-04

Thermal coal Production area Coal sales were relatively smooth in northern Shanxi, and prices kept stable. Some miners in Shaanxi and Inner Mongolia were in suspension amid safety crackdowns and

Most Read News Stories

1 China Apr thermal coal imports surge 88.95% on yr 2020-05-28

China's thermal coal (incl. bituminous and sub-bituminous coal, but excl. lignite) imports in April surged 88.95% compared with the corresponding month last year, official data said, reaching a record

2 China's coal imports from Mongolia continue to rise, adding pressure to price 2020-05-26

On May 23, Mongolia exported a total 955 trucks of coal to China through two major hubs Gashunnsukhait (Ganqimaodu) and Shivee Khuren (Ceke), Mongolian media GoGo Mongolia reported. The f

3 Daqin railway maintenance exerts limited impact on China coal market 2020-05-28

Month-long maintenance to China's coal-dedicated Daqin railway, which ended on May 28, two days ahead of schedule, has exerted limited impact on China's coastal thermal coal market, due to still weak

4 Two Sessions: Chinese delegates call for more imports of premium coking coal 2020-05-29

Chinese delegates of NPC called for more imports of premium coking coal, in order to boost green development of steel industry. Domestic steel production has been plagued by supply shorta

5 China to bolster energy reserve capacity, support unconventional gas exploration 2020-05-25

China said on May 22 it will bolster the capacity of the country's energy reserves and offer lower gas and electricity charges to key industries, as it looks to ensure energy supply and offset the imp

6 China urges top utilities to speed up transfer of 40 coal-fired power plants 2020-05-27

China has urged the country's five biggest utilities to speed up the transfer of 40 coal-fired power plants in the northwest of the country, according to a document seen by Reuters and confirmed by a

7 China's commodity exchange launches thermal coal options simulation trading 2020-05-25

China's Zhengzhou Commodity Exchange (ZCE) said on its website that it will roll out thermal coal options simulation trading on May 26 to prepare for real transaction. Thermal coal contra

8 China's new energy installations possibly the highest in history this yr 2020-05-29

In 2020, China's new energy installed capacity will likely reach a new high. On May 25, the National Energy Administration issued an announcement saying that the combined "newly-added dig

9 China coal hub Shanxi to halve coal-washing capacity by Sep 2020 2020-05-28

China's coal mining hub of Shanxi province aims to halve its coal-washing capacity to 1.8 billion tonnes a year and reduce the number of plants involved in the process to 1,200 by end-September, the a

10 China Apr coking coal imports up 11.35pct on mth, customs data 2020-05-28

China's coking coal imports posted a month-on-month rise of 11.35% in April, due mainly to restart of Mongolian exports and recovered demand from downstream sectors as economic activities gain strengt

Most Read Analysis & Comments

1 Australian thermal coal may face further curbs; Indonesian imports little affected 2020-05-18

There were market talks about tightening thermal coal import restrictions in China after the state planner held a meeting late last week, though no further information available from official sources.

2 Chinese domestic thermal coal gains strength from import curb 2020-05-20

Chinese domestic thermal coal prices jumped following market talks that the state planning body, the National Development and Reform Commission, asked key power utilities to suspend coal imports from

3 Thermal coal imports for blending in India to be eliminated in FY2020-21 2020-05-26

Indian government has decided to bring to zero import of coal for blending purpose by domestic coal-based power plants in the current fiscal, and has asked state-owned CIL to enter into a pact with po

4 China's spot thermal coal uptick stronger than expected 2020-05-26

Chinese spot thermal coal market witnessed stronger-than-expected upticks during last week, with Fenwei CCI 5500 index rising by a total 52 yuan/t to 543 yuan/t FOB and registering daily increase of o

5 Indonesian low-CV thermal coal price up close to $30/t after utility tenders 2020-05-21

Spot prices of Indonesian thermal coal edged higher in the Chinese seaborne import market, on the back of tender results from a state-owned power group, giving some clarity to the market.

6 Australian thermal coal still active in China despite restrictions 2020-05-22

Although Chinese state-owned power groups were reportedly told to turn their back on Australian thermal coal, there are still some trades concluded in recent days, and inquiries seem growing from down

7 Indonesian thermal coal prices keep going up; Australian coal flat 2020-05-20

It was a mixed picture in Chinese seaborne import thermal coal market on May 20; Indonesian coal prices extended the increase while Australian coal prices little changed amid uncertainty of import pol

8 Supply woes will create a short-term jolt for China's thermal coal market 2020-05-20

Supply interruptions are expected to jolt domestic spot thermal coal market, with prices of benchmark 5,500 Kcal/kg NAR coal anticipated to jump further. Only a limited number of coal min

9 China coking coal remains stagnant despite coke price hikes 2020-05-18

China's coking coal market ended last week in a weak note, as miners still found no ways to bolster up their prices, even as the downstream coke prices have almost completed two rounds of increase in

10 China coking coal market shows little sign of recovery 2020-05-20

Little sign of improvement emerged in China's coking coal market, as many mines were still riddled with high stocks and lackluster buying interest from coking plants. Only a few mines hav

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