China Longyuan Power Group Co., Ltd, one state-owned wind power generator under CHN Energy, brought in 4.57 billion yuan of net profit attributable to shareholders last year, up 9.6% from a year ago,
Production area Affected by downward trend at northern ports, coal delivery from railway stations in major production areas declined. Some miners in Shanxi and Inner Mongolia lower
Japan's thermal coal imports (bituminous
and sub-bituminous coal) declined 0.92% year on year in February, data showed.
The country imported 9.14 million tonnes of
Many Chinese miners moved to lower coking coal prices amid worsened outlook after top miner Shanxi Coking Coal adjusted down prices of some grades for the second quarter term contracts.
China's spot thermal coal market experienced a sharp decline in the midweek with the benchmark 5,500 Kcal/kg NAR coal suffering the biggest one-day fall since late 2018.
On April 1, Fenwe
FOB prices of Indonesian low-calorific value thermal coal heading to China touched a seven-month low in the middle of this week, battered primarily by tepid restocking demand from power plants alongsi
After exports of Mongolian coking coal to China resumed as the risk of COVID-19 was seen receding, prices of the material have also declined against bearish coal market in China.
China's coal shipments via railway were 370 million tonnes in January-February 2020, a year-on-year decrease of 6.2%, according to data released by the National Development and Reform Commission on Ma
Chinese import coking coal market stayed soft as domestic steel industry still faced great pressure in digesting high stockpiles and recovering profits.
Mongolian coking coal prices were
Spot prices of thermal coal further dropped at China's northern transfer ports on the heels of a sharp decline in monthly-term contract prices of top miner CHN Energy for April shipments.
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The gap was still large between offers and bids of Indonesian thermal coal in the Chinese seaborne import market, as participants were hard to capture the market direction under the Covid-19 pandemic,
Inner Mongolia, top coal production hub in China, logged a steep year-on-year decline of 14.1% in raw coal production in the first two months this year, according to official data, primarily affected
Indonesia's PT Bayan Resources said on March 27 that three subsidiaries in East Kalimantan have suspended mining operations effective March 25, in a quick response to Indonesian government's previous
State Grid Corp. of China said its profit totaled 77 billion yuan in 2019, down 1.26% from a year ago, hitting a new low since 2014, the company said in a reported dated March 24.
China's planned coal-fired power capacity last year increased for the first time since Beijing imposed restrictions on new coal plant proposals and permits in 2016, a joint study by four international
China's spot thermal coal market continued sapping near late this week, given battered market sentiment and tapered buying appetite from end users.
Following 16 straight sessions of fallb
Large offer-bid spread curbs Indonesian thermal coal trade in China
The gap was still large between offers and bids of Indonesian thermal coal in the Chinese seaborne import market, as particip
Spot Australian premium coking coal further softened in China, a response to coke producers' tepid restocking as their profit margins dived close to zero.
Settlement prices of spot Austra
A staggering 47.4 GW coal fired power projects at different stages were cancelled in India in 2019 reducing total under development coal capacity to 66 GW.
The data was compiled in a repo
China's Purchasing Managers' Index (PMI)
for steel sector recovered to 42.2 in March from 36.6 a month earlier, data
from the CFLP Steel Logistics Professional Committee (CSLPC) showed on March 31,