Weekly China coal market news summary (May 11- May 15)

sxcoal.com General 2020-05-15 14:12:48

China Apr coal output rises 6% on yr but down 4.5% on mth

China's coal production in April increased 6.0% compared with the same month a year ago, with the growth slowing down compared with 9...

 

China Apr coke output high at 38.55 Mt, NBS

China's coke output stood at a high level of 38.55 million tonnes in April, rising 1.37% month on month, according to latest official...

 

China Apr power generation up 0.3% on yr

China's electricity generation climbed marginally by 0.3% from a year ago to 554.3 TWh in April, data from the National Bureau of Sta...

 

Qinhuangdao coal inventory slumps more than 30% on yr

Coal inventory of China's top coal transshipment port Qinhuangdao has been falling quickly, with handling exceeding inflows as Daqin ...

 

China's six coastal power groups see coal stocks fall below 15 Mt

Coal stockpiles at China's six major coastal power groups have fallen below 15 million tonnes from a high of 17.9 million tonnes in l...

 

China's thermal coal prices drift higher on solid demand

China's thermal coal prices kept on a quick recovery at northern ports, backed by strong buying interest fueled partly by bullish sen...

 

Chinese coking coal miners still grappling with inventory pressure

Facing with inventory pressures, Chinese coking coal miners cut prices to quicken sales, even on expectations that security inspectio...

 

Bullish sentiment circulates at China's met coke market

Market confidence of metallurgical coke kept growing in China, buoyed by a recovery of purchases from steel mills. This ...

 

China's coal consumption to fall y/y in Q2, improvement expected in H2, industry body

China's coal consumption is expected to decline in the second quarter from a year earlier, but will see an improvement in the second ...

 

China's N coal city stops production at 20 mines until political meetings conclude

Datong, China's key coal bub in northern province of Shanxi, decided to suspend coal production at 20 mines for safety concerns from ...

 

Further tightening of coal import restrictions is necessary

In the case where China's domestic supply of thermal coal continues growing and the demand is generally sluggish, a series of measure...

 

China's daily coal output at 10 Mt, highest over same period in history

Daily coal output at mines in China has stabilized at around 10 million tonnes, the highest over the same period in history, reported...

 

China coal imports surge despite restrictive measures

China's coal imports have been rising sharply this year on a yearly basis, indicating little effect from restrictive measures taken b...

 

Coal price slump leads to 40% listed coal cos loss-making in Q1

Recently, listed coal companies in China have issued their reports for the first quarter. About 40% of these companies were loss-maki...

 

Will Chinese coal market tick up in late May?

Some market participants are expecting an uptick in Chinese coal market in mid- or late-May alongside recent price stabilization and ...

 

China gives nod to 5.7-Mtpa coal mine projects in Shanxi

China's energy regulator have given the go-ahead to five coal mine projects with combined capacity of 5.7 million tonnes per annum (M...

(Writing by Emma Yang  Editing by Jessie Jia)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 China's thermal coal expected to go south amid falling demand 2020-05-29

Spot prices of Chinese domestic thermal coal are expected to fall in the near term, as demand from utilities has been weakening. Data from sxcoal.com showed the daily coal burn at China's

2 China coking coal prices stabilize after hitting 34-mth low 2020-05-29

China's coking coal prices have been leveling off these days after touching a 34-month trough on May 20, bolstered by downstream restocking and production cuts during the "Two Sessions" (May 22-28).

3 Chinese seaborne thermal coal market shows signs of softening 2020-05-29

Chinese seaborne import thermal coal market showed signs of weakening late this week, given a dearth of sales as end buyers suspended procurement of foreign cargoes amid domestic market uncertainty.

4 QHD port coal stocks keep falling on active selling by traders 2020-05-29

Coal stockpiles at Qinhuangdao port kept decreasing as traders started actively selling off cargoes in hand after spot thermal coal market softened. The port's inventory fell 5,000 tonnes

5 China excludes clean coal projects from list eligible for green bonds 2020-05-29

China has excluded "clean coal" from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on May 29. The new catalogue

6 China Coal Daily Track (May 29) 2020-05-29

Thermal coal Production area In Inner Mongolia, some coal mines suspended operation as their "coal sale quotas" have run out. Limited supply resulted in a small price rise at these mines.

7 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

8 S Africa Richards Bay Apr coal exports plunge to 9-yr low 2020-05-29

Coal exports from Richards Bay Coal Terminal (RBCT), the largest coal port in South Africa, hit a nine-year low in April, as slump in flows to India and South Korea more than offset increase in volume

9 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

10 CIL coal supply to power sector dips 22% to 32 Mt in Apr on demand slump 2020-05-29

The supply of coal to the power sector by state-owned Coal India has dropped 22% to 31.95 million tonnes in April amid slump in the fuel demand in the country on account of COVID-19-induced lockdown.

Most Read Articles

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 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

3 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

4 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

5 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

6 Indonesian thermal coal stays firm on Chinese demand; Indian buy shrinks 2020-05-25

Indonesian thermal coal prices remained resilient at the beginning of this week, bolstered by restocking demand from Chinese end users and rising Chinese domestic market. Sources said som

7 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

8 China's import thermal coal market at a crossroad after nearly 1-mth rebound 2020-05-26

Chinese seaborne import thermal coal market seems at a crossroad as Indonesian coal prices stabilized after rebounding since early May and Australian coal faced dwindling appetite. Wait-a

9 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

10 Bullish sentiment moderates in Chinese thermal coal market; offer prices slide 2020-05-26

After climbing fast for more than a week, Chinese domestic thermal coal market paused on May 26, as the bullish sentiment was dented by a drop in futures market and people started concerning risks of

Scan to download sxcoal.com mobile APP

X