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Weekly China coal market news summary (Jul 6-Jul 10)

sxcoal.com General 2020-07-10 15:08:33

Huaneng says to strictly control spot purchases of domestic thermal coal

China's state-owned power giant Huaneng Group said in a notice issued on July 7 that it will tighten the screw on spot purchases of d...

 

Coal stocks update suspended for China's six coastal power groups

Updates on coal stocks and consumption of China's six major coastal power groups are temporarily suspended, after China Huaneng Group...

 

Chinese thermal coal moves sideways with downward bias

Chinese domestic thermal coal prices stayed flat at northern ports on July 9, following a fast pickup for almost a week, affected by ...

 

China's state planner summons meeting, fanning speculations on coal import policy

Chinese state economic planner was reportedly to summon a meeting on July 9 to stabilize domestic thermal coal prices that have spike...

 

Border closure to tighten Mongolian coking coal supply, fanning bullishness

Mongolian coking coal prices in China may find support from looming supply reduction, as the country will close border crossings with...

 

China's met coke market still faces downside risk after 50 yuan/t decline

Downside risks were still seen in China's metallurgical coke market on July 9, even though the steel-making material has just decline...

 

Daqin railway Jun coal shipment up 8.74% on yr

Daqin rail line, the core asset of Daqin Railway Co., Ltd., completed 38.95 million tonnes of coal shipment in June, increasing by 8....

 

China has 52 10-Mtpa-level coal mines in operation

China has 52 10-Mtpa-level coal mines with the total approved production capacity of 821 million tonnes per annum (Mtpa) as of now, a...

 

Yangquan Coal Group H1 coal sales and railway shipments hit record highs

Coal giant Yangquan Coal Industry Group Co., Ltd. created all-time highs in its coal sales and railway transport in the first half of...

 

Mongolia-China border checkpoints to be closed during Naadam Festival

Mongolia-China and Mongolia-Russia border crossing points for auto vehicles will be closed during July 11-15 for the celebration of M...

 

China's new installed capacity of new energy surpasses thermal power for 3 yrs

The State Grid Energy Research Institute Co. Ltd, the branch of the State Grid Corporation of China, said in a report that the nation...

 

Shaanxi Coal & Chemical Industry aims at 20 Mt coal supply to Jiangxi in 2025

Shaanxi Coal and Chemical Industry Group, one of major coal firms in China, will overfulfil its target of coal supply to southeastern...

 

Shanxi May outbound rail coal shipments up 6.3% on mth

Shanxi shipped 12.26 million tonnes of coal out of the province by railway in May, up 6.3% from a month earlier but slumping 54% from...

 

State planner urges long-term coal contract fulfillment to stabilize spot price

China's state economic planning body recently required relevant parties of long-term coal supply contracts to ensure no less than 80%...

 

China's 2020 power demand to gain over 1.5%: analysis report

China's power consumption is expected to reach 7.33-7.48 trillion kilowatt hour (KWh) in 2020, an increase of 1.5% to 3.5% from 2019'...


(Writing by Emma Yang  Editing by Jessie Jia)
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