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Chinese thermal coal moves sideways with downward bias

2020-07-09 17:49:17 Viewpoint,  Price,  Thermal Coal sxcoal.com

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 met coke market still faces downside risk after 50 yuan/t decline

2020-07-09 17:24:15 Viewpoint,  Price sxcoal.com

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

China LNG prices up 2.6% while LPG prices down 2.5% in late-Jun

2020-07-09 11:00:03 General,  Price sxcoal.com

Liquefied natural gas (LNG) prices rose 2.6% while liquefied petroleum gas (LPG) prices declined 2.5% in late June in China, showed t...

Global Jun coking coal market: Australian coal prices up slowing on tightened China curb

2020-07-08 17:50:27 Price,  Production & Sales,  International,  Coking Coal,  Steel Products sxcoal.com

International coking coal prices continued rebounding slightly in June, yet the room of price rebound was limited. China remained the...

Chinese thermal coal sentiment staggers after power giant curbs spot purchases

2020-07-08 17:48:54 Viewpoint,  Price,  Thermal Coal sxcoal.com

Bullish sentiment in Chinese domestic spot thermal coal market began to waver after one state-owned power group reportedly asked its ...

Global Jun thermal coal market: seaborne prices slide amid bearish sentiment

2020-07-08 17:29:22 Price,  Import & Export,  International,  Thermal Coal sxcoal.com

International thermal coal market moved down in June under strong bearish sentiment. Import quotas were tight, and the restriction on...

China's 1st round of 50 yuan/t coke price cut partly accepted

2020-07-08 17:09:07 Viewpoint,  Price sxcoal.com

Some metallurgical coke producers in Shanxi and Hebei were heard to have agreed to cut coke prices by 50 yuan/t on July 8, following ...

China Coal Daily Track (Jul 8)

2020-07-08 14:06:04 Price sxcoal.com

Thermal coal Production area Coal supply remained tight in Shaanxi and Inner Mongolia. While the number of trucks waiting outs...

Huaneng says to strictly control spot purchases of domestic thermal coal

2020-07-08 11:40:10 Company,  Price sxcoal.com

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...

Chinese thermal coal market climb fast on robust demand

2020-07-07 17:47:20 Viewpoint,  Price,  Thermal Coal sxcoal.com

Chinese thermal coal prices continued growing at a fast pace at northern transfer ports, as utilities are frequently issuing tenders ...

China met coke sentiment further weakens after major mill cuts price by 50 yuan/t

2020-07-07 17:22:00 Viewpoint,  Price sxcoal.com

Bearish sentiment escalated in China's metallurgical coke market on July 7, after one major steel firm adjusted down coke prices by 5...

China Coal Daily Track (Jul 7)

2020-07-07 15:23:05 Viewpoint,  Price,  Thermal Coal sxcoal.com

Thermal coal Production area Both supply and demand have improved in Inner Mongolia and other key production areas since t...

Weekly China PCI coal market review

2020-07-07 13:58:07 Price,  PCI sxcoal.com

China's PCI coal market was generally steady last week. Mainstream prices stayed flat week on week, while a few offers inched up on...

China steel plates strong while rebar weak in late Jun

2020-07-07 11:55:43 Price,  Steel Products sxcoal.com

As the rainy season in southern China restricted the demand for construction steel, rebar and wire rod prices ran weak in late June, ...

China steel industry's Jan-May profits slide significantly

2020-07-07 11:23:55 Price,  Import & Export,  Production & Sales,  Cost & Profit,  Iron Ore,  Steel Products sxcoal.com

Steel production and sales have resumed to normal and operated stably by May, while the profit of China's steel industry slumped shar...

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1 China Coal Daily Track (Jul 10) 2020-07-10

Thermal coal Production area Continuing the upward trend seen recently, coal prices increased 5-10 yuan/t at some mines in Shanxi and Inner Mongolia. Despite running at almost full capacity

2 Guizhou Jun electricity consumption rises 5.7% YoY 2020-07-10

The electricity consumption of Guizhou province in southwestern China increased 5.7% year on year to 9.32 TWh in June, posting the fastest year-on-year growth since this year, showed data from China S

3 China has 52 10-Mtpa-level coal mines in operation 2020-07-10

China has 52 10-Mtpa-level coal mines with the total approved production capacity of 821 million tonnes per annum (Mtpa) as of now, accounting for 1/5 of the total capacity of operating coal mines in

4 Gansu H1 electricity consumption up 5.52% YoY 2020-07-10

Gansu in northwestern China consumed 11.3 TWh of electricity in June, rising by 9.34% year on year and 3.15% from May. Its electricity consumption from January to June totaled 65.31 TWh, up 5.52% on t

5 Sichuan has closed 50 coal mines with 5.1 Mtpa capacity this year 2020-07-10

Sichuan has withdrawn a total of 50 coal mines with production capacity of 5.1 million tonnes per annum (Mtpa) this year, official data showed. Among 50 coal mines that have been closed,

6 Hubei H1 newly-commissioned and constructing power projects exceed plans by 150% 2020-07-10

Central China Hubei's cumulative newly-commissioned and constructing power transmission and transformation projects have both exceeded 150% of the plans in the first half of 2020, disclosed by the Sta

7 Guizhou has 137.72 Mtpa legal coal capacity in operation by Jun 30 2020-07-10

Guizhou province in southwestern China had 258 legally operating coal mines with total approved capacity of 137.72 million tonnes per annum (Mtpa) as of June 30, according to an announcement from Guiz

8 Chinese thermal coal moves sideways with downward bias 2020-07-09

Chinese domestic thermal coal prices stayed flat at northern ports on July 9, following a fast pickup for almost a week, affected by Huaneng's announcement on tightening purchase for spot cargoes. &nb

9 China's state planner summons meeting, fanning speculations on coal import policy 2020-07-09

Chinese state economic planner was reportedly to summon a meeting on July 9 to stabilize domestic thermal coal prices that have spiked too quickly, according to one source with acknowledge of the matt

10 Border closure to tighten Mongolian coking coal supply, fanning bullishness 2020-07-09

Mongolian coking coal prices in China may find support from looming supply reduction, as the country will close border crossings with China for auto vehicles during national Naadam Festival holiday (J

Most Read News Stories

1 China May coking coal imports down 19.1% on yr 2020-06-29

China's coking coal imports totaled 4.79 million tonnes in May, down 19.1% year on year and 23.8% month on month, data from the General Administration of Customs showed. Value of the impo

2 CHN Energy Jul term contract prices reach new high so far this yr 2020-07-02

China's top coal mining group China Energy Investment Corporation, or CHN Energy, raised its monthly term contract prices of thermal coal for July delivery to a new high so far this year, market sourc

3 Indonesia sets Jul coal HBA price at lowest in 4 yrs 2020-07-03

The Indonesian government set its coal benchmark price (HBA) for July at $52.16/t, down from $52.98/t last month, the Energy and Mineral Resources Ministry said in a statement on July 3.

4 Mongolia's exports drop by 40.6% in H1 2020-07-01

In the first six months, Mongolia's total exports amounted $2.2 billion, according to the Customs General Administration. Mongolia's exports decreased by 40.6% or $1.5 billion in the firs

5 Japan's thermal coal imports hit 5-yr low in May 2020-06-29

Japan's thermal coal imports (bituminous and sub-bituminous coal) fell 10.11% from a year ago and 21.91% from a month ago to 7.13 million tonnes in May, hitting the lowest level since June 2015, data

6 Japan May coking coal imports drop to a new low 2020-06-30

Japan's coking coal imports in May dropped to a record low since January 2015 when sxcoal.com started recording, according to official data. The country imported 4.65 million tonnes of co

7 China May coke imports surge 54.13% MoM 2020-07-01

China imported 189,200 tonnes of coke in May, surging 54.13% from a month ago, customs data showed. The figure was also a sharp increase compared with only 2,147 tonnes in the same month

8 China coal mine safety watchdog warns of possible floods at mines 2020-07-03

China's National Coal Mine Safety Administration warned of possible floods at coal mines alongside persistently strong rainfalls in South China and Southwest China. Entering the rainy sea

9 China's top 10 coal miners post 1.22% growth in Jan-May output 2020-07-01

Coal production of the 10 largest coal producers increased by 1.22% year on year in the first five months, according to data released by China National Coal Association. Combined producti

10 Australia's resources export earnings to fall 10% in 2021 as pandemic hits 2020-06-30

Australia's mining and energy export earnings are expected to hit a record high this financial year then drop 10% in the year to June 2021 as commodity prices tumble due to coronavirus pandemic lockdo

Most Read Analysis & Comments

1 Chinese utilities' shipment cancellation clouds Indonesia thermal coal outlook 2020-06-23

Several Chinese utilities reportedly cancelled shipments for up to 12 vessels of imported thermal coal, mostly Indonesia coal, further clouding outlook of the fossil fuel in the near term.

2 China May coal imports fall for 1st time this yr 2020-06-29

China's coalimports (lignite included) logged the first decline this year in May, falling 19.7% year on year, showed customs data, mainly dragged by tightened import quotas. Coal im

3 Quota crunch deters Chinese appetites on seaborne coking coal 2020-06-24

After three power plants in Jiangsu's Nantong withdrew a total of 12 vessels seaborne thermal coal, concerns about a lack of quotas for coking coal imports are deterring Chinese steel mills from furth

4 Chinese demand muted for Indonesian thermal coal amid festival 2020-06-28

Chinese buying demand for Indonesian thermal coal stayed muted during the three-day Dragon Boat Festival holiday, with a lack of clarity on market direction in the days ahead. The festiva

5 Uncertainty looms large for Indonesian thermal coal export to China 2020-06-24

Uncertainties loomed large for Indonesian thermal coal exports to China, after several utilities in Jiangsu province canceled shipment due to a lack of import quotas. Market confidence wa

6 China's spot thermal coal sentiment reverses on expected buys in Jul 2020-06-30

Sentiment reversed in Chinese spot thermal coal market, as many participants expected coastal power plants to move to restock spot cargoes in July amid rising power demand and insufficient monthly ter

7 Chinese thermal coal prices kept stable; sentiment swings 2020-06-24

Chinese domestic thermal coal market continued to move sideways on June 24, the last trading day before a three-day holiday of the Dragon Boat Festival. But some traders were concerned of downward ris

8 Indonesian thermal coal likely to further head south amid faltering demand 2020-06-30

Indonesian seaborne thermal coal market witnessed another silent session on June 30, with few deals concluded and offers/bids largely unchanged. The most-traded 3,800 Kcal/kg NAR thermal

9 China's mega hydropower station comes online, estimated to save 12.2 Mt of coal 2020-06-30

After a 72-hour trial run, the first two units of Wudongde Hydropower Station began power generation on June 29, marking the China's fourth-largest and world's seventh-largest hydropower project was o

10 Coking coal rally continues in China on restocking activity 2020-06-22

Coking coal prices almost achieved across-the-board rises in main production areas of China, boosted by replenishments of coke plants. Data from sxcoal.cm showed coking coal stocks at sur

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