BHP Billiton reported on October 17 that its metallurgical coal production in the first quarter of the 2019-2020 fiscal year (July-June) fell 10% year on year.
The company's met. coal bus
Production area Slack coal sales remained under pressure at some small-sized coal mines in Shaanxi's Yulin, a few of which cut prices by 5-10 yuan/t. Some consuming regions in Hena
Raw coal production in China logged a month-on-month growth of 2.57% last month, as high-quality mining capacity keeps being released.
The world's top producer churned out 324.14 million
China's production of crude steel registed a 5.1% month-on-month fall in September, according to official data, dented mainly by frequent output crackdowns for environmental concerns.
Chinese end users released limited buying interest in spot thermal coal cargoes at northern Bohai Rim ports, as they are waiting for prices to fall to the bottom.
Traders said demand for
China registered a strong year-on-year pickup of 4.7% in power generation in September, which was mainly ascribed to the growth of thermal power output, official data showed.
Australian thermal coal prices recovered to a three-month high in Chinese seaborne market following quickened upticks after the National Day holiday, as the material regained favor for its high qualit
China has launched a new price index for liquefied natural gas (LNG) imports to better reflect changes in the market.
The LNG comprehensive import price index (the LNG index), jointly dev
Xilingol League, located in the central part of Inner Mongolia, 640 kilometer away from Beijing, is rich in coal resources, with excellent mining conditions and a huge reserve of up to 100 billion ton
China's solar power industry has been closely impacted by government policies, which are on track to shift to subsidy-free as energy supplies diversify.
The country is determined to total
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China's coal imports registered a 20.49% year-on-year increase from the preceding year, which was 5.59 percentage points faster than the growth last month, official data showed.
Fears of China's possible coal import restrictions, which daunted the import market for months, did not grow further although September import figures remained strong.
Data from Chinese c
There would be some 31 million tonnes of coal import quota left for Chinese buyers in the final three months of the year,
based on freshly released September figure from Chinese customs, if the
Weighted down by continuously weak downstream demand and high inventory levels at northern ports, Chinese spot thermal coal prices kept going down, leaving the market with fewer trades.
Chinese seaborne import thermal coal – mainly Indonesian and Australian material – further gained strength late last week following days of pickups, despite the fact that China's import policy risks r
Indonesian and Australian thermal coal miners further raised offers to Chinese buyers inspired by recently brisk buying activity from the world's largest coal consumer and other nations.
Traders engaged in spot thermal coal business at northern China transfer ports came under mounting inventory pressure, anxious about further price falls as market sources said port authorities may tak
Chinese authorities on October 16 released an action plan for air pollution control in the Beijing-Tianjin-Hebei region and surrounding areas, setting specific targets for this winter session.
The Sino-Vietnam freight train carrying 477 tonnes of Indonesian coal arrived at China's Hekou border crossing on October 14, the first time the railway transported goods from Indonesia to China since
Chinese thermal coal traders further lowered their expectations of spot price trend at northern transfer ports, after some major trading houses offered discounts to boost sales amid poor demand.