Advanced Search Category : Flash News Analysis Daily Comments Weekly Comments Monthly Comments
Topics : Thermal Coal Coking Coal Anthracite PCI Coal Policy Viewpoint Company Import & Export Production & Sales Price futures Cost & Profit Thermal Power Safety International
Articles： Registered Member Paid Member
China's state planner said coal prices and other commodity prices will be back to supply-demand fundamentals in the future.
The Australian mining giant South32 Ltd said it is likely to suffer a loss of up to $175 million from the sale of its thermal coal assets in South Africa, and the divestiture was finalized with Seriti Resources on May 17.
Iron ore prices have surged to record highs as a batch of factors tightened supply. Analysts at ANZ Bank expected the short-term price will rise to $215/t. But they expect the upbeat strength will weaken in later the year.
Australia's thermal coal exports increased 20% on the month to 15.7 million tonnes in April, CoalMint's vessel line-up data showed.
China's property investment reached 4.02 trillion yuan in the first four months, up 21.6% year on year and 8.4% from the same period in 2019, the NBS data showed.
China's Industrial added-value rose 9.8% from a year ago in April, and 14.1% from April 2019, the NBS data showed.
The clearance process of Mongolian coking coal remained slow at Ganqimaodu border crossing, with only 94 trucks passing through it on May 15, possibly due to the comeback of COVID-19 in Mongolia. Marketable cargoes were in a shortage at the port, where offer prices rose to 1,400-1,450 yuan/t.
Canadian premium low-vol coking coal was offered at $254.6/t CFR North China as of May 14, up $19/t from the previous week and $35/t from a month earlier, Sxcoal data showed. Russian K10 was offered at $180.3/t CFR North China, up $14/t WoW and $25 MoM.
As of May 14, Mongolian 5# washed coking coal was offered at 1,700 yuan/t ex-stock Ganqimaodu, up 70 yuan/t week on week and 270 yuan/t month on month. The price came 65% higher compared with the year-ago level. Unwashed coking coal offers were around 1,410 yuan/t, up 100 yuan/t week on week, 220 yuan/t month on month and 64% higher from the previous year, Sxcoal data showed.
As of May 14, Mongolian 1/3 coking coal was traded at 770 yuan/t at Ceke border crossing, ex-stock with VAT, flat from a day earlier. The price has increased about 50 yuan/t over the week, 70 yuan/t over the month and by 24.2% from a year earlier, Sxcoal data showed.
In April, the value added by the industrial enterprises above designated size in China grew 9.8% YoY in real terms, up 14.1% over the same period of 2019, posting an average growth of 6.8% in 2020-21 with April 2019 as the base period. It ticked up 0.52% MoM. The total added value in the first four months picked up 20.3% YoY, according to the latest NBS data.
Research Institute of Petroleum Exploration & Development of China predicted that even after China has achieved carbon neutrality by 2060, its demand for oil is expected to maintain 230-300 million tonnes, and the demand for natural gas is estimated to keep more than 400 billion cubic meters, both surpassing the domestic supply capacities.
China's thermal power, hydropower, nuclear power and wind power maintained YoY growth, while solar power generation declined in April. Thermal power increased by 12.5% YoY and 6.7% on average in 2020-21 with April 2019 as the base period. Hydropower rose 3.3% YoY but posted an average decline of 3.1% in 2020-21. Nuclear power grew 5.2% YoY and 7.9% in 2020-21 with April 2019 as the base period. Wind power surged 21.1% YoY and realized an average increase of 10.7% in 2020-21. Solar power decreased by 6.4% while increased by 2.5% on average in 2020-21, the latest NBS data showed.
In April, China's daily output of crude steel averaged 3.26 Mt, up 7.54% MoM; daily output of pig iron was 2.53 Mt, up 5.02% over March; daily output of steel products averaged 4.04 Mt, up 4.55% from a month ago. The daily output of crude steel and steel products both hit record highs, and the average daily output of pig iron recorded the third highest in history.
China's raw coal output hit 320 Mt in April, down 1.8% YoY while up 4.0% over April 2019, posting an average growth of 2.0% in 2020-21. The average daily output was 10.74 Mt. China's coal imports tumbled 29.8% YoY to 21.73 Mt in April.
Loading is completed. It's been the last page
Indonesian thermal coal prices were largely unchanged, as both sellers and buyers were waiting for further clarity of market developments in China. June-loading Supramax cargoes of Indone
The eighth round 100-120 yuan/t price hike for metallurgical coke has been accepted by some steel mills as of May 18, a day after coking plants' proposal, raising the possibility that the increase cou
Coal-fired power generation hit a record low in Australia during the first three months of 2021 as surging renewables generation and falling power prices kept pressuring the market, according to data
China has specified standards for coal mining capacity adjustment, according to a document issued on May 17 by four departments of the central government, in a way to strengthen coal mine safety manag
Shaanxi Coal and Chemical Industry Group Co., Ltd, a state-run coal major based in Shaanxi province, said it may impose ceiling prices for coal supplied via road in due course in a bid to further push
Mongolia's coal producer SouthGobi Resources reported a significant rise in sales over the first three months, according to its Q1 financial and operating results published on May 14. The
India imported a total of 15.78 million tonnes of coal in February, 29.83% lower than 22.49 million tonnes a year ago, hitting a new low since August, showed data from India's Ministry of Commerce and
Eastern China's Anhui province saw a yearly rise of 12.4% in electricity consumption to 19.77 TWh in April, statistical data showed. The growth was 2.3 percentage points higher than that
Thermal coal Production area Mine-mouth prices generally fell back by 50-120 yuan/t with the largest decline seen at Yulin city in Shaanxi. Traders became less active in buying as reflec
China coking coal, met coke and steel market key figures in focus.
Vietnam is expected to more than double its seaborne coal import by 2030 in order to meet increasing power demand and curtail domestic coal consumption, the Vietnamese government said recently.
Indonesia decided to stop building new coal-fired power plants after 2023 to meet its carbon-neutral target, but also noted over 100 plants to be built by then will still be put into operation.
Construction of the Tavan Tolgoi coal preparation plant will be launched within the third quarter this year, Mongolian media reported, citing approval by the cabinet during a regular meeting held on A
China Energy Group Coal Coking Co., Ltd, a subsidiary of China Energy Investment Corporation, has signed a purchase agreement with Jiachen International Trade (Inner Mongolia) Co., Ltd for more than 5
Coal exports of Gladstone port fell to a seven-month low in April, with shipments to Chinese mainland staying zero, showed data from Australia Gladstone Ports Corporation. Gladstone port
Mongolia will build a "green channel" at the border crossing of Gashuunsukhait to accelerate coal exports to China, the country's state media Montsame reported, citing a cabinet meeting on May 12.
Power plants in southwestern China's Yunnan province were urged by local energy bureau in a meeting held May 9 to increase coal stocks and avoid generators shutdown due to coal shortage.
Australia's thermal coal exports increased 20% on the month to 15.7 million tonnes in April, CoalMint's vessel line-up data showed. Australian thermal coal exports to South Korea and Japa
Oxygen shortages and shrinking industrial demand during the second wave of COVID-19 in India have forced the country's largest steelmaker JSW Steel to cut production, the Financial Times reported.
Italian Enel, the largest power generator in Europe, stepped up its efforts to develop green energy and power grid businesses in the first quarter of this year, aiming to accelerate efforts to reduce
Chinese utilities slowed buying of thermal coal cargoes from the country's northern transfer ports where offers have soared to rather high levels, even as stockpiles are severely depleted at some plan
Participants in China's coking coal market continued to expect higher prices at major production areas on the back of tight supply. On May 6, Fenwei CCI Index for Shanxi low-sulfur primar
An expected lack of rainfall in some hydro-rich Chinese provinces could curb hydropower generation in May, though the southern region is forecast to enter the flood season, potentially boosting coal-f
Shipments of thermal coal cargoes in the global market have been delayed as vessel crew were reluctant to be quarantined amid the surging spread of COVID-19, especially towards India and other South A
China's domestic thermal coal market kept largely stable during the Labor Day holiday that lasted over May 1-5, with the benchmark 5,500 Kcal/kg NAR thermal coal offered at 830 yuan/t FOB at northern
China's premium low-sulfur coking coal touched fresh highs amid robust demand and suppressed supply. On May 11, Fenwei CCI Index for Shanxi low-sulfur primary coking coal stood at 1,861 y
China's thermal coal futures plummeted more than 6% on May 13, snapping a rally lasting for nine sessions in a row, as bullish sentiment retreated after a meeting held by the State Council a day earli
China's coking coal prices further gained upward momentum at the start of the week, as miners in Shanxi and Inner Mongolia continued increasing offers due to tight supply. On May 10, Fenw
Thermal coal futures prices hit new highs on the first working day after the Labor Day, as market sentiment was stoked after China's top economic planner announced suspension of all activity under a C
Spot prices of thermal coal traded at northern China ports rose sharply on May 11, with benchmark 5,500 Kcal/kg NAR thermal coal up by 30 yuan/t from a day earlier, the largest single-day rise since l