Weekly China coal market news summary (Apr15-Apr 19)

sxcoal.com General 2024-04-19 17:14:03

China Q1 coal output drops, supporting cautious growth forecast

China's coal production reached 1.11 billion tonnes in the first quarter of 2024, falling 4.1% compared with the same period last year, the latest data from the National Bureau of Statistics showed.In

 

China Q2 coal prices may remain subdued on potential supply recovery

China's coal prices are expected to remain subdued in the second quarter this year, despite potential tightening of supply anticipated by some industry insiders.Conversely, the country's coal producti

 

China's coal industry Q1 capacity utilization falls to lowest since Q3 2020

Capacity utilization in China's coal mining and washing sector declined in the first quarter of this year to the lowest since the third quarter of 2020, as lower prices weakened production at mines an

 

China's coke prices poised to extend gains as steel mill demand strengthens

Coke prices in China are expected to continue rising after the first hike so far this year, as improved profitability at steel mills boosts demand for the key steelmaking raw material.The first hike o

 

China's coking coal market strengthens robustly; Mongolian coal improves

China's coking coal prices increased on favorable changes, and the upward momentum appears to continue amidst a high likelihood of the complete realization for recent coke price hike and an expected b

 

Chinese coal stocks rally amid improving sector fundamentals

China's listed coal companies have recently reported their first-quarter financial results, revealing a decline in average net profit of around 25% year over year. However, the coal sector has continu

 

What behind recent Chinese domestic thermal coal price rises?

China's domestic thermal coal prices have recently seen a surprise uptick, despite comfortable coal stocks at power utilities.On April 18, offers for 5,500 Kcal/kg NAR thermal coal stood around 830-84

 

China confirms to build coal capacity reserve system by 2027

China officially approved to set up a domestic coal production capacity reserve system by 2027, aiming to ensure adequate supply and stabilize prices of the fossil fuel.After a previous draft issued e

 

QHD port coal stocks fall below 5 Mt on higher outflows

Coal inventories at China's major transshipment port of Qinhuangdao continued to decline last week, down below 5 million tonnes, owing to higher outbound shipments vis-a-vis low inflows, despite falli

 

Top 10 Chinese miners' coal output down 6.2% YoY in Jan-Mar 2024

China's 10 largest coal mining groups (in terms of production) produced 550?million tonnes of raw coal in January-March 2024, falling 6.24% year on year, according to the latest data released by China

 

Infographic | China's raw coal production by province in Mar 2024

Summary table and charts for raw coal production in China's coal-producing provinces in March 2024.

 

Infographic | China's Mar production of coal and other main industrial products

China's production of coal, coke, crude steel and other main industrial products in Mar 2024.

 

(Writing by yan.sun  Editing by Alex Guo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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