Weekly China coal market news summary (Apr22-Apr 26)

sxcoal.com General 2024-04-26 16:38:33

China's coking coal, coke markets firm on lower stocks

China's coking coal and coke markets continued to gain support from low stocks ahead of the May Day holiday, mainly due to sustained demand from coking plants, steel mills and traders and regional sup

 

Chinese demand for seaborne thermal coal cools off; India's demand on the rise

China's seaborne thermal coal demand has decreased because of lower domestic prices, increased freight rates, and close to completion of purchases for late April delivery.Currently, Indonesian May-loa

 

Chinese buyers resistant to surging domestic and imported coking coal

Chinese participants may become more resistant to accepting high-priced coking coal, both domestically and imported, even as coking coal prices are expected to maintain an upward trend in the near fut

 

China's portside thermal coal prices stabilize

China's portside thermal coal prices were largely stable on April 24, as sellers were motivated to maintain prices following the top miner's recent price adjustments.Prevailing offers for 5,500 Kcal/k

 

China adjusts down rail coal freight rates to boost transport

China's coal suppliers are pleased with the recent announcement of reduced freight rates by local railway authorities, aiming to cut transport costs and increase volumes.Since early April, there has b

 

Intense rainfall benefits hydropower, limits coal use in China

Hydropower generation in China is set to rise notably in the second quarter of this year, driven by heavy rainfall in South China during the flooding season. Increased generation from hydro stations a

 

QHD coal stocks rebound on port closures

Coal inventories at China's major transshipment port of Qinhuangdao rebounded above 5 million tonnes again, owing to declined outbound shipments during port closures and slack coal consumption.Qinhuan

 

Hebei aims to reduce about 10% coal use by 2025

Northern China's Hebei province is targeting to trim coal consumption by approximately 10% by 2025 compared with 2020 through stringent control, according to an action plan issued by the local govern

 

Review: China Mar coal imports refresh record for same mth

China's coal imports in March increased from that in the first two months and hit a new record for the same period, customs data showed.China imported 41.38 million tonnes of coal in March, up 0.5% ye

 

Review: China Mar thermal coal imports climb 25%+ MoM; Indonesian coal falls to 60%

China's thermal coal imports in March hit a new high of the month in history, with an increase of more than 25% from February and some 3% growth year on year, the latest customs data showed.According

 

Review: China Mar coking coal imports rebound amid surging Mongolian coal

China's coking coal imports in March bounced back from a month ago, backed by prominent growth in Mongolian coal imports, customs data showed, with Mongolia and Russia remaining the top two suppliers.

 

Review: Over 60% of Chinese provs see YoY rise in Mar coal imports

China's coal imports in March reached a new high for the same month, marking the second consecutive month of such an achievement, according to customs data. Over 60% of Chinese provinces and regions r

 

China's top 5 provinces contribute 53.5% of Mar coke output

China's top five coke-producing provinces – Shanxi, Inner Mongolia, Hebei, Shaanxi and Xinjiang – produced 21.06 million tonnes of coke in March, accounting for 53.5% of China's total, according to da

 

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

Share this article
Connect with us

Editor's Pick

1 China's Jan-Apr finished steel exports up 27% YoY 2024-05-09

China's exports of finished steel increased 27% on the year to 35.02 million tonnes during January-April, according to the latest data released by the General Administration of Customs.The export valu

2 China Apr coal imports rise 11.25% YoY 2024-05-09

China imported 45.25 million tonnes of coal in April, up 11.25% from 40.68 million tonnes a year ago, showed data from the General Administration of Customs (GAC) on May 9.The volume was also 9.36% hi

3 China Jan-Apr steel products imports down 3.7% YoY, iron ore up 7.2% 2024-05-09

China imported 2.41 million tonnes of steel products over January-April 2024, falling 3.7% year on year, showed data from the General Administration of Customs (GAC).The import value came in at $3.99

4 China futures market updates at close (May 9) 2024-05-09

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

5 China Coal Daily Track (May 9) 2024-05-09

Thermal coalProduction area Mine-mouth thermal coal prices trended higher in major producing regions, fueled by active restocking from metallurgical and chemical plants. Traders and washing plants als

6 Vietnam's top coal miner boosts sales to power plants amid soaring demand 2024-05-09

Vietnam Industry Coal and Mineral Industries Group (Vinacomin), the country's top coal producer, said it had significantly increased coal sales to power plants to catch up with soaring energy demand a

7 Infographic | China's imports of main commodities in Apr 2024 2024-05-09

China's imports of coal, natural gas, iron ore, steel products, etc.

8 Daqin Apr coal shipments down 15.82% MoM for maintenance 2024-05-09

Daqin railway, a major channel shipping coal from production areas to transfer ports in northern China, shipped 30.32 million tonnes of coal in April, falling 0.95% on the year and 15.82% on the month

9 Infographic | China Taiwan coal imports in Apr 2024 2024-05-09

Coal imports of Taiwan in Apr fall 6.3% YoY and 8.94% MoM to 4.92 Mt, showed data from Taiwan customs.

10 Xinjiang starts construction on a 3.15 GW PV project 2024-05-09

Construction on a 3.15 GW photovoltaic project has been started in Shihezi city, northwestern China's Xinjiang Uygur autonomous region, according to local media.Total investment in the project, which

Most Read Articles

1 CISA: steel firms still have room to cut production, reduce inventories 2024-05-06

Chinese steel companies still have room to further cut production and reduce inventories, as the industry faces a temporary supply-demand imbalance and declining steel prices, according to a senior of

2 Infographic | S. Africa coal exports in Mar 2024 2024-05-06

South Africa exported a total of 6.22 Mt of coal in Mar 2024, up 2.21% YoY and 17.02% MoM, showed data from South African Revenue Service.

3 Weekly: China's met coke market stabilizes during holiday after 4th price hike 2024-05-06

Chinese metallurgical coke prices stayed temporarily stable during the May Day holiday from May 1 to 5, following a 100-110 yuan/t increase earlier last week, the fourth consecutive hike since mid-Apr

4 Asian heatwave spurs Newcastle thermal coal prices 2024-05-07

Newcastle thermal coal futures have maintained an upward trajectory since late April, propelled by soaring demand from Asian countries grappling with sweltering heat.On May 6, the June contract closed

5 Coal India Apr coal output up 7.29% on yr 2024-05-06

State-owned Coal India Ltd (CIL) produced 61.8 million tonnes of coal in April 2024, rising 7.29% from a year earlier yet down 30.25% from its highest-ever monthly output of 88.6 million tonnes in Mar

6 India Apr coal production rises 7.4% YoY 2024-05-07

India's coal output increased by 7.4% to 78.69 million tonnes in April compared to last year's 73.26 million tonnes, according to the coal ministry.Coal India Limited (CIL), the state-owned coal minin

7 China met coal market in figures (May 6) 2024-05-06

China coking coal, met coke and steel market key figures in focus.

8 China's Hebei Apr steel PMI back to expansion zone 2024-05-06

The Purchasing Managers' Index (PMI) for the steel sector in China's leading steel-making province Hebei rose 12.7 percentage points (pps) month on month to 60.3 in April 2024, data from the province'

9 China Shenhua sees notable growth in Q1 coal sales 2024-05-06

China Shenhua Energy Company Limited, a flagship subsidiary of China Energy Investment Corporation, announced substantial growth in coal sales in the first quarter of 2024, according to its latest qua

10 Weekly: China's coking coal market remains stable amid holiday effect 2024-05-06

China's coking coal prices kept flat last week, with trading activity muted during the May Day holiday. Coke and steel producers reported stable coking coal inflows and refrained from inking fresh ord