Weekly China coal market news summary (Apr1-Apr 7)

sxcoal.com General 2024-04-07 17:04:44

China's thermal coal prices poised to drop further, expected to stabilize by late May

China's domestic thermal coal prices generally followed a downward trend in the first quarter, with portside 5,500 Kcal/kg NAR coal trading nearing the 800 yuan/t level by late March, indicating the p

 

China, India thermal coal imports increase in Mar amid surging power demand

China and India, the world's top two largest coal consumers, witnessed a significant rebound in seaborne imports of thermal coal in March, propelled by declining international coal prices and a surge

 

Leading Chinese coal group's price revision dampens pithead sentiment

Influenced by the downward trend in portside prices, the momentum of thermal coal prices at China's major producing regions has been somewhat lackluster. While a few mines in certain regions adjusted

 

China's thermal coal prices face downward pressure in Apr

China's domestic thermal coal prices have maintained a downward trend since the beginning of the year, especially the slump of over 100 yuan/t in recent weeks. The downward trend may continue in April

 

China's met coke prices stabilize, but downside pressure persists

China's metallurgical coke prices stabilized for the time being after the implementation of the seventh round of 100-110 yuan/t cuts, but participants were concerned about yet another round as the ste

 

Coal supply-demand mismatch may persist this year, CNCA warns

There could be a mismatch between coal supply and demand in certain regions of China during peak periods this year, especially for high-CV grades, considering factors such as extreme weather, emergenc

 

Will early arrival of heatwave boost China's thermal coal market?

While other regions in the country are still in spring, southern China has already transitioned into an early summer, marked by frequent high temperatures persisting for extended periods.Since last we

 

Top 10 Chinese miners' coal output down 5.49% YoY in Jan-Feb 2024

China's 10 largest coal mining groups (in terms of production) produced 370 million tonnes of raw coal in January-February 2024, falling 21.10 million tonnes or 5.49% year on year, according to statis

 

Daqin railway starts month-long spring maintenance on Apr 1

Daqin Railway, an artery sending coal from key production areas to ports in northern China, begains a 30-day spring maintenance on April 1, state media CCTV reported, citing the China Railway Taiyuan

 

China's portside coal stocks accumulate on higher intakes

Coal inventories at China's major transshipment port of Qinhuangdao increased last week to a new high since early February, as coal inflows outpaced outbound shipping volumes amid a seasonal lull for

 

(Writing by yan.sun  Editing by Alex Guo)
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 4th coke price hike accepted by steelmakers amid resilient pre-holiday needs 2024-04-30

Chinese large steel companies finally oked the fourth coke price increase, not long after being proposed by coking plants at the start of this week, as they had urgent needs for restocking before the

2 Turkey Mar coal imports hit 9-mth low 2024-04-30

Turkey imported 3.33 million tonnes of coal in March 2024, falling 16.44% from 3.98 million tonnes in the preceding year, according to the country's trading statistics.The imports were also 10.97% low

3 China Coal Daily Track (Apr 30) 2024-04-30

Thermal coalProduction area The overall thermal coal supply slightly tightened in major producing regions, as some mines suspended production after fulfilling monthly production targets. Longwall chan

4 Monthly: Int'l thermal coal market in slow demand recovery; prices fluctuate 2024-04-30

April saw fluctuating international thermal coal prices, starting with a slight drop and then rebounding, though with moderate volatility.In the first half of the month, ?after the temporary impact of

5 China futures market updates at close (Apr 30) 2024-04-30

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

6 China's steel PMI up 3.7 to 47.9 in Apr 2024-04-30

The Purchasing Managers' Index (PMI) in China's steel sector grew by 3.7 percentage points to 47.9 in April, according to the latest data released by the China Steel Logistics Professionals Committee

7 Monthly: Chinese Apr coke market buoyed by brisk demand 2024-04-30

China's metallurgical coke prices rose by 300-330 yuan/t in the latter half of April following eight successive drops. This increase was driven by steelmakers increasing procurement due to better marg

8 Monthly: China's Apr coking coal prices rebound on improved demand 2024-04-30

China's coking coal prices rebounded significantly in April in line with sustained coke price rallies. End buyers made active purchases, easing offtake difficulties at mines.March Supply-demandChina's

9 China's Apr manufacturing PMI expand for 2nd mth 2024-04-30

China's Purchasing Managers' Index (PMI) for the manufacturing sector reached 50.4 in April, showed data from? the National Bureau of Statistics, remaining in the expansion zone for the second consecu

10 China's cement producers see Q1 losses worsen 2024-04-30

The majority of Chinese cement companies suffered declines in business operations during the first quarter, with some even reporting net losses.Anhui Conch Cement, the largest cement manufacturer in C

Most Read Articles

1 NW China's Ningxia Q1 raw coal output up 8.9% on yr 2024-04-29

Northwestern China's Ningxia Hui autonomous region produced 25.63 million tonnes of raw coal from January to March, rising 8.9% on the year, showed data from the local statistics bureau.Production of

2 China thermal coal market in figures (Apr 29) 2024-04-29

China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.

3 Poland Mar hard coal output down 15.3% on yr, lignite falls 0.7% 2024-04-29

Poland's hard coal production reached 3.61 million tonnes in March, down 15.3% from a year and 3.4% from a month earlier, official statistics showed.Lignite production was 3.36 million tonnes in the m

4 Thailand Mar thermal coal imports up to 7-mth high 2024-04-30

Thailand's thermal coal (including bituminous and sub-bituminous coal) imports in March came in at 1.90 million tonnes, falling 10.55% year on year but 0.23% higher than the month-ago level, hitting t

5 China met coal market in figures (Apr 29) 2024-04-29

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

6 China Coal Daily Track (Apr 29) 2024-04-29

Thermal coalProduction area Thermal coal prices stayed firm in major producing regions, supported by well-maintained balance between production and sales across most mine. Some mines opted to suspend

7 China met coal market in figures (Apr 30) 2024-04-30

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

8 Mongolian coking coal e-auctions rebound; price growth slows in China 2024-04-29

Mongolian coking coal auctions on the Mongolian Stock Exchange (MSE) recovered since mid-April, snapping consecutive failures from late March to early April, partly supported by a resurgence in China'

9 Monthly: Int'l thermal coal market in slow demand recovery; prices fluctuate 2024-04-30

April saw fluctuating international thermal coal prices, starting with a slight drop and then rebounding, though with moderate volatility.In the first half of the month, ?after the temporary impact of

10 China's portside thermal coal stable before holiday 2024-04-29

Thermal coal prices at northern China ports held stable on April 29 as market participants awaited developments post the May Day holiday spanning May 1-5.Domestic 5,500 Kcal/kg NAR thermal coal was of