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China's coastal coal market weakening as demand slows

2017-08-18 18:04:00 General,  Price,  Ocean-carriage,  Thermal Coal sxcoal.com

There was an emphatic weakening in prices of thermal coal traded at China's northern ports recently, as traders were losing confidenc...

Glencore coal miners return to work in Australia but vow more strike action

2017-08-18 17:48:00 General,  Company,  International reuters.com

Coal mine workers from seven Glencore collieries in Australia returned to work on August 17 after a four-day work stoppage, with many...

Chinese import thermal coal market quiet amid low buy interest

2017-08-18 17:47:00 Import & Export,  International sxcoal.com

Trading activities in China's seaborne import market remained flat, as end users showed pathetic interest of buying at present price ...

China Coal Daily Track (Aug 18)

2017-08-18 17:44:00 Price,  Thermal Coal,  Coking Coal sxcoal.com

Thermal coal Domestic market With the ongoing safety inspections at some production areas, many market participants were ...

China's Jingtang port embraces first coal containers train

2017-08-18 15:56:00 Policy,  Ports sxcoal.com

With hooting whistle piercing the silence, the first train loaded with coal containers arrived at northern China's Jingtang port on A...

China finishes 85% of coal overcapacity cutback target of 2017

2017-08-18 15:41:00 Policy sxcoal.com

China has retired 128 Mtpa of coal capacity or 85% of the 2017 target by end of July this year, with 17 Mtpa of the outdated capacity...

Coal stock at India's private power plants dips after critical railway line shuts

2017-08-18 15:37:00 Company,  International financialexpress.com

Coal stocks at some private thermal power plants, which receive the fuel from Central Coalfield Ltd (CCL), have reached precarious le...

Weekly global coal market news summary (Aug 14-Aug 18)

2017-08-18 10:53:00 General sxcoal.com

UK Jun thermal coal imports fall to 5-mth low The UK imported 156,726 tonnes of thermal coal in June, the lowest amount since J...

China's newly-added thermal capacity down 33.9% in first 7 mths

2017-08-18 10:41:00 Production & Sales sxcoal.com

China added 18.84 GW of thermal power generating capacity in the first seven months, down 33.9% from the preceding year, showed data ...

Chinese central SOEs accelerate capacity cut steps

2017-08-18 10:11:00 Policy,  Company sxcoal.com

China's central government-administrated state-owned enterprises (SOEs) have been accelerating steps in slashing surplus coal and ste...

China apprenticed to Portugal's EDP for clean energy

2017-08-18 09:26:00 General,  Company asia.nikkei.com

China Three Gorges (CTG), a Chinese state-owned energy company, bought 49% of Energias de Portugal (EDP) 's share of Portugal's large...

China's key steel mills Jul daily output down 1.46% MoM, CISA

2017-08-18 09:03:00 Production & Sales sxcoal.com

Daily crude steel output of China's key steel mills dipped 1.46% from June to 1.85 million tonnes in July, according to data released...

Jizhong Energy H1 net profit soars 62 times on yr

2017-08-18 08:50:00 Company,  Cost & Profit sxcoal.com

Jizhong Energy Resource Co., Ltd, a listed arm of Jizhong Energy Group, gained net profit of 571 million yuan ($85.5 million) in the ...

China coking coal, iron ore futures rallying

2017-08-18 08:48:00 Coking Coal,  Iron Ore,  futures ft.com

Iron ore futures clawed back much of the week's previous losses and coking coal contracts hit a new high for 2017 in China on August ...

China's energy guzzlers Jan-Jul power use up 6% YoY

2017-08-18 08:41:00 Production & Sales sxcoal.com

Power consumption of China's four energy-intensive industries rose 6% on year to 1038.1 TWh in the first seven months of the year, co...

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Editors Recommendations

1 China finishes 85% of coal overcapacity cutback target of 2017 2017-08-18

China has retired 128 Mtpa of coal capacity or 85% of the 2017 target by end of July this year, with 17 Mtpa of the outdated capacity kicked out in the month, showed data from China National Coal Asso

2 China's Jingtang port embraces first coal containers train 2017-08-18

With hooting whistle piercing the silence, the first train loaded with coal containers arrived at northern China's Jingtang port on August 15, local media reported, marking coal trucks henceforth step

3 China apprenticed to Portugal's EDP for clean energy 2017-08-18

China Three Gorges (CTG), a Chinese state-owned energy company, bought 49% of Energias de Portugal (EDP) 's share of Portugal's largest wind farm cluster for 248 million euros ($290 million) at the en

4 Shanxi halts coal mines after landslide accident; supply may tighten 2017-08-17

North China's coal-rich Shanxi province has ordered production halts at coal mines, mainly opencast mines, operating in Heshun County, Jinzhong city, after a deadly landside accident.

5 Slowing demand points to further weakness in China thermal market 2017-08-17

Utilities showed waning zest in buying thermal coal as their coal burns slid after recent peak, a sign of further ease-off in prices. Daily coal burn at the top six coastal utilities drop

6 China prolongs customs clearance for Mongolian coal 2017-08-16

The customs clearance for Mongolian coking coal imported into China has been prolonged since the Naadam Festival in Mongolia in mid-July. It now takes at least one month to finish customs

7 China to integrate coal and power resources to cut overcapacity 2017-08-15

Chinese government bodies are pushing restructuring in the field of coal and electric power so as to fend off coal-fired power overcapacity, according to a statement released on the official website o

8 World's largest floating solar farm starts operation in Anhui 2017-08-15

A gigantic 40-MW floating solar farm has started generating power in Huainan, a coal-rich city in eastern China's Anhui province, which could power about 15,000 households a year. More th

9 Thermal coal prices remain range-bound in Inner Mongolia 2017-08-15

Thermal coal prices generally stayed a plateau in China's coal production base of Inner Mongolia, with a slight fluctuation of 5-10 yuan/t. Miners reported sales and stock situation remained almost th

10 China coal bases expedite high-quality capacity release 2017-08-15

China's top coal producing provinces are speeding up releasing of high-quality mining capacity recently, in response to the call of the National Development and Reform Commission, aiming to address cu

Most Read News Stories

1 China Jul coke exports down 1.37% MoM 2017-08-08

China exported 0.72 million tonnes of coke and semi-coke in July, dipping 1.37% from the month prior and 34.55% from the year-ago level, according to the data from the General Administration of Custom

2 China Shenhua, GD Power not resume trading as expected 2017-08-07

China Shenhua Energy Co., Ltd. and GD Power Development Co., Ltd. didn't resume stock trading as expected since two months ago amid merger matters of their parent companies ‒ Shenhua Group and China G

3 China coal-fired power plant issues green bonds 2017-08-07

A power producer in the city of Tianjin has issued "green bonds" worth 1 billion yuan ($150 million) to finance a 2,000-MW coal-fired power plant, a move slammed by an environmental group for divertin

4 US Jun coal exports total 6.6 mln T, up 34.7% on yr 2017-08-07

US coal exports totaled 6.6 million tonnes in June, up 1% from May and 34.7% from the same month a year ago, according to US Census data released on August 4. For the first six months of

5 Chinese coal producers report better profits in H1 2017-08-07

Coal producers in China have reported impressive profits for the first half of this year, Xinhua News Agency reported on August 7. Of China's 37 listed coal companies, more than half have

6 Coal India to halve offer under e-auction 2017-08-08

Coal India has decided to halve its offer under e-auction from 300 million tonnes during 2016-17 to around 150 million tonnes this year, which will increase supply to fuel-starved power plants, the Ec

7 U.S. submits formal notice of withdrawal from Paris climate pact 2017-08-07

The U.S. State Department has officially informed the United Nations it will withdraw from the Paris Climate Agreement in a document issued on July 4, but left the door open to re-engaging if the term

8 Xinjiang solar power curtailment rate down to 25.7% in H1 2017-08-07

Solar power idled decreased to 1.65 TWh in northwestern China's Xinjiang Uygur autonomous region in the first half of this year, with curtailment rate down to 25.7% from 31.8% a year earlier, said Xin

9 China Jul PPI up 5.5pct on yr 2017-08-09

China's producer price index rose 5.5% from a year earlier and up 0.2% from a month ago in July, showed data released by the statistics bureau on August 9. Soaring prices of commodities s

10 Yancoal shareholder lodges complaint over raising for $2.69 billion Rio coal deal 2017-08-09

Hedge fund Senrigan Capital Management has asked Australian regulators to intervene in Yancoal Australia's efforts to fund its $2.69 billion purchase of the Coal & Allied division of Rio Tinto, sa

Most Read Analysis & Comments

1 China's coal imports soar as India's stumble in Jul 2017-08-04

China's imports of coal from the seaborne market surged again in July, providing a stark contrast to a fourth consecutive monthly decline for India, said Clyde Russell, one columnist with Reuters in a

2 China coal bases expedite high-quality capacity release 2017-08-15

China's top coal producing provinces are speeding up releasing of high-quality mining capacity recently, in response to the call of the National Development and Reform Commission, aiming to address cu

3 Chinese state planer calls for vigorous coal supply for utilities 2017-08-11

Chinese state planner the National Development and Reform Commission (NDRC) said it will take vigorous measures to secure coal supply for power plants, as rallying coal prices and tight supply have ar

4 China coastal thermal coal prices fluctuate at high level 2017-08-02

Thermal coal prices hovered at high level at China's northern ports, buoyed by strong coal burn at utilities and short supply from mines. Coal stockpiles at power plants under the six coa

5 China thermal coal market shows signs of stabilization 2017-08-10

Thermal coal prices showed signs of stabilization in China after rising for four weeks, as market players expected demand from utilities to gradually cool off amid fading heatwave. Trader

6 China traders uphold thermal coal prices amid wait-and-see sentiment 2017-08-11

Most traders opted to uphold thermal coal prices in China amid solid demand from inland utilities, yet there's a growing wait-and-see sentiment on worries of slide in utility coal burn as the weather

7 Slowing demand points to further weakness in China thermal market 2017-08-17

Utilities showed waning zest in buying thermal coal as their coal burns slid after recent peak, a sign of further ease-off in prices. Daily coal burn at the top six coastal utilities drop

8 China's six coastal utilities coal stocks hit 3-mth low 2017-08-11

China's six major coastal power utilities saw their coal stocks keep going down since entering August when air conditioners were still exhaling cold air. On August 10, sxcoal.com data sho

9 China Coal Daily Track (Jul 29) 2017-07-31

Thermal coal Domestic market Thermal coal prices continued to nudge up at major production bases, with sales heard favorable and basically no stocks at mines. The mine-mouth p

10 China Coal Daily Track (Aug 11) 2017-08-11

Thermal coal Domestic market Except a 10 yuan/t price rise for some salable coal grades, prices of most thermal coals remained stable in northern Shanxi, where miners reported low stocks