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China's economy growth holds steady in H1

Beijing (JLC), July 17, 2019--China's economy expanded 6.3 percent year-on-year in the first half of this year, meeting the GDP growth target of 6 to 6.5 percent set for 2019, according to the National Bureau of Statistics.

07-17-2019 09:36:40

Coke producers’ inventory had fallen to the lowest level in 2017

China coke price nearly surged to the highest level of 2016, due to supply shortage of coke producers. Coke plants inventory recorded the lowest level in 2017, and coke market would suffer supply shortage in the short run. As of September 11th, the independent coking plants inventory

09-19-2017 08:31:38

More long-term coal contract was traded at ports, market coal prices may drop

In mid-June, Shenhua Group and China National Coal Group suspended the spot thermal coal sales. On July 11th, in order to guarantee coal using of the long-term coal contract users, Shenhua Trading Group issued the Notice about Stopping Selling the Spot Steam Coal again.

07-14-2017 18:24:29

Coal companies add green energy use to reduce emission and cut cost

The major mining companies including the world’s coal giants are gradually increasing the use of renewable energy to cut cost and reduce carbon emission.

05-22-2017 18:04:01

Tianjin Port together with Yangquan Coal to adjust port coal transport way

Accordingly, Tianjin Port cooperated with Yangquan Coal Industry (Group), Beijing Railway Administration and Baidu Company to formally establish Shanxi (Yangquan) International Inland Port Group, which will open up the green transport channel of coal through railway from Shanxi to Tianjin Port

05-16-2017 14:28:45

VLCC orders in Jan-Mar had exceeded the total in 2016

In the first three months, the global deliveries of VLCC, Suezmax, and Aframac vessels had reached the two-year high level, and meanwhile the total VLCC orders in January-March had surpassed the total in the previous year.

04-18-2017 17:01:33

Port coal inventory around Bohai increases with power plants’ steady procurement

Last week (April 10th-14th), Daqin railway maintenance were still in progress and inbound resources at ports edged up under the guarantee of thermal coal. Affected by the falling demand, rebound volume at ports moved downward in some degree and coal inventory was with mixed trend.

04-18-2017 13:47:33

Steam coal prices to be steady in April

Coal prices at ports and producing areas kept stable generally. As for demand, by end-March, the daily coal consumption of six major power plants still kept high at 670,000 mt, gaining 18.4% YoY; as for supply

04-11-2017 10:27:14

Steam coal prices in producing regions keep steady

In late March, with the release of coal capacity, supply and demand pattern kept loose, weakening the periodic favorable factors, and coal price growth in producing areas stopped. Meanwhile, downstream coal prices slipped amid the price adjustment.

04-11-2017 08:40:25

Asphalt price to be steady in April and May after rising CNY300/mt

As for the domestic asphalt market, after the Spring Festival, the asphalt price in Northern China gained CNY300-500/mt, due to the positive purchase for storing, strong crude futures, market investment rising, import volume reduction of asphalt and other factors.

03-28-2017 17:05:16

Steam coal prices to drop steadily in April

Production resumption increased at coal mines in all regions with the steady rise of coal supply after the two sessions, and coal prices in producing areas dropped from the previous period.

03-27-2017 17:22:13

Power plants’ coal inventory keeps dropping with steady daily consumption

The daily coal consumption at coastal power plants operated steadily at around 650,000 mt with coal inventory keeping falling over March 3rd-9th, 2017. The average coal consumption at six large coastal power plants read 652,000 mt/d, down by 1.2% MoM

03-13-2017 16:09:12

Bohai-rim steam coal price read CNY588/mt

During the period of January 25th-February 7th 2017, Bohai-rim steam coal price was quoted at CNY588/mt, dropping CNY2/mt against the previous period.

02-10-2017 18:45:28

Inner Mongolia coal price kept steady during the Spring Festival

Supply and demand structure of coal market maintained steady generally as the majority of coal trading enterprises were in the holiday during the Spring Festival. Inner Mongolia coal price remained stable and kept the same level as that before the Spring Festival.

02-07-2017 17:49:37

China State Council no longer approves new construction on traditional fuel vehicle manufacturers

12-26-2016 15:51:55

Shaanxi Coal & Chemical, Huadian ink 2017 coal term contract

Shaanxi Coal & Chemical Industry Group signed mid- and long-term steam coal supply contract for 2017 with China Huadian Corporation on November 25th, the company announced on its website on November 28th.

11-30-2016 10:46:15

Coal price likely to retreat with advanced mines starting to expand output

On November 9th, the National Development and Reform Commission gathered related authorities and industrial sources again to study on how to coordinate well in increasing transportation capacity and effective resources, in a bid to stabilize steam coal supply this winter and next spring.

11-11-2016 17:44:25

The 276 workday regulation likely to be loosened to address tight coal supply

With the year drawing to the end, coal capacity reduction has entered homestretch. The National Development and Reform Commission (NDRC) said on October 25th that this year’s coal overcapacity cut target could be achieved beforehand.

10-26-2016 17:11:11

ZCE lifts steam coal contract trading fees to CNY6/lot

The Zhengzhou Commodity Exchange (ZCE) announced on October 24th to lift steam coal transaction commissions from CNY4/lot to CNY6/lot as of the evening trading on October 24th, 2016.

10-25-2016 14:19:55

Advanced coal capacity to account for over 40% in the 13th five year plan period

During the 13th five year plan period,14 coal production bases each with hundred million mt/yr of capacity will hold about 95% of China’s total coal capacity, the number of coal mines will be capped at about 6,000 and advanced capacity will take up about 40% of the total.

10-19-2016 10:10:03

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