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BSPI drops to CNY577/mt on multiple factors

BSPI (Bohai-Rim Steam Coal Price Index) closed at CNY577/mt on January 23rd, down CNY1/mt WoW.

01-25-2018 16:59:57

Steam coal price around Bohai gains CNY3/mt WoW

On June 28th, BSPI (Bohai-rim Steam Coal Price Index) for 5,500 kcal/kg steam coal closed at CNY577/mt, up by CNY3/mt WoW, seeing a total rise of CNY15/mt for three consecutive weeks. Reasons are as follows.

06-29-2017 17:15:10

BSPI dips CNY3/mt WoW to CNY593/mt

On May 17th, BSPI (Bohai-Rim Steam-Coal Price Index)—average price of 5,500 kcal/kg waterborene coal around Bohai was quoted at CNY593/mt, dipping CNY3/mt on the week, the eighth-consecutive-week drop.

05-18-2017 14:52:00

Coke price dips CNY66.4/mt in early May to CNY1,731.6/mt

According to the latest data of the National Bureau of Statistics of the PRC, coke price (the second grade metallurgical coke) read CNY1,731.6/mt in early May, down by CNY66.4/mt or 3.7% from that in late April, the first decline since March, showing coke prices may go down in May.

05-16-2017 18:04:46

Coal prices may fall to CNY600/mt amid the weak supply-demand in coastal market

In April, affected by railway maintenance and the slack season of coal consumption, port coal kept balanced between inbound and outbound volume and coal inventory remained stable with the dropping anchored vessels.

04-25-2017 14:13:32

BSPI drops CNY1/mt WoW to CNY605/mt

On March 28th, BSPI (Bohai-rim Steam Coal Price Index) was quoted at CNY605/mt, dipping CNY1/mt WoW, ending rising situation for four straight weeks.

03-30-2017 14:51:08

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

Shenhua 5,500 kcal/kg steam coal price rises to CNY683/mt

Shenhua 5,500 kcal/kg steam coal price gained CNY29/mt to CNY683/mt on March 22nd, the latest news showed.

03-28-2017 15:35:27

CNCA: Domestic coal price at CNY500-600/mt is acceptable

It was acceptable for coal producers, power plants and government that coal prices kept at CNY500-600/mt, said Tian Hui, vice chairman of China National Coal Association (CNCA).

03-28-2017 11:13:14

BSPI gains CNY7/mt WoW to CNY606/mt

On March 21st, BSPI (Bohai-rim Steam Coal Price Index) was quoted at CNY606/mt, up by CNY7/mt WoW and saw a total rise of CNY19/mt. which was the fourth growth on a weekly basis.

03-23-2017 16:25:06

Steam coal prices to rise to CNY600/mt in slack season

Steam coal prices dropped as insiders’ expectations after the Spring Festival holiday, but it grew suddenly after the Lantern Festival. Some coal analysts thought the stable coal price would be the key in 2017 and roller coaster situation will not emerge again.

03-02-2017 17:39:26

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

Shenhua Group: Coal prices might keep at around CNY550/mt in 2017

5,500 kcal/kg steam coal prices are predicted to stay at around CNY550/mt FOB Qinhuangdao Port in 2017

12-26-2016 15:59:08

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

Shanxi allocates CNY947.78 mln special fund to support six large coal firms' capacity cuts

The Shanxi Provincial Department of Finance allocated CNY947.78 million 2016 industrial enterprise restructuring special fund to six coal majors including Datong Coal Mine Group and Shanxi Coking Coal Group to support their overcapacity cut campaign the other day.

10-13-2016 14:08:21

Guoneng Xinxing Energy inks CNY42 bln investment agreements in coal chemical projects

Fuxin Project, with its location still being a green ground, is in the preparatory period, with no concrete investment made. In addition to Fuxin Project, Guoneng Xinxing Energy’s over CNY40 billion worthy of other coal chemical projects are still under examination.

09-27-2016 14:16:34

CNY6 bln worthy of coal chemical project settles down in Ordos

A launch ceremony on the Coke-Chemical Co-production Phase II Project, jointly invested by Inner Mongolia Otog Banner Jianyuan Coal, Coke and Chemical Company (Jianyuan Company) and Hong Kong China Coal-based Gas Company, was held on September 10th.

09-14-2016 17:15:25

Shaanxi Coal Selling and Transportation lifts local coal prices by CNY50-130/mt

Coal Selling and Transportation) said on September 12th on its website that it raised major coal variety prices by a range of CNY5-40/mt for local sales on September 9th. Month to date, its local coal prices had risen by CNY50-130/mt.

09-12-2016 17:57:35

China Coal Energy's H1 revenue from coal chemical product sales drops by CNY545 mln YoY

In the first half of 2016, China Coal Energy Co., Ltd generated CNY26.3 billion of revenue, dropping by 11.6% on the year. In particular, revenue from coal chemical product sales declined by CNY545 million from a year before in H1, owing to a yearly drop in coal chemical product prices.

08-26-2016 15:50:26

55 thermal power plants in Shanxi see H1 profits drop by CNY2.21 bln YoY

Declining facility utilization time translated into a direct decrease in power plants’ operation revenue and profits. In H1, 2016, 55 thermal power plants under the Shanxi Power Dispatching Center saw profits drop by CNY2.211 billion from a year ago to CNY330 million.

08-24-2016 11:44:05

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