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China Sep.-end crude oil stocks climbed 0.47%

China's crude oil inventories, excluding reserve inventories, at the end of September climbed 0.47% from a month earlier; gasoline, diesel and kerosene stocks slid 2.72% month on month, of which gasoline stocks fell 2.18%, diesel stocks declined 5.12%, while kerosene stocks gained 5.0%.

12-05-2014 08:23:35

China Oct.-end crude oil stocks slid 0.73%

China's crude oil inventories, excluding reserve inventories, at the end of October edged down 0.73% from a month earlier; gasoline, diesel and kerosene stocks slid 5.88% month on month, of which gasoline stocks fell 5.39%, diesel stocks declined 4.9% and kerosene stocks dropped 11.1%.

12-05-2014 08:21:40

China released formal estimate of strategic petroleum reserves for the first time

The National Bureau of Statistics said on November 20 that the first stage in building its strategic reserves has been completed, with the crude oil reserves up to 12.43 million mt, about 91 million barrels at the four bases.

12-05-2014 08:19:49

Hope Dims for OPEC Output Cut, Crude Oil Futures under Pressure

On November 18, global oil market was of adequate supply and Goldman Sachs reported OPEC output cut was not in the interest of its members, putting oil prices under more pressure and driving global crude oil futures prices lower further.

11-19-2014 17:46:18

China Industry Data Unsound, Crude Oil Market Flagging

On November 13, crude oil market moved down further against the background of unsound China industry data as well as the wait for EIA's report on crude oil stocks.

11-17-2014 09:18:43

QHD Coal Inventory Rose to 5.5 mln mt on Flat Shipment

Coal stockpiled at Qinhuangdao Port, a major transfer port of coal, has rebounded recently, as inbound supply from coal-dedicated Daqin railway returned to normal, while outbound shipment stayed flat after large miners’ price hikes.

11-13-2014 16:40:10

Top Four Coal Enterprises to Raise Nov. Price by CNY15/mt

China Coal Transportation & Sale Society and the top four coal enterprises held a joint conference on October 30, as per which the seaborne steam coal price will be raised by CNY15/mt. It is said that the policy of raising coal price will be announced on November 1st.

10-31-2014 15:48:59

Coal Import Tariff Influence May Fade

As Australian coal will be exempted from new import tariffs imposed by China when the two countries may sign a free trade pact in November and ASEAN members are not affected by the coal import tariffs, the influence brought about by China’s resumption of coal import tariff may fade.

10-28-2014 15:18:42

BSPI Grew Continuously, Destocking Remained Slow

Bohai-Rim Steam-Coal Price Index (BSPI) closed up CNY7/mt at CNY497/mt on October 22. 5,500 kcal/kg steam coal price has been up to CNY500/mt from CNY478/mt at the end of August, and the price of steam coal futures with delivery month of January 2015 reached CNY516/t too.

10-24-2014 15:31:03

Oct. Coal Price Marked Biggest Annual Rise in Inner Mongolia

The prices of steam coal with high calorific value increased by CNY15/mt month on month in west part of the region, marking the biggest rise this year.

10-24-2014 15:15:04

Inner Mongolia Imported 14.7 million mt of Coal in the First Three Quarters

According to Inner Mongolia Coal Industry Bureau, Inner Mongolia imported 14.7 million mt of coal in the first three quarters of this year, up by 4.7% year on year.

10-24-2014 15:12:28

Shaanxi Sep Coal Output down 7.1% MoM

Shaanxi province produced 46.84 million mt of coal in September, down 7.10% from a month ago. From January to September, it produced 371.90 million mt of raw coal, up by 4.29% from the previous year.

10-20-2014 09:03:08

Beijing to Adopt Strict Air Pollution Control Plan for APEC

Beijing will adopt a special air pollution control plan for Asia Pacific Economic Cooperation (APEC) conference next month, with suspension of factories in the event of a pollution warning.

10-20-2014 09:02:13

China Coal Output at 292 mln mt in Sep, down 7% YoY

According to China Coal Transport and Distribution Association, China produced 292 million mt of coal in September, decreased by 7.0% year on year, the sixth consecutive year-on-year decline.

10-20-2014 09:00:16

Rio Tinto Completes Mozambique Coal Asset Sale

Miner Rio Tinto said Wednesday it had completed the sale of its assets in Mozambique's Tete province to Indian state-run consortium International Coal Ventures Private Limited (ICVL).

10-11-2014 10:09:51

China Sets Coal Consumption Standards for Power Plants

According to sources, China is taking serious initiatives to reduce dependence on coal as it looks ready to unleash unprecedented measures to reduce its greenhouse gas emissions.

10-11-2014 10:02:16

China Thermal Coal Import Outlook Remains Weak

The outlook for thermal coal import demand in China, the world's largest importer, is weak, rating agency Fitch said in its latest industry report.

10-11-2014 09:53:09

China Final HSBC PMI Steady in September

The final HSBC/Markit PMI hovered at 50.2 in September, unchanged from the August’s three-month-low reading, but lower than a preliminary reading of 50.5.

10-11-2014 09:48:48

Shanxi to Remove Coal Inspection Stations by End-2014

Shanxi, one leading coal production base in northern China, aims to remove coal inspection stations at the county level and below by the end of 2014, sources reported, citing insiders with operator Jingneng Group Co., Ltd.

10-11-2014 09:26:43

N. China Ports Coal Storage Remain High

Coal stockpiles at northern China ports stayed at relatively high levels during the weeklong National Day holidays from October 1 to 7, amid persisting weak demand from well-stocked utilities, according to sources.

10-11-2014 09:15:15

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