Energy report, Chemical report,News & Commentary, Market Price, JLC database

China steam coal prices rocket amid tight supply, strong demand

Beijing (JLC), September 29, 2021--China’s steam coal market is in a deep backwardation, with spot prices significantly higher than futures prices, which indicates strong bullishness in the spot market.

09-29-2021 18:41:26

Steam coal price kept downtrend in the short run

Traders cut offers in these days and they sold some resources at low prices, weakening steam coal market prices.

11-15-2017 14:49:41

Four factors boosted steam coal price

Coal supply was tight and coal consumption volume at coastal power plants was higher. Vessels at anchorages increased with high freight rate. Futures price remained high. All these factors drove up steam coal price.

09-22-2017 17:11:47

Steam coal market picked up in off-peak season amid the tight supply and demand

Steam coal price rose these days. The latest BSPI (Bohai-rim Steam Coal Price Index) was quoted at CNY580/mt, up CNY1/mt, seeing the first rebound after three-consecutive-week decline. Traders stood firmly by their offers, due to some coal resource shortage at China northern ports.

09-19-2017 08:36:51

China will see decline in steam coal import price in October

The imported steam coal prices in China are expected to dip in October, 2017 with China coal imports dropping in the second half of 2017. In addition, power generation cost of Essar, Tata and Adani Groups declined.

08-28-2017 14:01:05

Bullish factors sustained in steam coal market

In middle to late July, the tight supply in steam coal market was eased with steam coal prices edging down at ports around Bohai, as relevant departments called for speeding up the release of advanced capacity. However, bullish factors will sustain in steam coal market.

08-28-2017 13:53:22

Bullish sentiment sustained in coking coal market with port steam coal price inching down

Steam coal market at ports kept downtrend these days with flat transactions, and power plants reduced steam coal procurement from market due to the long-term coal contracts. Coking coal companies were bullish for the future market with smooth sales amid the fat profit in steel plants.

08-22-2017 17:36:19

Steam coal market went down amid the bearish factors

Spot market: China steam coal spot market remained weak. Steam coal prices in main producing regions kept firm amid the smooth sales. But port steam coal prices continued falling amid the lukewarm transactions.

08-21-2017 10:45:43

The spot steam coal prices surged amid strong demand

Ex-stock prices of steam coal continued rising in July. Coal supply in the main producing regions will keep tight in the short run and futures prices of steam coal will go up amid strong demand.

07-27-2017 14:10:45

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

Cautious sentiment arises in steam coal market

The following factors triggered cautious sentiment, which may curb the spot steam coal price growth at northern ports.

06-28-2017 15:04:41

Steam coal rebound marks price growth in short term

Steam coal prices rebounded rapidly and de-capacity activity of coal went ahead faster than expected these days, and steam coal prices will continue rising propped up by many favorable factors.

06-21-2017 17:45:33

Steam coal market picks up with stable coal prices

The experts predict steam coal prices will climb and stabilize in the short run. On June 12th, according to the latest data issued by China Coal Transportation & Sale Society (CCTS), coal stockpiles at Qinhuangdao dipped to 5.31 million mt and coal price stayed unchanged at CNY565/mt,

06-14-2017 10:19:42

Steam coal prices move downward amid the sluggish demand

Raw coal output grew positively in March, 2017 and gained 9.9% in April with the promotion of supply side structural reform. According to the data issued by the National Bureau of Statistics, China raw coal output in April

06-06-2017 16:20:58

Steam coal market may encounter turning point in June

Market participants mainly held wait-and-see attitudes about the current domestic steam coal market. Accordingly, with environmental protection inspection groups leaving Shanxi gradually, run rate of the pithead coal plants and coal cleaning plants will be improved

05-24-2017 09:40:43

Steam coal market downtrend will continue amid capacity release

In May, with the cancel of the 276 working-day rule, coal mines capacity in the main producing areas of steam coal released gradually, especially in Inner Mongolia and Shaanxi, coal supply kept loose; domestic steam coal market downtrend remained unchanged

05-11-2017 18:03:29

Steam coal prices are predicted to drop amid the unrecovered port inventory

With the production resumption of coal enterprises, pithead coal inventory grew slowly and the tight supply situation that emerged in March got changed. Unit maintenance of power plants was still in the progress and they held weak purchasing intentions.

04-25-2017 10:06:40

Steam coal prices may not slump despite the weak spot market

Steam coal inventory kept rising in major ports and the overall transacting prices went down. Downstream power plants did not have great intentions to purchase coal from market and held wait-and-see attitudes. It is the slack season for steam coal industry in the first quarter

04-20-2017 15:36:32

Six power plants’ steam coal inventory rallies to 10.40 million mt

On April 19th, steal coal inventory of six major power plants reached 10.40 million mt, gaining 1.189 million mt or 12.9% from 9.211 million mt on April 11th. As for April 19th, daily coal consumption of six major power plants kept at 656,000 mt and coal inventory can run 16 days.

04-20-2017 10:51:35

Steam coal price edges down and coking coal market is worse than expected

With the upcoming slack season of coal consumption, coal prices went down despite the intensive safety check in partial coal producing areas, and steam coal prices began to nudge down.

04-18-2017 15:28:05

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China