• Weekly China coal market news summary (Oct 23-Oct 27)

    sxcoal.com Price,  Import & Export,  Production & Sales,  Thermal Coal,  Coking Coal 2023-10-27 16:55:50

    China portside thermal coal prices edge lower, close to early-Oct level

    Spot thermal coal prices continued to fall at northern China ports in the midweek, due to persistently sluggish demand from end users. High stockpiles at ports also compelled traders to accelerate sal

     

    China's coking coal market falters amid coke price cut worries

    China's coking coal market continued to face downward pressure as miners grappled with weak demand led by a potential price reduction in the downstream coke market. In response, they tried to cut sell

     

    Chinese listed coal cos post further profit drop in Q3 on weak prices

    Profits of listed coal enterprises in China continued to decline in the third quarter of the year, hit by decline of coal prices amid softened demand.According to Pingdingshan Tianan Coal Mining Co. L

     

    Xinjiang's outbound coal shipment further blends in domestic market

    Northwestern China's Xinjiang Uygur autonomous region achieved another breakthrough in coal outbound shipment after delivering the fuel to Henan, a major coal-producing province in central China.On Oc

     

    China's coal mining and washing industry profit down 26.5% YoY in Jan-Sep

    China's coal mining and washing industry earned a total profit of 578.30 billion yuan (around $79.04 billion) in the first nine months of the year, falling 26.5% year on year, according to data from t

     

    China's Top 10 coal miners' output up 3.38% YoY in Jan-Sep 2023

    China's 10 largest coal mining groups (in terms of production) produced 1.77 billion tonnes of raw coal during January-September 2023, rising 57.94 million tonnes or 3.38% year on year, according to s

     

    China's listed power cos reap strong 3Qs growth forecasts

    International thermal coal prices generally declined in the past week featuring lackluster supply and demand dynamics.Continued geopolitical tensions in the Middle East, restrained production and ship

     

    Review: China's 3Qs thermal coal imports hit new high

    China's cumulative thermal coal imports surged year on year in the first three quarters of 2023 to reach over 260 million tonnes, breaking the previous record set in 2021, the latest customs data show

     

    Review: over half of Chinese provinces see YoY coal import growth in Sep

    The year-on-year growth of China's coal imports significantly narrowed to less than 30% in September compared with 50.5% in the preceding month, yet the volume still hit the highest for the same perio

     

    Inner Mongolia 3Qs daily coal output stands above 3 Mt

    Inner Mongolia produced 898 million tonnes of raw coal in January-September 2023, which ranked second in the country, according to a report from local news agency.The total volume accounted for one fo

     

    Shanxi Jan-Sep coal output up 4.5% on yr

    Northern China's coal-rich Shanxi province churned out 1.01 billion tonnes of coal during January-September, a 4.5% rise year on year, showed data released by the provincial statistics bureau on Octob

     

    Xinjiang Baiyanghe mining area approved to build dedicated rail line

    A dedicated railway line was officially approved on October 18 to construct located in Baiyanghe mining area, Hutubi county, Xinjiang Uygur autonomous region, according to Shandong Coal Industry Assoc

     

    (Writing by Rebecca Liu  Editing by Harry Huo)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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