China thermal coal prices soar on bargain hunting; high stock poses challenge

China's portside thermal coal market soared in the mid-week, driven by strong demand from buyers seeking bargains, but high inventories posed a challenge to the sustainability of the uptrend.Low- and

NE China power plants have sufficient coal stocks to deal with wintry weather

Coal stockpiles at 34 railway-fed power plants in northeastern China's Heilongjiang province and Hulunbuir city, located in Inner Mongolia and bordering Heilongjiang, are maintained at a peak level, l

China Oct coal imports drop to 8-mth low yet at multi-yr high for same mth

China's coal imports witnessed another year-on-year increase in October but declined further from the previous month, in line with Sxcoal's previous prediction. The coal intakes in the month notched t

China's coking coal prices firm up; cokemakers eye price hike

Continued price rallies were observed in China's coking coal market on November 9 on the back of concentrated purchases from coke companies and middlemen, as well as a slight tightening of overall sup

QHD port's high coal stocks highlight downstream weaknesses

Coal inventories at Qinhuangdao, a major coal shipping port in northern China, have increased at a faster pace recently, highlighting weak demand from utilities and industrial end users.Stocks at the

Daqin Oct coal shipments post drastic YoY growth on low base

Daqin railway, a major channel shipping coal from production areas to transfer ports in China, shipped 34.84 million tonnes of coal in October, surging 86.41% on the year, according to operator Daqin

China vows to ensure energy security this winter

China's Vice Premier Ding Xuexiang said the country will take all necessary measures to guarantee energy security this winter and next spring, Xinhua News Agency reported on November 9.Speaking during

Shanxi Coking Coal starts first blending coal export

Shanxi Coking Coal Group Co., Ltd. exported the first vessel of 44,000 tonnes of blending coal produced in its blending base in Rizhao, Shandong on November 8.The vessel MV.XINHAITONG10 is en route to

Inner Mongolia receives approval for general plan of coal mining area

The National Development and Reform Commission has approved the general plan of a large coal mining area in Ordos of Inner Mongolia, in a move to accelerate the release of advanced production capacity

Coal stocks at CR Harbin-supplied power plants able to cover 50 days of usage

Coal stocks held by 34 power and heating plants directly supplied by China Railway Harbin Group stayed at a high level of 7.31 million tonnes as of November 8, enough for 50 days of usage on average,

(Writing by Rebecca Liu  Editing by Harry Huo)
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