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    Weekly China coal market news summary (Dec 4-Dec 8)

    sxcoal.com Price,  Import & Export,  Production & Sales 2023-12-08 17:25:44

    China's thermal coal market remains stable; turning point may emerge

    China's portside thermal coal market has stayed stable in recent days, due to subdued demand. However, traders are anticipating a potential turnaround over the weekend as temperatures are predicted to

     

    China to further enhance coal reserve system with new draft on mine capacity reserve

    China has been working to enhance its coal reserve system in an effort to secure supplies and stabilize prices, and the newly released draft on building capacity reserve at qualified coal mines would

     

    China's coking coal prices likely to plateau as prudence grows

    China's coking coal market is poised to reach a plateau, with price rally waning alongside the growing prudence in procurements from downstream users and middlemen.On December 7, the CCI indexes for S

     

    China Nov coal imports climb to 3rd highest in history

    China's coal imports extended the year-on-year growth in November to reach the third-highest level in history, the latest customs data showed.China imported 43.51 million tonnes of coal over November,

     

    NDRC: China's coal supply and demand expected to remain stable in 2024

    China's coal supply and demand is expected to remain stable next year, according to Tang Shemin, an official of the National Development and Reform Commission's Economic Operation Department. Speaking

     

    400 Mt coal contracts signed on 1st day of 2024 China coal trade fair

    Thirty-two major coal producers and end users signed medium- and long-term coal supply contracts totaling 400 million tonnes or so on the opening day of the 2024 China Coal Trade Conference.Organized

     

    China aims to establish coal production capacity reserve system by 2027

    China plans to preliminarily set up a coal production capacity reserve system by 2027, aiming to stabilize prices and enhance supply of the material, according to a draft plan issued by the National D

     

    Daqin Jan-Nov coal shipment hits 4-yr high

    Daqin railway, a major channel shipping coal from production areas to transfer ports in China, delivered 37.66 million tonnes of coal in November, soaring 64.45% on the year, according to operator Daq

     

    QHD port coal stocks down mildly as outflows rebound

    Coal inventory at China's major transshipment port of Qinhuangdao dropped moderately last week, as cold air pulled up outflows to exceed inflows.Qinhuangdao's coal stocks stood at 6.15 million tonnes

     

    China delivers promise of stopping building new coal-fired power plants aboard

    China has completely stopped building new coal-fired power plants aboard, said Vice Premier Ding Xuexiang during the UN COP28 in Dubai, a move exhibits the second-largest economy's responsibility to c

     

    (Writing by Rebecca Liu  Editing by Harry Huo)
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