• Weekly China coal market news summary (Jan 8-Jan 12)

    sxcoal.com General 2024-01-12 17:04:38

    QHD port coal stocks edge up with outflow curbs

    Coal inventory continued to pick up at China's major transshipment port of Qinhuangdao last week, as outflows was restricted by port closures due to thick fog while inflows increased with production

     

    China's rising thermal coal use and imports drive supply-demand dynamics

    China witnessed a continuous expansion of advanced coal production capacity from 2021 to 2023. The combination of robust output and substantial coal imports led to a relaxation of supply-demand dynami

     

    Shanxi 2023 raw coal output at nearly 1.4 Bt

    China's coal-producing hub Shanxi province churned out 1.37 billion tonnes of coal as of December 29, 2023, provincial media reported. This indicates that Shanxi has completed the annual production tar

     

    China portside thermal coal trades stagnant amid buy-sell spread

    China's portside thermal coal market continued to be stagnant in the middle of the week, as the buy-sell spread remained large despite a marginal downward adjustment in offer prices. Downstream users c

     

    China's 5,000 Kcal coal hovers near 800 yuan as demand subdues

    Prices of thermal coal traded at northern Chinese ports continued edging lower this week, with trading liquidity hard to improve as warmer weather and weak industrial activity dampened demand of the f

     

    Where does China's domestic coking coal market head in 2024?

    China's demand for coking coal increased moderately last year, driven by a rebound in steel demand amid improving macroeconomic environment and the unexpected increase in steel exports. During the firs

     

    China Dec coal imports hit all-time high

    China imported 47.29 million tonnes of coal in December, climbing 53.03% or 16.39 million tonnes from 30.91 million tonnes a year ago, showed data from the General Administration of Customs (GAC).

     

    China's coke market completes 2nd price cut

    China's coke market completed the second round of 100-110 yuan/t price cut quickly on January 10, after two leading mills in Hebei and Shandong joined in the price cut requests. The Hebei-based steel c

     

    (Writing by yan.sun  Editing by Emma Yang)
    For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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