• Weekly China coal market news summary (Jan 29-Feb 2)

    sxcoal.com General 2024-02-02 16:57:37

    Survey: Chinese coal mines' CNY holiday shutdowns summary

    Coal mines in China's main producing regions had more freedom to choose when to start holidays due to relatively late Spring Festival this year and not large supply pressure. Some small and medium

     

    China's portside thermal coal edges up on demand

    China's portside thermal coal prices rose modestly, driven by increased demand amid frigid air. Market sources suggested this may be the last opportunity for sellers to raise prices before the Chinese

     

    China's coke prices stay range-bound; Mongolian coking coal auction volumes fall

    China's coke prices remained basically unchanged despite an upbeat bias on concerns about weather-related supply disruptions, according to market sources. Coking coal prices in key producing regions w

     

    QHD, N ports' coal stocks fall further at slower pace

    Coal inventory at China's major transshipment port of Qinhuangdao was fluctuated to move down last week with a narrowed rate. The daily inflows, which were restrained by reduced rail and road shipment

     

    Monthly: China's Jan coastal coal freight rates slump amid subdued demand

    China's coastal coal freight rates drastically declined in January, curbed by slack coal demand amid milder weather.As of January 29, the China Coastal Coal Freight Composite stood at 563.35 points, d

     

    Monthly: China Jan PCI coal market sustains downside amid slack season

    China's PCI coal prices continued moving downward in January due to ample supply from mines and tepid demand from steelmakers.Coal miners reported sluggish sales with steel mills reducing production a

     

    Chinese demand for Indonesian thermal coal may struggle to rebound ahead of holiday

    China's appetite for purchasing Indonesian thermal coal continued to be subdued, showing no signs of improvement merely 10 days before the onset of the Chinese New Year holiday, diminishing expectatio

     

    China's Inner Mongolia coal output hit 1.21bt in 2023

    North China's Inner Mongolia autonomous region churned out 1.21 billion tonnes of coal in 2023, ticking up by 0.2% year on year, as it strives to guarantee the country's energy supply.Coal output in I

     

    Wind, solar power capacity on track to surpass coal in 2024, CEC

    China's installed capacity of wind and solar power is expected to exceed that of coal for the first time in 2024, marking a milestone in the country's renewable energy development, the China Electrici

     

    China's evolved power use mix indicates strengthened new economic driving forces

    China saw quicker growth rate of power consumption in high-tech and equipment manufacturing industry, while the rate of traditional industries was lower than the overall level, underscoring the fact t

     

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

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