• Weekly China coal market news summary (Feb 4-8)

    sxcoal.com General 2024-02-08 17:00:04

    Summary: coke & steel-related initiatives in major Chinese provinces' 2024 work plans

    China's major provinces and regions have recently released their government work reports, reflecting on their achievements in 2023 and outlining objectives for 2024. Below is a summary of key points r

     

    Summary: coal-related initiatives in major Chinese coal provinces' 2024 work plans

    In the recent local political meetings, regional governments in China have outlined their work plans for 2024. Here is a summary of key initiatives related to coal from major coal-producing provinces:

     

    Sxcoal upgrades data services for enhanced industry insights

    In our ongoing commitment to better cater to user needs, we have recently undertaken an expansion and enhancement of our data services for the coal, electricity, and metallurgical industries.This incl

     

    China issues new regulation to boost coal mine safety

    China has unveiled a new regulation aimed at strengthening safety practices at coal mines across the country.The regulation, signed by Premier Li Qiang and set to take effect on May 1, seeks to reduce

     

    China releases carbon emissions trading regulations

    Chinese Premier Li Qiang has signed a decree of the State Council, introducing new regulations governing carbon emissions trading, which will come into effect on May 1, 2024, Xinhua News Agency report

     

    China's portside thermal coal prices may not rebound as expected

    While many traders are inclined to an upward trend after the Chinese New Year holiday, China's domestic thermal coal prices may not rise as considerably as they expected, or even there would be a down

     

    China's coking coal market stays muted on holiday effect

    China's coking coal market witnessed another quiet session on February 7 as most participants have left the market for the Chinese New Year holiday, which starts late this week.No clear price moves we

     

    Monthly: China's Jan coking coal prices move down amid increased supply

    China's coking coal prices declined in January as suspended mines gradually restored normal operations, lifting supplies, and traders also sped up destocking as the Chinese New Year holiday drew near.

     

    Monthly: China Jan lump anthracite prices decline amid bearish sentiment

    China's lump anthracite market remained weak in January, since most end-buyers purchased on a need-to basis only. The market continued to see loose supply last month, and coal prices accordingly dropp

     

    QHD, N ports' coal stocks accumulate on extended closures

    Coal inventory saw a notable increase at China's major transshipment port of Qinhuangdao this week. The inflows, which were boosted by normal term-contract shipment at large mines, outpaced the outflo

     

    China's coastal coal freight rates decline further amid subdued demand

    Coal freight rates on China's coastal sea routes experienced a notable decline during the past week due to lack of favorable support in the run-up to the Spring Festival.The China Coastal Coal Freight

     

    Daqin Jan coal shipments down 3.85% YoY

    Daqin railway, a major channel shipping coal from production areas to transfer ports in China, shipped 34.42 million tonnes of coal in January, falling 3.85% on the year, according to operator Daqin R

     

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

    Share this article
    Connect with us

    Editor's Pick

    1 China futures market updates at close (Feb 8) 2024-02-08

    Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.

    2 Indonesian low-CV thermal coal prices edge up as Chinese tender prices rise 2024-02-08

    Indonesian low-CV thermal coal rose slightly this week despite light demand from Chinese traders who were leaving their desks for the Chinese New Year holiday. The momentum was mainly gained from a ri

    3 China's coking coal mines see output, inventory fall as holiday nears 2024-02-08

    Coking coal output continued falling in China's major production areas, as more mines suspended extraction for the Chinese New Year holiday break. Inventories at mines also decreased amid output contr

    4 Newcastle port Jan coal exports up over 30% on yr 2024-02-08

    Newcastle port, the world's largest coal port located in Australia's New South Wales, registered an obvious year-on-year increase of coal exports in January, despite falling from the previous month's

    5 Weekly global coal market news summary (Feb 4-8) 2024-02-08

    Newcastle coal prices fall after two-day rally as supply outlook weighsNewcastle thermal coal futures slipped on February 6, pulling back from a two-session gain, as higher projected output from major

    6 Weekly China coal market news summary (Feb 4-8) 2024-02-08

    Summary: coke & steel-related initiatives in major Chinese provinces' 2024 work plansChina's major provinces and regions have recently released their government work reports, reflecting on their achie

    7 China's PPI, CPI drops abate in Jan, yet economic concerns persist 2024-02-08

    China's producer price index (PPI), gauging the cost of goods at the factory gate, fell 2.5% year on year in January, compared with a 2.7% decrease a month ago, official data showed on February 8.On a

    8 Russian coal exports to SE, S Asia surge in 2023, Kpler 2024-02-08

    Exports of Russian coal to Southeast and South Asian countries soared in 2023 after supplies to the EU were banned due to the Russia-Ukraine conflict, according to data from the cargo-tracking firm Kp

    9 China Coal Daily Track (Feb 8) 2024-02-08

    Thermal coalProduction area Most private mines in main producing regions have suspended operations for the Chinese New Year holiday, while those state-owned mines were still dedicated to term contract

    10 Australia Jan coal exports down 13.58% on mth, Kpler 2024-02-08

    Coal exports from Australia decreased 13.58% month on month to 29.06 million tonnes in January, which was still 5.72% higher than the year-ago level, according to cargo tracking data from Kpler.Japan

    Most Read Articles

    1 China's coking coal production falls fast as holiday nears 2024-02-05

    Coking coal production continued falling in China's major production areas, as more miners suspended mining activities for holiday breaks and snowfall-disrupted transportation.Sxcoal's tracking data s

    2 China's thermal coal market remains stable amid waned trading activity 2024-02-06

    With waning trading activity at mines and ports, China's domestic thermal coal market continued to be flat ahead of the Chinese New Year holiday starting late this week, but insiders held a bullish vi

    3 China met coal market in figures (Feb 7) 2024-02-07

    China coking coal, met coke and steel market key figures in focus.

    4 Review: S Africa's 2023 coal exports still below pre-pandemic level 2024-02-06

    South Africa's coal exports in 2023 increased for the second consecutive year, but still lower than the pre-COVID level. In December, coal exports registered a substantial increase to an eight-month h

    5 China Coal Daily Track (Feb 7) 2024-02-07

    Thermal coalProduction area More mines in main producing regions were seen to suspend for the Chinese New Year holiday, while those still running focused on term contract fulfillment. Both supply and

    6 S Africa's Eskom faces future coal shortfall of up to 700 Mt 2024-02-05

    South Africa's state-owned power utility Eskom is projected to experience a coal shortfall ranging from 650 million to 700 million tonnes until 2050.However, this shortfall presents a potential opport

    7 Int'l thermal coal prices remain under pressure as demand lags 2024-02-06

    International high-CV thermal coal prices continued moving downward last week, curbed by sluggish demand in Europe and the Asia-Pacific region, where stockpiles were sufficient.Nevertheless, Indonesia

    8 Monthly: China Jan lump anthracite prices decline amid bearish sentiment 2024-02-04

    China's lump anthracite market remained weak in January, since most end-buyers purchased on a need-to basis only. The market continued to see loose supply last month, and coal prices accordingly dropp

    9 China issues new regulation to boost coal mine safety 2024-02-04

    China has unveiled a new regulation aimed at strengthening safety practices at coal mines across the country.The regulation, signed by Premier Li Qiang and set to take effect on May 1, seeks to reduce

    10 Coal imports at China's Ceke border port jumps 143.4% YoY in Jan 2024-02-06

    Ceke border crossing, China's second-largest inland port with Mongolia, imported 1.83 million tonnes of coal in January 2024, surging 143.4% from the year ago, showed data from local authorities.In Ja

    中文字幕在线播放