• Weekly China coal market news summary (Feb 18-23)

    sxcoal.com General 2024-02-23 13:26:55

    Shanxi pledges to clamp down on illegal mining, document

    Authorities in China's top coal producing Shanxi province have launched a three-month crackdown on illegal mining practices in a bid to rein in overproduction and enhance safety conditions.All operati

     

    Shanxi's coal production cut may signal capacity utilization normalization

    China's top coal producing province of Shanxi has launched a campaign to crack down on overproduction and other illegal behaviors, a move that could result in a return to normalized utilization of min

     

    China's coking coal futures climb further; spot market remains dim

    Coking coal futures in China rose for the second straight day on February 22, as participants concerned about a potential supply contraction of the cokemaking material in major producing provinces.The

     

    Chinese buyers ramp up seaborne coal imports after holiday

    Chinese traders have strengthened procurements of seaborne imported coal to cover their short positions after returning from the week-long holiday, driving up prices slightly, but market insiders said

     

    Thermal coal prices rise in China's producing regions on shipment disruptions

    Thermal coal prices in major Chinese producing regions started rising after heavy snowstorms earlier in the week disrupted road transportation and weighed on output.Of the 90 coal mines surveyed by Sx

     

    China portside thermal coal trades ease as market awaits supply response

    Trading activity in China's thermal coal market eased on February 20, with some traders expecting prices to stabilize in the near term barring any supply disruptions.Prevailing offers for 5,500 Kcal/k

     

    China's coking coal market under pressure after 3rd coke price cut

    Bearish sentiment arose in the Chinese coking coal market as coking plants became more cautious about raw material purchases after the recent coke price reduction, the third of its kind so far this ye

     

    China's N ports see rapid coal stock drop amidst festive season

    Coal inventories at northern China ports witnessed a fast decline during the just-concluded Spring Festival holiday, despite a rise of temperature in central and eastern China and lower coal use in po

     

    China's major listed coal giants post growth in Jan production

    China's large listed coal companies posted continued growth in coal production last month, according to recently released operational data.In January, commercial coal production of China Shenhua Energ

     

    China-invested coke oven put into operation in Indonesia

    China Risun Group has started operation of the third coke oven at its facility in the Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi province, adding annual capacity by 0.8 million tonn

     

    (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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