• Weekly China coal market news summary (Feb 26-Mar 1)

    sxcoal.com General 2024-03-01 17:01:50

    China's portside thermal coal prices to head lower in early Mar, traders

    China's portside thermal coal prices are expected to trend even lower in early March, traders said, dismissing the potential positive impact of safety inspections ahead of national political meetings

     

    China's coke producers resist further price cuts on consistent losses

    Coke producers in China's major producing regions have become increasingly harsh towards further price cuts after accepting the fourth round so far this year, to avoid any expansion of losses.Prices o

     

    Thermal coal prices decline in China's producing regions amid supply-demand mismatch

    Pithead prices of some thermal coal grades plunged this week, reversing the uptick a week earlier, as the comeback of coal mines after the weekend's Lantern Festival caused a temporary oversupply.The

     

    Shanxi shifts focus to stabilize coal production and supply this yr

    Shanxi, a major coal-producing province in China, aims to maintain stable production and supply for 2024, while strengthening fulfillment of term coal contracts to promote high-quality energy developm

     

    Shanxi energy work conference stresses safety and stable coal supply

    China's coal-rich Shanxi province underscored the paramount importance of coal mining safety and ensuring a stable coal supply at the 2024 provincial Energy Work Conference held on February 25.The con

     

    China's coke production capacity to extend growth this yr

    China's coke production capacity experienced a moderate growth in 2023 and is expected to maintain the upward trend this year, as new additions are forecast to exceed closed capacity.Last year, Shanxi

     

    China's coal production expected to see slower growth this yr

    China's coal production is expected to stay high in 2024, yet with a much slower rate of growth after fast expansions in the past two years, based on production plans announced by major coal-producing

     

    China's premium coking coal production capacity to shrink this yr, Sxcoal

    China is facing a gradual decline in the production capacity of premium low-volatile hard coking coal, due to the depletion of high-quality coal resources.As of the end of 2023, the production capacit

     

    QHD coal stocks build up during prolonged port closures

    Coal inventories saw a notable increase at China's major transshipment port of Qinhuangdao last week, with coal railings , which recovered from the holiday, outpacing outbound shipping volumes that we

     

    China's energy giants ensure stable coal supply during the CNY holiday

    China's major energy groups ensured a stable energy supply during the Chinese New Year holiday (February 10-17).CHN Energy Investment GroupCHN Energy, a key state-owned energy giant, said 871 of its u

     

    (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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