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China ammonium sulfate exports gain on month amid better foreign demand

Shandong (JLC), April 24, 2023—China’s ammonium sulfate exports in March rose month-on-month and year-on-year amid strengthened foreign demand.

04-24-2023 17:30:53

Crude benzene prices to remain high on strong demand

Shandong (JLC), September 21, 2022--Crude benzene prices will remain high amid stock-replenishment before the National Day holiday.

09-21-2022 16:48:32

China MA prices to gain in March on bullish fundamentals

03-08-2022 16:50:57

NBS: Raw coal output gains in April

According to the National Bureau of Statistics, raw coal output of producers above designated scale climbed 4.1% on the year to 293.3 million mt in April 2018.

05-16-2018 17:33:47

China coal imports gains 6.1% YoY in 2017

The total import volume of coal stood at 270.9 million mt over January-December, 2017, gaining by 6.1% YoY. The imported value totaled CNY22,636.7 million, a year-on-year rise of 60%.?

01-18-2018 16:43:33

Major enterprises cut coal prices, fueling wait-and-see sentiment

Five major coal enterprises in Shanxi had cut coal prices by at least CNY15/mt. These five enterprises included Shanxi Coal Imp. & Exp. Group, Lu’an Group, Shanxi Coking Coal Group, Yangquan Coal Industry Group and Jinneng Group.

01-16-2018 17:58:39

China coal market remained robust on improved downstream demand

The coastal coal market gradually picked up in winter as the daily coal consumption of power plants recovered to a high level and downstream demand increased, which led to the growing supply and demand of coal at ports around Bohai.

12-20-2017 17:18:38

Coke market remained robust amid supply shortage

As of September 15th, China coke market price saw a total rise of CNY560/mt and the prevailing price of grade II coke was CNY2,260-2,320/mt, up CNY380/mt or 20.21% MoM, and gained by CNY920/mt or 68.66% YoY. Market insiders held bullish sentiment amid the high run rate of blast furnaces

09-21-2017 14:50:29

Coal market supply kept tight in main producing areas

Steam coal supply was tight in Shaanxi and Inner Mongolia, due to output decline affected by coal supervising ticket. Meanwhile, some coal mines halted in Inner Mongolia affected by Kubuqi Forum. Power plants demand did not reduce despite daily coal consumption dip.

09-21-2017 14:45:39

Coal production to concentrate in main producing regions

China had slashed 400 million mt of coal capacity, fufilling 50% of the de-capacity target. Coal price saw a reasonable rally amid the balanced supply and demand. Wang Xianzheng, the head of China National Coal Association said on 2017 China International Energy Summit,

09-18-2017 18:09:47

Shandong and Bohai-rim ports to ban evacuating coal by truck

In early August, Tangshan government issued the Notice about Banning Coal Assembling and Evacuation at Tangshan Port. The notice showed Tangshan Port (including all wharfs at Jingtang Port and Caofeidian Port) would completely ban coal trucks going to ports from August 15th, 2017,

09-06-2017 18:16:38

Coal market remained sluggish with the temperature cooling down

In July, traders restocked positively driven up by bullish expectations. In August, traders had great intentions to sell with the end of peak season. In addition, downstream users were reluctant to purchase, leading to coal price decline. As of August 3oth,

08-30-2017 17:44:11

Bullish factors sustained in steam coal market

In middle to late July, the tight supply in steam coal market was eased with steam coal prices edging down at ports around Bohai, as relevant departments called for speeding up the release of advanced capacity. However, bullish factors will sustain in steam coal market.

08-28-2017 13:53:22

Above 90% coal to be transported by railway to Bohai-rim ports

Coal consumption regions are mainly concentrated in East China and the coastal areas of South China. In 2016, 70% of waterborne coal at northern ports was transported by railway. In 2017, port coal transported by railway will rise to

08-25-2017 17:03:48

Bullish sentiment sustained in coking coal market with port steam coal price inching down

Steam coal market at ports kept downtrend these days with flat transactions, and power plants reduced steam coal procurement from market due to the long-term coal contracts. Coking coal companies were bullish for the future market with smooth sales amid the fat profit in steel plants.

08-22-2017 17:36:19

Power plants increased daily coal consumption, but procurement slowed down

Coal supply and demand stabilized in producing regions. Coal mines’ sales in Erdos kept at above 1.2 million mt; coal supply in Shaanxi continued growing. As of July 6th, Shaanxi 199 mines were in production with output averaging 1.3444 million mt/d, gaining 4,500 mt/d on the week.

07-14-2017 17:56:07

Steam coal price around Bohai gains CNY3/mt WoW

On June 28th, BSPI (Bohai-rim Steam Coal Price Index) for 5,500 kcal/kg steam coal closed at CNY577/mt, up by CNY3/mt WoW, seeing a total rise of CNY15/mt for three consecutive weeks. Reasons are as follows.

06-29-2017 17:15:10

Ports around Bohai to see no coal trucks

The Ministry of Environmental Protection required by end-September 2017, coal in Tianjin, Hebei and all ports around Bohai is mainly transported via railway, and coal trucks are banned to ports around Bohai.

06-14-2017 11:34:55

CNCA: Coal prices edge down and supply to remain loose

On May 22nd, China National Coal Association （CNCA） issued the Bulletin about the Current National Coal Economy Operation Situation (hereinafter referred to as Bulletin), which elaborated China coal economy operation situation since 2017 and gave a prediction on coal trend.

05-24-2017 09:35:01

Port coal transport around Bohai speeds up

In May, railway transport recovered, and coal transport via Daqin railway and Shuozhou-Huanghua speeded up. Up to May 15th, coal inventory at Qinhuangdao Port and SDIC Caofeidian Port gained 690,000 mt and 150,000 mt respectively

05-17-2017 17:03:43

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