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BSPI drops to CNY577/mt on multiple factors

BSPI (Bohai-Rim Steam Coal Price Index) closed at CNY577/mt on January 23rd, down CNY1/mt WoW.

01-25-2018 16:59:57

Coal supply keeps tight despite output hitting a record high

Coal supply was still tight amid strong demand though coal output hit a record high.

01-23-2018 16:52:30

BSPI dips CNY3/mt WoW to CNY593/mt

On May 17th, BSPI (Bohai-Rim Steam-Coal Price Index)—average price of 5,500 kcal/kg waterborene coal around Bohai was quoted at CNY593/mt, dipping CNY3/mt on the week, the eighth-consecutive-week drop.

05-18-2017 14:52:00

Coke price dips CNY66.4/mt in early May to CNY1,731.6/mt

According to the latest data of the National Bureau of Statistics of the PRC, coke price (the second grade metallurgical coke) read CNY1,731.6/mt in early May, down by CNY66.4/mt or 3.7% from that in late April, the first decline since March, showing coke prices may go down in May.

05-16-2017 18:04:46

Steam coal market keeps firm in short run but dim in mid-long term

In April, steam coal market may be under corrections with prominent contradictions between coal and power. The current coal enterprises’ profits are considerable and downstream enterprises have great cost pressure.

03-30-2017 17:41:14

BSPI drops CNY1/mt WoW to CNY605/mt

On March 28th, BSPI (Bohai-rim Steam Coal Price Index) was quoted at CNY605/mt, dipping CNY1/mt WoW, ending rising situation for four straight weeks.

03-30-2017 14:51:08

Coal supply-demand keeps vigorous with the improved delivery

With the increasing production resumption at coal mines and coal delivery, Datong-Qinhuangdao line, Shuozhou-Huanghua Port line and Inner Mongolia-Hebei line increased coal transporting volume.

03-23-2017 17:48:55

Power plants’ coal inventory keeps dropping with steady daily consumption

The daily coal consumption at coastal power plants operated steadily at around 650,000 mt with coal inventory keeping falling over March 3rd-9th, 2017. The average coal consumption at six large coastal power plants read 652,000 mt/d, down by 1.2% MoM

03-13-2017 16:09:12

China raw coal output drops by 11% YoY to 278 mln mt in August

China’s raw coal output reached 278.09 million mt in August, down by 11% YoY. Raw coal output totaled 2.18 billion mt in the first eight months, a yearly drop of 10.2%.

09-13-2016 17:12:14

China Coal Energy's H1 revenue from coal chemical product sales drops by CNY545 mln YoY

In the first half of 2016, China Coal Energy Co., Ltd generated CNY26.3 billion of revenue, dropping by 11.6% on the year. In particular, revenue from coal chemical product sales declined by CNY545 million from a year before in H1, owing to a yearly drop in coal chemical product prices.

08-26-2016 15:50:26

Zhundong Rail Line ships 26.89 mln mt coal in H1 2016

According to Yitai Coal Co., Ltd, Zhundong Rail Line shipped 26.89 million mt of coal in the first half of 2016, up by 2.1% over the preceding corresponding period. A net profit of CNY103.896 million was generated by the rail line in the first half year, sliding by 64.7% on the year.

08-23-2016 09:52:47

China taps coal giants as asset managers to guide supply cuts

China set up an asset-management company to reduce coal overcapacity at a time when the country is seeking to encourage consumption of cleaner fuels.

07-25-2016 17:18:17

Steam coal pithead prices drops by 9.17% YoY in Inner Mongolia in H1

According to the Inner Mongolia Development and Reform Commission, steam coal pithead prices staged an “N-shaped” tendency in the first half year of 2016, averaging at CNY120.40/mt, down by 9.17% YoY. The price decline narrowed down by 4.53 percentage points from a year before.

07-21-2016 16:48:43

Coal-dedicated Shenshuo Rail Line ships 2.4 bln mt cargoes in 20 years

As of July 10th, it has been 20 years since Shenhua Rail Line was put into operation. The rail line has shipped 2.399835 billion mt of coal and realized CNY88 billion of revenue and CNY30.16 billion of profit in the past 20 years, with 7,197 safe operating days.

07-13-2016 17:21:17

Shenshuo Rail Line ships 19.51 mln mt coal in May

Shenshuo Rail Line, a coal-dedicated rail line owned by Shenhua Group, delivered 19.51 million mt of coal in May, and a combined 19.586 million mt of cargoes (including coal and others), topping the plan by 226,000 mt.

06-02-2016 17:35:19

Coal prices expected to start an upswing amid strictest capacity cut policy

Coal producers in Inner Mongolia, Shaanxi and Shanxi are implementing the production limitation policy actively from May. Coal supply is to drop with undergoing “supply-side” reform and closures of coal mines, expected to boost coal prices continuously.

05-24-2016 09:12:08

Shenhua Group's gross profit drops by 50% to CNY31.8 bln in 2015

Shenhua Group made a gross profit of CNY31.8 billion in 2015, down by 50% YoY, the company said in its annual performance report on May 12th 2016.

05-12-2016 17:05:36

Five big power groups take up China's 85% ultralow emission thermal power units

100 million kw of coal-fired power units had completed ultralow emission technique transformation across China by the end of 2015, of which 84.21 million kw belongs to the five top power groups.

03-16-2016 16:59:05

Coal-related firms in Henan seek for transformation amid sharp profit drops

Coal producers are weathering difficulties due to sharp profit decline, and transformation becomes a necessity.

11-26-2015 17:55:49

Coking coal market drops slightly as steel market sags further

The Chinese steel market vibrated downwards in the week ending September 11th, coke prices dropped gently in some regions of Shanxi and coking coal markets in Shanxi and Shandong inched lower.

09-16-2015 14:52:45

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