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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

Coal prices may hit a new high in the short run

Policy risk mitigated. Shenhua Group raised the EX-stock price of 5,500 kcal/kg steam coal price by CNY30/mt, which was followed by China National Coal Group. The price policies of the two Groups further weakened market expectations on policy risk.

07-12-2017 18:12:42

Indonesia's October HBA thermal coal price hits 2-year high

Indonesia’s Ministry of Energy and Mineral Resources has set its October thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $69.07/mt FOB, up 8% from September and the highest level in two years.

10-09-2016 17:00:23

China's coking coal imports hit a year-to-date high in June

According to the General Administration of Customs of the PRC, China imported 5.81 million mt of coking coal in June, up by 16.9% YoY and 31.4% MoM, hitting the highest level year to date. From January to June, China’s coking coal imports reached 27.01 million mt with a yearly hike of 25.7%.

07-25-2016 16:27:04

China's coal imports hit a year-to-date high in June

According to the General Administration of Customs of the PRC, China’s coal imports reached 21.75 million mt in June, jumping by 31.02% on the year and rising by 14.29% on the month.

07-14-2016 17:06:28

Heavy rainfalls in South China whittle steam coal demand

Recently, heavy rainfalls sweep across South China, and hydropower stations are running at full capacity, reducing coal consumption at major thermal power plants.

07-07-2016 14:15:34

Hubei province's electricity consumption is likely to hit a new high

Reportedly, power supply and demand will be basically in equilibrium during summer in Hubei, and a power consumption peak is to occur in early or mid-August.

06-24-2016 16:36:50

Shenhua Group's coal shipments from northern ports hit a new high in Feb

In February, Shenhua Group sold 1.7 million mt more coal than planned. In particular, its coal shipments via seven northern ports reached 1.8 million mt in the month, hitting the highest level in record.

03-04-2016 09:30:32

Port coal inventory hits a new low

Since late November, coal inventory at Qinhuangdao Port has fallen from a high level, especially in the past two weeks. On December 22nd, coal inventory at the port fell to below 4 million mt, a new low in six years.

12-25-2015 11:18:24

Indonesia steam coal October prices hit a new low, down by 15% YoY

The Ministry of Energy and Mineral Resources of Indonesia set reference prices of 6,322 kcal/kg steam coal (M: 8%; A: 15%; S: 0.8%) GAR, also known as HBA (Harga Batubara Acuan), at $57.39/mt or CNY364.21/mt for October, hitting a historical low.

10-16-2015 09:56:38

China HSBC manufacture PMI initial value hit at 49.6 in June

China June HSBC manufacture PMI initial value was 49.6, predicted with 49.4, pre-value was 49.2. New order partial index’s initial value rose to 50.3 gaining the first increase in past four months.

06-25-2015 08:51:40

Shenhua Guodian Energy's coal sales hit a fresh high in May

Shenhua Group reported on May 29th on its website that Shenhua Guoneng Energy Group Corporation Ltd sold 565,900 mt of coal in May, notching a historical high.

06-04-2015 16:30:04

Xinjiang's natural gas output expected to hit 30 bln cubic meters

Northwest China's Xinjiang Uygur Autonomous Region is expected to produce 30.5 billion cubic meters of natural gas this year, according to statistics from the region's four gas producers.

05-29-2015 17:52:00

Coal freight rates hit a fresh high in the year

Power plants are actively sending vessels to the Chinese northern ports for coal loading, bolstering coastal coal shipments at a high level and driving up freight rates.

05-27-2015 10:12:50

Coal import hit a four-year low in February

According to the General Administration of Customs, China imported 15.26 million mt of coal in February 2015, down by 9.06% month-on-month and plunging by 33.1% year-on-year. It is the lowest level since April, 2011.

03-10-2015 14:18:33

US bunker prices hit a 5.5 year low on weak Brent, Demand

High and low sulfur bunker fuel at nearly every US and Canadian port assessed by Platts dropped to more than five-year lows Monday amid declining Brent prices and weak buying interest, traders said.

12-17-2014 10:34:51

Oil hits five year low, emerging stocks hammered

Oil hits five-year low, leads commodities rout Rouble, ringgit among emerging FX hurt by oil Europe shares fall, hit by oil firms, miners Moody's cuts Japan's credit rating

12-02-2014 09:04:42

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