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MA plants’ overall profit to be poor in 2022

Shandong (JLC), October 20, 2022--In 2022, the overall profit of maleic anhydride (MA) plants is expected to be poor.

10-20-2022 11:59:32

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

Why did daily coal consumption of power plants grow in slack season?

In the slack season of coal consumption in April and May, 2016, affected by the dropping civil electricity load and the flagging industrial power, daily coal consumption of power plants fell sharply, while it did not see a sharp decline in April, 2017 from that in February and March.

04-26-2017 10:13:09

Six power plants’ steam coal inventory rallies to 10.40 million mt

On April 19th, steal coal inventory of six major power plants reached 10.40 million mt, gaining 1.189 million mt or 12.9% from 9.211 million mt on April 11th. As for April 19th, daily coal consumption of six major power plants kept at 656,000 mt and coal inventory can run 16 days.

04-20-2017 10:51:35

Coal transactions decline amid the weak transport of power plants

Coal output in producing areas recovered gradually and coal mines’ sales kept considerable with low inventory; pithead coal prices remained stable and those for coal mines with tight supply rose by CNY5-10/mt;

04-18-2017 17:02:14

Port coal inventory around Bohai increases with power plants’ steady procurement

Last week (April 10th-14th), Daqin railway maintenance were still in progress and inbound resources at ports edged up under the guarantee of thermal coal. Affected by the falling demand, rebound volume at ports moved downward in some degree and coal inventory was with mixed trend.

04-18-2017 13:47:33

Daily coal consumption in coastal power plants sees a marked decline

Up to April 6th, coal inventory in the six major coastal power plants amounted to 9.6393 million mt, which was able to 18 days of usage, and daily consumption totaled 522,000 mt.

04-11-2017 10:31:04

Coking coal market may start with dropping steam coal consumption in power plants

In April, with the end of heating period, downstream power plants stepped into overhaul stage and the falling run rate of unit decreased coal consumption. Up to April 6th, the daily steam coal consumption in six major coastal power groups declined to 522,000 mt.

04-07-2017 18:20:15

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

Qinhuangdao Port coal inventory rises with power plant stockpiles dropping

On March 6th (Monday), the total outbound shipments at ports around Bohai moved downward as ship-loading operations were affected by the bad weather, but transport situation at ports will continue to improve promoted

03-08-2017 08:49:36

Power plants turn on coal inventory-restocking mode

With the upcoming Spring Festival, coal supply and sales of Qinhuangdao Port are in prosperous situation, where huge coal carriers are sailing to all power plants.

01-22-2017 17:41:53

Railway bureaus to sign transport contracts with coal producers and power plants

China Railway Corporation will push railway bureaus to sign production, transportation and demand contracts with coal suppliers and buyers.

12-07-2016 16:30:56

Kailuan and Jizhong Energy ink 5.72 mln mt coal supply term contract with power plants

Kailuan Group and Jizhong Energy Group inked 5.72 million mt coal supply medium and long term contract with five major power groups’ branches in Hebei province and Hebei Construction & Investment Group Co., Ltd alike.

12-07-2016 14:57:02

Shenhua Group and China Coal ink 2017 steam coal contract with three more big power plants

On the morning of November 11th, Shenhua Group and China National Coal Group Corp. signed 2017 medium and long term steam coal supply contract with China Huaneng Group, China Datang Corporation and China Guodian Corporation in Beijing。

11-15-2016 09:50:23

China begins construction on first offshore nuclear plant

China General Nuclear Power Corp (CGN), a leading nuclear power company, has begun building the country's first floating nuclear plant, National Business Daily reported.

11-09-2016 17:28:07

Advanced coal capacity to account for over 40% in the 13th five year plan period

During the 13th five year plan period,14 coal production bases each with hundred million mt/yr of capacity will hold about 95% of China’s total coal capacity, the number of coal mines will be capped at about 6,000 and advanced capacity will take up about 40% of the total.

10-19-2016 10:10:03

Shanxi unveils key coal chemical projects in the 13th five year plan period

According to the Shanxi Coal Chemical Association, Shanxi province will focus its support on large coal producers’ construction of important modern coal chemical projects.

10-12-2016 15:28:08

Officials' coal output increase plan comes into effect, albeit uncertainties persist

Some coal producers have reportedly received the China National Coal Association’s notice of raising output to tame wildly rising coal prices, and will take action to unleash their production capacity.

09-23-2016 10:18:19

Shenhua Group has completely achieved capacity cut plan for 2016

Year to date, Shenghua Group has shut down five coal mines.

09-14-2016 16:44:39

Heilongjiang plans to cut 9.38 mln/yr coal capacity via shutting 13 mines in 2016

The Heilongjiang Development and Reform Commission released a list of coal mines required to cut overcapacity in 2016.

09-14-2016 16:15:04

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