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Steam coal prices may not slump despite the weak spot market

Steam coal inventory kept rising in major ports and the overall transacting prices went down. Downstream power plants did not have great intentions to purchase coal from market and held wait-and-see attitudes. It is the slack season for steam coal industry in the first quarter

04-20-2017 15:36:32

China coal sector sees Jan-May profits slump by over 70% YoY

According to the China National Coal Association (CNCA), coal companies above designated size harvested CNY826.74 billion of revenue from their main business in the first five monthsof the year, down by 13.5% on the year.

07-19-2016 18:00:29

Caofeidian Port eyes coal imports slump by 27% YoY in Jan-Oct

By the end of October, 2015, the Hebei Entry-exit Inspection and Quarantine Bureau’s Caofeidian Branch inspected 92 imported coal cargoes totaling 3.7456 million mt with a value of CNY344 million. The cargoes, volume and value dropped by 21.37%, 27.29% and 43.42% on a yearly basis respectively.

11-13-2015 14:23:43

90 large-sized coal producers see profits slump by 97.7% in Q1-Q3

China’s 90 large-sized coal producers posted a profit of CNY970 million in the first three quarters of the year, slumping by 97.7% from the year-ago level of CNY42.7 billion

11-12-2015 15:08:12

China Coal Energy Jan-Sep profit slump 353% on yr

China Coal Energy Co., Ltd, the country’s second largest coal producer, saw its net profits slump 352.8% from 659 million yuan ($103.7 million) last year to a loss of 1.67 billion yuan over January-September this year, said the latest announcement of the company.

10-30-2015 14:38:56

China coking coal imports slump by 21.4% YoY in Jan-July

According to the General Administration of Customs of China, the countries imported 28.3 million mt of coking coal from January to July, 2015, tumbling by 21.4% YoY. Total value of the imports reached $2.4 billion, plunging by 40% YoY.

09-16-2015 11:36:38

China Jan-Jul coal industry profits slump 66%

China’s coal mining and washing industry saw its profits slump 66% year on year to 23.06 billion yuan ($3.77 billion) over January-July, showed data from the National Bureau of Statistics (NBS) on August 28.

08-26-2015 15:22:48

Macquarie: China's met coal demand to slump by 66% by 2020

A latest report from Macquarie said that China’s metallurgical coal import will drop and the other countries’ will see a waning growth. Global seaborne metallurgical demand is to drop by 7% by 2020.

08-19-2015 15:40:38

China July export YoY slumped with CNY1.19 trillion yuan

China General Administration of Customs indicated that China export slumped due to high cardinal number and high exchange rate.

08-14-2015 15:27:57

China's coking coal import volume slumps by 68% YoY in May

According to the General Administration of Customs of China, China imported 1.882 million mt of coking coal in May, a yearly plunge of 68% and a monthly slump of 49.8%. It was the third straight year-on-year decline.

06-29-2015 11:08:35

China Shenhua Energy posts a yearly 21% slump in April coal sales

China Shenhua Energy saw its coal sales volume plunge by 20.6% YoY to 31.2 million mt in April, 2015, the listed company reported lately.

05-19-2015 16:45:39

China January steam coal import slumps by 36.6% MoM

According to the General Administration of Customs of China, the country imported 10.94 million mt of steam coal (including bituminous coal, sub-bituminous coal and lignite) in January 2015,...

02-28-2015 18:01:30

China Shenhua Energy posts a yearly 19.8% slump in 2014 net profits

Under coal price slumps and power demand slowdown, China Shenhua Energy Company Limited saw net profits plunge by almost 20% in 2014, marking the second yearly decline the company has registered since being listed.

02-13-2015 10:16:28

China coal mining & dressing sector sees a 46.2% slump in 2014 total profits

The coal mining and dressing sector saw profits slump by 46.2% in the past year. The sector’s main business revenue arrived at CNY3.00459 trillion in 2014, down by 6.7% YoY.

01-29-2015 15:16:52

Ukraine's coal output to slump by 50% in 2015

According to an official from the Energy Ministry of Ukraine, the country plans to explore 9 million mt of coal in 2015, to halve the 17 million mt in 2014. It plans to produce 6 million mt of finished coal products in the current year.

01-29-2015 10:11:00

Brent crude levels US crude amid slumping global oil prices

Traders were seeking ways to stock excessive supplies. The glut of products dragged down oil prices sharply by 60%. Up to this week, Brent crude and US crude slumped 7% and 5% consecutively.

01-15-2015 15:59:29

Shengli crude settlement suffers slumps, keeping refining at a loss

This week, Shandong teapots’ processing Shengli crude oil remained at a loss.

01-08-2015 18:27:11

OPEC insisted not cutting output, crude price continued slump

OPEC Secretary-General El-Badri announced on December 15th（Monday）that it can bear a slowdown in oil price, and some key officials of OPEC cited that they wouldn’t reduce the output, which resulted in the crude oil price sliding continuously.

12-16-2014 11:36:53

China Jan-Jul Coal Industry Profit Slumps

Profit of China’s coal mining and washing industry plunged 43.9% from the same period last year to CNY67.44 billion over January-July this year, showed data from the National Bureau of Statistics (NBS) on August 28.

09-03-2014 16:50:33

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