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Growth of domestic coal, oil and gas production accelerates in November

Guangzhou (JLC), December 15, 2023 – Domestic production of coal, oil, natural gas and power generation all saw faster year-on-year growth in November.

12-15-2023 18:37:38

China’s largest coastal oil storage facilities enter operation

Guangzhou (JLC), August 25, 2023 – Phase III of the commercial crude oil storage tank farm at Dongjiakou Port run by Shandong Port Group (SPG) has been put into operation.

08-25-2023 14:31:27

Indonesian coal ban little impacts China's fuel demand from power sector

Guangzhou (JLC), January 5, 2022-- Indonesia's coal export halt has made little impact on China's fuel demand from power generation as China has prepared sufficient coal for this heating season and Indonesian coal accounts for a small share among China's consumption.

01-05-2022 16:51:46

China INE crude falls on China’s plan to cut coal prices

Guangzhou (JLC), October 20, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) slipped further Wednesday, after China’s plan to cut coal prices and a build in the US crude stocks.

10-20-2021 19:09:11

China raises power prices, takes measures to boost coal supply

Guangzhou (JLC), October 11, 2021-China has relented on its cap on electricity prices and announced a series of measures to increase coal supply, in a bid to ensure sufficient power supply.

10-11-2021 11:45:34

China steam coal prices rocket amid tight supply, strong demand

Beijing (JLC), September 29, 2021--China’s steam coal market is in a deep backwardation, with spot prices significantly higher than futures prices, which indicates strong bullishness in the spot market.

09-29-2021 18:41:26

Coal chemical hub asks to half CTO output in Q4

Yulin of Shaanxi in Northwest China, China’s coal chemical hub, plans to cut its CTO output by more than 50%, according to a local government notice.

09-14-2021 09:53:49

Ordos Coal-to-Oil Branch halts LPG supply on overhaul

Beijing (JLC), August 14, 2020--China Energy Investment Corporation (China Energy)’s Erdos Coal-to-Oil Co. in Inner Mongolia’s Ordos has halted LPG supply, because of an overhaul that began on August 12 and is scheduled to last until early November.

08-14-2020 15:06:15

China coal market to keep relatively stable

BSPI，Bohai-Rim Steam-Coal Price Index stabilized for three consecutive stages currently, as the supply was limited but the demand was weak in coastal markets.

03-27-2020 17:45:38

Shaanxi’s raw coal, crude, natural gas output up in February

Beijing (JLC), March 27, 2019--The output of raw coal, crude and natural gas at industrial enterprises above designated size in Shaanxi province increased in February 2019, according to data from Shaanxi Provincial Bureau of Statistics.

03-27-2019 16:45:55

Smuggled oil makes continued impact on coastal markets

Smuggled refined oil, mostly diesel, keeps arriving in China and making negative impacts on coastal refined oil markets, as demand for smuggled products remains amid relatively low prices.

03-26-2019 15:44:36

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

Funshun Mining shale oil bidding price to increase if light coal tar price moves up

Introduction: Shale oil bidding price can predict the rise and fall of bunker oil, and the shale oil trading volume can directly reflects the overall demand for bunker over a period of time. How about this round of bidding on March 26?

03-28-2018 16:41:04

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

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 price to rise at year-end on tight supply

The coal inventories in Shanxi and Shaanxi stayed low at the year-end, and most mines had shut down for maintenance. In Inner Mongolia, market supply was ample. The trucks for coal loading increased, but the high-quality coal was in shortage.

01-11-2018 17:35:04

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

Coal price declined to a rational level on the intensifying market supervision

The robust coal market gradually dropped to a rational level in these days affected by the policy regulation. Market sources said coal market price went up during the consumption peak season in the previous years. However, the intensifying supervision policies will curb coal price vibration.

11-16-2017 17:59:17

Steam coal price kept downtrend in the short run

Traders cut offers in these days and they sold some resources at low prices, weakening steam coal market prices.

11-15-2017 14:49:41

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