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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

China Shenhua's profits rise 5.42% YoY in Q1 2019

Beijing (JLC), April 26, 2019--China Shenhua Energy Company Limited (China Shenhua) made profits of CNY12.865 billion ($1.91 billion) in the first quarter of 2019 (Q1 2019), up 5.42% year on year, with CNY0.647 of earnings per share

04-26-2019 17:06:00

China's energy demand growth to slow down by 2040

Beijing (JLC), April 18, 2019--China's energy demand is expected to grow by only 1.1% by 2040, far below the average annual growth of 5.9% over the past 22 years, BP said in a report recently.

04-18-2019 18:22:40

NDRC: China completes 65% and 84.8% of coal and steel 2017 de-capacity target

The National Development and Reform Committee (NDRC) disclosed on June 15th, by end-May, China has cut crude steel capacity 42.39 million mt, finalizing 84.8% of annual target; 97 million mt of coal capacity had been eliminated, completing 65% of the annual target.

06-16-2017 17:34:55

Shanxi: 70 mln mt of new capacity to replace 17.4 mln mt of old capacity in 2017

As China’s major coal province, Shanxi will increase the advanced capacity of 70,000 million mt while slashing outdated capacity of 17.4 million mt in 2017 after ranked first in terms of cutting capacity in 2016.

05-24-2017 09:48:03

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

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

Daqin railway Q1 net profit is predicted to rise around 45% YoY

On April 8th, 2017, Datong-Qinhuangdao railway issued the performance growing forecast for the first quarter and it predicted that the net profit attributed to the shareholders of listed companies gained around 45% from the same period of last year, mainly due to the improved coal demand

04-12-2017 15:58:07

China Feb steam coal imports rise 28.06% YoY to 6.48 mln mt

In February, China imported 6.48 million mt steam coal (including bituminous coal and sub-bituminous coal, but excluding lignite. Similarly hereinafter), gaining 1.42 million mt or 28.06% YoY and dropping 3.10 million mt or 32.36% MoM.

03-28-2017 11:16:16

China Coal Energy Feb commercial coal sales rise 13.6% YoY to 10.45 mln mt

China Coal Energy Company’s latest bulletin showed its February commercial coal output read 6.34 million mt, gaining 4.4% YoY and dropping 8.1% MoM; commercial coal output amounted to 13.24 million mt over January-February, 2017, down by 1.1% YoY.

03-21-2017 18:17:02

Shanxi closes 25 coal mines and cuts coal output by 143 mln mt in 2016

In 2016, Shanxi closed 25 coal mines and cut 143 million mt of coal output, accounting for 40% of the nationwide total output cutbacks. Coal overcapacity-cutting target was finished ahead of schedule in October, 2016, and checking works of steel and coal overcapacity cuts were completed

03-10-2017 16:26:22

China Feb coal exports drop 48.53% YoY to 470,000 mt

China coal exports stood at 470,000 mt in February, 2017, down by 440,000 mt or 48.35% YoY, and dropping 130,000 mt or 21.67% MoM, data showed from the General Administration of Customs on March 8th.

03-09-2017 17:31:42

China domestic energy consumption rose by 1.4% in 2016

The National Energy Administration (NEA) announced that China's energy consumption increased by 1.4% in 2016 to 4.36 Gtce, at the same pace as in 2015. It is 0.9% above what the Administration forecasted last year for 2016.

01-06-2017 09:42:59

47 coal mines found to have completed capacity reduction target in Shandong

An official team set up to inspect coal overcapacity reduction progress in Shandong found that the 47 coal mines under the latest monitoring in the province had achieved their capacity reduction targets, removing a total of 12.29 million mt/yr production capacity, as reported on December 5th.

12-08-2016 13:54:19

Linfen, Shanxi produces 44.13 mln mt of raw coal in Jan-Oct, down by 8.7% YoY

According to the Shanxi Provincial Bureau of Statistics, coal producers above designated size produced 44.1275 million mt of raw coal from January to October, down by 4.2 million mt or 8.7% on the year.

11-30-2016 16:50:43

China Oct steam coal imports up 31.4% on yr

China imported 7.32 million mt of steam coal (including bituminous and sub-bituminous coal) in October, rising 31.42% on year but down 10.07% on month, showed the latest data released by the General Administration of Customs.

11-25-2016 17:35:56

China Coal fulfills annual capacity reduction target of 6.45 mln mt/yr

The company has insisted in implementing the government’s capacity cut tasks, having completed all related equipment dismantling, mine-mouth closure, water disruption and electricity outage.

11-15-2016 16:25:15

Glencore settles October term deal with Japan's Tohoku at $94.75/mt

Mining giant Glencore has settled its October term contracts with Japanese utility Tohoku Electric at $94.75/mt FOB, sources said Monday.

10-25-2016 18:02:08

Shenhua Ningxia Coal's 4 mln mt/yr CTL project has two gasifiers ignited

Shenhua Ningxia Coal Industry Group (Shenhua Ningxia Coal) had No. 2# gasification furnace of its 4 million mt/yr coal to liquids (CTL) project ignited on October 19th, and No. 4# of the project ignited on October 20th.

10-24-2016 10:22:54

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

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