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China crude benzene prices gain on bullish supports

Shandong (JLC), September 12, 2023—China’s crude benzene prices surged at the beginning of September amid firm cost support.

09-12-2023 17:34:37

China MA prices keep falling in Jul on supply-demand imbalance

Shandong (JLC), July 21, 2022--In July, China maleic anhydride (MA) prices stayed in the long-term downtrend amid supply-demand imbalance.

07-21-2022 17:59:13

China MA producers suffer losses amid weak demand, oversupply

05-12-2022 14:00:00

China MA prices to keep range-bound on rising supply and weak demand in Q2 2022

04-07-2022 11:01:00

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 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 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

Coal market stabilized amid the improved supply and demand

In September, hydropower output intensified with temperature cooling down, but thermal power load continued dropping. High energy-consumption and high pollution enterprises cut production amid pro-environment inspection. Therefore, steam coal consumption declined with

09-26-2017 16:54:50

Market panic sentiment emerged as NDRC pledged to secure coal supply

The National Development and Reform Commission (NDRC) pledged to guarantee coal supply these days to prevent coal price from rising further and stabilize coal market. Traders at northern ports took different reactions, as coal prices would be under regulation.

09-26-2017 16:47:37

Coke market remained robust amid supply shortage

As of September 15th, China coke market price saw a total rise of CNY560/mt and the prevailing price of grade II coke was CNY2,260-2,320/mt, up CNY380/mt or 20.21% MoM, and gained by CNY920/mt or 68.66% YoY. Market insiders held bullish sentiment amid the high run rate of blast furnaces

09-21-2017 14:50:29

Coal market supply kept tight in main producing areas

Steam coal supply was tight in Shaanxi and Inner Mongolia, due to output decline affected by coal supervising ticket. Meanwhile, some coal mines halted in Inner Mongolia affected by Kubuqi Forum. Power plants demand did not reduce despite daily coal consumption dip.

09-21-2017 14:45:39

Steam coal market picked up in off-peak season amid the tight supply and demand

Steam coal price rose these days. The latest BSPI (Bohai-rim Steam Coal Price Index) was quoted at CNY580/mt, up CNY1/mt, seeing the first rebound after three-consecutive-week decline. Traders stood firmly by their offers, due to some coal resource shortage at China northern ports.

09-19-2017 08:36:51

The tight supply-demand situation to be eased

Industry source said the tight coal supply-demand pattern will be eased in the off-peak season, but interweaved factors still sustained in the market.

08-25-2017 16:11:09

Coal market supply kept growing

In August, coal demand turned weak with the temperature cooling down, and the tight coal supply was eased. Thereafter, coal supply continued growing with the de-capacity task for 2017 completed gradually,

08-22-2017 17:23:18

Shenhua two coal mines halted, followed by tightened supply and a possible price rise

Steam coal prices showed downward trend with the end of peak season in summer.

08-10-2017 18:07:46

NDRC: Four factors triggered coal tight supply and price fluctuation

Yan Pengcheng, the National Development and Reform Commission (NDRC) news spokesman, disclosed on the press conference on July 18th that the following factors led to the periodical tight supply and price fluctuation of coal.

07-21-2017 16:29:44

Coastal coal supply and demand to be changed

As of June 14th, coal stockpiles in six major coastal power plants totaled 12.25 million mt, down by 560,000 mt from early June, which can run 19 days of usage with daily consumption at 625,000 mt.

06-15-2017 17:37:29

The slipping handling throughput at Tianjin Port is inevitable

Coal transport at Tianjin Port developed better affected by the improved coal demand and the flexible service. The finished handling throughput of Tianjin Port read 78.37 million mt, 94.59 million mt and 109.7 million mt respectively.

06-14-2017 17:59:19

The falling supply to support coke price with environmental policies are executed

“The 13th Five Year Plan” Eco-environment Protection Plan showed the total coal consumption in Beijing, Tianjing, Hebei, Shandong and Henan will dip around 10% during the period of “the 13th Five Year Plan”.

06-14-2017 10:12:31

CNCA: Coal prices edge down and supply to remain loose

On May 22nd, China National Coal Association （CNCA） issued the Bulletin about the Current National Coal Economy Operation Situation (hereinafter referred to as Bulletin), which elaborated China coal economy operation situation since 2017 and gave a prediction on coal trend.

05-24-2017 09:35:01

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