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Weekly China coal market news summary (May 25-May 29)

sxcoal.com General 2020-05-29 14:45:25

Chinese domestic thermal coal market keeps cooling down as sentiment weakens

Sentiment continued to weaken in China's spot thermal coal market amid concerns of recovering supply and falling demand in the coming...

 

Daqin railway maintenance exerts limited impact on China coal market

Month-long maintenance to China's coal-dedicated Daqin railway, which ended on May 28, two days ahead of schedule, has exerted limite...

 

China Apr thermal coal imports surge 88.95% on yr

China's thermal coal (incl. bituminous and sub-bituminous coal, but excl. lignite) imports in April surged 88.95% compared with the c...

 

China Apr coking coal imports up 11.35pct on mth, customs data

China's coking coal imports posted a month-on-month rise of 11.35% in April, due mainly to restart of Mongolian exports and recovered...

 

Two Sessions: Chinese delegates call for more imports of premium coking coal

Chinese delegates of NPC called for more imports of premium coking coal, in order to boost green development of steel industry. ...

 

Opinions divergent on outlook of China's coking coal market

Chinese participants cannot reach a consensus on the market direction of domestic coking coal, as supply and demand dynamics are hard...

 

China's met coke prices firm on strong demand

China's metallurgical coke prices remained firm amid strong purchases from downstream mills, with the ongoing third coke price hike m...

 

China coal hub Shanxi to halve coal-washing capacity by Sep 2020

China's coal mining hub of Shanxi province aims to halve its coal-washing capacity to 1.8 billion tonnes a year and reduce the number...

 

China's coal-fired power assets integration raises concerns of monopoly

The integration of state-owned coal-fired power plants in China's five northwestern provinces is about to start. Accordi...

 

China's coal imports from Mongolia continue to rise, adding pressure to price

On May 23, Mongolia exported a total 955 trucks of coal to China through two major hubs Gashunnsukhait (Ganqimaodu) and Shivee Khuren...

 

China's commodity exchange launches thermal coal options simulation trading

China's Zhengzhou Commodity Exchange (ZCE) said on its website that it will roll out thermal coal options simulation trading on May 2...

 

State-run coal major starts construction of 6 Mtpa coal mine in Xinjiang

Construction began on a coal mine with a designed annual production capacity of 6 million tonnes in northwest China's Xinjiang Uygur ...

 

China's coal mining and washing industry Jan-Apr profits slide 27% YoY

The total profits of China's coal mining and washing industry reached 61.44 billion yuan ($8.78 billion) over January-April, down 27....

(Writing by Emma Yang  Editing by Jessie Jia)
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