Weekly China coal market news summary (Apr1-Apr 7)

sxcoal.com General 2024-04-07 17:04:44

China's thermal coal prices poised to drop further, expected to stabilize by late May

China's domestic thermal coal prices generally followed a downward trend in the first quarter, with portside 5,500 Kcal/kg NAR coal trading nearing the 800 yuan/t level by late March, indicating the p

 

China, India thermal coal imports increase in Mar amid surging power demand

China and India, the world's top two largest coal consumers, witnessed a significant rebound in seaborne imports of thermal coal in March, propelled by declining international coal prices and a surge

 

Leading Chinese coal group's price revision dampens pithead sentiment

Influenced by the downward trend in portside prices, the momentum of thermal coal prices at China's major producing regions has been somewhat lackluster. While a few mines in certain regions adjusted

 

China's thermal coal prices face downward pressure in Apr

China's domestic thermal coal prices have maintained a downward trend since the beginning of the year, especially the slump of over 100 yuan/t in recent weeks. The downward trend may continue in April

 

China's met coke prices stabilize, but downside pressure persists

China's metallurgical coke prices stabilized for the time being after the implementation of the seventh round of 100-110 yuan/t cuts, but participants were concerned about yet another round as the ste

 

Coal supply-demand mismatch may persist this year, CNCA warns

There could be a mismatch between coal supply and demand in certain regions of China during peak periods this year, especially for high-CV grades, considering factors such as extreme weather, emergenc

 

Will early arrival of heatwave boost China's thermal coal market?

While other regions in the country are still in spring, southern China has already transitioned into an early summer, marked by frequent high temperatures persisting for extended periods.Since last we

 

Top 10 Chinese miners' coal output down 5.49% YoY in Jan-Feb 2024

China's 10 largest coal mining groups (in terms of production) produced 370 million tonnes of raw coal in January-February 2024, falling 21.10 million tonnes or 5.49% year on year, according to statis

 

Daqin railway starts month-long spring maintenance on Apr 1

Daqin Railway, an artery sending coal from key production areas to ports in northern China, begains a 30-day spring maintenance on April 1, state media CCTV reported, citing the China Railway Taiyuan

 

China's portside coal stocks accumulate on higher intakes

Coal inventories at China's major transshipment port of Qinhuangdao increased last week to a new high since early February, as coal inflows outpaced outbound shipping volumes amid a seasonal lull for

 

(Writing by yan.sun  Editing by Alex Guo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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