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South African state power company Eskom said on June 24 that electricity cuts could intensify following labor protests at nine of its facilities linked to deadlocked wage talks.
China's state planning agency approved 10 coal mines in Xinjiang to raise production capacity on Jun 13, to ensure the country's energy security, according to a report by Xinjiang Daily.
Shandong, Inner Mongolia, Jiangsu, Guangdong, Xinjiang and Shanxi contributed the most thermal power generations during Jan-May, with output respectively at 203.31 TWh (-4% YoY), 202.51 TWh (+5.8% YoY), 180.53 TWh (-6.6% YoY), 163.1 TWh (-10.6% YoY), 151.34 TWh (-2.1% YoY) and 134.56 TW (+8.1% YoY).
China economic hub Shanghai saw its power load jump to 29.97 GW in the afternoon of Jun 23 amid rising temperature, close to the 30GW-mark and reaching a new high in this summer. It also climbed up 11.28% from the max load in Jun 2021, according to state media CCTV.
Inventory of five major steel products in China's 21 cities climbed 3.8% from ten days ago to 12.85 Mt on Jun 20, according to data from China Iron and Steel Association (CISA). The volume was 63.1% or 4.97 Mt higher than the start of the year and 12.8% or 1.46 Mt YoY.
Shanghai asked power utilities to ensure coal stocks above 15 days' usage. The city's peak electricity demand is expected to reach 35GW in this summer.
Key power plants in central China's Hubei province received 3.12 Mt of coal from other provinces in May, falling 21.8% or 868,000 t YoY, showed data from the local development and reform commission.
Central China's Henan industrial power generation dipped 2.2% YoY to 21.88 TWh in May, with thermal power down 5.9% while hydro, wind and solar power up 6.9%, 16.6% and 12.4%, showed data from the provincial statistics bureau.
Jinneng Holding Shanxi Coal Industry Co., Ltd plans to produce 33.5 Mt of coal and achieve 31.81 Mt of commercial coal sales in 2022. It targets 13.6 billion yuan of revenue from coal operations.
All the 32 grid-connected coal-fired power plants in Hebei had 6.84 Mt of coal in stock as of Jun 22, enough for 37 days of usage, reaching a historical high level, according to local media.
Daily crude steel output at key member firms of China Iron and Steel Association (CISA) stood at 2.26 Mt during Jun 11-20, down 1.34% compared with the previous ten days and falling 5.74% compared with the same period in 2021, the CISA data showed.
Coal exports of Brisbane port in Queensland, Australia rebounded in May totaled 64,000 t, slumping 74.35% YoY and 44.2% MoM, according to the latest data released by the Port of Brisbane Pty Ltd (PBPL).
Russia's coal production is expected to fall by 17% YoY to 365.1 Mt in 2022, while exports slump 30% to 156 Mt, said Russia's energy ministry, mainly due to the import ban on Russian coal.
The province produced 25.48 Mt of raw coal during the first five months of 2022, up 8.6% YoY, while commercial coal sales increased 5.8% to 35.27 Mt.
China, India, Japan, the U.S. and Russia respectively produced 435 Mt (-8.7% YoY), 53.2Mt (+6.5% YoY), 38.Mt (-3.5% YoY), 34.3 Mt (-1.6% YoY) and 31 Mt (-2.3% YoY) of crude steel in Jan-May. S Korea, Germany, Turkey, Brazil and Iran respectively produced 28.2 Mt, 16.4 Mt , 16 Mt, 14.5 Mt and 11.4 Mt, down by 3.4%, 4.8%, 2.8%, 2.2% and 10.8%.
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Indonesian thermal coal prices are under downside pressure as the market was muted with a lack of bids and offers after the Chinese domestic market started falling from the beginning of this week.
China's portside thermal coal market took a pause on June 24 after days of downward correction, yet thin trading liquidity remained in favor of further declines. On June 24, the prevailin
South African state power company Eskom said on June 24 that electricity cuts could intensify following labor protests at nine of its facilities linked to deadlocked wage talks. Eskom is
China's central province Henan produced 8.5 million tonnes of raw coal in May, up 3.2% on the year, and the total output declined 2.5% from a year ago to 40.56 million tonnesduring the first fiv
China's state planning agency approved 10 coal mines in Xinjiang to raise production capacity on June 13, to ensure the country's energy security, according to a report by Xinjiang Daily.
China's metallurgical coke prices remained under downside risks, with the primary pressure coming from record low steel profits and demand, which has eroded mills' production enthusiasm and buying app
Australia's Queensland coal royalties hurt coking coal more than thermal coal Australia's Queensland government has announced to raise its royalties on coal from July 1 following a 10-year fr
Infographic | China's coal imports in May 2022 Infographic | China's coal imports in May 2022 Infographic | China's raw coal production by province in May Infographic
Thermal coal Production area Downstream users still sat on the sidelines amid softened sentiment, which clearly reduced coal trucks coming to coal mines and drove some miners to undersell cargo
For a long time, China's thermal coal prices have been flying high while coal-fired electricity prices have been largely unchanged. Utilities, holding the responsibility to power millions of homes and
Australia may ban coal exports if necessary to ease the country's looming blackouts, according to a Financial Times report on June 17. The government of New South Wales asked coal miners
Australia's Queensland has announced plans to raise royalties on coal companies from July 1to earn revenues and fund investment in the state's healthcare sector, The Guardian reported.
The sudden outbreak of COVID-19 in early 2020 has struck a heavy blow against the global economy, trade and investment. With effective control of the epidemic, China was able to quickly recover from t
Coal production of Mongolia came in at 1.38 million tonnes in May, reducing 29.52% year on year but rebounding 3.73% month on month, showed data from the National Statistical Office of Mongolia.
Indonesia's state-owned power group PLN has maintained coal stockpiles at a safe level equivalent to 20 days of use, according to a government official, suggesting a good implementation of the Domesti
The Indonesian government will collect carbon tax from coal-fired power plants from July 1, 2022, as a trial run to roll out the carbon tax policy on all emission-intensive sectors. The c
European countries are snapping up alternative supplies from South Africa as the effective date of the ban on Russian coal imports draws closer. The EU's intakes of South African co
China's production of coal, coke, crude steel and other main industrial products in May 2022.
Indonesia has no plans to enhance its coal output despite Europe's interest in purchasing from the archipelago as an alternative to Russia, according to a government official. "There is n
The Mongolian Prime Minister required related departments to initiate the pilot test for unmanned cross-border coal delivery at Gashuunsukhait/Ganqimaodu before July 5, according to report from the co
Some metallurgical coke producers in China's major production areas proposed to raise coke price by 200 yuan/t, the second round that quickly followed completion of a 100 yuan/t increase days ag
Mongolia's coal exports rebounded notably in May to hit the highest in 14 months, as a result of eased restrictions at major border crossings with China under the push of the bilateral governments.
China's coking coal market sentiment further strengthened, along with more price increases at major production areas fueled by an improved buying appetite from coking plants and traders.
Indonesian thermal coal started gaining strength this week on the back of emerging demand from China after being muted for weeks, although it still takes time for a full recovery. It is l
Mongolia has the potential to boost coal exports to over 30 million tonnes this year, but actual volume could still face uncertainties, said one official with Mongolian Coal Association at the China-M
China's demand for Indonesian thermal coal showed signs of rising with more inquiries seen from traders, following a rise in the domestic market. Inquiries for Indonesian thermal coal inc
China's demand for Indonesian thermal coal remained tepid after the Dragon Boat Festival holiday, adding downward pressure to the relatively stable prices, sources said. On June 6, Supram
China's coking coal prices extended rise on the first work day after the three-day Dragon Boat Festival holiday, with many auctions concluded higher along with improved demand from coke producers and
Australia's Queensland government has announced to raise its royalties on coal from July 1 following a 10-year freeze, with the top tier increasing to A$300/t for 40% royalties charge from the current
Ganqimaodu, China's largest border crossing connecting Mongolia, would be most cost-effective entry from Mongolia's Tavan Tolgoi (TT) mine for shorter distance and higher transport capacity, according