Advanced Search Category : Flash News Analysis Daily Comments Weekly Comments Monthly Comments
Topics : Thermal Coal Coking Coal Anthracite PCI Coal Policy Viewpoint Company Import & Export Production & Sales Price futures Cost & Profit Thermal Power Safety International
Articles： Registered Member Paid Member
The International Energy Administration (IEA) estimated the energy crisis around the globe will drive up oil demand by 500,000 barrels per day as coal and natural gas prices have surged to record highs. Global oil demand may restore to the pre-pandemic level next year, it expected.
Coal dispatch routes of Baixi (Baotou-Xi'an), Haoji (Haolebaoji-Ji'an) and Xiping (Xi'an-Pingliang) railways in Shaanxi province had eliminated flood disasters as of Oct 12, and they are now rushing delivery of 700,000 t of coal stranded during the National Day holidays, said China Railway Xi'an Bureau.
Shandong's 2021-2025 Action Plan for Blue Sky Campaign proposes Shandong will deepen steel capacity exit from air pollutant channel cities and areas along Jiaoji railway (Qingdao-Jinan) and lift the share of coastal steel capacity to over 70%. The number of coking plants will be reduced within 20 with all plants with capacity below 1 Mtpa to withdraw.
Shandong's 2021-2025 Action Plan for Blue Sky Campaign proposes the province's coal consumption will reduce 10% to 350 Mt during the 14th Five-Year Plan period, and the share of non-fossil energy consumption will rise to about 13%. By 2025, renewable energy installed capacity will grow to around 90 GW and power supply from other provinces to reach 170 TWh.
Russia plans to increase coking coal exports to India to 40 Mt per year, its energy ministry said on Oct 14.
CR Taiyuan Group has shipped 300,000 trains of coal totaling 22.37 Mt over Oct 1-14, with daily shipment of Daqin line at 1.03 Mt, lifting coal stocks to above 15 days of use at 15 power plants within its coverage and raising stocks at Bohai-rim ports to 16.23 Mt from 15.47 Mt in end-Sep. The Group aims to load over 19,500 wagons of thermal coal each day in Oct, accounting for 39% of total coal railing through China's rail network, according to Xinhua News.
Coal India Ltd has temporarily ceased auctioning coal and also reduced contracted supplies to non-power customers to raise shipments to utilities that are facing the worst supply crisis in years. Non-power users account for about a quarter of India's total coal consumption.
Australian Bureau of Meteorology forecasted that stronger-than-usual hurricanes would make landfall on Australian sea area during Nov to Apr of next year, which will exert larger impact on its LNG, iron ore, coal industries.
Shanxi's first batch of coal under supply guarantee commitment has arrived in Anhui province, with the first 2 trains of coal totaling 46,000 tonnes delivered to a power plant in Hefei city of Anhui on Oct 13 after departing from QHD port on Oct 11. This will help ease coal shortage of Anhui, and marks the beginning of Shanxi's coal guarantee campaign.
Caojiatan coal mine, another mine of Shaanxi Coal Group besides Xiaobaodang mine, signed a cooperation agreement with Jingdong Logistics (JDL) on Oct 14 to build intelligent materials management park and expedite the construction of a smart Caojiatan.
Jinneng Holding Shanxi Electric Power Co., Ltd. estimated its net profit to tumble 97.21% YoY in Q1-Q3 to 4.90 million yuan and it to suffer a loss of 8.3 million yuan ($1.28 million) in Q3 as procurement cost of thermal coal rose significantly.
Shanxi Coking Coal Group on Oct 14 reported its profit in the first three quarters of 2021 to jump 65%-115% YoY to 2.73-3.56 billion yuan ($420.76-548.27 million) with basic earnings at 0.6676-0.8699 yuan/share.
Transnet declared force majeure on fire in the evening of Oct 13 local time, as the operation of the entire Richards Bay MPT in South Africa was affected by the fire spreading from HO1 surveyor belt to other belts.
China's domestic coke supply is tightening as production curtailments are severe at most coking plants due to environmental requirement and energy consumption control, according to Sxcoal. In Luliang, Shanxi, some coking plants have suspended production due to incomplete capacity approval procedure, and operation is being restricted at different degrees in other coking plants. Coke production is also strictly controlled in Shandong.
Hami city in Northwest China's Xinjiang churned out 63.16 Mt of coal in 2020, and its coal output reached 46.60 Mt as of Aug-end this year, data showed.
Loading is completed. It's been the last page
Indonesian miners have questioned the government's attitude in setting a carbon tax for carbon dioxide produced from coal. Mining companies had submitted their objections to the governmen
China's coal imports through Ganqimaodu checkpoint on the Mongolia border may see a significant recovery in the fourth quarter, with 400-500 of coal trucks expected to pass through and the operating t
Russia will increase annual coking coal exports to India to 40 million tonnes, Russian Energy Ministry said on October 14. Its supply of all types of coal to India currently was only 8 mi
Thermal coal Production area Spot coal supply was still restrained by some miners' suspension of spot sales to guarantee term-contract supply, so it was harder for traders and non-power end use
Jizhong Energy Resources Co., Ltd., a listed subsidiary of state-owned coal producer Jizhong Energy Group in Hebei province, estimated its net profit to surge 151.91-179.04% year on year in the third
All open-pit coal mines in Wuhai, one of the main coal bases in Inner Mongolia, were notified to stop coal extraction at night during this winter heating season, according to a notice issued by the ci
China expected to add 55 Mt of coal output in Q4, national safety watchdog China is estimated to increase 55 million tonnes of coal output from mines with commitment to guarantee coal supply i
Indonesian thermal coal prices jump higher amid solid Chinese demand Indonesian thermal coal prices posted big rises on October 14, supported by robust demand and positive bids from Chinese
Coal India Ltd has temporarily halted coal supplies to non-power end-users as power plants in the country were struggling with the worst fuel supply crunch in years. The country's largest
South Korea's thermal coal imports rose again in September and hit a second high since January 2020, as utilities continued to invite tenders to prepare for winter heating periods.
Indonesia's Ministry of Energy and Mineral Resources (ESDM) issued its thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $161.63/t for October, a new record high since the be
China will fully liberalize pricing for coal-based electricity as part of a drive to deepen market-oriented pricing reform in the sector, the top economic planner said on October 12 on its website.
China's top coal-producing provinces of Shanxi and Shaanxi both issued notices on October 9 asking more efforts to be made to prevent flood risks that grow higher alongside the unusually heavy rains,
Mongolian government targets to export 36.50 million tonnes of coal in 2022, the country's minister of finance said in a conference release on September 29. The country's coal exports rea
Russia's largest coal producer Suek declared force majeure on the operation at the Far East port Vanino on October 12, as a result of a fire a day earlier. The fire occurred at Vanino Bul
China relented on its cap on electricity prices by allowing the market trading prices to rise by as much as 20% from base levels against the current limit of 10%, in a bid to ease producers' operating
The National Development and Reform Commission asked coal miners to sign additional contracts with power and heat companies on the top of existing agreements to raise the share of mid- and long-term c
Indonesia's coal exports reached a 7-month high of 37.72 million tonnes in August, up 28.8% from the year-ago level and 12.65% from the previous month, showed data from Statistics Indonesia.
Central China's coal province Shanxi is estimated to add 28.68 million tonnes of coal output from coal mines that were ordered to help guarantee supply in the fourth quarter of 2021, according to a go
Having being surging for three months, Chinese domestic thermal coal prices could have a chance to cool down as a key producing hub urged mines to expand output. A total of 72 coal mines
Shanxi, China's top coal-producing province, has suspended output at 27 mines due to heavy rain and flooding since October 4, aggravating concerns over further supply tightness of the fuel.
Facing electricity supply shortage nationwide caused by many factors including a steep jump in coal prices and surging demand, China is slashing production in many energy-intensive industries, trying
Production curbs in China's energy-guzzling sectors to lower energy consumption and ease power shortage may help little to cushion the current coal supply tightness. A steep jump in coal
China is stepping up purchases for seaborne thermal coal to ease domestic supply shortage, which has incurred a widespread power crunch across the country, supporting seaborne coal prices to linger at
Coking coal production at mines in Shanxi is expected to decline due to tighter-than-usual safety inspections ahead of the National Day holiday, partly countering a drop of demand amid coke and steel
Persistent shortage and growing demand were combining to drive up Chinese thermal coal prices at a faster pace in September, against the background of the national power supply shortage that has incur
Indonesian thermal coal prices gained further on September 30 propelled by stronger purchases from China ahead of the National Day holiday. November-loading Panamax cargoes of Indonesian
The bull run continued in the Chinese domestic thermal coal market due to the persistent supply crunch, which worsened this week as the central government required more coal delivered through long-ter
China has been continuously putting efforts to secure coal supply and keep prices stable since October to meet the high demand for electricity and prevent further large-scale power rationing.
Coking coal prices fell back in some production areas of Shanxi and Inner Mongolia, as purchases appetite from downstream coking plants significantly cooled down amid anongoing production curbs.