- Thursday March 28,2024
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India imported a total of 21.39 million tonnes of coal and coke in Feb 2024, rising 20.25% YoY and 3.42% MoM, according to data released by Iman Resources.
- Wednesday March 27,2024
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Profits of China's coal mining and washing industry totaled 95.48 bln yuan ($13.2 bln) in Jan-Feb, down 36.8% YoY, according to data from the National Bureau of Statistics.
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The U.S. produced 42.84 million short tons (38.86 Mt) of coal in Feb 2024, down 6.29% YoY and 0.26% MoM, the U.S. EIA said in its Monthly Energy Review on Mar 27.
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Coal exports from the US Baltimore port experienced a setback due to a bridge collapse caused by a collision with a massive cargo ship early on Mar 26, leading to disruptions in rail and coal operations, Reuters reported. According to data from the EIA, Baltimore ranked as the second-largest port for US coal exports during the first nine months of 2023, trailing behind Norfolk, Virginia.
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Japan produced 6.99 Mt of crude steel in Feb, down 3.8% MoM yet up 1.1% YoY, according to data released by the Japan Iron and Steel Federation. The output of ordinary steel was 5.47 Mt, down 2.3% YoY yet up 1.1% MoM.
- Tuesday March 26,2024
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Shaanxi's raw coal output rose 2.3% YoY in Jan-Feb and natural gas production increased 4.8% YoY, both ranking 3rd in China, Shaanxi Daily reported. Power generation grew 7.1% YoY, accelerating 4.3 pps from a year ago.
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Thailand's thermal coal (including bituminous and sub-bituminous coal) imports in Feb reached 1.69 Mt, up 14.34% YoY and 56.45% MoM, hitting six-month high, customs data showed.
- Thursday March 21,2024
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Japan imported 13.21 Mt of coal in Feb 2024, down 9.1% YoY, showed the preliminary data from the Ministry of Finance. The import value was 391.79 bln yen ($2.60 bln), down 39.6% YoY.
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China's coal output is expected to increase by 36 Mt to about 4.7 Bt in 2024. Domestic coal prices declined at a faster pace amid slack housing market. N China's Shanxi may cut coal production by 40 Mt, partly due to frequent mine accidents in recent days, China National Coal Association reported.
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China imported 7.87 Mt of coking coal in Feb, rising 13.8% YoY yet falling 21.5% MoM, according to latest data from the GAC. The import value came in at $1.39 bln, up 3.0% YoY but down 20.6% MoM.
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China imported 25.01 Mt of thermal coal (including non-coking bituminous coal, sub-bituminous coal and lignite) in Feb, up 21.38% YoY yet down 16.33% MoM, customs data showed. The imports were valued at $2.01 billion, down 8.59% YoY and 20.74% MoM.
- Wednesday March 20,2024
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China's power consumption rose 11.0% YoY to 1,531.6 TWh over Jan-Feb, showed data from the National Energy Administration on Mar 20.
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S Korea imported 10.56 Mt of coal in Feb, up 8.48% YoY but down 8.35% MoM, customs data showed. The import value reached $1.54 bln in the month, down 17.45% YoY and 18.51% MoM.
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Crude steel output at key member firms of CISA reached 66.29 Mt in Feb, edging up 0.71% YoY. Daily output of crude steel averaged 2.29 Mt, up 2.5% MoM, the CISA data showed.
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Canada produced 4.22 Mt of coal in Dec 2023, up 46.4% YoY and 4.8% MoM, showed data from Statistics Canada.