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China's power generation of all sources totaled 690.1 TWh in Apr, up 3.1% YoY, showed data from the National Bureau of Statistics on May 17.
China churned out 371.67 Mt of raw coal in Apr, falling 2.9% YoY, which contracted by 1.3 pps from Mar, NBS data showed on May 17.
China Shenhua Energy Co., Ltd. sold 36.2 Kt of polyolefin in Apr 2024, down 38% YoY and 39.8% MoM, said the company on May 16.
China Coal Energy Co., Ltd reported its polyolefin output was up 0.8% YoY but down 5.3% MoM to 125,000 t in Apr. Polyolefin sales increased 3% YoY yet fell 8.7% MoM at 137,000 t, according to figures released by the company on May 15.
On May 14, U.S. President Joe Biden announced a significant increase in import tariffs on Chinese goods. This includes raising tariffs from 25% to 100% on EVs, from 7.5% to 25% on lithium batteries, from zero to 25% on critical minerals, from 25% to 50% on solar cells, from 25% to 50% on semiconductors, and from 0-7.5% to 25% on steel and aluminum products.
China Coal Energy Co., Ltd, the listed arm of China National Coal Group, produced 10.48 Mt of commercial coal in Apr, down 5.8% YoY and 3.2% MoM, said the company in a statement released on May 15.
China Shenhua Energy Co., Ltd. produced 27.50 Mt of commercial coal in Apr, rising 5.4% YoY but down 2.5% MoM, said the company in a statement released on May 16. The company's commercial coal sales reached 37.0 Mt in Apr.
China's cargo shipments via railways amounted to 1.65 Bt in Jan-Apr, down 1.4% YoY, with Apr's shipping volume down 1.9% YoY to 408 Mt, according to statistics data from China State Railway Group Co., Ltd.
The thermal coal market in Yulin exhibited a downward trend before stabilizing in April amid waned trading activity, according to the local development and reform commission.
S Korea imported 8.94 Mt of coal in Apr, up 6.55% YoY and 8.62% MoM, customs data showed. The import value reached $1.51 bln in the month, down 9.44% YoY but up 12.55% MoM.
Canada coal exports reached 2.79 Mt in Feb 2024, down 1.97%YoY but up 7.97 MoM.
Indonesian coal miner ITMG produced 4.9 Mt of coal in Q1, rising 31% YoY. It sold a total 5.0 Mt of coal, up 11% YoY, the company said in a report.
Inventory of five major steel products in China's 21 cities moved lower in early May (May 1-10), down 3.7% from late Apr to 11.55 Mt, marking the six consecutive sessions' decline, according to data from the CISA.
Newcastle port in Australia exported 11.36 Mt of coal in Apr, rising 1.54% YoY yet down 6.65% MoM, Port of Newcastle data showed.
Coal exports at the Hampton Roads terminals in the state of Virginia of the US amounted to 3.90 mln short tons (3.54 Mt) in March, up 17% MoM and 32% YoY, according to data released by the Virginia Maritime Association.
Indonesian thermal coal trading activity faced a downturn due to a significant gap between offers and bids, indicating differing views on the near-term market outlook.On May 17, offers for June-loadin
China's coking coal futures prices continued to rise for the second straight trading day, as favorable policy measures, especially for the real estate industry, slightly boosted participants' expectat
China produced 158.48 million tonnes of coke from January to April 2024, down 2.1% from the previous year, showed data from the National Bureau of Statistics on May 17.Coke production in April alone d
China Apr coal output down 2.9% YoYChina churned out 371.67 million tonnes of raw coal in April, falling 2.9% from a year ago, showed data from the National Bureau of Statistics (NBS) on May 17.The de
Int'l thermal coal market rises further as demand rebounds in AsiaThe international thermal coal market was on the rise last week, supported by improving demand from Asian countries like China, India
China's power generation of all sources totaled 690.1 TWh in April this year, a 3.1% rise from a year earlier, showed data from the National Bureau of Statistics on May 17.The year-on-year growth acce
Drummond, the largest coal company in Colombia, exported 2.44 million tonnes of coal in April, more than doubling the volume in the same period last year, primarily driven by strong demand from South
Thermal coalProduction area?Mine-mouth thermal coal prices ticked down in major producing regions. The price decline was particularly acute in YuYang, Shaanxi province. Softened portside prices added
Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.
French energy giant TotalEnergies has joined forces with a Chinese innovation investment fund, co-developed by Cathay Capital and Dajia Insurance, to finance and operate distributed solar power projec
The US Energy Information Administration (EIA) projected power consumption in the country to reach record highs in 2024 and 2025, according to its Short-Term Energy Outlook released on May 7.The EIA f
Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close.
Chinese steel companies still have room to further cut production and reduce inventories, as the industry faces a temporary supply-demand imbalance and declining steel prices, according to a senior of
South Africa exported a total of 6.22 Mt of coal in Mar 2024, up 2.21% YoY and 17.02% MoM, showed data from South African Revenue Service.
China added 45.74 GW of solar power capacity into the grid in the first quarter of this year, jumping 36% from the same period of 2023, according to data from the National Energy Administration (NEA).
India's coal output increased by 7.4% to 78.69 million tonnes in April compared to last year's 73.26 million tonnes, according to the coal ministry.Coal India Limited (CIL), the state-owned coal minin
China's exports of finished steel increased 27% on the year to 35.02 million tonnes during January-April, according to the latest data released by the General Administration of Customs.The export valu
Shandong province, a traditional energy hub in China, has topped the country in installing new energy storage capacity, playing a significant role in the national energy security.By the end of March t
China coking coal, met coke and steel market key figures in focus.
Coal exports in the United States are projected to rise in April and May compared with last month's forecast as a result of the higher-than-expected exports of metallurgical coal in February and the c
Rises in thermal coal prices at north China ports after the May Day holiday were supported mainly by traders' efforts to prop up prices, and downstream demand is yet to improve materially.On May 7, th
Newcastle thermal coal futures have maintained an upward trajectory since late April, propelled by soaring demand from Asian countries grappling with sweltering heat.On May 6, the June contract closed
South Africa's coal exports in March jumped over 17% compared with the previous month, while increased only moderately on a year-on-year basis, customs data showed, driven by growing demand from India
Thermal coalProduction area Thermal coal prices stayed firm in major producing regions, supported by well-maintained balance between production and sales across most mine. Some mines opted to suspend
Thermal coalProduction area Thermal coal prices continued to rise in major producing regions, supported by modestly tightened supply due to environment inspections at some mines. Metallurgical and che
Thermal coalProduction area Mine-mouth thermal coal prices continued to rise, partly driven by tightened supply due to frequent inspections. Metallurgical and chemical plants maintained solid interest
Thermal coalProduction area Thermal coal prices drifted higher in major producing regions, supported by active restocking from metallurgical and chemical plants. This led to balanced production and sa
Mongolian coking coal auctions on the Mongolian Stock Exchange (MSE) recovered since mid-April, snapping consecutive failures from late March to early April, partly supported by a resurgence in China'
Chinese metallurgical coke prices stayed temporarily stable during the May Day holiday from May 1 to 5, following a 100-110 yuan/t increase earlier last week, the fourth consecutive hike since mid-Apr
China's domestic anthracite market remained stable in the week ending May 10, with price upticks in some grades driven by favorable restocking demand.The anthracite output was slow to recover, owing t
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