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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.
China's independent coke firms churned out 28.98 Mt of the steelmaking material in Mar 2024, falling 5.8% YoY and accounting for 73.6% of the country's total coke output, according to data released by the CCIA.
China 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 decline contracted by 1.3 percentage
India's reliance on coal-fired power generation has dipped below 50% for the first time since the 1960s, marking a pivotal milestone in the country's transition towards renewable energy.In the first q
China's production of coal, coke, crude steel and other main industrial products in Apr 2024.
Indonesia's coal exports were valued at $2.61 billion in April, a 1.84% from the previous month yet falling 19.26% compared with the same period last year, data from Statistics Indonesia (BPS) showed.
India imported a total of 22.01 Mt of coal in Mar 2024, up 11.94% YoY and nearly 3% MoM, showed data from Ministry of Commerce & Industry of India.
China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp, saw its total polyolefin sales notch the lowest level since October 2021, reaching 36,200 tonnes in April 2024, said the c
China coking coal, met coke and steel market key figures in focus.
China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.
China's portside thermal coal market remained stable on May 16. Despite optimism about the upcoming peak demand period in summer, the market still lacked concrete support to validate this positive out
China's key steel mills registered a 0.36% decrease in daily output of crude steel to 2.19 million tonnes over May 1-10, showed the latest data from China Iron and Steel Association (CISA).These steel
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
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'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
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
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
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 continued to rise in major producing regions, supported by modestly tightened supply due to environment inspections at some mines. Metallurgical and che
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
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'
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 coal prices at northern China ports held stable on April 29 as market participants awaited developments post the May Day holiday spanning May 1-5.Domestic 5,500 Kcal/kg NAR thermal coal was of
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