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China Local Governments Enforce Output Cuts at Coal Mines

China’s coal-rich provinces have started to implement measures to enforce production cuts and help the coal industry get out of the current difficult time, in response to requirements of t

9-19-2014 17:20:50

Xinjiang Takeshiken Border Restart Coking Coal Import from Mongolia

Import of coking coal from Mongolia has been resumed at Takeshiken border crossing in northwestern China’s Xinjiang Uygur Autonomous Region, with the first batch totaling 500 tonnes arrive

9-19-2014 17:06:41

Inner Mongolia Jan-Aug Coal Output down 6.6pct on yr

Inner Mongolia autonomous region, China’s leading coal production base, produced 615.45 million tonnes of coal over January-August this year, down 6.6% from the year before, showed data re

9-19-2014 16:59:26

Shanxi Aug Coal Output Further Drops on mth

Raw coal output in Shanxi, China’s second largest producer of the fuel, dropped for the second consecutive month in August on a month-on-month basis, as miners reduced output amid low pric

9-19-2014 16:53:00

Kailuan Coal Chemical Targetting at Industrial High-end

Kailuan, as “the source of China’s coal industry”, has created remarkable achievements. The coal chemical industrial park of Jingtang Port occupies an area of 4,300 mu.

9-19-2014 14:41:34

Shenhua Group Transferring Huaneng Subsidiary's Shares

Guohua Engergy Investment, a state-owned sole corporation of Shenhua Group, recently opened listing in China Beijing Equity Exchange, transferring 15.77% of shares of Huaneng International P

9-19-2014 14:40:19

Coal Price Keeping Steady in Circum-Bohai Sea for Two Weeks

According to the latest steam coal price index in Circum-Bohai Sea delivered on September 17, the steam coal of calorific value 5500 kcal/kg was priced unchanged, closing at CNY482/mt.

9-19-2014 14:38:08

China Coastal Coal Freight Rates down to New Lows

China’s coastal coal freight rates dropped to new lows, following continuous decline over the past month, showed data from the Shanghai Shipping Exchange, impacted by weak shipping demand.

9-19-2014 10:30:17

China Aug Crude Steel Output Edges up on mth

China’s Crude Steel output reached 68.91 million tonnes in August, edging up 0.86% from July and up 1.0% from the previous year, in spite of sluggish domestic demand, showed data from the

9-19-2014 10:28:44

Daqin Aug Coal Transport Drops 2 pct on mth

China’s leading coal dedicated Daqin rail line, which links Datong in coal-rich Shanxi province and northern China’s Qinhuangdao port, transported 38.15 million tonnes of coal in August,

9-19-2014 10:27:10

N. China Ports Coal Stocks Further Climb

Coal stockpiles at northern China ports further increased over the past week amid persisting weak demand from well-stocked utilities that are running low capacities due to recent rainfalls.

9-19-2014 10:25:32

Shaanxi Aug Coal Output up 11.8pct on yr

Northwestern China’s Shaanxi province, the country’s third largest coal production base, produced 50.42 million tonnes of raw coal in August, up 11.79% from a year ago, according to the

9-19-2014 10:24:07

Yangmei Chemical Purchasing Earning Assets against Dilemma

Yangmei Chemical Co., Ltd., which has fallen into huge loss, had to purchase earning assets to get rid of its dilemma. Currently,the company spent over CNY1.5 billion to purchase three ass

9-18-2014 17:33:15

“13th Five-year Plan” Will Focus on 7 Petrochemical Bases

It was revealed that the “13th Five-year Plan” of the petrochemical industry in China was compiled on a real-time basis.

9-18-2014 10:47:51

China's Oil, Petrochem Sector Faces Tough Challenges

The 13th Five-Year Plan (2016-2020) for the petroleum and petrochemical industry will focus on eliminating obsolete capacity and raising coal chemical output. Excess capacity will be the sec

9-17-2014 11:37:33

Asia PX Oversupplies

This year is special for PX industry, because Asia PX has turned from excessive demand into oversupply. Though China market still maintained a huge demand gap with the dependence degree on i

9-16-2014 17:23:36

Datang Power Generation Overwhelmed Stripped of its Thin Coal Chemical Business Plan

Datang Power (00991.HK) tries to divest its coal chemical business, which is a huge asset size and poor profitability.

9-10-2014 16:05:34

China, Mongolia Clinch $532 Million Thermal Plant Deal

China’s Harbin Electric International Company Limited, a leading power infrastructure construction firm, signed a $532 million cooperation agreement with a Mongolian company on thermal pow

9-3-2014 16:51:04

China Jan-Jul Coal Industry Profit Slumps

Profit of China’s coal mining and washing industry plunged 43.9% from the same period last year to CNY67.44 billion over January-July this year, showed data from the National Bureau of Sta

9-3-2014 16:50:33

China Jul Coke Production Down 2.1 Pct on Mth

China’s coke production decreased 2.1% from June to 40.24 million tonnes in July, but increased 2.8% year on year, showed data released by the National Bureau of Statistics (NBS) on August

9-3-2014 16:50:18

NDRC to Save Coal Market

In this week, National Development and Reform Commission held a meeting with such large enterprises as the top five power generation groups as well as Shenhua Group in order to convey the gu

9-3-2014 16:49:11

Bohai-rim Steam Coal Offered at CNY506/t after Drop for Seven Consecutive Years

On July 16, Bohai-Rim Steam-Coal Price Index (BSPI) closed at CNY506/t, down by CNY7/t week on week.

9-3-2014 16:44:53

Shaanxi to Lower Charges on Coal Transport by Freeway

Shaanxi province, the third largest coal producer in China, decided to start a three-month trial implementation of a policy on exempting and reducing fees for coal transport by highway, acco

9-3-2014 16:43:56

China Jan-Jul Coal Industry FAI Drops by 5 pct

Fixed-asset investment China’s coal industry dropped 5% compared to the year-ago level over January-July this year, mainly due to persisting weakness of the coal market, the latest officia

9-3-2014 16:40:26

China’s Natural Gas Demand Decreased by 4.7% MoM in June

Based on the figures from Platts on July 29, China’s apparent natural gas demand in June was 13.91 billion m3 in total, with a year-on-year growth of 7.9% but a month-on-month decrease of

9-3-2014 16:35:50

China Q2 GDP Growth Accelerates to 7.5 pct

China’s GDP expanded by 2% in the second quarter from the previous quarter in 2014, giving the country a 7.5% increase on an annual basis from the previous quarter's 7.4%, according to the

9-3-2014 15:42:55

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