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Guangzhou and Dongguan join hands together to create a world-class hub port

Guangzhou Port Group signed a strategic cooperation framework agreement with Dongguan Port Group in Guangzhou.

12-19-2017 15:44:04

Freight rate in oil market would continue rising due to demand climbing up

On December 15th, the China Coastal (Bulk) Composite Freight Index released by Shanghai Shipping Exchange closed at 1,577.71 points, up 7.9% over the previous week.

12-19-2017 14:32:18

Blockbuster policy for green energy challenges refined products

China Ministry of Transport issued the "Opinions of the Ministry of Transport on Promoting the Development of Green Transportation in an All-Round Way", aiming to establishing a green transp

12-15-2017 17:06:26

IEA Energy Outlook: China to be the world largest oil importer in 2020

Recently, IEA issued World Energy Outlook 2017-China Special Report in Beijing, noting that China would be the world largest crude oil importer around 2020.

12-14-2017 10:25:39

Coal price declined to a rational level on the intensifying market supervision

The robust coal market gradually dropped to a rational level in these days affected by the policy regulation. Market sources said coal market price went up during the consumption peak season

11-16-2017 17:59:17

Steam coal price kept downtrend in the short run

Traders cut offers in these days and they sold some resources at low prices, weakening steam coal market prices.

11-15-2017 14:49:41

Cement production halt in “2+26” cities to curb 9.1 mln mt coal demand

In August 2017, the government issued the Plan about 2017-2018 Autumn and Winter Comprehensive Control of Air Pollution in Beijing-Tianjin-Hebei Region and Surrounding Areas (the plan). The

9-30-2017 18:06:31

The coastal coal market kept robust in September

Coal price kept uptrend in the off-peak season of September, and the coastal coal market remained active. The reasons were as follows.

9-30-2017 17:51:23

Coal market forecast in October

China steam coal market went up in mid-September. As of September 26th, the dealing price of 5,500 kcal/kg steam coal gained by CNY110/mt from early September. In October, market coal tradin

9-30-2017 17:47:16

Coal market stabilized amid the improved supply and demand

In September, hydropower output intensified with temperature cooling down, but thermal power load continued dropping. High energy-consumption and high pollution enterprises cut production am

9-26-2017 16:54:50

Market panic sentiment emerged as NDRC pledged to secure coal supply

The National Development and Reform Commission (NDRC) pledged to guarantee coal supply these days to prevent coal price from rising further and stabilize coal market. Traders at northern por

9-26-2017 16:47:37

Four factors boosted steam coal price

Coal supply was tight and coal consumption volume at coastal power plants was higher. Vessels at anchorages increased with high freight rate. Futures price remained high. All these factors d

9-22-2017 17:11:47

Coke market remained robust amid supply shortage

As of September 15th, China coke market price saw a total rise of CNY560/mt and the prevailing price of grade II coke was CNY2,260-2,320/mt, up CNY380/mt or 20.21% MoM, and gained by CNY920/

9-21-2017 14:50:29

Coal market supply kept tight in main producing areas

Steam coal supply was tight in Shaanxi and Inner Mongolia, due to output decline affected by coal supervising ticket. Meanwhile, some coal mines halted in Inner Mongolia affected by Kubuqi F

9-21-2017 14:45:39

Coal transactions at northern ports kept robust in early Sep

The spot price edged up in early September, as capacity release was less than expectated and downstream users had great demand for restocking. Steam coal transactions at the main ports aroun

9-19-2017 08:44:44

Steam coal market picked up in off-peak season amid the tight supply and demand

Steam coal price rose these days. The latest BSPI (Bohai-rim Steam Coal Price Index) was quoted at CNY580/mt, up CNY1/mt, seeing the first rebound after three-consecutive-week decline. Trade

9-19-2017 08:36:51

Coke producers’ inventory had fallen to the lowest level in 2017

China coke price nearly surged to the highest level of 2016, due to supply shortage of coke producers. Coke plants inventory recorded the lowest level in 2017, and coke market would suffer s

9-19-2017 08:31:38

Coal production to concentrate in main producing regions

China had slashed 400 million mt of coal capacity, fufilling 50% of the de-capacity target. Coal price saw a reasonable rally amid the balanced supply and demand. Wang Xianzheng, the head of

9-18-2017 18:09:47

Hebei ports to ban coal diesel trucks on Oct 1st

Hebei province will completely ban diesel-powered coal trucks to ports on October 1st.

9-6-2017 18:33:15

Shandong and Bohai-rim ports to ban evacuating coal by truck

In early August, Tangshan government issued the Notice about Banning Coal Assembling and Evacuation at Tangshan Port. The notice showed Tangshan Port (including all wharfs at Jingtang Port a

9-6-2017 18:16:38

Coal market remained sluggish with the temperature cooling down

In July, traders restocked positively driven up by bullish expectations. In August, traders had great intentions to sell with the end of peak season. In addition, downstream users were reluc

8-30-2017 17:44:11

China government confirmed Guodian-Shenhua merger

On August 28th, China Guodian Corporation and Shenhua Group Corporation Ltd (hereinafter referred to as Shenhua Group) merged into China Energy Investment Group, announced by China's State-o

8-30-2017 17:28:46

Coal prices to be stable with inventory only meeting 13-day normal consumption

On August 20th, China major power plants’ coal inventory hit the three-month low and they would launch restocking activities in September. Therefore, coal prices will not plunge in the sho

8-28-2017 14:14:43

Will economy, environmental protection, import and demand impact on coal market?

Up to early August, steam coal prices stabilized, but those at ports rose in June and July, mainly due to the tight supply and downstream demand

8-25-2017 14:04:20

China will see decline in steam coal import price in October

The imported steam coal prices in China are expected to dip in October, 2017 with China coal imports dropping in the second half of 2017. In addition, power generation cost of Essar, Tata an

8-28-2017 14:01:05

Bullish factors sustained in steam coal market

In middle to late July, the tight supply in steam coal market was eased with steam coal prices edging down at ports around Bohai, as relevant departments called for speeding up the release o

8-28-2017 13:53:22

Above 90% coal to be transported by railway to Bohai-rim ports

Coal consumption regions are mainly concentrated in East China and the coastal areas of South China. In 2016, 70% of waterborne coal at northern ports was transported by railway. In 2017, po

8-25-2017 17:03:48

Port coal market move downward amid weaker demand and sufficient inventory

In late August, coal prices kept downtrend at northern ports with lukewarm transactions. End users were bearish for future coal market as thermal coal consumption declined in peak-off season

8-25-2017 16:55:03

The tight supply-demand situation to be eased

Industry source said the tight coal supply-demand pattern will be eased in the off-peak season, but interweaved factors still sustained in the market.

8-25-2017 16:11:09

Bullish sentiment sustained in coking coal market with port steam coal price inching down

Steam coal market at ports kept downtrend these days with flat transactions, and power plants reduced steam coal procurement from market due to the long-term coal contracts. Coking coal comp

8-22-2017 17:36:19

Coal market supply kept growing

In August, coal demand turned weak with the temperature cooling down, and the tight coal supply was eased. Thereafter, coal supply continued growing with the de-capacity task for 2017 comple

8-22-2017 17:23:18

Coal market in producing regions will be stable

Downstream coal market prices kept range-bound these days, but those in producing regions kept uptrend. Prices of high and low calorific coal varieties took different tendencies.

8-22-2017 17:20:52

Steam coal market went down amid the bearish factors

Spot market: China steam coal spot market remained weak. Steam coal prices in main producing regions kept firm amid the smooth sales. But port steam coal prices continued falling amid the lu

8-21-2017 10:45:43

Shenhua two coal mines halted, followed by tightened supply and a possible price rise

Steam coal prices showed downward trend with the end of peak season in summer.

8-10-2017 18:07:46

China coal market overview in July and forecast in August

In July, China coal market kept stable. Downstream steel industry and coke market both saw volatility; oversupply was eased in coking coal market with rising market prices; steam coal market

8-10-2017 18:00:34

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