Chinese utilities buy import thermal coal cautiously amid high inventory

Chinese utilities are taking a cautious stance on purchasing spot seaborne imported coal, despite lower offer from traders, mainly due to substantial inventories and an ongoing decline in domestic the

China's import coking coal trades lackluster amid weak end-user demand

Trading activities of imported coking coal have been sluggish at transfer ports and border crossings in northern China, caused by slackened demand from end-users, which has exerted downward pressure o

China's coking coal and coking brand cluster formed

A brand cluster for China's coking coal and coking industry was established this week by China Risun Group in collaboration with key industry players, aiming to increase the concentration of the indus

China's Nov coal imports hit new record high on price edge, term contracts

China's coal imports in November reached a record high of 54.98 million tonnes, posting impressive year-on-year and month-on-month increases of 26.38% and 18.89%, respectively, driven primarily by low

China 2024 coal imports to reach 520-530 Mt amid energy security efforts

China's coal imports could reach 520-530 million tonnes this year and may surpass 520 million tonnes again in 2025, company representatives and officials forecast during the 2025 National Coal Trade F

Guangdong to control coal consumption and cut industrial coal use

China's GDP-leading Guangdong province unveiled an action plan on December 10 aimed at reasonably controlling coal consumption and reducing industrial coal use, as part of efforts to improve air quali

Daqin railway Nov cargo shipment hits new highs yet still below yr-ago level

Daqin railway, a major rail channel shipping coal from production areas to transfer ports in northern China, saw its freight volumes smash new highs in November following four consecutive months' grow

Shaanxi strives to ensure steady coal output growth by 2025

Shaanxi province, a major coal-producing hub in northwestern China, is gearing up to ensure a steady increase in coal production with expanded capacity next year, aligning with the provincial governme

China to enhance policy stimulus in 2025 to boost economic growth

China plans to introduce an "appropriately loose" monetary policy in 2025 for the first time in the past 14 years, and adopt more active fiscal policy to stimulate economic growth, the Politburo annou

Shaanxi Coal acquires majority stake in power cos

Shaanxi Coal Industry Co. Ltd. announced plans to acquire an 88.6525% stake in Shaanxi Coal Power Group Co., Ltd. (SCPG) via a private agreement with its controlling shareholder, Shaanxi Coal and Chem

China's coastal coal freight rate growth eases amid weaker supports

Coastal coal freight rates in China saw slight growth last week as the cold wave subsided, limiting overall demand.The China Coastal Coal Freight Composite index, which tracks rates for vessels carryi

Coal stocks tick up at QHD, but other N ports see notable decrease

Coal stocks at Qinhuangdao, China's major coal transshipment port, fluctuated upward last week, while that of other northern ports decreased significantly due to an increase in essential procurement a

China's Xinjiang expands coal-to-gas capacity to boost eastward supply

China Kingho Xinjiang Group, one of China's coal-to-gas supply companies with long-term stable operation, has started preparation work for Phase II of a coal gasification project, which is expected to

Sichuan Coal fulfills 104% of intra-prov term coal supply contracts in Jan-Nov

Sichuan Coal Industry Group LLC, one major coal firm in southwestern China, has surpassed its coal supply targets for local power plants, completing 104% of its long-term power coal supply contracts f