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2018-10-22 12:05:00

CHINA'S COAL UP BY 3.2%

CHINA'S COAL UP BY 3.2%

REUTERS - China's coal output hit its highest in nine months in September, government data showed on Friday, boosted as new mining capacity started up in the country's northwest.

China has been given the go-ahead for a number of big coal mines as it tries to ease concerns about fuel shortages amid a crackdown on small outdated mines and tightened emission controls.

Miners churned out 306.01 million tonnes of coal last month, up 3.2 percent from 296.6 million tonnes in August and up 5.2 percent from the same time last year, according to the data from the National Bureau of Statistics (NBS).

Output over the first nine months of 2018 in the world's top producer of the commodity reached 2.59 billion tonnes, up 5.1 percent from a year earlier.

"The increase in coal output is not surprising as new mining capacity in the northwest was released on schedule," said Cheng Gong, senior coal analyst at Zheshang Securities.

Coal output from the region of Inner Mongolia last month jumped 11.3 percent from the same month in 2017, while Shaanxi province saw growth of 9.9 percent, according to NBS.

By the end of June, China had a total of 3.49 billion tonnes of coal mining capacity, while another 976 million tonnes of capacity is still under construction, according to data from the National Energy Administration.

"We expect to see more capacity being released in the coming months, which will further boost coal output in China," said Cheng.

Meanwhile, northern China will soon turn on coal- or gas-powered heating as temperatures drop sharply in the run-up to winter. The official heating season starts on Nov. 15.

Benchmark thermal coal prices on the Zhengzhou Commodity Exchange CZCcv1 have risen around 6 percent from early September.

 

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Earlier: 

 Coal
2018, September, 12, 12:10:00

ЭНЕРГИЯ РОССИИ ДЛЯ КИТАЯ

МИНЭНЕРГО РОССИИ - «За 8 месяцев 2018 г. на 30,4% выросли поставки нефти в КНР и составили 26,12 млн тонн. Экспорт угля в первом полугодии увеличился на 8,6%, поставлено 12,89 млн тонн угля. Также в первом полугодии 2018 г. китайские потребители получили из России 1,38 млрд кВт ч. электроэнергии, что на 12,4% больше аналогичного показателя прошлого года», - сказал Министр.

 Coal
2018, August, 31, 11:30:00

РОССИЯ: БОЛЬШЕ УГЛЯ

МИНЭНЕРГО РОССИИ - Заместитель Министра отметил, что потребление угля в мире ежегодно растёт на 2-2,5%, увеличиваются и объёмы поставок из России. «За двадцатилетний период доля России на международном рынке выросла с 6% до 14%. В этом году мы ожидаем, что экспорт угля из России составит около 200 млн т, это рекордные показатели за всю историю», - отметил замминистра.

 

 Coal
2018, July, 16, 10:10:00

CHINA'S COAL IMPORTS UP 10%

PLATTS - China imported 146 million mt of coal and lignite in the first half of 2018, up 9.9% from the previous year and a three-year high, according to preliminary data released Friday by the General Administration of Customs. In June China imported 25.5 million mt of coal, up 17.9% on the year and 14% on the month from 22.3 million mt in May, the data showed.

 Coal
2018, July, 16, 10:05:00

RUSSIAN COAL UP 4%

PLATTS - Russian miner SUEK (Siberian Coal Energy Company) produced 55.6 million mt of coal in the first six months of 2018, which was an increase of 4% on the year, according to a statement from the company late Thursday.

 Coal
2018, June, 13, 13:35:00

ЭНЕРГИЯ РОССИИ ДЛЯ КИТАЯ

МИНЭНЕРГО РОССИИ - Было отмечено, что отношения России и Китая носят дружественный, добрососедский характер, поступательно развиваются в духе всеобъемлющего стратегического партнёрства: стабильно растет товарооборот, увеличиваются инвестиции.

 Coal
2017, December, 20, 19:40:00

COAL IN STAGNATION

IEA - Coal’s share in the global energy mix is forecast to decline from 27% in 2016 to 26% in 2022 on sluggish demand growth relative to other fuels. Growth through 2022 is concentrated in India, Southeast Asia and a few other countries in Asia. Coal demand declines in Europe, Canada, the United States and China, the largest coal consumer by far, and where we forecast a structural but slow decline with some fluctuations linked to short-term market requirements.

 Coal
2017, December, 18, 12:20:00

AUSTRALIA STOPS COAL

PLATTS - National Australia Bank announced Thursday it will no longer provide financing for new thermal coal projects.

 

 

Tags: CHINA, COAL

Chronicle:

CHINA'S COAL UP BY 3.2%
2018, November, 19, 11:20:00

U.S. SECURITIES OUTFLOW $29.1 BLN

U.S. DT - The sum total in September of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $29.1 billion. Of this, net foreign private inflows were $23.5 billion, and net foreign official outflows were $52.7 billion.

CHINA'S COAL UP BY 3.2%
2018, November, 19, 11:15:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in October, as a gain for manufacturing outweighed decreases elsewhere. As a result of upward revisions primarily in mining, the overall index is now reported to have advanced at an annual rate of 4.7 percent in the third quarter, appreciably above the gain of 3.3 percent reported initially.

CHINA'S COAL UP BY 3.2%
2018, November, 19, 11:10:00

GREEN NUCLEAR ENERGY

WNN - "nuclear energy is a "mature, low greenhouse gas emission source of baseload generation that could make an increasing contribution to global development based on low-carbon energy supply".

CHINA'S COAL UP BY 3.2%
2018, November, 19, 11:05:00

SAUDIS, PAKISTAN INVESTMENT: $6 BLN

ARAB NEWS - Saudi Arabia has shown investment interest in Pakistan’s largest coastal refinery, a multibillion-dollar project being set up at Khalifa Point, near Hub, Balochistan, officials have confirmed.

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