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2018-07-16 10:10:00

CHINA'S COAL IMPORTS UP 10%

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.

This rebound in coal demand is underpinned by tight supply stemming from ongoing safety and environmental checks at major coal mines amid firm summer electricity demand, ANZ research analysts said in a note Friday.

"We see the tighter environmental regulations on mining and smelting should keep imports firmer in H2," ANZ analysts said. "However, rising trade tensions could weigh on sentiment."

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Earlier:

U.S. COAL EXPORTS UP BY 61%
2018, April, 20, 09:10:00

U.S. COAL EXPORTS UP BY 61%

EIA - The United States exported 97.0 million short tons (MMst) of coal in 2017, a 61% (36.7 MMst) increase from the 2016 level. Exports to Asia more than doubled from 15.7 MMst in 2016 to 32.8 MMst in 2017, although Europe continues to be the largest recipient of U.S. coal exports.

GLOBAL ENERGY DEMAND + 2.1%
2018, March, 28, 11:15:00

GLOBAL ENERGY DEMAND + 2.1%

IEA - Global energy demand rose by 2.1% in 2017, more than twice the previous year’s rate, boosted by strong global economic growth, with oil, gas and coal meeting most of the increase in demand for energy, and renewables seeing impressive gains.

 COAL IN STAGNATION
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.

 CHINA'S ENERGY CONSUMPTION UP 1.4%
2016, December, 29, 18:40:00

CHINA'S ENERGY CONSUMPTION UP 1.4%

China aims to raise the ratio of non-fossil fuel consumption to 14.3 percent in 2017, while cutting the ratio of coal to 60 percent.

 GAS & COAL COMPETITION
2014, November, 20, 21:30:00

GAS & COAL COMPETITION

The real threat for gas in Europe does not come from Russia, but from internal mechanisms that keep giving an edge to coal.

 
 

 

 

Tags: CHINA, COAL,