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Wednesday, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform Commission said Friday.
 
The power plants had 170 million tonnes of coal in the storage as of Wednesday, up 52 million tonnes year on year, hitting a record high, the China Securities Journal reported.
 
The coal storage can last for 22 days. Coal consumption in the plants stood at 7.15 million tonnes on Wednesday, down 9 percent week on week.
 
The commission had stressed ensuring a stable and orderly energy supply during important periods including the Spring Festival holiday and the Beijing Winter Olympics and Paralympics while securing the energy supply for winter heating.
 
Some regions in China reported tight coal and power supply in late September last year. Following the September power blackouts, the country has called for efforts to prioritize energy sufficiency in a series of meetings.
Source: Xinhua News Agency


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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...


Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...


Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter. ...


Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.    Earnings generation should slow down as selling pr ...


Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...


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