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Tuesday, 20 September 22
CHINA'S DAILY COAL OUTPUT HITS 3-MONTH LOW IN AUGUST ON RAINS, COVID CURBS - REUTERS
China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even shut down due to heavy rainfall and COVID-19 curbs.
China, the world’s top coal producer, mined 370.44 million tonnes of the fossil fuel last month, data from the National Bureau of Statistics showed on Friday, equivalent to 11.95 million tonnes per day.
That compares with 10.81 million tonnes per day in August last year and 12.02 million tonnes per day in July.
Over the first eight months, China churned out 2.93 billion tonnes of coal, up 11% from a year earlier.
The month-on-month drop came as some coal mines in top mining regions Inner Mongolia and Shaanxi suspended or lowered output from mid-August following heavy rain and an outbreak of COVID that triggered curbs on businesses.
Average operational rates at 442 coal mines in Shanxi, Shaanxi and Inner Mongolia were 82.4% in August, the lowest level since February, when most mines shut down for the Lunar New Year holiday, according to data tracked by China Coal Transport and Distribution Association.
But coal output was still supported by strong seasonal demand, and Beijing’s urge to ensure market supply.
Coal-fired power generation climbed to a near-record level of 9.89 terrawatt-hours on Aug. 20, according to data analytics consultancy Kayrros, as a heatwave hit most of the country, stoking air-conditioning demand, while hydropower generation was curbed by severe drought.
Source: Reuters
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Friday, 23 September 22
CHINA DIGS DEEP TO RAISE COAL OUTPUT TO RECORD HIGH - REUTERS
China’s coal production has surged this year as the government seeks to improve energy security by reducing dependence on imports and amassin ...
Friday, 23 September 22
EUROPEAN STEEL BUYERS SEEK DIRECTION IN VOLATILE MARKET - MEPS INTERNATIONAL
Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the f ...
Friday, 23 September 22
BUOYANT COAL INDUSTRY SEEKS WAYS TO STAY IN THE LONG-TERM ENERGY MIX - REUTERS
There’s no doubt that the global coal industry has been a major beneficiary of Russia’s invasion of Ukraine and the subsequent energy c ...
Friday, 23 September 22
MARKET INSIGHT - INTERMODAL
In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance eve ...
Tuesday, 20 September 22
CHINA COAL OUTPUT UP 8.1 PCT IN AUGUST - XINHUA
China’s raw coal output posted stable expansion in August, official data showed.
The country produced 370 million tonnes of ra ...
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- Directorate General of MIneral and Coal - Indonesia
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- Merrill Lynch Commodities Europe
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- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
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- Planning Commission, India
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- Ministry of Finance - Indonesia
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- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
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- Aditya Birla Group - India
- GMR Energy Limited - India
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- Formosa Plastics Group - Taiwan
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- Global Coal Blending Company Limited - Australia
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- Romanian Commodities Exchange
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- Thai Mozambique Logistica
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- Bulk Trading Sa - Switzerland
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- Coalindo Energy - Indonesia
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- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
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- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
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- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
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- MS Steel International - UAE
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
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- Africa Commodities Group - South Africa
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- Economic Council, Georgia
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- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Wood Mackenzie - Singapore
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- Power Finance Corporation Ltd., India
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- India Bulls Power Limited - India
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- Videocon Industries ltd - India
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- AsiaOL BioFuels Corp., Philippines
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- VISA Power Limited - India
- The University of Queensland
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- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
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- London Commodity Brokers - England
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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