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More long-term coal contract was traded at ports, market coal prices may drop

In mid-June, Shenhua Group and China National Coal Group suspended the spot thermal coal sales. On July 11th, in order to guarantee coal using of the long-term coal contract users, Shenhua Trading Group issued the Notice about Stopping Selling the Spot Steam Coal again.

07-14-2017 18:24:29

Hansteel Company signs cooperation contract with Hebei Port Group

HBIS Group Hansteel Company officially signed strategic cooperation framework agreement with Hebei Port Group to build long-term strategic partnership and reach a consensus of deepen cooperation on port logistics, transport, iron ore and steel business

06-14-2017 18:01:40

Port market coal prices drop below long-term contract price

China entered the traditional slack season of coal consumption, and affected by thermal power unit overhaul and downstream thick wait-and-see attitude, power plants had weak intentions to transport coal. The anchored vessels at ports around Bohai reduced against the peak season

05-17-2017 16:58:28

Railway bureaus to sign transport contracts with coal producers and power plants

China Railway Corporation will push railway bureaus to sign production, transportation and demand contracts with coal suppliers and buyers.

12-07-2016 16:30:56

Kailuan and Jizhong Energy ink 5.72 mln mt coal supply term contract with power plants

Kailuan Group and Jizhong Energy Group inked 5.72 million mt coal supply medium and long term contract with five major power groups’ branches in Hebei province and Hebei Construction & Investment Group Co., Ltd alike.

12-07-2016 14:57:02

China coal market returns to term contract period, with contract violation cost rising

At the contract signing ceremony on December 1st, large coal companies signed 102.2 million mt of steam coal supply contract and 54.5 million mt of coking coal supply contract, marking the coal industry reenters into a term contract era.

12-06-2016 17:32:12

Shaanxi Coal & Chemical, Huadian ink 2017 coal term contract

Shaanxi Coal & Chemical Industry Group signed mid- and long-term steam coal supply contract for 2017 with China Huadian Corporation on November 25th, the company announced on its website on November 28th.

11-30-2016 10:46:15

Shenhua Group and China Coal ink 2017 steam coal contract with three more big power plants

On the morning of November 11th, Shenhua Group and China National Coal Group Corp. signed 2017 medium and long term steam coal supply contract with China Huaneng Group, China Datang Corporation and China Guodian Corporation in Beijing。

11-15-2016 09:50:23

Shenhua, China Coal sign term contracts with large utilities

China's coal giants Shenhua Group and China National Coal Group have signed mid- and long-term thermal coal supply contracts with China Huadian Corp and State Power Investment Corp – two major power producers on November 8, the state planner said.

11-11-2016 17:00:57

ZCE lifts steam coal contract trading fees to CNY6/lot

The Zhengzhou Commodity Exchange (ZCE) announced on October 24th to lift steam coal transaction commissions from CNY4/lot to CNY6/lot as of the evening trading on October 24th, 2016.

10-25-2016 14:19:55

Forward-month steam coal contract shows a widening premium over the near-month

The steam coal futures market is expected to extend the uptrend in the medium term owing to sustaining supply-side reform. Investors are suggested to increase long positions properly at low prices.

07-07-2016 14:47:03

Steam coal spot prices to outshine coal majors' contract prices in July

Many industrial sources told the reporters on June 29th that waterborne steam coal prices would rise by CNY15/mt at the Chinese northern ports in July.

06-30-2016 14:33:35

Shanxi encourages coal producers and power plants to ink 3-5 year long term contract

The Shanxi Provincial Commission of Economy and Information Technology releases the Notice on Accomplishing 2016 Provincial Power-Coal Cohesion Work, incenting power plants and legal coal producers to sign 3-5 year long term coal supply contract with volume and price fixed.

12-22-2015 18:02:39

Yankuang Group inks 33 mln mt coal supply contract for 2016

Yankuang Group secured 33 million mt of coal supply contract and signed letters of intent for coal supply with multiple power plants in and out of the province at its 2016 Coal Supply and Demand Conference held in Jinan on December 9th.

12-17-2015 15:07:35

Ordos coal producers secure 256 mln mt coal sales contract

A total of 55 coal producers in Ordos signed coal sales contract with 148 end users at the 2016 China Coal Trade Conference, totaling 256 million mt in volume. Some producers are still in talks about coal sales .

12-08-2015 11:44:51

Hubei power plants to increase coal contract orders from Pingmei Shenma

Power plants in Hubei including Guodian Changyuan Power, Huadian Hubei Branch, Huaneng Hubei Branch, China Power International, China Resources Power Holdings Co., Ltd Hubei Branch and Hubei Energy expressed intention to increase coal contract purchase volume from the coal producer in 2016.

11-19-2015 17:07:31

Will Japan-Australia met coal contract price continue to decline?

Therefore, there is optimism in the long term seaborne met coal market, whereas it is expected to remain at low levels at least in 2015 and 2016.

06-11-2015 17:27:37

Kailuan Group contracts with GCH to build a low CV coal fired power generation project

Kailuan Group, based in Hebei of China, inked an agreement with Golden Concord Holdings Limited (GCH) about establishing a 2×350 megawatt low calorific value (CV) coal fired power generation project the other day, marking a substantial step for the CNY3.2 billion project.

01-29-2015 09:45:50

Coal prices retreats as annual contract talks draws to the end

The 2015 coal supply and demand contract summary meeting was held in Hangzhou on January 13th. With their talks between power plants on the annual coal contract coming to an end, coal miners are divided in firming prices and coal prices are predicted to be rangebound or to slide in the short term.

01-14-2015 17:36:59

Guanghui Energy inks 6 mln mt coal sales contract

Under the contract, the former will sell 6 million mt of steam coal and modified coal to the latter, with delivery time spanning from December 29th, 2014 to December 28th, 2015.

01-14-2015 16:31:48

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