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China MA producers suffer losses amid weak demand, oversupply

05-12-2022 14:00:00

China' s above-scale CBM producers' output rises 12.6% YoY in April 2019

Beijing (JLC), May 22, 2019--China’s above-scale industrial enterprises produced 690 million of coalbed methane (CBM) in April 2019, up by 12.6% year on year, data from National Bureau of Statistics (NBS) shows.

05-22-2019 14:05:29

Coke producers’ inventory had fallen to the lowest level in 2017

China coke price nearly surged to the highest level of 2016, due to supply shortage of coke producers. Coke plants inventory recorded the lowest level in 2017, and coke market would suffer supply shortage in the short run. As of September 11th, the independent coking plants inventory

09-19-2017 08:31:38

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

Top China coal region asks banks to lend a hand to its producers

The Shanxi province has asked banks to support seven coal companies by adjusting lending periods and repayment methods.

06-20-2016 17:23:44

Cheap Gas Hurts Mining Companies As Well As Oil Producers

Low gasoline prices are not just a worry for oil-producing companies and countries, they’re starting to have an unexpected impact on some metals such as copper and the material billed as the new gas, lithium.

03-23-2016 09:34:50

Coal producers' price increase & "Two sessions" to buoy coal market

The Chinese coal market has been recovering slowly since the Lantern Festival.

03-03-2016 14:30:03

53% coal producers in Shuozhou suffer losses in 2015

Coal companies are exposed to various difficulties, including hiking accounts receivable amid difficult sales, intensifying financial pressures amid increasing production cost and slumping corporate profits.

02-23-2016 09:29:03

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

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

About 40% coal producers in Inner Mongolia are in the red

Reportedly, 38% coal producers incur losses in Inner Mongolia under weakening demand and severe overcapacity and they will tackle the difficult situation by curbing coal making capacity and lifting local coal conversion.

12-08-2015 10:35:41

Roundup: China top 10 coal producers' raw coal output in Jan-Oct

China’s top ten coal producers totally manufactured1.242835 billion mt of raw coal from January to October, down by 50.357 million mt or 3.9% on a yearly basis, which accounted for 59.65% of the country’s total output, 0.71 percentage point lower than a year before.

12-03-2015 09:11:08

90 large-sized coal producers see profits slump by 97.7% in Q1-Q3

China’s 90 large-sized coal producers posted a profit of CNY970 million in the first three quarters of the year, slumping by 97.7% from the year-ago level of CNY42.7 billion

11-12-2015 15:08:12

Analyzing Shanxi key coal producers' profits in Jan-Aug

A shift from a “rosy” time to a “bleak” time in Shanxi’s coal sector has put local coal producers in an agonizing situation. They are incurring huge losses amid tight cash flow.

10-09-2015 14:44:39

52 coal producers see 2014 coal output above 10 mln mt

According to the China National Coal Association, a total of 52 coal producers produced over 10 million mt of coal each in 2014, with Shenhua Group, China Coal and Datong Coal Mine being the top three.

09-21-2015 17:41:55

Henan's four largest coal producers incur losses

Reportedly, Pingmei, the only profitable company among Henan’s four major coal producers during the past years, posted a net profit of minus CNY698 million in the first half of 2015, compared with the CNY66.27 million a year ago, making it the largest loss-making coal producer in the province.

09-11-2015 09:00:20

Six listed coal producers estimate a CNY1.9 bln loss in H1

Reportedly, Kailuan Holdings (600997), Coal Gasification (000968), China Coal Energy (601898), Meijin Energy (000723), Shenhuo Energy (000933) and Pingzhuang Energy (000780) predicted a total loss of CNY1.9425-2.4785 billion in the first half of 2015.

07-21-2015 10:50:25

Coal producers incur worse losses in H1

22 listed coal companies are predicted to see a 50% decline in profits on average over the first half year, with a majority of them to suffer an even larger profit reduction of 60%-80%.

07-15-2015 10:27:24

Coal prices plunge by over 50% in three years; producers cut wages

Coal producers in 20 of the monitored 21 provinces (barring Fujian) have generally reduced workers’ wages to remain viable, with some even making a cut of over 30%, ...

07-08-2015 17:06:33

Analysis on coal producers' cost & profitability in May

About 80% of producers in key steam coal and coking coal producing regions monitored are in the red in May, albeit their loss amount somewhat dropped thanks to a slight coal price rally and producers’ effort to cut cost.

06-11-2015 14:05:41

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