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Crude benzene prices stay high on bullish factors

Shandong (JLC), July 19, 2023—China’s crude benzene prices stood high amid rising benzene prices and tight supply.

07-19-2023 18:06:02

Hydrogenated benzene prices drop on bearish factors

Shandong (JLC), June 13, 2023—China’s hydrogenated benzene prices declined rapidly amid mixed bearish factors.

06-13-2023 16:57:01

Indonesian coal ban little impacts China's fuel demand from power sector

Guangzhou (JLC), January 5, 2022-- Indonesia's coal export halt has made little impact on China's fuel demand from power generation as China has prepared sufficient coal for this heating season and Indonesian coal accounts for a small share among China's consumption.

01-05-2022 16:51:46

BSPI drops to CNY577/mt on multiple factors

BSPI (Bohai-Rim Steam Coal Price Index) closed at CNY577/mt on January 23rd, down CNY1/mt WoW.

01-25-2018 16:59:57

Four factors boosted steam coal price

Coal supply was tight and coal consumption volume at coastal power plants was higher. Vessels at anchorages increased with high freight rate. Futures price remained high. All these factors drove up steam coal price.

09-22-2017 17:11:47

Coal transactions at northern ports kept robust in early Sep

The spot price edged up in early September, as capacity release was less than expectated and downstream users had great demand for restocking. Steam coal transactions at the main ports around Bohai (Qinhuangdao Port, Jingtang Port, Caofeidian Port and Huanhua Port,

09-19-2017 08:44:44

Shandong and Bohai-rim ports to ban evacuating coal by truck

In early August, Tangshan government issued the Notice about Banning Coal Assembling and Evacuation at Tangshan Port. The notice showed Tangshan Port (including all wharfs at Jingtang Port and Caofeidian Port) would completely ban coal trucks going to ports from August 15th, 2017,

09-06-2017 18:16:38

Bullish factors sustained in steam coal market

In middle to late July, the tight supply in steam coal market was eased with steam coal prices edging down at ports around Bohai, as relevant departments called for speeding up the release of advanced capacity. However, bullish factors will sustain in steam coal market.

08-28-2017 13:53:22

Will economy, environmental protection, import and demand impact on coal market?

Up to early August, steam coal prices stabilized, but those at ports rose in June and July, mainly due to the tight supply and downstream demand

08-25-2017 14:04:20

Steam coal market went down amid the bearish factors

Spot market: China steam coal spot market remained weak. Steam coal prices in main producing regions kept firm amid the smooth sales. But port steam coal prices continued falling amid the lukewarm transactions.

08-21-2017 10:45:43

NDRC: Four factors triggered coal tight supply and price fluctuation

Yan Pengcheng, the National Development and Reform Commission (NDRC) news spokesman, disclosed on the press conference on July 18th that the following factors led to the periodical tight supply and price fluctuation of coal.

07-21-2017 16:29:44

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

The interweaving factors inhibit coal price growth

Some related factors still restricted the spot steam coal price rise around Bohai, which picked up these days.

06-21-2017 17:39:44

NDRC: China completes 65% and 84.8% of coal and steel 2017 de-capacity target

The National Development and Reform Committee (NDRC) disclosed on June 15th, by end-May, China has cut crude steel capacity 42.39 million mt, finalizing 84.8% of annual target; 97 million mt of coal capacity had been eliminated, completing 65% of the annual target.

06-16-2017 17:34:55

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

NEA: 150 mln mt of coal production capacity to be eliminated in 2017

On June 13th, the National Energy Administration (NEA) declared supply-side structural reform of energy should be promoted strongly. The key is to cut coal capacity and pay more attention to the excess capacity risk

06-14-2017 09:58:42

Daqin line transport reaches 1.3 million mt/d with the growing coal output

The inbound coal haulage at Qinhuangdao Port via Daqin line read 650,000 mt/d, showing Daqin line operated with full load at 1.3 million mt/d and it saw a yearly growth of 50%-60%.

06-06-2017 16:18:29

Coal prices keep gloomy in May amid the bearish factors

In May, domestic coal market moved downward, especially for port coal market, coal prices dipped CNY110/mt from the high level of CNY685/mt in late March. This month, run rate of coal mines in producing areas kept high

05-24-2017 09:53:29

Shanxi: 70 mln mt of new capacity to replace 17.4 mln mt of old capacity in 2017

As China’s major coal province, Shanxi will increase the advanced capacity of 70,000 million mt while slashing outdated capacity of 17.4 million mt in 2017 after ranked first in terms of cutting capacity in 2016.

05-24-2017 09:48:03

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

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