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Sunday, 29 December 19
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 551 yuan (about 78.8 U.S. dollars) per tonne Wednesday, a rise of one yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
Analysts said that with the recent tightening of special safety rectification, the operating rate has obviously declined, leading to a rise in coal prices in the main coal-producing areas.
As the year-end approaches, traders were speeding up the delivery of goods to collect money. Transit ports were in a state of net transfer-out, and coal stocks have dropped significantly. In addition, the coal storage in major coastal power plants has dropped below 16 million tonnes. The coal market was lifted on positive sentiment, due mainly to recent inventory destocking trends.
On the whole, the short-term market presented a slow upward trend, but in January, downstream coal consumption will be gradually weakened. After the resumption of coal imports, the market is still inclined to be bearish, which limits the rise of coal prices, according to analysts.
Released every Wednesday, the BSPI is a leading indicator of China’s coal prices.
Source: Xinhua
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Tuesday, 21 January 20
ASIA'S APPETITE FOR COAL GROWS, WITH CHINA THE KEY DECIDER - NIKKEI
Although renewable power generation is expected to rise significantly in Asia, India’s vast electricity needs will still underpin global dema ...
Tuesday, 21 January 20
THERMAL COAL PRICES SET FOR RECOVERY THIS YEAR AS OVERSUPPLY TIGHTENS - REUTERS
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian cou ...
Monday, 20 January 20
INDIA TO STOP SUBSTITUTABLE COAL IMPORT; CAN GO FOR AUCTION OF 100 FULLY EXPLORED NEW BLOCKS: JOSHI - PTI
The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act ...
Monday, 20 January 20
CHINA DECEMBER COAL OUTPUT UP 2.4 PERCENT ON YEAR - STATS BUREAU: REUTERS
China produced 331.74 million tonnes of coal in December, up 2.4 percent on the year, the National Bureau of Statistics said on Friday.
...
Monday, 20 January 20
CHINA IMPORTED 124.4 MLN TONNES OF COAL FROM INDONESIA IN 2019, UP 15.1 PERCENT YOY - BANCHERO COSTA
China's coal imports raced ahead in 2019, surprising many who had expected that in the months of 2019 to come the government would clamp down s ...
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- Asmin Koalindo Tuhup - Indonesia
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- Parliament of New Zealand
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- The University of Queensland
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- Planning Commission, India
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- India Bulls Power Limited - India
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- Directorate Of Revenue Intelligence - India
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- Mintek Dendrill Indonesia
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
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- Vizag Seaport Private Limited - India
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- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- Wilmar Investment Holdings
- Indonesian Coal Mining Association
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- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
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