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Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust industrial activity.
 
China churned out 970.56 million tonnes of coal between January and March, up from 829.91 million tonnes in the same period in 2020, data from the National Bureau of Statistics (NBS) showed on Friday.
 
Production in March alone was 340.76 million tonnes, down 0.2% on year.
 
While coronavirus restrictions in the first quarter of this year were less stringent than last year’s, output has been curbed by increased safety inspections at coal mines in China following several fatal accidents at mines across the country.
 
Last year, coal mines were shut in January and February as the coronavirus outbreak forced the government to prolong the Lunar New Year holiday and impose travel restrictions across regions, knocking production during those months.
 
Coal consumption has meanwhile soared in the first quarter of 2021, driven by a rebounding economy and strong demand for winter heating amid extreme cold weather.
 
Daily coal use in China’s eight costal provinces jumped by 23.8% as of end-March from a year earlier, according to data from the China Coal Transportation and Distribution Association.
 
Power utilities and end users such as steel mills are calling for coal miners to ramp up output to meet increasing demand, traders said.
 
The statistic bureau on Friday also reported that production of coke, widely used in steelmaking, rose 8.6% on year in January-March to 118.97 million tonnes.
Source: Reuters 


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Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...


Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years   In 2020, total consumption of fossil fuels in t ...


Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...


Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
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Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology Japan is continuing to push its expensive c ...


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