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The 40000th JAC Gallop Rolled off The Production Line

Jan 10, 2017

At 8:30 a.m of December 19, a colorful GALLOP K3 was rolled off the production line in JAC heavy truck assembly plant, which was a new milestone of JAC heavy-duty CV company. The exciting moment announced the birth of the 40,000th heavy ...

Tags: GALLOP K3, JAC

China Top Coal Producer Reports Less Profits in Q1

May 3, 2016

China Shenhua Energy Company Limited, the nation's top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016. Shenhua, a State-owned ...

Tags: coal producer, coal

Europe's Ara Coal Stocks Rise 3.1% on Week to 5.74 Mil Mt

Nov 4, 2015

* Stocks climb at EMO Dry Bulk Terminal and OBA Bulk Amsterdam * Low Rhine river levels impact barging from ARA ports Four delivery terminals in Northwest Europe's Amsterdam-Rotterdam-Antwerp trading hub had combined coal stocks of ...

Tags: Ara Coal, stocks, prices

Duke Energy Indiana Defers Coal Deliveries as Seeks to Cut Stockpiles

Nov 4, 2015

Duke Energy Indiana has deferred into 2016 some coal contracted for delivery this year as it seeks to cut down on a stockpile that at one point approached 5 million st or 80 days of supply, a company official said in a filing to the state's ...

Tags: Duke Energy, coal, fuel

China Thermal Coal Import Demand to Fall Sharply

Sep 27, 2015

Chinese demand for seaborne-traded thermal coal will fall sharply from 2016, dragging prices down in its wake, analysts at Goldman Sachs said this week. In a report entitled The Tiger and the Dragon, the bank's analysts downgraded their ...

Tags: Thermal Coal, Coal, Coal Mining

China's Coal Imports Declined 32.7% on Year

Apr 16, 2015

China's coal imports, including lignite, thermal and metallurgical coal, fell 32.7% year on year to 17.03 million mt in March, the ninth consecutive year-on-year decline, data from the General Administration of Customs (GAC) showed Monday. ...

Tags: Coal Imports, Coal Market

China Shanxi's Oct Coal Output Rises 13% on Month

Nov 28, 2014

Coal output in China's Shanxi province rose 12.96% month on month and edged up 0.15% year on year to 81.43 million mt in October, reversing a three-month decline, latest Shanxi Coal Industry Administration data showed Wednesday. The ...

Tags: Coal output, mines

China's Coal Production Down 1.44% in Jan-Aug

Sep 23, 2014

In the January-August period of the year, China produced 2.518 billion mt of coal, down 1.44 percent year on year, while it sold 2.4 billion mt of coal in the same period, down 1.62 percent year on year, as announced by the China National ...

Tags: Coal, Coal output, Coal market

China's Coal Production & Sales Were Lower in June

Jul 18, 2014

China's coal production and sales were lower in June, compared with year-ago levels and the previous month, data released Wednesday by the China National Coal Association showed, as sluggish demand and falling prices weighed on miners. ...

Tags: Coal, raw coal, Mineral

China's Domestic Thermal Coal Prices Slumped

Jul 16, 2014

Prices in China's domestic thermal coal market slumped dramatically in Monday's Asian trading session as the effect of Shenhua's cut to its thermal coal prices late last week and depressed buying interest among Chinese power plants took a ...

Tags: Thermal Coal, Coal Prices, coal

China's Mining and Washing Industry Falls 43.9%

Jul 1, 2014

China's coal mining and washing industry reported profits falling 43.9% year on year to Yuan 51.26 billion ($8.3 billion) during the first five months of this year, mainly due to sagging coal prices, data from the National Bureau of ...

Tags: Coal Mining, Washing Industry

Uncertainty Over Price Cuts Affects Imported Coal

Jun 29, 2014

Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...

Tags: Thermal coal, Domestic Cargoes

Shenhua Is Trying to Persuade Traders and Utilities to Buy More Coal

Jun 25, 2014

China's largest coal producer Shenhua Group is trying to persuade traders and utilities to buy more coal in a bid to reduce inventories at ports as relatively high stocks at utilities and robust hydropower production continue to weigh on ...

Tags: Coal Stocks, China's Shenhua

China's Coastal Coal Freight Rates Are Showing Signs of Stabilizing This Week

Jun 23, 2014

China's coastal coal freight rates are showing signs of stabilizing this week, after falling for three months amid lackluster shipping demand from utilities. As of June 18, the shipping rate for vessels of 50,000-60,000 dwt from ...

Tags: Fenwei Energy, Freight Rates

China Shenhua Produced Less Commercial Coal in May

Jun 22, 2014

China Shenhua Energy, the listed subsidiary of the Shenhua Group, produced 25.2 million mt of commercial coal in May, down 5.6% from a year ago but up 4.1% from April, the company said late Tuesday. The company's coal sales stood at ...

Tags: Commercial Coal, Coal Sales

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