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China's Apparent Oil Demand up 5.3% in 2017

Apr 8, 2017

China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...

Tags: oil demand, Oil products

Taiwan Jan Thermal Coal Imports Rise 31% on Year

Mar 17, 2017

Taiwan imported 5.70 million mt of thermal coal in January, up 31% year on year and 15% from December and a three-month high primarily due to climbing Australian shipments, customs data showed late Wednesday. Imports of Australia thermal ...

Tags: thermal coal, coal shipments

No Large-Scale Cuts From Chinese Coal Mines

Mar 9, 2017

China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...

Tags: Coal Mines, Coal

China Promises Further Cuts to Steel Capacity

Mar 6, 2017

Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...

Tags: Steel Capacity, Coal

Industrial SOEs See Healthy Gains in 2016

Mar 3, 2017

China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...

Tags: industrial enterprises, manufacturing sectors

China's Coastal Coal Freights Began Rising in Week

Feb 22, 2017

Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...

Tags: coal, coal demand

Coal Production Down 9.4 Pct in 2016

Feb 3, 2017

Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal companies ...

Tags: Coal Production, Coal

China 13th Five-Year Plan Goal

Jan 31, 2017

China’s National Development and Reform Commission (NDRC) officially released the full articles of the 13th Five-Year Plan, regulating the energy development roadmap and action plan from 2016 to 2020. For solar PV, the basic ...

Tags: low-carbon energy, solar PV

China's Shenhua December Coal Output Rises 0.4%

Jan 24, 2017

Major Chinese miner Shenhua Group's commercial coal production in December reached 25.30 million mt, up 0.4% year on year, the company said Sunday. Coal sales rose 4.8% year on year to 34.7 million in December, of which sales of ...

Tags: commercial coal, coal

China's December Coal Imports Surge 52% on Year

Jan 18, 2017

China imported 26.84 million mt of coal in December, including lignite, thermal and metallurgical material, down 0.5% from November but up 52.2% year on year, according to preliminary data released Friday by China's General Administration ...

Tags: Coal Imports, Coal

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 Eyes Greener Energy Mix by 2020

Jan 10, 2017

Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...

Tags: Greener Energy, clean energy

Chinese Nov Thermal Coal Imports Surged on Year

Dec 27, 2016

China imported 11 million mt of thermal coal in November, rising 69.2% year on year and 50.5% on the month to the highest volume since December 2014, data released by the General Administration of Customs showed Friday. During the ...

Tags: Thermal Coal, Coal

China to Eliminate Import Tax on Australian Coal

Dec 16, 2016

Australian thermal coal cargoes arriving at China's ports on January 1, 2017, and thereafter will be clear of the Asian country's 2% import tax, currently equivalent to $1.50/mt, and levied on the delivered CFR South China price of ...

Tags: Thermal Coal, Coal

China Is Facing Growth Deceleration

Dec 12, 2016

A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...

Tags: Chinese economy, global economy

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