Wednesday, January 18, 2012
China Qinhuangdao Port's weekly inbound coal railings down 0.4% on week
Qinhuangdao Port in northern China received 4.975 million mt of coal by rail in the week to January 15, down 19,000 mt or 0.4% from the previous week, the port said in a statement Monday. Meanwhile, the port shipped out 4.902 million mt of coal in the week to January 15, up 467,000 mt or 10.4% week on week.
Qinhuangdao Port held 6.995 million mt of coal as of January 15, up 73,000 mt or 1.1% from a week ago, Platts reported previously. The number of vessels queuing at the port fell 11% week on week to 89 on January 15.
Source: Platts
Wednesday, November 23, 2011
Coal Stockpiles at China main ports rebound to 13 million tonnes
Coal inventories at the four major harbors around Bohai Sea increased to 13.877 million tonnes due to severe weather in the week ending November 20 up by 16.11% or 1.926 million tonnes marking the highest growth at record.
Coal Stocks at Major Ports around Bohai Sea during November 14 to 20 2011
| Port | Coal Stocks | Up/Down | Growth% |
| Qinhuangdao port | 687 | 104.7 | 17.98 |
| Jingtang port | 226 | 36 | 18.94 |
| SDIC Caofeidian port | 240 | 35 | 17.07 |
| Tianjin port | 234.7 | 16.9 | 7.75 |
(In 10,000 tonnes)
Industry sources said that coal stocks at the four ports will fall slightly once weather turns better and thermal coal prices are expected to edge down accordingly.
(source: steelhome.cn/en)
Friday, November 18, 2011
Coal Stockpiles at China's Main Ports Decline After 5 Weeks of Increase
Coal inventories at the four major harbors around Bohai Sea witnessed a fall after rising for five weeks in a row.
Coal stockpiles at the four major harbors decreased to 11.951 million tonnes in the week ending November 13, down 2.24 percent or 274,000 tonnes from 12.225 million tonnes in the previous week.
Coal Stocks at Major Ports around Bohai Sea During Nov.7-13, 2011
| Port | Coal Stocks (in 10,000 tonnes) | Up/Down (in 10,000 tonnes) | Growth% |
| Qinhuangdao port | 582.3 | -29.2 | -4.77 |
| Jingtang port | 190 | 5 | 2.7 |
| SDIC Caofeidian port | 205 | 2 | 0.98 |
| Tianjin port | 217.8 | -5.2 | -2.33 |
Industry sources said that coal stocks at the four ports will edge up next week given the weakening demand from downstream sectors and correspondingly thermal coal prices will show slight rise.
sourced steelhome.cn/en
Tuesday, November 15, 2011
China power station coal price declines for first time in three months
Bloomberg reported that China benchmark thermal-coal price fell for the first time in three months dropping from a three year high as utilities finished building stockpiles for winter.
According to the China Coal Transport and Distribution Association coal with an energy value of 5,500 kilocalories per kilogram at Qinhuangdao port slid 0.6% to a range of CNY 845 to CNY 855 per tonne recently from a week earlier. That’s the first decline since August 14.
The National Development and Reform Commission said last month that Chinese utilities typically start to buy the fuel they need for winter heating demand in September and complete stockpiling by November. The nation largest power stations held 70.9 million tons of inventories as of October 18 the equivalent of 20 days of consumption.
Mr David Fang a director at the association said “Stockpiles at power stations are very high and there’s no reason why they need more than what they already have now. Prices will go even lower from here, at least until another round of stockpiling during the coldest periods early next year.”
According to the data inventories at Qinhuangdao which ships half of China seaborne coal supplies mined from inland regions fell 2.5% to 5.89 million tonnes as of yesterday from a week earlier.
(Sourced from Bloomberg)
Wednesday, October 12, 2011
China Coal Price Rises as Qinhuangdao Stockpiles Plunge 25%
Oct.11 (Bloomberg) - Coal for generating power rose at China's Qinhuangdao port as inventories plunged to the lowest level in two years as utilities bought more before winter.
Coal with an energy value of 5,500 kilocalories per kilogram rose 0.6 percent to a range of 840 yuan ($132) to 850 yuan a metric ton yesterday, compared with two weeks earlier, according to data today from the China Coal Transport and Distribution Association. The association didn't publish data a week ago because of a national holiday.
Stockpiles at the port, which ships half of China's seaborne coal supplies, fell 25 percent to 4.41 million tons from two weeks earlier. That's the lowest level since inventories dropped to 4.06 million tons on Oct. 11, 2009.
Power plants in China typically start buying fuel from late September before peak heating demand during the colder months. This year, the biggest railway carrying coal from the northern mining province of Shanxi to Qinhuangdao started repairs on Sept. 21 for as long as 15 days, according to the Qinhuangdao Seaborne Coal Market industry website. The Daqin Railway repairs would cut daily capacity by 300,000 tons, the website said.
“Stockpiles fell as supplies reaching Qinhuangdao decreased because of the Daqin maintenance,” according to a report published on the association's website today. “Demand for coal also has risen as major power stations and heating companies started stockpiling coal early.”
Coal prices at Qinhuangdao are expected to remain steady in October as rising domestic demand is offset by increasing imports, the association said in the report.
China's coal imports rose to a record 17.5 million tons in July, according to customs data. Overseas purchases fell to 16.6 million tons in August, still 27 percent above the 13.1 million- ton monthly average from January to August.
(sourced BusinessWeek)
Monday, October 10, 2011
Coal stocks in China’s QHD port fell to two years
During China’s Golden Week, the coal stocks in China’s Qin Huang Dao (QHD) port plunged to a two year low of 3.97 million tonnes, a 46% slash from 7.3 million
tonnes in early September. Two points are worth mentioning regards to this phenomenon. Firstly, China’s DaQin railway went into the 2nd round of maintenance for around 15 days (20 Sep to 5 Oct), which results in a daily reduction of 0.3 million tonnes in coal shipments to northern ports. Secondly, five coal mines, which account for around 5 million tonnes of monthly output, have been forced to shut down for overhauls after a fatal accident. China’s domestic coal prices, as a result, have reasonably begun to creep up. After the Golden Week when the DaQin railway is back to full capacity, QHD port’s coal stocks are expected to be gradually refilled. Nonetheless, as Chinese power producers ramp up their seasonal restocking during the remainder of the October, this will likely create support for coal prices and also imply firm demand for domestic and foreign coal suppliers this month.
Source: ICAP Shipping
Friday, September 16, 2011
Coal stockpiles at Qinhuangdao Port decrease significantly
Coal shipment at Qinhuangdao port, China top coal loading port increased by 9.27% or 458,000 tonnes from a week earlier to 5.508 million tonnes in the week from September 5 to September 11 averaging 786,900 tonnes per day.
Coal handling at the port has witnessed a sharp rise of nearly 1.76 million tonnes within five weeks on the back of stronger demand before overhaul of Daqin railway starts.
In the week, coal haulage to the port via railway registered 4.904 million tonnes, a drop of 5.02% or 259,000 tonnes from the prior week, averaging 700,600 tonnes per day. This marks the end of three consecutive weeks’ increase in coal deliveries to the port.
Up to September 10, coal stockpiles at the port fell by more than 8% or 604,000 tonnes to 6.676 million tonnes. Thermal coal prices at major ports around Bohai Sea headed up after 9 consecutive weeks' fall. The latest Bohai-Rim Steam-Coal Price Index, or BSPI, indicates that the price of thermal coal with calorific value of 5500 Kcal/kg averaged at CNY 826 per tonne up 0.12% or CNY 1 per tonne from a week earlier.
(source steelhome)
Tuesday, August 16, 2011
China Coal Prices Face ‘Upward Pressure,’ UOB-Kay Hian Says
Tue,Aug 16, 2011 |By Bloomberg
China’s thermal coal prices face “upward pressure” and may rebound earlier than expected after stockpiles at ports and power stations declined, UOB-Kay Hian Ltd. said.
Demand for domestic coal was reflected in rising freight rates to deliver the fuel from Qinhuangdao port to Shanghai or Guangzhou, Helen Lau, a Hong Kong-based analyst at UOB-Kay Hian, said in an e-mailed note today. Freight costs climbed as much as 3 percent for the week ended Aug. 10 from a week earlier, reversing a downtrend since June, she said.
China’s thermal coal prices typically fall during July through September after power plants complete stockpiling the fuel to meet summer demand. Last year, prices began to rebound in late September as utilities replenished inventories consumed during the peak season, according to data from the Beijing-based China Coal Transport and Distribution Association.
Inventories at the top six Chinese power generation companies have fallen to the equivalent of 15 days of consumption after staying above 17 days since June, Lau said in today’s note. Inventories below 15 days represent supply tightness, she said.
Daily coal consumption at power plants rose to a record in July as electricity demand expanded 12 percent from a year earlier, Cai Hongyu, a Hong Kong-based analyst at China International Capital Corp., the nation’s biggest investment bank, said in a separate e-mailed note today.
China’s thermal coal prices should rebound in September as utilities restock and maintenance begins at Daqin railway, a major coal transportation rail-line, Cai wrote.
Monday, May 30, 2011
Qinhuangdao port coal throughput up 6 pct
Coal handling at Qinhuangdao port, China’s top coal loading port, increased again last in the week from May 16 to 22, up by 5.96% from a week earlier.
Qinhuangdao Seaborne Coal Market said that coal shipment from the port reached 5.39 million tonnes last week, averaging 769,300 tonnes per day. The number has been increasing for two consecutive weeks, data showed. Coal deliveries to the port via railway gained 3.9% from the previous week to 5.35 million tonnes, namely 764,600 tonnes per day.
Qinhuangdao port had 5.89 million tonnes coal in stock on average per day in the week. As of May 22, coal stockpiles at the port were 5.79 million tonnes. (sourced sxcoal)
Monday, March 7, 2011
QHD port rail coal supply rises last week

Mar 7, 2011
During the week, coal haulage to the port was an increase of 6.55 percent compared to last week to 4.81 million tonnes, averaging 687,700 tonnes per day, said the report.
Data showed Qinhuangdao port handled a total of 4.51 million tonnes coal last week, and daily 644,000 tonnes coal was shipped, surging 20.4 percent from a week ago.
An average of 168 vessels waited off the port for loading each day, growing 7.7 percent from a week before, showed data.
Last week, coal inventory at the port, once the highest 8.48 million tonnes on Mar 1 since 2011, averaged 8.42 million tonnes per day. As of Mar 6, Qinhuangdao port had 8.39 million tonnes coal in stock.(sourced:en.sxcoal)
Friday, March 4, 2011
China Coal-Prices stay at 4-mth low; seen weak til May
* Market well-supplied
* Chinese coal discount vs Australian imports highest since '08
By Fayen Wong
Some Chinese traders remained bearish on the market and voiced concerns that demand would only pick up in late April or May ahead of summer restocking by utilities.
Coal with a heating value of 5,500 kcal/kg was flat at 770-780 ($117.19-$118.72) on Wednesday, while stocks at top coal port Qinhuangdao jumped 12.5 percent to 8.47 million tonnes, data from industry website sxcoal.com showed.
Coal with heating value of 6,000 kcal/kg (NAR) was steady at 825-835 yuan.
"Prices won't start moving higher until around May. The outlook for imports will probably only improve ahead of summer, but even that is highly dependent on international prices," said a source at a big trading house.
"We have to remember that China doesn't need to import. They have more than enough coal domestically to feed the entire nation. They only do it when imports are cheaper."
But coal prices in Australia and South Africa have continued to rise in recent weeks, making Chinese coal cheaper by $38 and $9.30 a tonne respectively, based on coal with heating value of 6,000 kcal/kg NAR, Reuters calculations showed.
The arbitrage between Chinese coal prices and Australian imports are at the widest since September 2008.
"The floodgates of Chinese demand closed as suddenly as they had opened in 2009. You get the occasional enquiry but they are just fishing; none of them are serious buyers," said a Singapore-based trader.
Another trader said Chinese buyers were offering some $5-$10 below market rates for Indonesian sub-bituminous coal, which is now hovering at around $87 a tonne, based on coal with a net heating value of 4,900 kcal/kg.
Lured by higher overseas prices, Chinese producers are still trying to sell spot shipments to Japan, but there is a general lack of buying interest in Japan and the Pacific market as whole.
Australia's thermal coal prices, a benchmark for Asia, slipped to $132 a tonne versus last week in a thinly traded market which is largely awaiting the results of annual contract negotiations between Australian producers and Japanese utilities.
[COAL/ASIA]
Weekly Qinhuangdao prices for (Yuan) PORT STOCKS >6,000 kcal/kg >5,500 Kcal/KG (Mln Tonnes) WEEK TO
825-835 770-780 8.472 Mar 02
825-835 770-780 7.533 Feb 21
825-835 775-785 7.284 Feb 14
825-835 775-785 7.426 Feb 07
825-835 775-785 6.859 Jan 31
825-835 775-785 7.071 Jan 24
835-845 780-790 7.210 Jan 17
835-845 780-790 6.954 Jan 10
835-845 780-790 7.049 Jan 04
835-845 780-790 7.104 Dec 30
835-845 780-790 7.590 Dec 24
840-850 790-800 7.006 Dec 20
845-855 795-805 6.711 Dec 13
845-855 795-805 6.663 Dec 06
860-870 805-815 5.789 Nov 29
850-860 795-805 6.170 Nov 22
840-850 790-800 6.197 Nov 15
840-850 790-800 6.387 Nov 08
825-835 765-775 6.805 Nov 01
(Reporting by Fayen Wong, Editing by Jonathan Hopfner, By Thomson Reuters)
Sunday, February 13, 2011
China’s key power plants held 56Mt coal stocks
Coal stockpiled at China’s key power plants amounted to 55.9 million tonnes as of Feb 8, enough for the use of 16 days, the National Development and Reform Commission (NDRC) revealed at its website on Feb 10.
Key power plants in Hebei, Henan, Shanxi, and Shandong, impacted badly by draught, held coal stocks of 2.24 million, 2.33 million, 2.94 million and 5.58 million tonnes respectively, sufficient for the use of 16, 10, 17, and 19 days, the commission said.
Qinhuangdao port, China’s top transferring port of the fuel, had coal stock of 7.73 million tonnes on Feb 8, growing 14 percent from Feb 1, it added.
During the Spring Festival, China’s railway authorities loaded 87,800 rail cars coal each day on average, jumping 8.7 percent on year, of which 47,500 rail cars were power coal, reflecting a year-on-year rise of 19.4 percent, the NDRC said earlier.
Meanwhile, coal transported to main power plants under China Southern Power Grid averaged 367,000 tonnes coal each day, against daily consumption of 311,000 tonnes, the grid operator said on Feb 11.
The coal-fired power plants in five provinces of southern China have 15.05 million tonnes coal in stock, enough for use of 19.2 days on the basis of maximal generating capacity, it added.
(sourced:en.sxcoal)
Thursday, January 27, 2011
China ports see coal stock at 24Mt by end-2010
Coal stockpiles at China’s main loading ports amounted to 23.73 million tonnes at the end of Dec 2010, surging 65.3% year on year and rising 6.2% month on month, disclosed the National Development and Reform Commission (NDRC) on Jan 24, Yicai Daily reported.
Meanwhile, China’s railways transported a total of 1.4 billion tonnes power coal in 2010, jumping 23.1% on year, the NDRC said.
Earlier, the Ministry of Railways said that coal haulage via railways reached nearly 2 billion tonnes in 2010, up 14.2% year on year.
Statistics from the Ministry of Communication showed China’s major ports shipped a total of 556 million tonnes coal in 2010, rising 21.6% from that in 2009. Of this total, 538 million tonnes was for domestic trades, up 24.1% from a previous year, and 18.1 million tonnes for foreign trade, falling 25.2% year on year.
(sourced:en.sxcoal.com)
